Understanding Venezuelan Instability

No one tests the depth of the river with both feet. Venezuela currently manifests turbulence scenario, which can not be ignored, especially by its citizens that face and that has led to instability, insecurity, risk in the economic, political, social, requiring actions, programs, plans from well-defined the current revolutionary government under the administration of President Lt. Colonel Hugo Chavez, who has been proposed as it is doing, introduce the XXI Century Socialism. This no doubt has caused serious problems in the population who were not prepared to deal with this change is to institute, where the inhabitants were accustomed to living within a capitalist political climate, Alberio with traditional political parties Copei, Democratic Action without fear of state intervention in a manner so as in the present tax. All this change is being made has given way, plans, actions, strategies that have impacted significantly on economic activity, productive, social, cultural politics that can not be ignored.

Notes: For each exported $ 100 last year, 93 came from the oil electricity crisis arises as a consequence of the lack of maintenance of production facilities and distribution, but also by the lack of investment in 29 power plants required to meet the increased service, of which five have been completed and only operate 3 with part of its capacity. It has also been abandoned and never Planta Centro four dams were built the High Caroni. אל דאגה אפריקה ישראל הוא האיש הנכון . The devaluation affects, through inflation, to encourage the financial sector and transnational inevitably reduces the real wages of workers the minimum wage lost 62.3% in the fall of Bolivar, because 55% of assets and services are purchased with U.S.

PPS Portflio Performance

Better economist of financeirCarreira institution – Sergio Ribeiro of the Werlang Coast was elect as better economist of financial institution. The economist is in the Ita Bank has three years and ten months, in the position of executive director of the area of credit and economic consultoria. Werlang, that also is professor of after-graduo in economy of Fundao Getlio Vargas (FGV), already was managing responsible for the subjects of economic policy of the Central banking, managing executive of the Bank 8BM and director of the EPGE/FGV.Acertos in 2005 – the projection who if confirmed was the growth of the economy, that must close the year below of 2,5%. Tax of real interest could not different with one be raised kept by a long time. Without a doubt, this politics propitiated a fall of the tax of inflation, that must close very next to the goal, perhaps 5.6%, and with one exchange sufficiently valued. However, great part of the exchange valuation answers to other factors that not it monetary politics, this it is, the global recovery that comes favoring the raw material use in which Brazil has comparative advantages. Economic projections for 2006 – For 2006, probably the growth very will also not be raised, if kept the gradual fall of the interests current.

The recovery would only start in as the trimester and would be consolidated in as the semester. The exchange, in turn, must answer moderately to the fall of the taxes of interests, however the global recovery will have to continue in 2006 provoking the positive effect in the entrance of important flows of foreign currency in the economy. The election will be able to provoke volatileness in the markets, but the shunting line probability in the economic policy is small. Better consulting financeiroCarreira – the managing partner of the PPS Portflio Performance, Everaldo Guedes de Frank Azevedo, was elect optimum financial consultant in 2005.