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- Madrid's rich could vote with their feet as wealth tax fuels electoral debate17 May 2023—yahoo.comBy Corina Pons MADRID (Reuters) -For serial entrepreneur Martin Varsavsky, the outcome of elections in Spain this year will determine whether he stays in Madrid. The Argentine-born founder of five "unicorns" - start-ups worth more than $1 billion - is one of 27,000 millionaires or billionaires living in Spain who were blindsided by a "solidarity" tax on the wealth of the rich introduced in the final days of 2022. The debate over whether the richest 1% should pay more to government coffers to...
- Exclusive: Venezuela removed 8 tons of central bank gold last week - legislator27 Feb 2019—reuters.comCARACAS (Reuters) - At least 8 tons of gold were removed from the Venezuelan central bank’s vaults last week, an opposition legislator and three government sources told Reuters, in the latest sign of President Nicolas Maduro’s desperation to raise hard currency amid tightening sanctions. FILE PHOTO: Venezuela's President Nicolas Maduro touches a gold bar as he speaks during a meeting with the ministers responsible for the economic sector at Miraflores Palace in Caracas, Venezuela March 22,...
- Exclusive: Venezuela plans to fly central bank gold reserves to UAE - source31 Jan 2019—reuters.comCARACAS (Reuters) - Venezuela will sell 15 tonnes of gold from central bank vaults to the United Arab Emirates in coming days in return for euros in cash, a senior official with knowledge of the plan said, as the crisis-stricken country seeks to stay solvent. FILE PHOTO: Venezuela's President Nicolas Maduro touches a gold bar as he speaks during a meeting with the ministers responsible for the economic sector at Miraflores Palace in Caracas, Venezuela March 22, 2018. REUTERS/Marco Bello/File...
- Venezuela says taking over Banesco for 90 days, arrests 11 top bank execs4 May 2018—reuters.comCARACAS (Reuters) - Venezuela said on Thursday it would take over the country’s leading private bank Banesco for 90 days and announced the arrest of 11 top executives for “attacks” against the country’s rapidly depreciating bolivar currency. The detentions come on the heels of last month’s shock arrests of two Venezuelan executives working in the country for U.S. oil major Chevron Corp (CVX.N). Oil-rich Venezuela is suffering hyperinflation and a steady collapse of the bolivar currency, which...
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