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Hilton on Margarita Island seized by Venezuelan government

The Hilton resort on the island of Margarita, located 40 miles off the coast of Venezuela, has been seized by the Venezuelan government on the orders of President Hugo Chavez.

Cruise ship seized for tax dodging

Customs has seized a luxury ship from its owner who imported the vessel two years ago but did not pay P19.8 million in taxes on it, an official said yesterday.