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| . | ![]() The history of the coup that failed: Venezuela 5/11 : Democracy Held Hostage Transparency International's wall of silence Posted: Sunday, June 15, 2008 by Calvin Tucker June 12th 2008 What would you call an organisation that when caught making false allegations, refuses to answer legitimate questions or hold an investigation? Answer: Transparency International! The facts are straightforward. Last April, TI published a report about the global oil industry which ranked oil companies according to whether they were of high, medium or low transparency. Venezuela 's state-owned oil company, PDVSA, was given the lowest possible ranking on the basis that it did not produce properly audited accounts and was withholding basic financial information about revenues, taxes and royalties. The Chavez government says that it spends the proceeds of its oil industry on providing a free health and education system, and on raising the living standards of the working class and poor. The opposition counters that Chavez is mismanaging PDVSA and cooking the books in order to cover up inefficiency and corruption. Unsurprisingly, TI's report was seized upon by the opposition as evidence in support of their claims. PDVSA was a "company of low transparency", and although TI did not directly suggest that PDVSA was corrupt, they do say that companies that withhold basic information from the public "leave the door open to corruption". But TI's report was wrong. Not just any old wrong. But completely, utterly, glaringly wrong. All the information that TI claimed PDVSA was refusing to disclose was freely available in their Report and Accounts and published on their website and in the press. Full Article : 21stcenturysocialism.com Venezuelan Economy Grows for 18th Consecutive Quarter Posted: Saturday, May 31, 2008 The Venezuelan economy has registered its eighteenth quarter of uninterrupted economic growth, Planning and Development Minister Haiman El Troudi announced Thursday. Central Bank figures show an overall increase of Gross Domestic Product by 4.8 percent for the first quarter of 2008, however this is down from 8.8 percent in the same quarter last year. Venezuela has enjoyed high economic growth for several years fuelled by skyrocketing oil prices and high public expenditures on social programs that benefit the country’s poor. However, Venezuela closed 2007 with 22.5% inflation, accompanied by a rapidly devaluation of the country’s currency, the bolivar, on the black-market. Anti-inflationary policies introduced by the government have cut into consumer demand, causing the economy to decelerate. Full Article : venezuelanalysis.com Venezuela's Only Contacts with FARC were for Humanitarian Exchange Says Minister Posted: Thursday, May 22, 2008 The Venezuelan Minister of the Interior and Justice, Ramón Rodríguez Chacín, told the press on Tuesday that President Hugo Chávez does not have any "direct relationship" with the Armed Revolutionary Forces of Colombia (FARC). Meanwhile, the government of the United States demanded clarification of Venezuela's relationship with the insurgent group, which Colombia claims Chávez has financed. The "only contacts" that Chávez had were at the request of the Colombian government for the sake of the peace process, the minister asserted, referring to the President Chávez's mediation of FARC hostage releases last year and early this year. Full Article : venezuelanalysis.com Venezuela's oil reserves swell to 130 bln barrels Posted: Thursday, May 8, 2008 Venezuela's proven crude oil reserves had swelled to 130 billion barrels as of late April, marking a rise of 30 billion from its prior estimate, energy and oil minister Rafael Ramirez said Thursday. Full Article : breitbart.com Chavez: US against Tehran-Caracas cooperation Posted: Wednesday, April 23, 2008 Venezuelan President Hugo Chavez on Wednesday said Iran-Venezuela bilateral cooperation would help develop Venezuela and the entire Latin American region. In a meeting with Iranian Minister of Industries and Mines, Ali-Akbar Mehrabian, he lauded Tehran-Caracas political, economic, trade and industrial cooperation. Terming the prospect of the two countries' cooperation as "very bright", he said, "Bilateral friendly relation has resulted in solidarity of the two Iranian and Venezuelan nations." Praising Iran's scientific and industrial capabilities, President Chavez called for "transfer of such valuable experiences to his country". Full Article : irna.ir Venezuela to seek end to asset freeze in Dutch court Posted: Tuesday, April 22, 2008 Venezuela expects to appear in a court in the Netherlands by the end of the month to demand an end to an asset freeze won by Exxon Mobil. Petroleos de Venezuela SA will tell the court that Exxon is abusing the bilateral investment protection treaty between the Netherlands and Venezuela, the South American country's energy and oil minister, Rafael Ramirez, said today in Rome. Full Article : chron.com Hillary: 'Ready to Lie From Day 1' About Venezuela Posted: Friday, February 29, 2008 It's hard to imagine that Hillary is so uninformed – and has such incompetent foreign policy advisers – that she doesn't know that President Hugo Chávez and his government have won multiple elections that were characterized as free and fair by international observers. But if she knows this, then she is lying. Full Article : commondreams.org Chávez wins release of hostages Posted: Thursday, February 28, 2008 Colombian guerrillas yesterday released four hostages who had been held in the jungle for more than six years, delivering a diplomatic coup to Venezuela's president, Hugo Chávez, who brokered the deal. Two Venezuelan helicopters scooped up the three men and a woman from a clearing in eastern Colombia and airlifted them to a reunion with relatives waiting in Caracas, the Venezuelan capital. The releases raised hopes that Marxist rebels of the Revolutionary Armed Forces of Colombia (Farc), would free more of the estimated 700 hostages languishing in primitive conditions. Full Article : guardian.co.uk Fact Sheet: Arbitration between ExxonMobil and Venezuela Posted: Tuesday, February 19, 2008 Fact Sheet: Arbitration between ExxonMobil and Venezuela by Embassy of Venezuela in the U.S. February 18, 2008 Despite Venezuela's proposal for an amicable solution and an ongoing international arbitration process, ExxonMobil has resorted to aggressive, unilateral and coercive measures to disqualify any proposed solution, something that could be described as "judiciary terrorism." Venezuela's intention has been to bring illegal oil projects from the rich Orinoco Oil Belt into its legal framework and thus stop the continued transferring of resources needed for social development from the People of Venezuela to the coffers of large foreign multinational companies. This has been accepted by all oil companies operating in Venezuela, except ExxonMobil. Full Article : trinicenter.com Who's Pulling the Strings? Behind Venezuela's "Student Rebellion" By George Ciccariello-Maher : June 09, 2007 What If NBC Cheered on a Military Coup Against Bush? By William Blum : June 08, 2007 Chavez Dismisses Disapproval of Venezuela's Media Policy By Gregory Wilpert : June 05, 2007 JFK Four: Connecting Propaganda Dots from Jamaat al-Muslimeen to Hugo Chávez? By Kurt Nimmo : June 02, 2007 RCTV and Freedom of Speech in Venezuela By Gregory Wilpert : June 02, 2007 Hugo Chavez versus RCTV By Bart Jones : May 30, 2007 Venezuela, RCTV, And Media Freedom: Just The Facts, Please By James Jordan : May 29, 2007 Venezuela's RCTV: Sine Die and Good Riddance By Stephen Lendman : May 28, 2007 Coup Co-Conspirators as Free-Speech Martyrs By FAIR : May 25, 2007 Television's role in the coup against Chávez By Leading Voices from Britain : May 26, 2007 Venezuela and RCTV: Is Free Speech Really at Stake? By Patrick Mcelwee : May 25, 2007 Venezuela's RCTV Acts of Sedition By Stephen Lendman : January 25, 2007 Gustavo Cisneros and Caribbean Communications Network Embassy of the Bolivarian Republic of Venezuela U.S. News Editorial Archive | Headlines Archive 72hrs that exposed the mainstream media Short-lived April 11-13 coup against Venezuela's President Hugo Chávez Three Days that Shook the Media A Narco News White Paper U.S. Crusade / World News / Homepage | . |