Following government allegations a fortnight ago that last year’s Amuay refinery disaster was caused by sabotage, authorities have now released a full report with details of the year-long investigation.
Venezuela's oil and mining minister and head of the country's state oil company, Rafael Ramirez, has stated the government will appeal a World Bank ruling against the 2007 expropriation of oil assets of ConocoPhillips.
Some days ago a meeting was held in Caracas to debate the relationships between movements and states, and how autonomy and popular power can build alternatives to development that is dependent on the extraction [of oil and minerals] model.
By Federico Fuentes – Green Left Weekly, Jul 8th 2013
With Venezuela’s inflation rate for May soaring to 6.1%, first quarter growth stagnating at 0.7%, and shortages afflicting a number of basic goods, speculation has been rife regarding the country’s economic future.
At the eighth summit of the Latin-American organization PetroCaribe held yesterday in Managua, Nicaragua, representatives from 21 countries agreed to further the creation of a special economic zone to foster the region’s development.
The international media totally misreads the Venezuelan people on President Hugo Chavèz (currently battling serious illness) argues Professor Miguel Angel Nuñez, an adviser to Chavèz on agro-ecology, in an interview with Green Left TV. The interviewers were Jim McIlroy and Coral Wynter, authors of Voices from Venezuela. Filmed and edited by Peter Boyle.
It is estimated that this year the program will help more than 100,000 families in 25 states plus the District of Columbia, including members of more than 240 Native American communities and more than 200 homeless shelters.
By CARLES MUNTANER, JOAN BENACH, MARIA PAEZ VICTOR - Counterpunch, Dec 20th 2012
One of the main factors for the popularity of the Chávez Government and its landslide victory in October 2012 is the reduction of poverty, made possible because the government took back control of the national petroleum company PDVSA, and has used the abundant oil revenues to build needed infrastructure and invest in the social services that Venezuelans so sorely needed.
By Yuleidys Hernandez Toledo – Ciudad CCS / CdO International , Dec 7th 2012
Building nearly a million homes, strengthening the national healthcare system, and creating productive sources of new employment are just a few of the things the national government could have done with the $20 billion dollars lost during the oil lockout launched by the Venezuelan opposition on December 2, 2002.