Popular Posts
- VENEZUELA: China Will Help Finance 3 New Power Plants For $520 Million In Oil.
- MEXICO: 2 Girls Scale U.S. Border Fence... In Under 18 Seconds.
- POLAND: Palikot Already Stirring The Parliamentary Pot...With Request To Remove Crucifix.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- COLOMBIA: Santos OKs Destruction Of Rebel Houses.
- BRASIL: The Drug Crack Invades Slums...So-Called "Cracolandias."
- ROMANIA / BULGARIA : Eastern Europe Tech Talent...Blossoms; Brain Drain Feared.
- HONDURAS : 4 Nov. UPDATE: 176 Police Arrested For Corruption; Lobo Sacks His Top Cops...Sends Troops Into Sula, Tegucigalpa.
- CHILE: Navy's Touring Tall Ship...Has Sordid Past.
- RUSSIA / GERMANY : Nein! Germany Withdraws Quadriga Prize For Putin.
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.
