Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

FrodosPet

(5,169 posts) Mon Jan 30, 2012, 04:42 AM Jan 2012

Venezuela's Hugo Chavez warns banks of nationalisation

http://www.bbc.co.uk/news/world-latin-america-16783993

Venezuelan President Hugo Chavez has warned that he could nationalise banks that refuse to finance agricultural projects backed by his government.

(snip)

Mr Chavez also said he would step up the expropriation of large estates to give land to small farmers.

(snip)

-------------------------------------------------

If only it happened here!