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Stronger recession in oil-rich Venezuela.

handsonvenezuela.org — Of a total of 47 commercial and universal banks, 36 have seen their rate of arrears increase in the last 12 months. This figure will continue to increase through the year. This will strike in unison with a fall in the banks' profits, which will without doubt hang over the system in a negative way.

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  • dk4nno, on 03/27/2008, -0/+1you have put the finger in one of the wound
  • noolvidaremos, on 03/26/2008, -0/+1Hit the nail in the head

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