Venezuelan President Hugo Chavez announces nationalization of local unit of Spanish bank Grupo Santander...
Venezuelan President Hugo Chavez announces the nationalization of the local unit of Spanish bank Grupo Santander in Caracas March 19, 2009. Venezuela will go ahead with the nationalization, Chavez said on Thursday, weeks after officials said the purchase was on hold. REUTERS/Miraflores Palace/Handout (VENEZUELA POLITICS BUSINESS)