The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.

Latin America market round up: Hugo Chávez watch

The US government has in recent weeks intensified its pressure on the international community to enforce sanctions against Iran in response to its continuing programme of uranium enrichment. It seems, however, that Venezuelan president Hugo Chávez will be among those world leaders who ignore the proposed boycott. "The only country that has developed atomic bombs and dropped them on entire peoples is the North American empire... they don’t have the morality to be giving anybody lessons," he said on his television programme Hello President.

Morality has been on Chávez’s mind recently: Venezuelans were dismayed to discover that he was imposing a 10-day alcohol ban over the Easter holiday. The understandably disappointed residents of Margarita Island were reported to have painted "no to the dry law" on the windscreens of their cars in protest.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree