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Venezuela’s S&P Rating Drops Amidst Concerns Over Chavez’s Health and Country’s “Arbitrary” Laws

August 22, 2011 | by Bloomberg | Latino Daily News

Just days after Venezuelan President Hugo Chavez announced he wanted all the country’s money removed from U.S. markets and repatriate nearly $11 billion in gold currently in Swiss and English banks, Standard and Poor’s have lowered Venezuela’s credit rating. continue reading »