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Latin America

I thank my hon. Friend for that kind intervention. I am tempted to speak at great length about Venezuela and other places, but I will not, save to say that any country has the right to take into public ownership resources, industries and services. That is what a sovereign nation can do. This country has done that. We have just taken several banks into public ownership. Even Conservative Members, including the hon. Member for The Wrekin (Mark Pritchard), could not bring themselves to vote against bringing banks into public ownership—[Interruption.] I was there, and I observed what was going on.