Hugo Chávez watch
Venezuela’s president is allegedly preparing to take control of the country’s private banks as part of his “Socialism of the 21st Century” strategy. Hugo Chávez wants to place two government officials on the board of every foreign- and locally owned private bank in a bid to extend political influence over the economy, according to analysts.
Rankings: Latin failings
In mid-September, the World Bank released its annual ranking of how easy it is to do business in 155 countries.
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