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Hugo Chavez Leaves Venezuela Rich in Oil, But Ailing

2013-03-06 19:04:00| Climate Ark Climate Change & Global Warming Newsfeed

National Geographic: Venezuela's oil wealth fueled Hugo Chavez's socialist programs at home and policies abroad, but the world's largest petroleum reserves were never enough to deliver prosperity in his 14-year rule. One of Chavez's final acts, ordered last month from his hospital bed, was to cut the price of the national currency by a thirdthe seventh devaluation of his presidencyin an attempt to narrow a staggering deficit with a hike in the cost of living for Venezuelans. He died yesterday at the age of 58, leaving...

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Hugo Chavez dies and the Twitter town square reacts

2013-03-06 01:48:56| CNET News.com

Chavez was a media-savvy politician with more than 4 million Twitter followers. He promoted access to the Internet, while at the same time suppressing a free press. [Read more]

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GERMANY: Hugo Boss posts 30% growth in Q4 income

2013-02-08 15:45:00| Daily apparel & textile news and comment - from just-style.com

German fashion brand Hugo Boss has seen fourth quarter profit jump 30% on rising sales and tight cost controls.

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