Tuesday, April 16, 2013

RAISE COUNTRY ON VENEZUELA (AGAIN)



The combination of widespread civil unrest, generated by a presidential election where many experts have confirmed that the results were manipulated by the ruling party, an abysmal economy, a politically influenced judiciary, and massive corruption,  all point to one conclusion: risk levels for investing in, or extending credit to, Venezuelan companies or ventures, is far to high at this time. Raise Country risk on Venezuela to Extremely High.


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