date:Aug 08, 2012
Cue sighs of relief in multinational boardrooms, although in South America a key growth regions for firms such as Coke one sometimes gets the weird sense that the Hugo Chavez effect is spreading.
Bottling giant Owens-Illinois (O-I) famously had to write down losses of $329m in Venezuela in January 2011, when the military seized two of its facilities under orders from Chavez.
Where one big business name has problems, others are likely to share them. Towards the end of July, Chavez urged Ven