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Chavez: Government Might Nationalize Banks

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Chavez: Government Might Nationalize Banks
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Private banks Must Help Country's Progress

Nov. 30. (Hamsayeh.Net) - Venezuelan President said he would nationalize all the private banks since they refuse to lend money to the poor causing a slowdown in economic development of the country. Reuters reported.

Hugo Chavez speaking on a weekly television show said the private banks aren't obligated ...

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