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Weekly Report - 10 November 2016 (WR-16-44)

VENEZUELA: Maduro attacks Hausmann, Citibank

President Nicolás Maduro has accused the distinguished Venezuelan economist and Harvard Professor Ricardo Hausmann of being the “principal promoter of the financial war against Venezuela” and “a thousand times a traitor”. Also in the Maduro government’s bad books is the US-based Citibank, which recently withdrew its services as correspondent bank to the Venezuelan government and central bank (BCV). Deputy Freddy Bernal of the ruling Partido Socialista Unido de Venezuela (PSUV) has held Citibank responsible for food scarcity in Venezuela, accusing it of having “shot Venezuelans in the stomach”.

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