GLW issue 761, published 2008-08-06.

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Venezuela: Major bank to be nationalised

Venezuelan President Hugo Chavez announced plans to nationalise one of the countries largest banks, the Bank of Venezuela, according to a July21 Xinhua.com report.

Bolivia: Popular offensive in lead-up to vote

With the August 10 recall referendum on Bolivian President Evo Morales and eight out of nine prefects (governors) approaching, the Movement Towards Socialism (MAS) government, together with the social movements, has launched an offensive against attempts by the right-wing opposition to prevent the electoral process going ahead.