Digging Deep

Latin America is not immune to the economic downturn, but, says Jude Webber, with more stable governments and encouragement of foreign investment, the region is perhaps better positioned to deal with it than ever before. Worried about the economic crisis? Thinking of cutting back? Think again, Argentine president Cristina Kirchner advised this month. Though her […]

Shop till you drop no more: Retailers found holiday cheer hard to come by this year.

The 2008 holiday shopping season reflected both the economic woes and the reduced consumer confidence that abound in today’s retail markets. “Worries about their jobs, the difficulty in accessing credit, and the uncertainty about the economy caused many consumers to exercise restraint and to use cash for the purchases they did make,” said Deanne Butchey, […]