President Hugo Chavez struck a softer tone to reassure jittery investors on Thursday over the health of Venezuela's banks, and markets began to stabilize after a sharp sell-off of bonds and the bolivar currency. With rumors swirling about stability after...
Two of the banks, Canarias and ProVivienda, will be permanently closed and their assets auctioned off, Ali Rodriguez, the finance minister, said on Monday. "The damage caused has been so great that it has severely compromised the solvency of these institutions...
Maracaibo :: Venezuela
| updated Sun Nov 29 22:43:05 -0800 2009
| political-news
Venezuelan Prez threatens to nationalize banks Updated on Monday, November 30, 2009, 09:53 IST Caracas: President Hugo Chavez has threatened to nationalize banks that violate regulations, saying he'll do whatever is necessary to prevent irregularities amid a scandal that already...
Maracaibo :: Venezuela
| updated Sun Nov 29 00:03:57 -0800 2009
| political-news
Apparently the Colombian paramilitaries are equal opportunity employers since the leader Janeth Vega is a woman! Although the Colombian govt. hailed her arrest and asked for her extradition to face charges in Colombia there is little likelihood of that happening....
Venezuela's President Hugo Shavej says U.S. President Mr.Barack Obama's feelings are divided. Shavej shows Mr.Obama a great mystery having two different faces . He is very big puzzle .Mr.Obama speaks on the rights of women,just by smiling. Whereas for Social...
Obama during visit to China Photo: Reuters Qom enrichment plant Photo: AP Washington Post reports American warning caused Beijing to reconsider its stance on Iranian nuclear program, may lead to agreement on tougher sanctions against Islamic republic Yitzhak...
Remember the time in April 2002 when a military-civilian junta ousted Hugo Chavez from power for almost 48 hours? If the former US president, Jimmy Carter is to be believed the failed coup was orchestrated by Washington. Speaking to El...
Caracas :: Venezuela
| updated Sat Nov 21 20:53:37 -0800 2009
| political-news
Venezuela President Hugo Chávez is heaping praise on Ilich Ramírez Sánchez, the Venezuelan better known as Carlos the Jackal and implicated in hijackings and terror attacks across Europe in the 1970s and ’80s, describing him in a speech here...
The swine flu pandemic is spreading quickly among the Yanomani tribe, in a remote corner of the Amazon jungle straddling Brazil and Venezuela, and a medical team is heading there to help, government officials said. At least seven members of...
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