somehow i see another coup attempt in venezuela now...

[Guest guest]

Venezuela Orders Shutdown of IBM, Others\

 

All Associated Press NewsCARACAS, Venezuela (AP) - Venezuela's tax

agency said Wednesday that it had imposed fines and ordered the

temporary closure of several foreign companies, including

International Business Machines, due to tax irregularities.

 

The Seniat agency ordered the 48-hour shutdown of U.S. computer

company IBM Corp.'s office in Caracas, as well as auto parts company

Bosch Rexroth Corp., for bookkeeping irregularities related to the

value added tax, the agency said in a statement.

 

Related newsEconomic Data Should Clarify Storm Matters Film Co.

Acquires Rights to Scrushy Story

Others such as Microsoft Corp., Honda Motor Co., Nokia, Ericsson,

Siemens and Colombina SA will face closures ranging from 24 to 48

hours, as well as fines, it said.

 

The reasons for punitive actions against the latter were unclear.

 

Company officials could not immediately be reached for comment.

 

Seniat officials have pursued an aggressive " zero evasion " campaign

that has helped the government of President Hugo Chavez reach new

tax collection records.

 

The president has said that all companies must pay their taxes,

particularly foreign ones that pay taxes in their home countries but

often skip what they owe in Venezuela.

 

Under Chavez, the Seniat has told foreign oil companies they owe

more than $3 billion in unpaid taxes going back several years. The

government has said oil companies won't be able to continue

operating in the country if they refuse to pay those claims.

http://news.moneycentral.msn.com/provider/providerarticle.asp?

Feed=AP & Date=20051006 & ID=51696

 

=================

 

October 06, 2005 12:42 AM ETChávez moves reserves out of US

Treasuries

 

All Financial Times NewsVenezuela has transferred about half of its

$30.4bn of foreign reserves out of US Treasuries and US banks into

banks in Europe, seemingly for political reasons.

 

The decision, which was disclosed in an off-the-cuff comment by

President Hugo Chávez last week, has fuelled confusion among

bondholders and analysts concerned about Venezuela's opaque public

finances.

 

 

 

 

 

RIGHT NOW

in this new world order,

RIGHT NOW

no one is free

RIGHT NOW

Corporations own this world

RIGHT NOW

we are victems of thier greed