Chávez Blames IMF For Global Financial Crisis

Venezuelan President Hugo Chávez said on Wednesday that the global financial crisis whose epicenter is the United States marks the beginning of a process of "de-escalation" that "will put an end to the evil capitalist model, which has done so much harm to the world."

Chávez added that the world is faced with "a crucial time" as people are learning the magnitude and impact of the crisis. "The financial architecture that viewed the planet as a casino is cracking; what is needed is that the foundations of this harmful capitalist system fall down."

Read the full story in El Universal.

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