Venezuela's government faces a huge fiscal gap in 2009 as oil revenues fall while spending continues to rise.

The global economy is back on its feet, though the first few steps forward have been shaky.

China was Brazil's largest trading partner in the first nine months of 2009, toppling the U.S for the first time.

Retail sales across Latin America have started to rebound stimulated by record low interest rates.

LatAm's currencies are appreciating, causing central banks to intervene to prop up the value of the U.S. dollar.