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November 14th, 2007
Filed Under: Blogante Business, Business, Hispanic News, non-US news
Tagged: Chile, corruption, gangs, Hugo Chavez, latin america, Nicaragua, Spain, Venezuela
Filed Under: Blogante Business, Business, Hispanic News, non-US news
Tagged: Chile, corruption, gangs, Hugo Chavez, latin america, Nicaragua, Spain, Venezuela
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Last week’s Ibero-American Summit in Chile was supposed to be a good opportunity for private-sector leaders in Spain, Portugal and Latin America to influence policy-makers to boost investor-friendly policies.
Instead, the summit turned out to be only the latest platform for populist, anti-business rhetoric, with presidents like Hugo Chavez of Venezuela and Daniel Ortega of Nicaragua attacking Spanish companies.
Ortega compared Spanish electricity company Union Fenosa to the mafia and accused it of using “gangster methods” and corruption. He also criticized a previous government of Nicaragua which sold state electricity companies to Union Fenosa. “We wouldn’t have let them in,” he said, while the Spanish king and prime minister were looking on. “They bought, amidst corruption, the generating companies which were in good shape.”"*
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Knowledge is Power and this page is just the start. Hispanics/Latinos are a growing diverse force in this country. Check out some of the 54,866 items found on this site below or dig into the Site Map
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