Venezuela: U.N. forecasts economic growth at 3.9 percent for 2013

A “modest acceleration of economic growth” is expected in the next two years in Latin America and the Caribbean with growth rates at 3.9% in 2013 and 4.4% in 2014, according to a United Nations report entitled, “World Economic Situation and Prospects 2013.” This means, however, an improvement considering the noticeable deceleration in the yearly growth of the region’s gross world product (GWP), which stood at 3.1% in 2012 as against 4.3% in 2011 and 6% in 2010. Read Article