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Today’s Economy


    Venezuelan economy                ECONOMIC
  expected growth of 4% by         SUSTAINABILITY OF
    2012 according to the          VENEZUELA FOR THE
    Minister of economy.              YEAR 2012.




Keep inflation well          Price of gold at its lowest
   above these               level in nearly three months.
   countries?




                                                             1
Today’s Economy



Magazine created to inform about the current economy of
Venezuela to give knowledge of the ups and downs drastic
that it suffers now or could suffer in the future.


                              Articles
3 Venezuelan economy expected       4 ECONOMIC     SUSTAINABILITY OF
   growth of 4% by 2012 according      VENEZUELA FOR THE YEAR 2012.
   to the Minister of economy.
                                    5 Price of gold at its lowest level
3 Keep inflation well above these      in nearly three months.
   countries?




                                                                          2
Venezuelan economy expected growth of 4% by 2012 according to
the Minister of economy.
                                                               Venezuela's     economy
                                                               entered a cycle of
                                                               "recovery" after the
                                                               contraction of 2.4%
                                                               suffered in the second
                                                               quarter of the year, said
                                                               on    Wednesday       the
                                                               Minister of economy,
                                                               and a 4% growth is
                                                               expected     for    2012.
                                                               "Begins to arrest the
                                                               decline, begins to have
                                                               recovery," Ali Rodriguez
told reporters during a forum at capital University, and indicated that the Government
maintains the estimate of "growth 0" for this year.

The Minister said that the Government will make investments in infrastructure,
particularly in sectors such as the electricity, where acknowledged that there has been a
"backlog" of investment that has affected the strong deficit of electricity generation
currently facing the country to stimulate economic growth.




                Keep inflation well above these countries?
                                                   Venezuela lives on a long-standing
                                                   disease, and approximately since the
                                                   1980s it has been growing inflation
                                                   problem. This means that each time
                                                   the value of the money to purchase
                                                   goods and services is lower. However,
                                                   fortunately not it has soared as in
                                                   other countries which reached 103,
                                                   but we will work to see if we have
                                                   been to a digit.




                                                                                            3
ECONOMIC SUSTAINABILITY OF VENEZUELA FOR THE YEAR 2012.
The Venezuelan to be sustainable and sustainable economy requires building a solid
economic structure, allowing to maintain fundamental balances in real, fiscal, monetary
and external sectors in order to ensure the production of goods and services that improve
the standard of living of the population.

So the main economic magnitudes
evolve positively, you must know what
are the strengths and opportunities
we have to transform the present and
be able to build a better future for the
entire population. In the Venezuelan
case they have material and human
resources which should guarantee
economic and social sustainability.
Now, those resources you must
combine properly to achieve an
abundant production of goods and
services and therefore the control of inflation and the creation of formal jobs.

A selection of key indicators can provide guidance on the evolution of the economic and
social situation of Venezuela: the GDP during the first half of the current year increased by
3.6% reversing the falls of 2010 years (1.5%) and 2009 (3.2).




                                                                                                4
Price of gold at its lowest level in nearly three months.
                                                        Gold fell Wednesday to its
                                                        lowest level in nearly three
                                                        months,     at   its   second
                                                        consecutive session to decline,
                                                        due to the disappointment
                                                        caused by lower expectations of
                                                        a new financial stimulus in
                                                        United States.



Spot Gold lost 1.5 per cent to $1.620, 85 an ounce at the close, after earlier scoring a
minimum of $1.611,80, its lowest level since January 10.



The gold, which followed heavy falls of
the shares and the price of oil, has lost
5% in the last six sessions, once signs of
improvement in the economy of United
States dashed hopes for a new round of
capital injection.




                                                                                           5
ENTERTAINMENT


                                            JOKES



What's the best way to make a small fortune in the stock market?

   Start off with a big one!

What will happen if the DOW average falls any further?

   They'll add a N to the end of it!

How bad is the economy, really?

   The economy is so bad, I went to my bank the other day and the teller handed me a note
   saying, "This is a robbery!"




                                                                                            6
CROSSWORDS




             7
8
Today’s Economy


                            GROUP EDITOR
                             Andrea Linares




Articles on

   ECONOMIC SUSTAINABILITY OF VENEZUELA FOR THE YEAR 2012.
   Price of gold at its lowest level in nearly three months.
   Jokes




                                                               9
Enyelber Rodriguez




Articles on

   Venezuelan economy expected growth of 4% by 2012 according to the
   Minister of economy.
   Keep inflation well above these countries?
   Crosswords.




