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The Straight Story

(48,121 posts) Sun Jan 8, 2012, 03:51 PM Jan 2012

Venezuela will not recognize World Bank ruling in Exxon case

Venezuela will not recognize World Bank ruling in Exxon case

CARACAS | Sun Jan 8, 2012 2:18pm EST

(Reuters) - Venezuelan President Hugo Chavez said on Sunday that his country would not recognize a ruling by a World Bank tribunal in a multibillion-dollar arbitration case with Exxon Mobil Corp (XOM.N).

"I tell you: we will not recognize any decision," Chavez said during a televised speech.

http://www.reuters.com/article/2012/01/08/us-venezuela-exxonmobil-chavez-idUSTRE8070KY20120108

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Venezuela will not recognize World Bank ruling in Exxon case (Original Post) The Straight Story Jan 2012 OP

Oh, Hugo you old scamp. COLGATE4 Jan 2012 #1

COLGATE4

(14,732 posts)

1. Oh, Hugo you old scamp.

Reply to The Straight Story (Original post)

Sun Jan 8, 2012, 04:21 PM

Jan 2012

Isn't he cute? I don't wanna, I don't wanna, I don't wanna. Well, he certainly has a point. How unfair to require him to pay 10% of the value of properties nationalized by him. Shows why the Venezuelan economy is doing so well.

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