Latin America holds one fifth of world’s oilVenezuela’s reserves rise to 297 billion barrels with heavy oil in the Orinoco Belt and Brazil’s capacity is growing.
IMF seeks Latin America’s supportExperts say Mexico’s relatively strong economy puts it in a position to negotiate for more power inside lending agency.
Poverty levels fall in Latin AmericaRising household incomes reduce poverty levels but region’s wealth gap is still largest in world.