Popular Posts
- VENEZUELA: China Will Help Finance 3 New Power Plants For $520 Million In Oil.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- POLAND: Palikot Already Stirring The Parliamentary Pot...With Request To Remove Crucifix.
- BRASIL: The Drug Crack Invades Slums...So-Called "Cracolandias."
- COLOMBIA: Santos OKs Destruction Of Rebel Houses.
- HONDURAS : 4 Nov. UPDATE: 176 Police Arrested For Corruption; Lobo Sacks His Top Cops...Sends Troops Into Sula, Tegucigalpa.
- ITALY : Death And Disaster In Genoa Port; Cargo Ship Takes Out Control Tower; 7 Dead, 4 Injured.
- MEXICO : 09 May UPDATE: Gas Tanker Explodes On Ecatepec Highway, Killing 24, Injuring 36.
- CHILE: Navy's Touring Tall Ship...Has Sordid Past.
- GUATEMALA : Background Details In Rios Montt Indigena Genocide Trial.
15 May 2010
VENEZUELA: Police Raid Money Changers.
REUTERS/ Four money-changing businesses were raided and one arrested in a crackdown on what President Hugo Chavez calls capitalist speculation that distorts the currency market. The businesses were illegally selling USD in violation of currency exchange rules. The raids came after Chavez recently promised action to stop unregulated foreign exchanges. The Bolivar had weakened about 25% this year...to more than 8.0 per USD...while the two official rates were 4.3 and 2.6 for essential items.
