Venezuela bolsters Latin American integration

Official visits paid by the President of the Bolívarian Republic of Venezuela, Hugo Chávez, included Argentina, Bolivia, Nicaragua, Jamaica and Haiti. He primarily aimed at consolidating the union of Latin America and the Caribbean.

Latin America has moved on

The wane of U.S. influence in the region is not the result of simple disengagement. Anti-Americanism is the result of decades of U.S. political interventions and the failure of its free-market policies. More importantly, most Latin Americans would probably prefer U.S. neglect to its often tough love.

Political and economic changes in Latin America likely to continue

The political and economic changes taking place in the region are often seen as a cyclical or temporary phenomenon, a swing to the left, or to populist or ‘anti-American' governments, that will in time reverse itself. But, this conventional wisdom is wrong.

Bank of the South one step closer to its consolidation

A new stage for the Bank of the South consolidation starts. A meeting will be held with the ministers for finances of Argentine, Bolivia, Ecuador, Paraguay, Venezuela, and Brazil.

Interview: Rafael Ramírez, president of PDVSA and Minister of the MENPET

The recent signing of five cooperation agreements that will lead to an integrated business deal that will place up to one million barrels a day of Venezuelan oil in China has made China a priority issue.

Venezuela and China set agreements to boost strategic integration

Both nations agreed the Cooperation Agreement for the donation of t US$ 1,291,655 in order to finance projects agreed between both nations.

PDVSA bond oversubscribed threefold

Venezuelan state oil firm PDVSA's US$5bn bond issue has been oversubscribed threefold. Orders totalled 500,000 during the March 26-29 book building period.

Venezuela certifies oil reserves

Venezuela is certifying new oil fields in the Orinoco Strip so that the country can become the world leader according to its hydrocarbon reserves.

Venezuela offers deal-by-deal oil compensation

Venezuela is negotiating how international energy companies will be compensated for their stakes in four multi-billion dollar oil projects, Energy Minister Rafael Ramírez said.

Spanish Repsol and Japanese Teikoku Oil granted gas exploitation licenses in Venezuela

Spanish Repsol and Japanese Teikoku Oil were granted a license to exploit gas hydrocarbons in Venezuela for 20 years, said state oil holding Pdvsa.

Trinidad & Tobago and Venezuela unify oil gas reserves

The arrangement will allow the two neighbouring countries to jointly tap their vast undersea deposits.

Government's decision to not renew Rctv's license is not a political decision

Venezuela's Telecommunication Minister Jesse Chacón Escamillo said that the decision taken by the Venezuelan state to not renew Rctv's license is not a political decision but a natural fact because of the expiration of the broadcasting license for Rctv.

CNE approved requests for recalls referenda

The directorate of the National Electoral Council (CNE) approved the carrying out of 19 revoking recalls

High Health Technology Centres will be built

Venezuelan government will build 35 High Tech medical centers as part of the social health programme ‘Barrio Adentro'.

Venezuela declares war on drug-trafficking

Venezuelan Interior Minister Pedro Carreño said that three new punitive rules will be applied to companies involved in drug trafficking.

Venezuela and Italia ink cooperation accord to fight drug traffic

Italy's National Anti-mafia Public Prosecutor Pietro Grasso met with Venezuelan authorities at the headquarters of the National Anti-drug Bureau ONA.

Venezuelan economic growth could get steady at 7% in 2007

According to Minister of Planning, Jorge Giordani, the pace of Venezuelan economic growth would get steady at 6-7 percent annually.

Venezuela says public offer for CANTV shares to start April 9

The Venezuelan government plans to acquire control of telecommunications company CANTV next month when its shares will be sold in a public offering.

The Times: Simón Bolívar Youth Orchestra and Gustavo Dudamel

The Simón Bolívar Youth Orchestra of Venezuela is no ordinary band. Its mostly teenage players are the elite of an unrivalled nationwide music education programme that involves more than 250,000 children.