Trade Game

Central American leaders said Wednesday that trade with the U.S. is fueling steady growth in the region, but they must forge closer ties with one another to continue advancing.

Salvadoran President Tony Saca, a close ally of Washington, urged counterparts to boost infrastructure and investments to withstand a sharp economic downturn in the United States.

"We have to see Central America as a bloc," Saca told a panel at the World Economic Forum on Latin America in Cancun, where he announced plans to explore for natural gas with neighboring Guatemala along the nations' Pacific coasts.

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Importance: If problms continue and all th countries are tied together then this could just create more problems or, this could turn out great we may never know.

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Trade with Barbados

Barbados intends to move closer to Latin America on trade and other economic matters.

That indication came from Prime Minister David Thompson who said while in Miami on Monday that his Government saw the Spanish and Portuguese speaking nations of the Western Hemisphere as an alternative to some of island's long-standing trading partners.

"I believe that as Barbados and the Caribbean continue to consider strategies for countering economic challenges, increased attention must be given to the potential which Latin America offers as an alternative to some of our traditional trading partners," Thompson said.

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Importance: New trading partners! These guys aren't trading Poke'mon cards either, so Mexico should see good economic outcomes from this.

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Mexico peso off on US worries; stocks up on miners

MEXICO CITY, Feb 21 (Reuters) - Mexico's peso currency weakened for the third straight session on Thursday as investors worried about the health of the U.S. economy, while stocks jumped on international metals prices.

The peso MEX01 lost 0.05 percent to 10.7930 per dollar, while the benchmark IPC stock index .MXX rose 0.47 percent to 29,361.32 points.

Data in the United States showed manufacturing output in the mid-Atlantic region slowed to a seven-year low in February.

Economists say trouble in the U.S. economy could translate into less demand for Mexico's exports and the peso.

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Importance: This is important not only to Mexico but also to the world economy. The article indicates that because of this, there is less demand for Mexico's exports and the Peso. On a different note, U.S. manufacturing in the mid-atlantic is at a seven year low. This could also be relevant to the apparent upcoming recession.

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