Saturday, July 4, 2009

Nationalisation In Venezuela

(Photo: Hugo Chavez, President of Venezuela)



The third largest bank in Venezuela has just been nationalised. This further extends their programme of nationalisation, which in the past two years has seen telecommunications, electricity, steel and other companies being placed under public ownership. The latest development is covered here in today's Morning Star (4 July).




Colin Burgon (right), the Labour MP for Elmet will introduce a discussion into such developments at our next meeting on 12 July. For details and further links, see our right hand column.

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