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Chavez threatens to nationalize Venezuelan banks

Chavez threatens to nationalize Venezuelan banks

By Walker Simon Walker Simon – Sun Nov 29, 6:43 pm ET CARACAS (Reuters) – Venezuelan President Hugo Chavez said on Sunday he could nationalize private banks unless they comply with the law, adding he had “no problem with that because the banks don’t want to extend credit to the poor.” In a broadcast from [...]

November 30 2009 | Posted in Latest Stuff, World News & Reports | Read More »

Too much debt could fuel double-dip recession…

Too much debt could fuel double-dip recession…

* Obama warns of double-dip recession, loss of confidence * Delicate balance to expand economy and reduce debt * Obama eyes export growth to fuel job creation * Tax provisions could encourage businesses to hire sooner (Adds quotes, NBC interview, background) By Caren Bohan BEIJING, Nov 18 (Reuters) – President Barack Obama gave his sternest [...]

November 21 2009 | Posted in Latest Stuff | Read More »