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Venezuela to Aid Bolivia’s New President Morales

President Chavez welcomed the newly elected president of Bolivia, Evo Morales, to Venezuela, promising to provide support in a wide variety projects, such as a diesel fuel for food program, academic scholarships for Bolivians, and advice in the carrying out of a political program that bears much resemblance to Chavez's program.

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Chicago Turns Down Discounted Venezuelan Oil

The Chicago Transit Authority is refusing an opportunity to alleviate commuting costs for hundreds of thousands in the Windy City's low-income neighborhoods. Instead of accepting deeply discounted fuel from the Venezuela-owned Citgo Petroleum Corporation, the city is instead raising fares to solve budget shortfalls.

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Venezuela’s Economy Grew 9.4% in 2005

According to a Year-End report just released by Venezuela's Central Bank President Gaston Parra, the Venezuelan economy grew by 9.4% in 2005, the highest in Latin America. this is the ninth consecutive quarter in which the economy has grown.

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Telesur: US DEA Officer Participated in Anti-Venezuelan Meeting

Accoridng to a Telesur report, an officer of the U.S. Drug Enforcement Agency participated in a meeting with dissident former Venezuelan military officers and Colombian military, in which plans to destabilize Venezuela were discussed.

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General Secretary Says OAS had a “Problem” with Venezuela’s Opposition

José Miguel Insulza, the General Secretary of the Organization of American States, said that the OAS had a problem with the opposition's withdrawal from the Dec. 4 parliamentary elections, after it had assured it would participate once all its conditions were met.

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Three Convictions In Case of Venezuelan Prosecutor’s Murder

In two separate court decisions related to the murder of State Prosecutor Danilo Anderson, three convictions were made and three suspects were freed pending trial. The three convictions carried sentences of over 27 years.

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Venezuela to Buy Argentine Bonds, Backs IMF Payoff

Keeping with the Chávez administration’s goal of increasing regional economic integration, Argentina said Venezuela has agreed to buy $2.4 billion of Argentinean debt in the next few months, almost two and a half times as much as Venezuela bought last year.

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Chavez Welcomes Morales’ Victory in Bolivia

In a congratulations letter to Evo Morales, the newly elected President of Bolivia, Venezuela's Chavez said that Morales' election represented the beginning of a new era in Latin America.

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Venezuela’s State Oil Co Migrates Foreign Oil Companies to Joint Ventures

Oil minister and PDVSA President Rafael Ramirez signed agreements with the 19 out of 20 companies to turn operating agreements into joint ventures. Only ExxonMobil has so far failed to sign such an agreement and now faces the prosepct of losing control over the oil fields it operated.

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Colombian President Condemns Meeting of Venezuelan Coup Officers

Colombian President and the director of the country’s secret police launched into a public war of words over a Bogotá meeting between Venezuelan dissident military officers and Colombian intelligence.

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Venezuela Threatens to Forestall WTO Agreement

Venezuela objects to agricultural subsidies, in the WTO meeting in Hong Kong and joins with 10 other countries to demand that the global north increases market access.

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Oil Industry Shutdown Leader Sentenced to Almost 16 Years in Prison

Economic Saboteur, long-time fugitive, and former union federation president Carlos Ortega was convicted to 15 years and 11 months for his role in the 2002-03 oil industry shutdown that was to force President Chavez to resign.

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Venezuela's Chavez Announces a New National Science Program

President Chavez announced a new science program, a "mission," which would create a Venezuelan system of science, technology, and innvoation. The program will be funded with money from Venezuela's excess foreign currency reserves.

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Venezuelan Lawmakers Present Recordings They Say Involves US in Conspiracy

National Assembly Deputies Nicolas Maduro and Celia Flores and others presented another set of recordings that they said demonstrate U.S. involvement in a conspiracy to destabilize Venezuela during the recent parliamentary elections.

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Venezuela and Paraguay Agree to Oil Deal during Chavez’s Visit

Venezuelan President Chavez signed an oil deal with Paraguay, to provide beneficial financing terms for oil shipments to Paraguay, during his visit to that country, after the Mercosur summit in Uruguay.

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