Foreign direct investment in Latin America plunges 21%

Foreign direct investment in Latin America dived 21 percent in the first half of 2015, a UN commission said Thursday, the latest bad news for a region facing recession this year. FDI to 16 countries in the region fell to $88.7 billion in the six months through June from the same period last year, said the UN's Economic Commission for Latin America and the Caribbean (ECLAC). The commission warned earlier this month that Latin America's economies will contract 0.3 percent this year, in line with f