Wednesday, November 5, 2014

Venezuelan socialists and media-owning London socialite make strange bedfellows


Robert Hanson's holding company last year acquired Venezuela's best-selling newspaper, Ultimas Noticias, despite its worsening financial results and stringent currency controls that have frequently left foreign companies unable to repatriate profits. Though they make for strange bedfellows, Hanson, 54, and the socialist government of President Nicolas Maduro appear to have harmonious dealings. Ultimas Noticias has named two ruling Socialist Party members to key posts, including former elections adviser Hector Davila who now serves as the company's president-editor. More…

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