CARACAS, Wednesday November 26, 2008 | Update
Economy
Venezuela and Bolivia will review their foreign debts as
Ecuador did under the administration of President Rafael Correa,
said on Wednesday Venezuelan President Hugo Chávez.
Ecuador plans to file at a court the case on the "spurious"
debt by December 15th, as reported on Wednesday by Ricardo
Patiño, the Ecuadorian Minister of Politics and chair
of the commission that conducted the audit.
The senior official said in Caracas, in the context of the
Third Summit of the Bolivarian Alternative of the Peoples
of Our America (Alba), it is possible that Ecuador will not
pay the next payable coupon and will not call investors for
the purposes of renegotiation, Reuters reported.
For his part, Chávez has tried to bolster hemispheric
funding facilities and usually blasts multilateral lending
organizations.
"Why should we be parties to the International Monetary Fund?
We have money out there; by recovering it, we could reinforce
our funds," he said.
04:17 PM. Western Hemisphere. "Damned empire; I curse you one thousand times; some day you will be finished off and wrecked. I curse you one thousand times, empire." This is the least that President Hugo Chávez has uttered to refer to the US government. In urging the Bolivarian Armed Forces to prepare for war, he said that a US raid on Venezuela through Colombia would trigger and spread over the region "the 100-year war."