Word: venezuelan
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Dates: during 1970-1979
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...months the army has been cracking down on clandestine flights from the U.S. that swoop in, load up and head north. The Colombians were particularly skeptical when Spradley admitted he could not remember the name of the airport he had taken off from, or his Venezuelan destination, or the company for which he was supposedly working. The missing McLemore, he said, had all the details. The army held Spradley in custody at the hospital...
...Salvador, one of the Western Hemisphere's most densely populated (531 people per sq. mi.) and most turbulent nations, no end of violence was in sight. Indeed, at week's end four B.P.R. sympathizers were slain by police and nine members of the group occupied the Venezuelan mission, taking Ambassador Santiago Ochoa and several aides as hostages. Said one of the captors: "We will stay here until the government releases all our imprisoned leaders...
...only the cost of heavy fuel oil, which accounts for much of the country's exports. Oilmen now expect that the broader crude oil increases will be formally posted later this month when existing three-month contracts are about to expire. For the U.S., which relies heavily on Venezuelan imports, the increases already announced could add from 3? to 6? to the cost of residual fuel oil used to generate electricity. Heating costs for factories, schools and other public buildings will rise...
When prices move high enough, the temptation grows for even oil companies to start speculating, sometimes by selling portions of their own oil through profiteering middlemen. Last week the Saudi oil minister, Sheik Ahmed Zaki Yamani, complained of just that tactic, and the sentiment was echoed in Caracas by Venezuelan officials. OPEC might be wise to stay silent because much of the oil that is churning through the spot market is coming not from the companies but directly from the producing states...
...Caracas, Venezuelan President Carlos Andres Perez said Monday the charge is "absolutely false...