News Index
 

December 14, 2005
Hugo Chávez and Washington

. Hugo Chávez success paralises Washington

This analisis was written by Andy Robinson and published by La Vanguardia of Barcelona, Spain.
(read more)
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December 20, 2005
Council on Hemespheric Affairs: The State Department's Shannon

. More of the same boilerplate rhetoric vis-à-vis Latin America
. No constructive engagement when it comes to Bolivia's Evo Morales or Venezuela's Hugo Chávez

This analysis was prepared by the Council On Hemispheric Affairs' Director Larry Birns and Research Associate Julian Armington
(read more)

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December 6, 2005
Democracy under threat

. The people of Venezuela have gone to the polls 11 times in seven years

This analysis was written by Richard Gott and published by The Guardian
(read more)

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December 30, 2005
Venezuela unemployment dips to 8.9 pct at year-end

(Reuters) - "Venezuela's unemployment rate dipped to 8.9 percent in December from 10.9 percent a year earlier as the world's No. 5 oil exporter benefited from strong economic growth, the government said". (read more)

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December 14, 2005
Venezuelan economy will grow between 7 and 10% in 2005

(El Nacional) - "According to a forecast by the Director of the Venezuelan Central Bank, Domingo Maza Zavala, Venezuelan economy will close this year with growth rates of between 7% and 10% of the GDP. He said, 'Venezuelan economical growth in 2005 could be the highest one in Latin America, based on the forecasts by the Economical Commission for Latin America and the Caribbean (ECLAC) and the Inter American Development Bank'".
(read more)

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December 13, 2005
Venezuela approves 2006 budget with 5 pct growth

(Reuters) - "Venezuela's National Assembly on gave final approval to the government's 2006 budget proposal that estimates the country's oil-heavy economy should grow 5 percent next year". (read more)

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December 19, 2005
Venezuelans confident over economy

(Prensa Latina) - "Venezuelans are optimistic over prospects for their country's economic future, a survey by the Datanalisis enterprise reveals.

According to the poll, 60 percent of the 1,300 people interviewed is confident the general economic situation next year will be better, and only 15 percent said the opposite". (read more)

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December 29, 2005
Venezuela's Economy Grew 9.4% in 2005

(Venezuelanalysis.com) - "Preliminary figures indicate that Venezuela's economy grew by 9.4% in 2005, relative to the previous year, according to the end of year statement of Central Bank President Gaston Parra". (read more)

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December 27, 2005
Venezuela may repay World Bank, IADB debt in 2006

(Reuters) - "Venezuela may repay its debt in full to international institutions such as World Bank and Inter-American Development Bank next year, a senior legislator said". (read more)

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December 26, 2005
General Secretary Says OAS had a "Problem" with Venezuela's Opposition

(Venezuelanalysis.com) - "The OAS observer mission had a problem with the opposition parties that boycotted Venezuela's parliamentary elections three weeks ago, said OAS General Secretary José Miguel Insulza in an interview with the Chilean newspaper El Mercurio that was published yesterday". (read more)

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December 6, 2005
The opposition cannot victimise itself in the eyes of the world

(Panorama Digital) - "The opposition's decision to withdraw from the parliamentary elections 'will not help them to be seen as victims who deserve solidarity from the international community', said José Miguel Vivanco, Director of Human Rights Watch Latin America". (read more)

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December 17, 2005
Presidents of Brazil and Venezuela push to integrate infrastructure and economies

(AP Worldstream) - "The presidents of Venezuela and Brazil pressed forward with plans to built a shared oil refinery at this Atlantic port, vowing to bolster South America's neglected infrastructure." (read more)

 

December 21, 2005
Venezuela's Energy Ministry will tender 3 Deltana gas blocks in early 2006

(BNamericas.com) - "Venezuela's energy and oil ministry plans to tender exploration and production licenses for three natural gas rich offshore blocks in eastern Venezuela's Deltana platform in early 2006, energy and oil minister and state oil firm PDVSA president Rafael Ramírez told BNamericas. The three blocks are Punta Pescador, Guarapiche and Corocoro". (read more)

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December 21, 2005
PDVSA will increase oil output 100,000b/d in 2006

(BNamericas.com) - "Venezuela's state oil firm PDVSA will increase oil production by 100,000 barrels a day (b/d) in 2006 on 32 fields currently under operating agreements with private companies, company president and energy and oil minister Rafael Ramírez told BNamericas. 'We can do this immediately, 100,000b/d this year [2006]. That will be very important for us,' Ramírez said about the production increase". (read more)

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December 20, 2005
Citgo dividend to Venezuelan state oil company US$785 million in 2005

(AP Worldstream) - "U.S. refining company Citgo Petroleum Corp. has paid a total of US$785 million (A654 million) in dividends this year to its parent company, Venezuela's state oil firm". (read more)

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December 16, 2005
Pequiven and ExxonMobil to seek US$1.8bn financing for olefins joint venture

(BNamericas.com) - "Venezuela's state petrochemicals firm Pequiven and US oil major ExxonMobil plan to raise US$1.8bn in financial markets for a 50/50 U$3bn project to manufacture olefins, Pequiven director Raul Romay told BNamericas. Selling debt is the most likely option. 'The partners will put up 40%, we will seek to finance the remaining 60%,' Romay said".
(read more)
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December 16, 2005
Shell eyes Orinoco belt for develop a project to upgrade extra-heavy crude

(BNamericas.com) - "Anglo-Dutch oil major Shell is discussing with the Venezuelan government the possibility of developing a project to upgrade extra-heavy crude from the Orinoco oil belt, Shell Venezuela president Sean Rooney told BNamericas". (read more)
 
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