Word: venezuelan
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...million Gallons of heating oil Venezuelan President Hugo Chávez, a self-styled champion of the poor, has started selling at a steep discount to poor U.S. neighborhoods...
...drums, and the surrounding terrain looks moonscaped from the slash-and-burn deforestation. Chávez has begun to organize the miners into some 3,000 government-backed cooperatives, which would be given legal access to any gold-mine reserves the government might take away from idle concessionaires, foreign or Venezuelan. But many miners remain skeptical, especially since the cooperative funds are moving as slowly through Caracas as Crystallex's environmental permits. "We're always living with conflict and manipulation," says Humberto José Alonso, 37, an illegal miner for 18 years. "We hear promises from everyone...
Goodman isn't alone. Chávez is determined to curtail U.S. and foreign influence in Latin America. He has panicked already bug-eyed energy markets this year by raising taxes and royalties on Venezuelan oil piped by what he calls scofflaw foreign oil firms, including U.S. giants like ExxonMobil. He's insisting that they convert their drilling contracts into joint ventures that give the government a majority stake...
...Venezuelan mines create more heated debate than Las Cristinas. Rights to the mine were a Dickensian legal muddle for most of the 20th century until Chávez granted Crystallex the concession in 2002 for a bargain $15 million. But company executives cannot open Las Cristinas because, among other reasons, the Chávez government has not granted the necessary environmental permits, which, so far, have been mired in bureaucratic review. One problem may be the chronic concern, as government officials have said privately, that foreign companies like Crystallex rarely create as many jobs as promised. For now, Crystallex complains it must...
...Summit of the Americas wasn't a total loss. Yes, the group of 34 nations didn't agree on a trading pact, a vision of Bush's Free Trade Agreement of the America. But they did agree to keep working, and that was a defeat for Venezuelan President Hugo Chavez, who vowed to bury the FTAA at this meeting...