The Main Idea: An IMF Forecast for Latin America in 2016

Latin America should be growing at 2-3 percent, said the International Monetary Fund's Alejandro Werner at an AS/COA event on January 26. Instead, the Fund expects the region to contract 0.3 percent in 2016. Leading the downturn are Venezuela and Brazil, as well as China's reduced demand for commodities and the yuan’s drop. 

Watch the complete conversation.