Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.
Venezuela on Thursday devalued its bolivar currency by 10.7 percent to take advantage of high oil prices and generate more revenue from petroleum sales to bolster its finances for the year.
The adjustment of the fixed exchange rate to 2,150 bolivars to the dollar from 1,920 bolivars was foreseen in the 2005 government budget, but officials had been tight-lipped on when it would go into effect.
_________________ "The age of excess is over. The age of entropy has begun"
Venezuela on Thursday devalued its bolivar currency by 10.7 percent to take advantage of high oil prices and generate more revenue from petroleum sales to bolster its finances for the year.
The adjustment of the fixed exchange rate to 2,150 bolivars to the dollar from 1,920 bolivars was foreseen in the 2005 government budget, but officials had been tight-lipped on when it would go into effect.
It will be interesting to see exactly what the new mix of the FOREX will be. $ or Euro
India will sign a pact with Venezuela this week for cooperation in the energy sector, joining China in the hunt for petroleum assets in the world's No. 5 oil exporter.
India's state-run Oil and Natural Gas Corp. (ONGC) is already in talks for investments in exploration blocks and development of oilfields in the South American country, officials said.
_________________ "The age of excess is over. The age of entropy has begun"
Joined: Oct 04, 2004 Posts: 2500 Location: Ye Olde Englande
Posted: Thu Mar 03, 2005 1:07 pm Post subject:
ohh stop it.
I'll have to start ducking under doors or else my ego won't allow me to leave. _________________ "The age of excess is over. The age of entropy has begun"
Venezuela's president Hugo Chavez has said he hopes to strike a long term oil-supply deal with India.
He was speaking at the start of a four-day state visit, where he will sign energy and cooperation agreements.
Venezuela detects several US battleships near its coasts
Caracas says the presence of these vessels may be part of "unannounced routine manoeuvres"
While Venezuela's President Hugo Chavez attends to the inauguration ceremony of Uruguay"s leftist leader, Tabare Vazquez, in Montevideo, his Armed Forces are closely watching the unexpected presence of several US battleships near country's western coastline. On Monday, Venezuela's Navy commander, Armando Laguna, made the announcement during an interview on state TV but opted not to accuse Washington directly of any provocation.
Venezuelan President Warns US of Possible Oil Supply Cut
Venezuelan President Hugo Chavez warned today that his nation, the world’s fifth-largest oil exporter, would cut off oil supplies to the United States if the US tries to “hurt” his country, news reports said, the Sunday Business Post Online announced.
_________________ "The age of excess is over. The age of entropy has begun"
Joined: Mar 06, 2005 Posts: 86 Location: Cyberspace
Posted: Sun Mar 06, 2005 5:45 am Post subject: Venezuela and BRIC Alliance (Brazil-Russia-India-China)
Just thought somebody could spare a few minutes
to take a look at my new Venezuelaweb page
including interesting news related to Venezuela relations
with BRIC Alliance countries (Brazil-Russia-India-China).
Iranian President Mohammad Khatami will
start three-nation tour of Croatia, Bosnia and Herzegovina and
Venezuela beginning on Monday.
Khatami`s visit is to take place at the official invitation of
the presidents of the three countries, Press Bureau of the
Presidential Office announced Sunday.
Venezuelan President Hugo Chavez on Sunday urged the US to respect the sovereignty of every country, including his own.
Arriving in Bangalore from Kolkata, Chavez told reporters at the airport that the US administration should respect the sovereignty of the people in each and every country in the world.
_________________ "The age of excess is over. The age of entropy has begun"
The presidents of Iran and Venezuela, two major oil producers pushing to maintain high prices and at odds with U.S. global policies, meet this week for talks that could stoke tensions with Washington.
Iranian President Mohammad Khatami, whose country U.S. President George W. Bush calls part of an "axis of evil" and accuses of seeking to develop nuclear weapons, will make a three-day visit to Venezuela to begin on Thursday.
US ambassador to Caracas broke out the report on assasination attempt of President Hugo Chavez in a secret call to Venezuelan vice-president.
Venezuelan vice-president Jose Vicente Rangel said he had learnt about the plot after a secret call by Charles Shapiro, the US ambassador to Lima, IRIB quoted El Comercio daily as saying.
Venezuelan President Hugo Chávez arrived Monday in Qatar for an official visit as part of a tour to Asia and Europe beginning last week.
Chávez completed Monday in Bangalore a visit to India and proceeded to the capital city of Doha for the purposes of bolstering multipolar economy and foster investment in Venezuela.
_________________ "The age of excess is over. The age of entropy has begun"
That would be FOUR pages of replies so far on the Venezuela subject... I guess we are popular now!
It's too much for me to provide input to all the subjects being addressed here at this time, so all I have to say is: try to look at all the sides of the stories, and look at all stories from different perspectives, not only the peak oil perspective.... in the peak oil light, the Chavez administration seems to be the best thing that happened to Venezuela so far...
I could make a similar case with Saddam and Iraq...
Here are some info sources (a little biased, but hey, who isn't biased in Venezuela right now?)
Sorry for the condescendent tone of previous posts, but I'm really tiredd of reading all those "Viva Chavez", from people who mean well, but are looking at only one side of the story....
Greetings, and don't forget to continue with your preparations! _________________ Regards,
Arraitz
Venezuelan President Hugo Chavez said Tuesday that his government and the Venezuelan people support Bolivia's embattled President Carlos Mesa, hoping Mesa would complete his term of office.
Mesa submitted resignation to Senate leader Hormando Vaca Diez on Monday amid waves of protests against his policies.
Chavez told reporters in Doha, Qatar, that he had phoned Mesa to show solidarity, according to a Venezuelan official news agency.
Venezuela announced Tuesday that it will invest 40 billion US dollars over the coming five years to increase crude production to 5 million barrels a day.
Venezuelan Foreign Minister Ali Rodriguez said during his visitin Doha, Qatar's capital, that Venezuela will increase its crude production to meet the new demand in the United States and other countries.
Venezuelan Foreign Minister and former Opec Chairman, Ali Rodrigues yesterday told reporters that his country was seeking to attract Qatari investments and expand commercial bilateral relations in petrochemical sector.
"We are both members of the same organisation, Opec and we have strategic common interest in this area. Besides, Qatar has a very good experience in the field of offshore gas production and we need that experience", he said after attending a forum on investments in Venezuela.
_________________ "The age of excess is over. The age of entropy has begun"
I'm shocked that Dubya hasn't made an outright move to "liberate" Venezuala already (coup attempts not withstanding). They are sitting on a huge store of oil. Hugo Chavez has been vocally defiant toward Bush. They are alot closer to the US than Iraq, i.e. shorter shipping route. As far as I can see, it is just a matter of time. In the mean time, I'll keep buying my gas from Citgo (the Venzualan national oil company.) Viva Hugo Chavez!
he has suposidly with the cia, watch the documentary 'the revolution will not be televised.'
Let's see--deals with/visits to China, India, Qatar, Pakistan, Brazil. Member of OPEC. Not dead or overthrown yet, despite Dubya's best efforts. His people are behind him--because HE'S behind THEM (what a concept!).
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