Wednesday, October 8, 2008

Chávez suggests IMF to dismantle the financial architecture

Venezuela's President Hugo Chávez reacted Wednesday to the latest developments concerning the US financial crisis and its impact on the rest of the world, blaming the International Monetary Fund (IMF) as one of the main culprits of the collapse.
"They want to wash their hands and say that they are the saviors," said Chavez. "They are accountable to the whole world. They should resign and dismantle immediately the international financial architecture," said the Venezuelan leader during the inauguration of the event "Responses from the South to the Economic Crisis" held at the Venezuelan School of Planning, with the participation of several Venezuelan and foreign economists and government officials."They must respond for this tragedy" affecting all the mankind, said Chavez, "and especially to the people of the United States, who will be the most affected by the crisis."

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