Fernandez in Florida
President Leonel Fernandez was in Miami to participate in the Miami Herald-sponsored Americas Conference at the Biltmore Hotel Thursday. Fernandez was also a keynote speaker at a Beacon Council event where he spoke and meet with around 600 Floridian businesspeople.
For some days now, President Leonel Fernandez has been arguing that the DR is well prepared to handle any adverse reaction to the US financial crisis, but during his speech at the Americas Conference Fernandez commented that the US crisis could reverberate in the DR. Though this has yet to happen, he says it could hit in the near future. Fernandez said the DR’s GDP has grown by 7% in the last seven months and the government would do all that is possible to protect the nation’s productive sectors.
Fernandez said that Latin American economies needed to develop mechanisms to withstand the current world crisis. The President added [...]
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