NEW : Much of Latin America to struggle in economic crisis , professor predicts . Haussman , who is Venezuelan , said the situation in his home country was particularly fragile , `` because the president has been spending thinking that the price of petroleum would be somewhere else . '' Argentine leader wants to drive up domestic consumption amid fall in global demand . Government will set aside about $ 1 billion in funds for this . Government also will trim withholding ##s for the production of wheat and corn .
NEW : Much of Latin America to struggle in economic crisis , professor predicts . Argentine leader wants to drive up domestic consumption amid fall in global demand . Government will set aside about $ 1 billion in funds for this . Government also will trim withholding ##s for the production of wheat and corn .