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Companies team for technologies
CARACAS, Venezuela, Sept. 2 (UPI) -- The Venezuelan government is calling for all private banks to appoint two federal officials on each of their boards.
Several regional and international banks with branches in Venezuela would be affected by the government-mandated appointments, El Nacional newspaper reported Friday.
The move would ostensibly be an effort to ensure banks' lending policies were in tune with the ideals of left-wing Venezuelan President Hugo Chavez.
Washington has accused Chavez of trying to create a Cuba-style state out of Venezuela. Chavez has cultivated close ties with Cuban President Fidel Castro, though maintains his country is working to create a 21st century version of socialism.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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AVONDALE, La., May 23 (UPI) --
The seventh amphibious transport dock being built by Huntington Ingalls Industries for the U.S. Navy has completed builder sea trials.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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