Venezuela's President Hugo Chávez signed new energy agreements with Russia on Friday, shortly after obtaining a $1 billion loan to buy more Russian arms...
...Moscow recently sent two long-range bombers to visit Venezuela. Moscow also dispatched a nuclear cruiser, the Peter the Great, to take part in exercises with the Venezuelan navy...
...Russian Energy Minister Sergei Shmatko said the country's five leading oil and gas firms would form a consortium to invest billions of dollars in Venezuela's oil fields by next year...
...Earlier this month, Mr. Chávez expelled the U.S. ambassador to Caracas.
The article goes on to say that the relationship between Venezuela and Russia appears to be a marriage of convenience as Russia tries to keep Venezuela at a prudent distance.
But from IBD:
For Chavez, America's meltdown is a golden opportunity to strike at the U.S. by introducing Russian power into the hemisphere. Wasting no time, he barreled over to Russia in a hasty trip last week, saying bilateral cooperation on weapons sales would speed forward. He made no secret of exploiting U.S. difficulties. "We are facing a new geopolitical dynamic and for that reason we are moving faster," Chavez told a Miami-based press agency...
...Vladimir Putin said Thursday that Russia now makes relations with Latin America a top foreign policy priority. Moscow's loans and weaponry won't just go toVenezuela, but to Chavez's anti-American allies in the Caribbean, too. Last week, Russia promised to modernize Nicaragua's military...
I find this situation extremely disturbing. Our financial challenges are great,but meanwhile, the world around us is changing quickly. Will the next President be ready?
No comments:
Post a Comment