Economic crisis. Political crisis and violence. Social crisis.
Miguel Gutiérrez, an analyst for Central America Business Intelligence (CABI), wrote: "Guatemala is facing conditions that could have similarities with the novel “The Perfect Storm.” The hope is that Guatemalan sailors can reach a different conclusion than that of the novel, in terms of the issues that are related to the economic crisis—although in this area it is already a little late—and the political as well as the social crises to come."
The sum of growing state debt, increasing insecurity and lack of government actions aimed at recovering real production, is creating a perfect storm.
"... The Salvadoran Foundation for Economic and Social Development (FUSADES) said the country could be entering into a severe financial political and social crisis, if a stop is not put to the uncontrollable debt levels, and if the engines of economic growth keep being smothered.
The South American country is the second biggest destination for Nicaraguan exports.
Exporters to Venezuela "must be prepared" to diversify their market, due to the current situation taking place in the South American nation, said Azucena Castillo, general manager of the Association of Producers and Exporters of Nicaragua. Venezuela is the second biggest destination for Nicaraguan exports.
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