Alí Rodriguez Araque, general secretary of the Union of South American Nations (UNASUR) details the core values of the UNASUR trade bloc, noting the paradox between the extensive reserves of valuable natural resources and the 130 million living in poverty throughout represented nations. Last week UNSAUR sent a delegation to discuss recent conflict and possible resolution in petroleum-rich Venezuela- this statement provides a basis of understanding for UNSAUR's position on Venezuela and their rejection of possible U.S. sanctions.
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.