Second contraction year for Venezuela; 2% expansion forecasted in 2011

Thursday, January 6th 2011 - 21:08 UTC

Full article 14 comments

Venezuela’s economy contracted 1.9% 2010, marking a second year of recession according to a release from the Central Bank. The economy shrank 3.3% in 2009, but President Hugo Chavez's government said the country is now pulling out of recession and on course for 2% growth in 2011. Read full article

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arquero
mmm ... better than ruined California ....
Jan 07th, 2011 - 11:21 am - Link - Report abuse 0
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fredbdc
Please explain how? Even with years of stagnation CA still has an economy 3X larger than Argentina.

Caracas now ranks as the world's No. 1 murder capital, according to Foreign Policy magazine. It's an assessment that will surprise few credible Venezuela watchers. During President Hugo Chávez tumultuous ten-year rule, Venezuela's quality-of-life indices have been in an ongoing tailspin -- thanks to epic levels of corruption and mismanagement; not to mention El Presidente's increasing concentration of power in his own hands.
Jan 07th, 2011 - 04:32 pm - Link - Report abuse 0
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arquero
fredbdc ###
in California about 39 % of 18--30 years olds are unemployed...
would you think to run China to get work !!??
Jan 07th, 2011 - 07:49 pm - Link - Report abuse 0
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fredbdc
Run to China to work for $1/day, don't think so.
Jan 07th, 2011 - 10:00 pm - Link - Report abuse 0
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arquero
you think like that your daily value more than $1/day ! sure ?
Jan 08th, 2011 - 06:17 pm - Link - Report abuse 0
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fredbdc
Learn English loser.
Jan 08th, 2011 - 09:06 pm - Link - Report abuse 0
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arquero
use --google translator-- ! learn computer how to use up ..

you were there while recent Brits student protesters ? what happened !
Jan 09th, 2011 - 02:24 pm - Link - Report abuse 0
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fredbdc
Google translate is HORRIBLE, that is why your posts sound like you are retarded. Give up and don't bother posting on an English chat board until you learn English.
Jan 09th, 2011 - 03:20 pm - Link - Report abuse 0
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arquero
you tried the Google Translation !.. go on ! don't be yahoo !
Jan 09th, 2011 - 05:00 pm - Link - Report abuse 0
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xbarilox
“Give up and don't bother posting on an English chat board until you learn English.” Fredbdc, the democratic skank.
Jan 09th, 2011 - 06:28 pm - Link - Report abuse 0
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fredbdc
9, Seriously what you are typing makes no sense. Please stop bothering everyone or get someone to write your posts for you.

Xbox, A good example of a Pernoista skank is CFK, skanks are women not men, tardo.
Jan 09th, 2011 - 09:56 pm - Link - Report abuse 0
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xbarilox
Oh, so you're a man, sorry, I didn't know :(
Jan 10th, 2011 - 01:25 am - Link - Report abuse 0
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ed
yahoo's meaning is --ignorant-- in US steet jargon .
Jan 10th, 2011 - 09:27 am - Link - Report abuse 0
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fredbdc
US street jargon, of what the 1930s? My, My aren't we hip! And still the sentence isn't constructed to make any sense.
Jan 10th, 2011 - 12:48 pm - Link - Report abuse 0
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