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Sunday, November 13, 2011



IMF,World Bank want to take over Europe, Chavez says  http://www.avn.info.ve/contenido/imf-world-bank-want-take-over-europe-chavez-says  President Hugo Chavez denounced that International Monetary Fund (IMF) and World Bank (WB) technocrats want to take over Europe and maintain the people without any kind of right in the decision making."It is cynical that big media from Europe and the United States keep accusing the Government of Venezuela of being a dictatorship. They, who are whipping their people and who have dismissed a leader, just because he proposed a referendum. What kind of democracy is that?" Chavez wondered, while explaining the economic effects on Europe as a result of the capitalist crisis.He highlighted that Latin America has showed its democratic vocation, most of all in the last decade.Last week, World Bank Managing Director, Sri Mulyani Indrawati, said Pacific countries should be prepared because "everybody expects this weakening of the European economy is going to be quite long."Massive layoffs, privatization of state companies, rise on taxes and cuts in salaries are some of the measures that have been already implemented in Greece, France, Great Britain, Spain and Italy.
[ALSO SEE...  Bank of the South could be operational in first half of 2012  http://thenakedfacts.blogspot.com/2011/11/latin-america-affairs-lat-am-unasur.html  http://minci.gob.ve/noticias/1/209213/banco_del_sur.html 

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