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Chile President: Latin American Recovery May Be Underway



SINGAPORE -(Dow Jones)- Chilean President Michelle Bachelet said Friday that a recovery may be underway for Latin American economies.

"All the economic data from developed and emerging economies are signalling ever more strongly that the recovery may be under way and once again the Asian Pacific economies are leading us to return to positive growing rates," she said.

But she also warned against slipping into complacency, saying that it would generally be too soon for governments to retract stimulus measures as economies and financial systems remain fragile.

-By Sam Holmes, Dow Jones Newswires; +65-6415-4157; samuel.holmes@dowjones.com


  (END) Dow Jones Newswires
  11-13-090402ET
  Copyright (c) 2009 Dow Jones & Company, Inc.

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