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Chavez Pushes to Nationalize

Tuesday, 9 Jan 2007 | 5:20 AM ET

Hugo Chavez, Venezuela's president, plans to nationalize the country's telecoms and electricity companies as he is sworn in for his third term as president. CNBC's Michelle Caruso-Cabrera speaks to Mauro Toldo, Economist at Dekabank, for analysis of the situation.