First you raise Peru when even my 5 year old knows which country Chavez leads. Second you said "the IMF leant Venezuela money and this was the surety"
see in 2007
Chavez: Venezuela to pull out of IMF, World Bank
CARACAS, Venezuela (AP) — President Hugo Chavez announced Monday he would formally pull Venezuela out of the World Bank and the International Monetary Fund, a largely symbolic move because the nation has already paid off its debts to the lending institutions. "We will no longer have to go to Washington nor to the IMF nor to the World Bank, not to anyone," said the leftist leader, who has long railed against the Washington-based lending institutions.
Chavez said he wanted to formalize Venezuela's exit from the two bodies "tonight and ask them to return what they owe us."
Venezuela recently repaid its debts to the World Bank five years ahead of schedule, saving $8 million.
It paid off all its debts to the IMF shortly after Chavez first took office in 1999. The IMF closed its offices in Venezuela late last year.
Thirdly - you said - "in 1989 in his second term as president" in 1989 - the president of Venezuela in 1989 was Carlos Andres Perez.
Seems to me you could be the one pushing 10, if that. If you are capable of reading and comprehending the article you possible might have noted
"Chavez is looking to diversify Venezuela's cash reserves from U.S. and European banks to include investments in emerging markets including Brazil, China, India, Russia and South Africa"
well lets reflect on what you posted:
First you raise Peru when even my 5 year old knows which country Chavez leads. Second you said "the IMF leant Venezuela money and this was the surety"
see in 2007
"Chavez is looking to diversify Venezuela's cash reserves from U.S. and European banks to include investments in emerging markets including Brazil, China, India, Russia and South Africa"
On reflection - maybe not