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Fitch: Difficult Operating and Market Conditions in Latin America

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CHICAGO & SAO PAULO--(BUSINESS WIRE)--Fitch Ratings expects operating cash flows in Latin America will not recover in 2015 and that issuers' credit quality will remain under stress. External conditions remain difficult for most of the region's commodities, and pressure from imported products such as steel should increase. Consumer confidence is weak in many countries, and corporate and personal taxes have been increasing. 'Fitch anticipates multiple downward rating actions in 2015 within its po

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