Reposted from InvestorPlace
By Dan Burrows, InvestorPlace Contributor
The global slowdown has places like Vietnam, Turkey and Colombia looking more attractive
What do Colombia, the Philippines, Egypt, Turkey, Thailand and Vietnam all have in common? Their stock markets are on a tear this year, delivering total returns of anywhere from 12% to 27%.
They’re also so-called frontier markets, which, while open and investable to mom-and-pop investors, carry special risks. More…
Presidents of the four countries in the Pacific Alliance. From left to right, Juan Manuel Santos of Colombia, Sebastian Pinera of Chile, Felipe Calderon of Mexico and Ollanta Humala of Peru.
Reposted from Agence France Presse
CERRO PARANAL, Chile — Chile, Peru, Colombia and Mexico signed an accord Wednesday creating the Pacific Alliance to more deeply integrate their economies, and develop new trade links with the Asia-Pacific region.
“From the heights of Paranal, in the most arid desert in the world and under the clearest of skies, we have signed a pact officially giving birth to the Pacific Alliance,” Chilean President Sebastian Pinera said. More…