Read
- British Prime Minister seeks answers after soldier hacked to death
|
- Global shares sink on U.S. stimulus pullback, Chinese growth fears
- RPT-Ford to close Australia auto plants
- British soldier hacked to death in suspected Islamist attack
- China factory activity shrinks for first time in seven months: flash PMI
|
Reuters Photojournalism
Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption
Message of humility
A religious fraternity in Rio considers the election of Pope Francis, a confirmation of their beliefs in poverty and simplicity. Slideshow
Sponsored Links
Venezuela Chavez says "Comrade" Obama more left-wing
CARACAS |
CARACAS (Reuters) - Venezuela's President Hugo Chavez said on Tuesday that he and Cuban ally Fidel Castro risk being more conservative than U.S. President Barack Obama as Washington prepares to take control of General Motors Corp.
During one of Chavez's customary lectures on the "curse" of capitalism and the bonanzas of socialism, the Venezuelan leader made reference to GM's bankruptcy filing, which is expected to give the U.S. government a 60 percent stake in the 100-year-old former symbol of American might.
"Hey, Obama has just nationalized nothing more and nothing less than General Motors. Comrade Obama! Fidel, careful or we are going to end up to his right," Chavez joked on a live television broadcast.
During a decade in government, Chavez has nationalized most of Venezuela's key economic sectors, including multibillion dollar oil projects, often via joint ventures with the private sector that give the state a 60 percent controlling stake.
Obama has vowed to quickly sell off General Motors once the auto giant is back on its feet, but the government will initially control the company after a $30 billion injection of taxpayer funds.
Chavez, a vehement critic of the U.S. "empire," has toned down his rhetoric since Obama took office in January and the two men shook hands during a summit in Trinidad and Tobago in April.
(Reporting by Enrique Andres Pretel; Writing by Frank Jack Daniel, Editing by Jackie Frank)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints




Follow Reuters