News Index
 
 

British Parliament debate supports President Chávez

On March 8, the British Parliament held a debate about UK policy towards Venezuela. Many British Members of Parliament, spoke in support of the government of Venezuelan President Hugo Chávez.

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UK: Labour Friends of Venezuela group launched

The Labour Friends of Venezuela group was launched at the House of Commons supporting the reformist policies implemented by Venezuelan President Hugo Chávez

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Chávez popularity on the rise

The newest polls in Venezuela show President Hugo Chávez's growing popularity with a view to December 3 elections.

 
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European Union: Venezuela has the most modern voting system in the world

According to the final report on last December's parliamentary elections, issued by a delegation of international observers of the European Union, the Venezuelan automated voting system implemented by the National Electoral Council (CNE) is probably the most modern in the world
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Chile's President Ricardo Lagos praises President Chávez

President Ricardo Lagos, had kind words for Venezuelan president Hugo Chávez at an economic forum
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Venezuela parliament approves creation of joint venture energy firms

The National Assembly of Venezuela approved a government initiation to turn 32 privately-run oil fields into joint ventures controlled by Venezuela's state oil company
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Ministry of Finance said investment on education increased 288% between 2001 and 2005

According to the final report by the Ministry of Finance, expenditure on education has increased 288% since 2001. It represented USD 2 billion then, and reached US Billion 5,7. in 2005
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Cooperation agreement signed with Vesty Group

The Ministry of Agriculture and Land (MAT) together with the National Land Institute (INTI) signed a cooperation agreement with the company Agroflora, subsidiary of the British Vestey Group.
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Oil and economic growth
Special for the Venezuelan Newsletter
By Luciano Wexell Severo

The data just released by the Banco Central de Venezuela (BCV) confirm that the Venezuelan economy grew at a cumulative 10.2 percent between the fourth quarter of 2004 and the fourth quarter of 2005.

 
 
 

Finance Minister plans debt restructure

The finance minister announced his plan to reduce the country's foreign debt as a percentage of GDP in order to help the country gain 'investment grade' status
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Venezuela has the largest oil reserves in the world

The American newspaper The Wall Street Journal said Venezuela has the largest hydrocarbons reserves in the world.

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As prices surge, oil giants turn sludge into gold

Thanks to rising global oil prices and improved technology, most oil-industry experts count oil sands as recoverable reserves. That recalculation has vaulted Venezuela and Canada to first and third in global reserves rankings
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Venezuela aims for major petrochemical expansion

Venezuela will sharply increase production of petrochemicals in the next several years to become a world leader in the industry, President Hugo Chávez said.
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PDVSA to invest US$123bn through 2012

Venezuela's state oil company PDVSA plans to invest US$123bn through 2012 to expand exploration, production and refining, company CFO Eudomario Carruyo told BNamericas
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Recent study shows Venezuela has the highest spirit for business

Can you imagine Venezuelans being the most enterprising people in the world? Well, yes. This is the case according to a poll taken in 35 countries and published by Federico Fernández, coordinator of the Entrepreneurship Centre of IESA (Institute of Higher Administration Studies ).
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CCTV will guarantee safety on the streets of Caracas

The most modern electronic security centre in Latin America will start operating in Caracas with 3.600 cameras in several key points around the city, as well as six zeppelins distributed over Caracas.

 
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