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Chavez Spooks Investors

The Caracas stock market plunged 19 percent after Chavez said that he will nationalize all of the nation’s power companies, as well as the largest telecommunications firm in Venezuela.
Published On:	6/4/2008
Submitted On:	6/4/2008 7:15:58 PM by JasonK
Categories:	Business and Economy

User Comments

Submitted by JasonK 215 days ago
That's pretty bad if a President of a country makes a speech and causes its stock market to drop that much. You know what happens when stocks lose 19% of their value? The poorer people Chavez claims to want to help lose jobs.

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