Economy

Venezuelan economy, indeed recovering
Economy Globe Latin America

Venezuelan economy, indeed recovering

Analysis of the General Index of Monthly Economic Activity showed a better performance than what was forecast for January and February, according to the president of the Central Bank, Nelson Merentes. Waldo Mendiluza The Venezuelan economy could see twice as much growth as the two percent predicted for the 2011 […]

Venezuela & China, a new alliance
Economy Latin America World

Venezuela & China, a new alliance

Both countries are charting the road to the future, seeking new strategic alliances in areas such as food security, infrastructure and machine construction. Edilberto Méndez In building closer relations, the two governments began 2011 with intense joint work by their respective delegations. In that respect, Venezuelan President Hugo Chávez said […]

The dollar effect: the latest U.S. World War?
Economy In Focus

The dollar effect: the latest U.S. World War?

The invasion of the world markets by the United States dollar threatens to destabilise the economies of the world across its financial and trading systems. Santiago Brugal Almanza* This evaluation has been reiterated by the Wall Street Journal, this time in an article entitled ‘The Federal Reserve Reshuffles The Inflationary […]

FTA increased US dependence
Economy Latin America

FTA increased US dependence

The Free Trade Agreement between the United States and Central America, Dominican Republic did not bring the growth promised with its signature five years ago, said researcher Benjamin Ramos. What it has generated is higher levels of dependence on imports from the United States, said Ramos when evaluating the results […]

Europe would suspend biofuel subsidies
Economy Europe Globe

Europe would suspend biofuel subsidies

The European Commission announced recently that it would propose the suspension of subsidies for biofuel crops, amid the growing controversy over that energy source. The European spokesman for agricultural matters, Michael Mann, said the EC would propose that member states suspend those subsidies, because it is not necessary to encourage […]