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On April 6-8, I participated in the World Economic Forum on Latin America, which this year took place in beautiful Cartagena, Colombia. The meetings convened about 600 leaders from industry, government and civil society from over 40 countries. It included the participation of 6 Presidents from the region. I spoke in two panels on: (a) the impact of newly proposed international financial regulation on the stability of Latin America’s financial systems and (b) the development of local capital markets.