Venezuelan stocks tumbled to an eight- week low, led by banking shares, as investors reacted to government plans to cap banks’ profits and dividends.
The Caracas Stock Exchange Index fell 12 percent to 41,748.98, the lowest since Nov. 21. With today’s decline the index has fallen 33 percent since Jan. 8, when President Hugo Chavez announced plans to nationalize companies in the country’s telephone, power and oil industries.
Meanwhile in Kenya, the stockmarket is growing
Who exactly has a noise machine? (h/t Larwyn)
Globally warmed in Texas (h/t Maria). Right now it’s 19oF in Princeton – a little global warning would be good right now.
Weather Channel Climate Expert Calls for Decertifying Global Warming Skeptics
Feeding my 24 addiction
CAIR vs 24, again
Paul Sorvino did the right thing
If I Had a Little Less Self-Esteem, I’d Start Rioting Right Now
“I used to think that prizes were demeaning and divisive, until I got one, and now they seem sort of meaningful and real.”