Home

Content about Venezuela

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.

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.”

February 12, 2010
Islam is Alive and Well in Chile

Chile is a country where Catholicism is the majority faith; it was the belief system of the Spanish and Portuguese invaders who at one time or another dominated the lands of the indigenous peoples of South America. It is recorded historically that In the 1800’s two Muslims from an unidentified part of the Ottoman Empire settled in Chile. By the turn of the century, the number of Muslims had risen to nearly 1500, living mainly in the northern part of Chile.

Chile is a country where Catholicism is the majority faith; it was the belief system of the Spanish and Portuguese invaders who at one time or another dominated the lands of the indigenous peoples of South America. It is recorded historically that In the 1800’s two Muslims from an unidentified part of the Ottoman Empire settled in Chile. By the turn of the century, the number of Muslims had risen to nearly 1500, living mainly in the northern part of Chile.

February 12, 2010
Scientists Announce Venezuela’s Oil Reserves ‘Enormous’

Could Venezuela surpass Saudi Arabia as the top oil-producer in the world? Geologists at the earth science think-tank, the U.S. Geological Survey (USGS), have made just such an assessment. Scientists there claim that the Orinoco belt region in Venezuela may have the potential to yeild 800 billion barrels of oil - approximately twice the amount the area was originally thought to hold. The Orinoco oil belt is located on the southernmost strip of Venezuela’s eastern Orinoco River basin.

Could Venezuela surpass Saudi Arabia as the top oil-producer in the world? Geologists at the earth science think-tank, the U.S. Geological Survey (USGS), have made just such an assessment. Scientists there claim that the Orinoco belt region in Venezuela may have the potential to yeild 800 billion barrels of oil - approximately twice the amount the area was originally thought to hold. The Orinoco oil belt is located on the southernmost strip of Venezuela’s eastern Orinoco River basin.

February 11, 2010
Venezuela Rations Water and Energy, Devalues Currency

The government of Venezuela announced the devaluation of its currency, the Venezuelan Bolivar, amid a broad range of decisive steps it has taken to rebound from the impacts of the year-long drought that has forced the enactment of water and energy rationing, and the persistent economic challenges of the global financial crisis. President Hugo Chavez explained the benefit for his country that he expects to derive from the devaluation.

The government of Venezuela announced the devaluation of its currency, the Venezuelan Bolivar, amid a broad range of decisive steps it has taken to rebound from the impacts of the year-long drought that has forced the enactment of water and energy rationing, and the persistent economic challenges of the global financial crisis. President Hugo Chavez explained the benefit for his country that he expects to derive from the devaluation.

February 11, 2010
Venezuela Rations Water and Energy, Devalues Currency

The government of Venezuela announced the devaluation of its currency, the Venezuelan Bolivar, amid a broad range of decisive steps it has taken to rebound from the impacts of the year-long drought that has forced the enactment of water and energy rationing, and the persistent economic challenges of the global financial crisis. President Hugo Chavez explained the benefit for his country that he expects to derive from the devaluation.

The government of Venezuela announced the devaluation of its currency, the Venezuelan Bolivar, amid a broad range of decisive steps it has taken to rebound from the impacts of the year-long drought that has forced the enactment of water and energy rationing, and the persistent economic challenges of the global financial crisis. President Hugo Chavez explained the benefit for his country that he expects to derive from the devaluation.

January 10, 2010
Latin America Initiates Own Currency Market

Venezuela, Cuba, Nicaragua, Honduras, Ecuador, Bolivia, Antigua and Barbuda, St. Vincent and the Grenadines, and Dominica- will be initiating the use of its own currency, the “sucre,” in a system independent of the current world monetary system. The virtual debt management system enables trade between the nine member nations.

The Bolivarian Alternative for the Americas (ALBA) trade group -member nations: Venezuela, Cuba, Nicaragua, Honduras, Ecuador, Bolivia, Antigua and Barbuda, St. Vincent and the Grenadines, and Dominica- will be initiating the use of its own currency, the “sucre,” in a system independent of the current world monetary system. The virtual debt management system enables trade between the nine member nations.

January 10, 2010
Latin America Initiates Own Currency Market

Venezuela, Cuba, Nicaragua, Honduras, Ecuador, Bolivia, Antigua and Barbuda, St. Vincent and the Grenadines, and Dominica- will be initiating the use of its own currency, the “sucre,” in a system independent of the current world monetary system. The virtual debt management system enables trade between the nine member nations.

The Bolivarian Alternative for the Americas (ALBA) trade group -member nations: Venezuela, Cuba, Nicaragua, Honduras, Ecuador, Bolivia, Antigua and Barbuda, St. Vincent and the Grenadines, and Dominica- will be initiating the use of its own currency, the “sucre,” in a system independent of the current world monetary system. The virtual debt management system enables trade between the nine member nations.

December 1, 2009
Venezuela Legislature Approves Law Banning Violent Toys, Video Games

The Venezuelan National Assembly, on Thursday, announced from it’s official website, that it gave final approval to a bill banning violent toys and video games. Those who violate the law could face fines and prison terms of three to five years, as well as the confiscation of merchandise.

The Venezuelan National Assembly, on Thursday, announced from it’s official website, that it gave final approval to a bill banning violent toys and video games. Those who violate the law could face fines and prison terms of three to five years, as well as the confiscation of merchandise.