Chavez's spending could boost Venezuela inflation

General Sources Thursday 5th January, 2012

In this photo taken on Friday Dec. 23, 2011, Yolanda Silva hangs clothes to dry outside her home made of corrugated zinc in Winche on the outskirts of Caracas, Venezuela. President Hugo Chavez's government is likely to spend heavily in 2012 to rev up the economy during his re-election bid, and that could worsen one of Venezuela's biggest problems: ...

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