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Opinion, Politics, Economy, International News | 4 years ago
Bloomberg: Venezuela Turns to Privatization After Being Bankrupted by Socialism
Early in 2007, after winning a second six-year term as president, Hugo Chávez announced his plan to nationalize Venezuela’s largest telecommunications company, CANTV, hinting at wider nationalization plans to come. “All that was privatized, let it be nationalized,” announced Chávez,…