GE sees Latin American growth despite turbulence

"We probably will grow single digits this year in Brazil, which is a good performance considering this is probably going to be a difficult year," Reinaldo Garcia told Reuters on the sidelines of a Latin American business forum. GE's Latin American revenues grew 7 percent in 2014 as it has nearly doubled its business in the region from four years ago. GE has also nearly doubled the size of its operation in Brazil over the past four years, but the economy is under pressure as President Dilma Rousseff has sought austerity measures to cut Brazil's fiscal deficit and maintain the country's investment-grade credit rating.



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