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Content about Spanish-speaking countries

June 6, 2010
Venezuela’s Petrocaribe Programme is Critical to Many Caribbean Nations

Over the past three years, the 14 Caribbean countries that signed the Petrocaribe agreement have received between 120,000 and 140,000 barrels of oil per day from Venezuela on preferential terms. One BBC report noted that Petrocaribe assistance to Caribbean nations (other than Trinidad and Barbados) is vital as it has saved the region from experiencing an economic crisis.

Over the past three years, the 14 Caribbean countries that signed the Petrocaribe agreement have received between 120,000 and 140,000 barrels of oil per day from Venezuela on preferential terms. One BBC report noted that Petrocaribe assistance to Caribbean nations (other than Trinidad and Barbados) is vital as it has saved the region from experiencing an economic crisis.

February 21, 2010
Russia Displaces the US as Top Arms Supplier to Latin America

The International Institute for Strategic Studies (IISS), a British research institute focusing on international security, revealed that Russia in 2009 became the main exporter of weapons to Latin America thanks to the purchases made by Venezuela, but also to Brazil, Mexico, Peru and Colombia. However, two of the countries with the largest defence budgets, Colombia and Mexico, remain faithful to US military arms, while other countries have “diversified suppliers.”

The International Institute for Strategic Studies (IISS), a British research institute focusing on international security, revealed that Russia in 2009 became the main exporter of weapons to Latin America thanks to the purchases made by Venezuela, but also to Brazil, Mexico, Peru and Colombia. However, two of the countries with the largest defence budgets, Colombia and Mexico, remain faithful to US military arms, while other countries have “diversified suppliers.”