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| Caribbean-Latin America |
| Trade sector expects no economic improvement in 2011 |
| 2010-11-26 |
| [El Universal] Fernando Morgado, the president of the Venezuelan Council of Trade and Services (Consecomercio), said that there are no signs of an economic improvement next year. "We should be ready for the worst," Morgado said in an opening speech to celebrate the World Trade Day. Morgado added that uncertainty among businessmen will continue in 2011. "We are totally convinced that uncertainty will continue to limit investments." The business leader stressed that Hugo Chavez's government represents a "lost decade" and that the Venezuelan authorities are the only ones that refuse to acknowledge this bleak outlook. |
| Posted by:Fred |