Word: orinoco
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Dates: during 1970-1979
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...endowed Venezuela at midyear trebled its national budget, to almost $10 billion, to take account of rising revenues. The Venezuelans are expanding their state-owned steel industry in the Orinoco backlands, paying to educate thousands of future leaders at U.S. universities and gaining great influence among Central American republics by promising them loans. Says Venezuela's President Carlos Andres Pérez: "This is our opportunity to create a new international economic order...
...production, shipping and sales because the country's incoming president, Carlos Andres Pérez, has vowed that the government will take over foreign concessions, including all plants and equipment, before agreements expire in 1983. CVP will soon get a lead role in developing huge reserves along the Orinoco River, though it will need technological help from the majors...
Venezuela is taking a second look at an oil belt along the north bank of the Orinoco River that has huge estimated recoverable reserves of 70 billion bbl. Until the recent jump in prices, getting at this petroleum was considered too expensive to be profitable; the oil is so thick that dilutants often have to be poured into the wells to increase its fluidity so that pumps can suck it out. Now, because of the oil-price bonanza, the Venezuelan government has the cash to buy the sophisticated technology needed to exploit the find. At the same time, the government...
...invitation was as irresistible as it was unexpected to the 18 nomadic Cuiba Indians who had been wandering the llanos, the vast prairies that stretch from the Andes to the Orinoco River. A group of Colombian cowboys rode up and invited the Indians to their ranch where two women cooks had prepared an alluring alfresco buffet of meat, rice, vegetables and fruit. Hardly had the Indians started eating when the cowboys' range boss, Luis Enrique Morín, gave a signal by rapping on the ranch house door. His men burst out, shooting with pistols, slashing with machetes...
...latter-day Spanish conquistador Antonio de Berrio, Trinidad was a staging point for futile Orinoco expeditions in search of El Dorado, the mythical city of gold. To Berrio's English rival, Sir Walter Raleigh, Trinidad was to be the beginning of a South American empire, where Indians and true-born Englishmen would unite to destroy the power of Spain. In his excessively romantic chronicle, The Discovery of the Large, Rich and Beautiful Empire of Guiana, Raleigh describes an Arcadia whose wealth and spaciousness would give new dimension to Renaissance European...