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Venezuela approves windfall oil tax (AP)

Started by riky, April 16, 2008, 05:05:22 AM

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riky

April 16, 2008, 05:05:22 AM
Venezuela approves windfall oil tax
    (AP)

 

AP - Venezuela moved Tuesday to take a greater cut of windfall oil profits, approving a 50 percent tax on foreign oil companies when crude tops US$70 a barrel.


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