Word: venezuelaã
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...Chávez has also used Venezuela??s petroleum wealth to extend his influence in the region while the Bush administration focused elsewhere. In particular, he has invested in his ideological allies in the region, including Fidel Castro’s Cuba, Evo Morales’s Bolivia, and Rafael Correa’s Ecuador. But, for all his hatred of the United States, Chávez remains a dutiful producer of oil for American consumption, delivering over a million barrels a day to the evil superpower in the north. As a result, he has become an unfortunate...
...This year alone, the opposition in Venezuela estimates that there will be a $30 billion gap between planned state spending and income. As the referendum looms, he has refused to cut down on spending; instead, he has shamelessly plunged into Venezuela??s foreign currency reserves. According to some reports, he has already spent close to a third of the central bank’s assets. These unsustainable spending patterns would effectively doom the country’s future in the event of a crisis in confidence like the one that would follow a Chávez victory next...
...everything possible to persuade Beijing to take action about Darfur. Looking south, the U.S. must remember Latin America, which the Bush administration decided to forget well before 9/11. In those latitudes, the “missing neighbor” policy has only relinquished influence to populist leaders such as Venezuela??s Hugo Chávez, who have done more harm than good with their neo-socialist mirages. In the region, Obama should actively support democratic, liberal, and free-trading leaders, which will hopefully bring about democratic stability and decreased anti-Americanism...
...offer to recover the lost ground among Hispanics?” The candidates duly recited their talking points, and assured the moderators that they didn’t hate Hispanics. They broached some substantive topics—the Cuba embargo, Hugo Chavez’s socialist regime in Venezuela??but once again, why couldn’t they discuss these issues in a debate on foreign policy? Only Hispanics care about Chavez? Only blacks care about crime...
...democratic fabric, as well as the concentration of power in the persona and the position of the presidency. This first trend deserves to be celebrated. Through his government’s aggressive social programs (real per capita social spending increased by 30 percent% from 1998 to 2004) , Venezuela??s pernicious levels of inequality and poverty are being engaged, even if gradually. Perhaps more impressively, communal councils and workplace cooperatives (as of 2006, 100,000 cooperatives employing 700,000 workers) have sprung up in an ambitious attempt to return power to the people, and with the ultimate intention...