Europe Foreign Investment Latin America

European companies, led by Spanish firms, have surpassed the United States as the main source of direct foreign investment in Latin America and the Caribbean, reaching record levels compared with the early 1990s, a United Nations-World Bank report said. The survey also said expansion of multinational corporations is gaining momentum as the world economy becomes increasingly global. The 223-page report, produced by the U.N.

European companies, led by Spanish firms, have surpassed the United States as the main source of direct foreign investment in Latin America and the Caribbean, reaching record levels compared with the early 1990s, a United Nations-World Bank report said. The survey also said expansion of multinational corporations is gaining momentum as the world economy becomes increasingly global. The 223-page report, produced by the U.N.