Building a world of
resilient communities.

MAIN LIST

 

Chavez will visit China in October for talks on supplying crude oil to China

International Forecaster editor & publisher Bob Chapman writes in the Latin America section of this week's issue: Venezuelan President Hugo Chavez will visit China in October to talk about oil as China reaches out for more sources of supply to feed its booming economy.

 
President Hugo Chavez Frias with the Chinese Ambassador (center)

At the Iquazu Summit, Venezuela and Argentina signed an agreement to give birth to “Petrosur,” which will eventually include the national oil companies of Argentina, Bolivia, Brazil ... and Venezuela, Ecuador and Columbia will be invited as long as they are not privatized.

This would be a South American OPEC ... which could lead to more trade and have strong social and political implications.

  • Venezuela, Argentina and Brazil have made it quite clear that they will not sign the FTAA agreement due to come into force in 2005.
Plans are in the works to establish the International Humanitarian Fund to compete with the IMF. It will be a form of South American independence from control by the US and Europe.

A South American satellite TV station is planned as an alternative to the dominance of CNN.

Needless to say, the Bush administration will be trying to block progress in these areas whenever possible. Thus, we predict FTAA will not become reality in 2005. This will be a severe blow to the elitists and will set back their program for a new world order.

VHeadline.com Venezuela is a wholly independent e-publication promoting democracy in its fullest expression and the inalienable right of all Venezuelans to self-determination and the pursuit of sovereign independence without interference. We seek to shed light on nefarious practices and the corruption which for decades has strangled this South American nation's development and progress. Our declared editorial bias is most definitely pro-Constitutional, pro-Democracy and pro-VENEZUELA.
-- [email protected]

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Make connections via our GROUPS page.
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.


Update on US natural gas, coal, nuclear, renewables

On August 6, I wrote a post called Making Sense of the US Oil Story, in …

The Peak Oil Crisis: When?

 The key question is just how many more months or years will production …

Community energy in Ireland: the technological aspects

It is important to keep in mind that technologies aren’t neutral.

Peak Oil Review - Aug 25

 A weekly review including: Oil and the Global Economy, The Middle East …

Tar sands, trade rules and the gutting of human rights for corporate profit

A new report released today from IATP takes an in-depth look at how tar …

Energy Crunch: [redacted]

The government’s case for shale looked increasingly shaky last week as …

Could BC Become a 100% Renewable Energy Region?: Trucking, Ships and Planes

How can we switch BC’s freight transportation from diesel and gasoline …