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Venezuela Pulling Out of IMF, World Bank
 CARACAS, Venezuela (AP) - President Hugo Chavez announced Monday he would formally pull Venezuela out of the World Bank and the International Monetary Fund, a largely symbolic move because the nation has already paid off its debts to the lending institutions."We will no longer have to go to Washington nor to the IMF nor to the World Bank, not to anyone," said the leftist leader, who has long railed against the Washington-based lending institutions. Chavez said he wanted to formalize Venezuela's exit from the two bodies "tonight and ask them to return what they owe us." Posted by: Steve White 2007-05-01 |
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