Nevertheless, Venezuelan energy and telecommunications companies will perform better than any other sectors of the economy. As commodities prices continue to be depressed, most Latin American countries will not do well. The only exception to the rule here will be the oil producing countries of Mexico and Venezuela. Argentina and Brazil will be least affected because they produce multiple commodities, and least dependent on commodities exports as the only source of foreign exchange. The outlook for Africa and the Middle East just got fuzzy as violence in the Middle East stands the chance of spreading to other parts of the world with sizable Islamic and to some degree Jewish populations.
High prices causes the consumers to find alternate sources of oil and energy.
Israel has what it takes to do very well in the next few years. Expect technology, telecommunications, Software and Internet companies from Israel to become major players in the world. For the past Five years, he has held many posts. He now lives in California. Com and Swem Information Group assumes no responsibility as to how this information is used or interpreted.