Tag: Venezuela

Venezuela business: At the bottom of the heap

FROM THE ECONOMIST INTELLIGENCE UNIT Venezuela is becoming an increasingly more challenging place to do business. Tough operating conditions include weak contract rights and government interventionism, shortages of foreign exchange and a growing bureaucratic burden—not least because of the introduction…

Putin Visits Chavez in Russian Bid to Grow in Obama’s Backyard

April 1 (Bloomberg) — Prime Minister Vladimir Putin will pay his first visit to Venezuelan President Hugo Chavez tomorrow as Russia seeks to regain lost influence in Latin America through energy and arms deals.

Rosneft seeks Venezuelan assets in Germany-sources

MOSCOW, April 1 (Reuters) – Russian oil major Rosneft (ROSN.MM) is seeking to buy stakes in four German refineries from Venezuela as part of a Kremlin drive to encourage its firms to own assets all over the world, industry sources…

Venezuela Receives 6 K-8s From China

CARACAS, Venezuela (AFP)- The Venezuelan Air Force has received the first six of an order for 18 K-8 Karakorum trainer, or light attack, planes from China, along with control systems to maintain the aircraft.

Venezuela: Risky oil partnerships

FROM THE ECONOMIST INTELLIGENCE UNIT Against a backdrop of the continued decline in Venezuela’s oil production and investment in the energy sector, the government is welcoming back foreign oil majors. However, the companies’ willingness to partner again with the government required…

Venezuela to OK first major oil deals under Chavez

* Venezuela to award blocks in vast Orinoco oil belt * Chevron, Repsol said to lead bidding * Biggest oil investment opportunity under Chavez * Comes less than three years after nationalization wave

Venezuelans Would Shun Pro-Chávez Candidates

(Angus Reid Global Monitor) – People in Venezuela are not keen on having a legislature controlled by politicians akin to current president Hugo Chávez, according to a poll by Hinterlaces. 51 per cent of respondents would like the National Assembly…

Police disperse anti-Chavez demonstration

Venezuelan police fired tear gas shells and plastic bullets and used water cannons to disperse hundreds of students staging a protest against the government of President Hugo Chavez on Thursday.

Hugo Chávez in combat mode

President Hugo Chávez faces rising discontent in the wake of the devaluation of January 8th and an ongoing electricity crisis. Even so, he has persisted on a radical policy course, nationalising more companies and shutting down a television station critical of…

The Consolidation of Bolivarian Authoritarianism and Terrorist Ties

By Douglas Farah CounterTerrorismBlog As Jackson Diehl writes in today’s Washington Post, Hugo Chávez’s version of the Bolivarian Revolution is in a deep crisis. He is enough of a crisis that his pulled force RCTV off the air for refusing to carrying his endless…