You are currently browsing the Business & Financial News weblog archives for the day Saturday, May 5th, 2007.

Hugo Chavez has destroyed Venezuelan market

The basic index of the Venezuelan share market has fallen to 2,74 % after the president of country Hugo Chavez has declared the intention to nationalize commercial banks. Thus the index of the financial companies has lowered on 3,12 %. BBVA Banco Provincial (-4,5 %), belonging Spanish Banco Bilbao Vizcaya Argentaria SA, and also Mercantil […]