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South America to launch rival bank to IMF, World Bank

Seven South American presidents are expected to formally launch Sunday the Bank of the South here, intended as a regional alternative to the International Monetary Fund (IMF) and the World Bank.11:01 AM on December 05


Prawucki Wednesday, December 05, 2007

Well... petroleum + own bank, than later own nuclear program... is this the new way to South America! And than at the last, but not the least - a social program based on pure Karl Marx theory, with the strong hand of Stalin.

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