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Reporting from Bogota, Colombia—
Although economists see little danger of a recurrence of the hyperinflation that undermined the region in the past, Latin America's rapidly rising prices could undercut its remarkable economic growth and even hurt U.S. hopes for an export-led recovery.At food stalls in Caracas, Venezuela, gas pumps in Santiago, Chile, and newly minted subdivisions in Sao Paulo, Brazil, prices are rising. In one sense, it's a sign of good times. Global demand is strong for the region's oil, coffee, soybeans, copper and other commodities. Latin Americans have money in their pockets and want to spend it"................LINK
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