Caracas is a noisy city, but the clamour there on December 10 was out of the ordinary. The bustle of commerce was drowned out by the roar of jet fighters, a show of strength from a beleaguered president. The middle classes responded by banging pots and pans in protest at their leader’s policies. And the sound was heard as far away as New York, where Bear Stearns analyst Jose Cerritelli started becoming bullish on the grounds of the inevitability of what he calls “political changes”.
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