Hugo gets himself a gold mine . . . or two
From the official Venezuelan government news agency, Chavez revokes every mining concession and shows concern for ecology
The President has confirmed to supporters who came to greet him on his return that he has decided to create a National Mining Company that will function via cooperatives and a national effort technologically and humanly to rationalize the exploitation of riches in Guayana.
(Guayana is a region south of the Orinoco river). Crystallex shares slashed as Chavez announces planned gold mine belongs to Venezuela.
Hugo’s on an acquisition binge,Venezuela Chavez Backs Government Takeover Of Food Co Assets, having recently seized the old Heinz factory
Foreign investors are fleeing. So are many Venezuelans.
Meanwhile, Hugo’s giving away fuel to the Nicaraguan sandinistas (link in Spanish).
Update Babalu has A tale of doctors in two countries