Bear Stearns Reported Peru as Having a Favorable Economic Outlook, Stratos Renewbles Corp. (SRNW.OB) Sees Potential
In a recent Emerging Market report, Bear Stearns reported Peru as having an extremely positive outlook for continued growth. They noted that it is one of South America’s top economies. Ethanol producer Stratos sees this opportunity and continues to invest heavily in its infrastructure. They see Peru as the prime place for them to become the low cost leader of sugarcane ethanol production. Peru’s economic factors are excellent; GDP continues to grow 10.4% last year, a diversified economy, and continued population growth. The country also enjoys stable economic conditions, one much more stable than neighboring countries. Its currency is also…