Wilting dollar hurts Colombian flower growers on Valentine’s Day

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Posted on: February 7th, 2008
Filed Under: [ Business ] [ Hispanic News ] [ Non-US News ] [ Eye Openers ] [ Blogante Business ]
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“Colombian flower exporters face a loveless Valentine’s Day, hurt by rising labor costs, income received in wilting U.S. dollars, and customers too worried about a recession to buy roses.

In the United States, which accounts for about 80 percent of Colombia’s flowers exports, residents are battening down for an economic slump.

But Valentine’s on Feb. 14 is the biggest day of the year for Colombian flower producers who employ almost 200,000 people, mostly women who might otherwise be caught in the violence and poverty caused by the country’s four-decade-old guerrilla war.”*

*From: http://www.reuters.com
Traducido: usando Google o Altavista/Babel Fish

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