In general, savings accounts will charge fewer fees, if any, than checking accounts, depending on your financial institution and the specific type of account you open. Many of the fees that are attached to checking accounts often donât accompany savings accounts because of the lack of regular-spending features.
Although Venezuela's government is ostensibly claimed to be a federal republic, it is very rapidly becoming a tyrannical dictatorship under President Hugo Chavez.
Supported by. Venezuelaâs economy is dominated by the oil industry, and it has the largest proven reserves of crude oil in the world. President Hugo Chavez, who was elected in 1998 on a populist platform, consolidated state control over the economy and nationalized its telephone and electricity companies.