Re: Authorities temporarily halted the trading of government bonds
posted on
May 20, 2010 05:41AM
Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
spart, a couple days ago it was 8/1 bolivars...also, hugo did'nt look so good in this picture. i think the fact that he'll have to launder his drug money thru the central bank has him worried...:)
Chávez blames industralists of strike of investments |
Thursday, 20 of May of 2010 |
The agent chief executive said that there is to explain the Venezuelan town “how he is that they were making to take the dollar, called parallel, up to 10 bolivars or more? It is a robbery, it is a fraud”, he indicated. The President designated to Aristóbulo Istúriz head of campaign of the PSUV for the parliamentarians. Photo Presses Presidential
Chancellor “Nicholas (Mature), is necessary to go formally to the government of the United States, through his embassy in Caracas, asking information”, said Chávez to him in an act transmitted by official television transmitter VTV. “He appeared a government spokesman of (Barack) Obama saying that the government of the United States has tests (...) of people who are been washing to dollars through call market permutes”, she added. Chávez talked about to the tests presented/displayed by a American office of the public prosecutor against 16 people, almost all Venezuelans, defendant to launder money of the drug trafficking through exchange market of the parallel dollar in Venezuela. “That gives the names us because, for us, there are no sagradas cows, they do not have untouchable”, they emphasized the agent chief executive. In Venezuela two types of official exchange rate exist: 2,60 for high-priority imports, essentially of the State; and 4.30 for the rest. Also currencies by the sale of titles and bonds can be obtained legally, which lifted the quote at levels very superiors to the official rate. This market, known like dollar permutes, operated by the supply and the demand and had the houses of stock market like intermediaries. Nevertheless, the Central bank (BCV) will establish a system of bands now to determine the value of this dollar and will exclude from this market the brokerage houses, by virtue of a new law that grants to the being the control of the exchange intermediations. The president of the Republic, Hugo Chavez, maintained that the “bourgeoisie” of the country is “applying a strike to him of investments” to the Government, when criticizing that the private bank does not support the small producers, reviewed the Universal one. “They determine the cynicism of this bourgeoisie, they who have the private banks most of and handle the greater amount of circulating in Venezuela, two thirds, all that spurt of resources would direct I them to the poor men, to the small producers”, said Chávez during the act of the second delivery of financing to the small and medium industralists, cooperatives and entrepreneurs that took place in the Ayacucho Hall the Palace of Miraflores, in Caracas. Load against the PPT Chávez criticized hard to Patria Para Todos (PPT), a left party that had traditionally supported the government, labeling as “treasonous” to its leaders and predicting who the candidates presented/displayed by that now dissident organization would be defeated in the elections of the 26 of September to leave their revolutionary principles. “They have allied themselves with the right”, said Chávez, going to the members of their party in the power. “That remains the reformists there, we are the true revolutionaries here… They became a reformist shell, the condemned to the anything”, declared. “The traitors will be defeated”, added. Enemistad between Chávez and the PPT began months back, but the definitive rupture materialized Wednesday, after Chávez gave the welcome him to ex- members of that party and condemned its leadership to reject to form an alliance with the party of the President facing the elections due to the intransigente attitude of the socialist leader. Those in favor of the President count at the moment with an unbeatable majority in the National Assembly, as soon as almost all the parties of opposition boycotted the previous legislative elections in Venezuela celebrated in the 2005. The opposition has decided to participate this time, nevertheless, and must as objective present/display a unique candidate for each bench in dispute. Istúriz will handle the campaign Aristóbulo Istúriz was designated by the directive of the PSUV like the head of the commando of campaign with a view to the legislative elections of the 26 of September. The announcement made the president of the PSUV, Cold Hugo Chavez, this Wednesday, through its user @chavezcandaga, of the social network and popular Twitter. “Epa! We already have Commando of Campaign BOLIVAR200. And they know who is the Jefe' Nothing less q Aristóbulo! We will coil to the skinny ones! ”, it is the message that makes few moments sent Cold Chávez to its followers via Twitter. |