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economy Archives: • April, 2007 • March, 2007 • February, 2007 •

Bolivar world's worst

By Crissy at 02/26/07 06:07

The bolivar, Venezuela's money, is the world's worst-performing currency thanks to Hugo Chavez's spending habits. Now Venezuelan and foreign companies are pulling out. The bolivar nose-dived 14-percent on the black market and it's putting pressure on Chavez to devalue the currency.

Original source: International Herald Tribune. Currency slumps in Venezuela

Tags: economy •
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Argentina's president visits Venezuela

By Crissy at 02/26/07 05:35
On February 20 Argentinean President Néstor Kirchner left to visit Venezuela to meet with Hugo Chavez. They are going to initial a number of economic agreements.

Original source: El Universal. Argentina, Venezuela strengthened ties

Tags: economy •
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economy Archives: • April, 2007 • March, 2007 • February, 2007 •

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