Venezuela Shipping Report Q4 2013

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Venezuela Shipping Report Q4 2013 Sep 4th 2013, 00:00 Price: $ 1295   Venezuela's shipping and ports sector has been highly affected by the country's unstable political and economic situation. We expect near-recessionary economic conditions to prevail over the coming quarters, characterised by a slowdown in private consumption and exports, which will have a negative knock-on effect on shipping and port volumes. We believe recently-elected President Nicolás Maduro will continue Chávez's policies of elevated social spending, which will result in sizeable fiscal deficits. Inflation will remain elevated, at the highest level in Latin America, and the operating environment will remain very precarious for foreign multinationals in the country. ... Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/269004.html

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