Chavez trying to prevent speculation with US dollars

Monday, May 17th 2010 - 05:11 UTC

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Venezuelan President Hugo Chavez signed Sunday a currency law passed by the National Assembly this week that seeks to stem a decline in the local currency Bolívar, according to a broadcast on state television. Read full article

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“This law creates an alternative system,” Chavez said on state television. “I don’t mind more regulation if it’s needed. Don’t provoke me, bourgeois speculators and brokerages.”

Such statesmanlike even-handedness!!!
May 17th, 2010 - 10:23 pm - Link - Report abuse 0
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