Thursday, December 3, 2009

Daily Headlines: December 3, 2009

* Chile: Spanish Judge Baltasar Garzón ordered that the widow of ex-dictator Augusto Pinochet post a $77 million bond after being suspected of money laundering for her late husband.

* Venezuela: After having nationalized several private banks earlier this week Venezuelan president Hugo Chavez threatened more banks with state intervention.

* Mexico: Authorities discovered a tunnel below the U.S.-Mexico measuring nearly 1000 feet in length.

* Latin America: According to the World Bank, Latin America is in a better position than other regions to survive the effects of a possible Dubai debt default.

Image – CNN

Online Sources- Bloomberg, Reuters, MSNBC, New York Times, The Latin Americanist

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