Tag Venezuela

Venezuela vs. ExxonMobil. Round 2.

President Hugo Chavez on Sunday threatened to cut off oil sales to the United States if Exxon Mobil Corp. wins court judgments to seize billions of dollars in Venezuelan assets. John Robb says “might be an interesting test of the…

Venezuela OilCo assets frozen

Exxon has won a court decision which freezes $12bn in assets of the nationalized Venezuela Oil company in a dispute over Exxon’s investment of $750 million. Bonds of the oil company dropped in response, and now only fetch 66.75 cents…

Venuezuela, the Farc, and cocaine

The Guardian reports on collusion between Colombia’s Farc and the Venezuela military, saying Venezuela is being used as the primary shipping point of Columbian cocaine out of South America. Given the amounts of money involved, it would seem naive or…

Chávez tactical u-turn on socialism

Chavez is abandoning his socialist agenda “for now,” granting amnesty to right-wing coup plotters, replacing left-wingers in his cabinet, and signaling he wants to build alliances with the bourgeoisie. New Statesman opines the recent defeat of socialism at the Venezuela…

Chavez learns, be careful what you ask for

[On Saturday, Chavez] urged Venezuelans to see vote as a referendum on him.”It’s black and white — a vote against the reform is a vote against Chavez,” he said in a state television interview. Reading leftie listservs and blogs today…

CIA anti-Venezeula “pincers” memo bogus?

This from Larry Johnson, ex-CIA, terrorism expert, and political progressive (check his blogroll) As the official bubble burster let me state for the record, this is patent nonsense. State Department officers do not write memos to Hayden. Particularly mid-level Foreign…

Venezueula: The center may not hold

Red Squirrel details the enormous tension and conflict in Venezuela now, with the referendum vote on Saturday. Things are getting extremely polarized, with fighting in the streets, murder, and probable CIA intervention. Venezuelan counterintelligence just released a document they say…

Student critic of Chávez is Marxist

Venezuelan student leader Stalin González (his real name, his parents are leftists) opposes Chavez on Marxist terms. His been shot at, gotten death threats, and is central in student opposition to the upcoming referendum in Venezuela which, if it passes,…