Latin America hopes Obama can build economic, political bridges Your Financial FactSheet 16 years ago Mozee, MarketWatch Beset by a collapsing global economy, Latin America has high hopes President-elect Barack Obama will use his renowned political energy to strengthen the U.S. relationship with the region which is looking to tie up loose ends from the Bush administration and find solutions to lingering economic and social issues. Isidore, CNNMoney.com– “Bernanke suggests banks will need more help to fix economy” Federal Reserve Chairman Ben Bernanke said Tuesday that President-elect Barack Obama’s proposed fiscal stimulus package could help the economy, but he added that additional bailouts of financial institutions may also be needed to bring about a sustained economic recovery.