Posts tagged Venezuela

Latin American Countries to Begin Single Currency Talks

on January 28, 2010 by admin in E-Commerce, Export News, Import News, Latin American Business, Trade News, Comments Off

The trade ministers of an alliance of Latin American Countries (ALBA) will meet today to discuss the operational launch of a regional electronic currency. In last April, Venezuelan President Hugo Chavez and the leftist leaders of the region agreed to… Continue reading

Chavez Devaluation Missile Ravages French Retail Chain

on January 22, 2010 by admin in Business, Economy, Latin American Business, World Business News, Comments Off

Exito, a joint French-Colombian supermarket chain, has fallen prey to this month’s Venezuelan currency devaluation policy, which warned action against any firm that involved in speculative price hikes. President Hugo Chavez on Sunday has ordered to begin the expropriation process… Continue reading