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Canadian Business
7 hrs ago
Comment
CARACAS, Venezuela - A Venezuelan court has ordered the arrest of 30 bank executives for alleged violations at seven banks that have been taken
Wall Street Journal
11 hrs ago
Comment
The country's five biggest banks, which hold most deposits, are unlikely to be affected.
The Globe and Mail
Dec 7
Comment
The Venezuelan government has in the last week closed seven small banks, accounting for about 8 per cent of total deposits, citing mismanagement and solvency problems
Upstream Online
Dec 7
Comment
Venezuela's state-owned oil company PDVSA bought between $300 million and $600
million of its dollar-denominated bonds during the second half of this year,
taking advantage of their fall in market price, a company source said.
New York Times
Dec 7
Comment
The government detained a powerful financier and forced the resignation of his brother who is a top aide to President Hugo Chávez.
Financial Times
Dec 6
Comment
Venezuela widened a police sweep against executives from seven troubled banks shut down despite their links with top government officials -- a move likely to win support for leftist President Hugo Chavez
The Globe and Mail
Dec 6
Comment
Hugo Chavez says those involved in scandal are ‘revolting rats that wear ties'
Wall Street Journal
Dec 5
Comment
Venezuela took over three more small banks, adding to the threat to the country's entire banking system.
Reuters
Dec 4
Comment
Venezuela on Friday took over three more banks, raising the week's tally to seven, in a clean-up of the financial sector that has worried investors but is seen as unlikely to herald a major nationalization wave.
Metal Bulletin
Dec 4
Comment
Venezuelan hot-briquetted iron (HBI) producer Venprecar has resumed production after a stoppage of nearly two months for maintenance and labour disputes, a senior executive at the company told MB.
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