                                                                       10
BIBLIOGRAPHY



http://www.eluniversal.com/2009/11/11/eco_ava_gobierno-preve-
creci_11A3040051.shtml
http://www.revistamercado.do/2010/11/el-2011-y-el-2012-seran-mejores-
anos-para-la-economia/
http://www.aipop.org/site/modules/news/article.php?storyid=239
http://www.elmundo.com.ve/noticias/mercados/commodities/precio-del-
oro-en-su-nivel-mas-bajo-en-casi-tres-m.aspx




                                                                        11

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Today´s Economy

  • 1. Today’s Economy Venezuelan economy ECONOMIC expected growth of 4% by SUSTAINABILITY OF 2012 according to the VENEZUELA FOR THE Minister of economy. YEAR 2012. Keep inflation well Price of gold at its lowest above these level in nearly three months. countries? 1
  • 2. Today’s Economy Magazine created to inform about the current economy of Venezuela to give knowledge of the ups and downs drastic that it suffers now or could suffer in the future. Articles 3 Venezuelan economy expected 4 ECONOMIC SUSTAINABILITY OF growth of 4% by 2012 according VENEZUELA FOR THE YEAR 2012. to the Minister of economy. 5 Price of gold at its lowest level 3 Keep inflation well above these in nearly three months. countries? 2
  • 3. Venezuelan economy expected growth of 4% by 2012 according to the Minister of economy. Venezuela's economy entered a cycle of "recovery" after the contraction of 2.4% suffered in the second quarter of the year, said on Wednesday the Minister of economy, and a 4% growth is expected for 2012. "Begins to arrest the decline, begins to have recovery," Ali Rodriguez told reporters during a forum at capital University, and indicated that the Government maintains the estimate of "growth 0" for this year. The Minister said that the Government will make investments in infrastructure, particularly in sectors such as the electricity, where acknowledged that there has been a "backlog" of investment that has affected the strong deficit of electricity generation currently facing the country to stimulate economic growth. Keep inflation well above these countries? Venezuela lives on a long-standing disease, and approximately since the 1980s it has been growing inflation problem. This means that each time the value of the money to purchase goods and services is lower. However, fortunately not it has soared as in other countries which reached 103, but we will work to see if we have been to a digit. 3
  • 4. ECONOMIC SUSTAINABILITY OF VENEZUELA FOR THE YEAR 2012. The Venezuelan to be sustainable and sustainable economy requires building a solid economic structure, allowing to maintain fundamental balances in real, fiscal, monetary and external sectors in order to ensure the production of goods and services that improve the standard of living of the population. So the main economic magnitudes evolve positively, you must know what are the strengths and opportunities we have to transform the present and be able to build a better future for the entire population. In the Venezuelan case they have material and human resources which should guarantee economic and social sustainability. Now, those resources you must combine properly to achieve an abundant production of goods and services and therefore the control of inflation and the creation of formal jobs. A selection of key indicators can provide guidance on the evolution of the economic and social situation of Venezuela: the GDP during the first half of the current year increased by 3.6% reversing the falls of 2010 years (1.5%) and 2009 (3.2). 4
  • 5. Price of gold at its lowest level in nearly three months. Gold fell Wednesday to its lowest level in nearly three months, at its second consecutive session to decline, due to the disappointment caused by lower expectations of a new financial stimulus in United States. Spot Gold lost 1.5 per cent to $1.620, 85 an ounce at the close, after earlier scoring a minimum of $1.611,80, its lowest level since January 10. The gold, which followed heavy falls of the shares and the price of oil, has lost 5% in the last six sessions, once signs of improvement in the economy of United States dashed hopes for a new round of capital injection. 5
  • 6. ENTERTAINMENT JOKES What's the best way to make a small fortune in the stock market? Start off with a big one! What will happen if the DOW average falls any further? They'll add a N to the end of it! How bad is the economy, really? The economy is so bad, I went to my bank the other day and the teller handed me a note saying, "This is a robbery!" 6
  • 8. 8
  • 9. Today’s Economy GROUP EDITOR Andrea Linares Articles on ECONOMIC SUSTAINABILITY OF VENEZUELA FOR THE YEAR 2012. Price of gold at its lowest level in nearly three months. Jokes 9
  • 10. Enyelber Rodriguez Articles on Venezuelan economy expected growth of 4% by 2012 according to the Minister of economy. Keep inflation well above these countries? Crosswords. 10