The global financial machine has ground perilously close to a halt. This timely film explores what went wrong with economic globalization. How could the financial world have miscalculated so badly?
We chart financial liberalization in East Asia, privatization in Latin America, the reckless transition to capitalism in Russia, and China’s more cautious evolution to a market [...]

read more....

Venezuela will have Latin America’s largest armed forces in terms of firepower by 2013, if the country’s oil revenues remain high in coming years.
President Hugo Chavez has purchased and placed firm orders for close to $6 billion in Russian weapons since 2005, but he is also shopping for weapons in China, Belarus, Spain, France and [...]

read more....

Download English Version - Dictatorship to Democracy
In February, the Iranian government showed a fictionalized video on the dangers of foreign plots against the state. One of its stars: a mysterious American named Gene Sharp.
In June 2007, Venezuelan President Hugo Chavez publicly accused Mr. Sharp of stirring unrest in Venezuela. Last year in Vietnam, authorities arrested [...]

read more....

President Hugo Chavez said on Sunday that Russian President Dimitri Medvedev wants to send a Russian naval fleet to visit Venezuela.
“Russia has informed us they intend to visit Venezuela, that is, the intention that a Russian fleet should come to the Caribbean,” Chavez said on his weekly radio program.
Read More…

read more....

Some autocratic governments are challenging U.S. policies and silencing domestic dissent. But their increased spending raises the risk of inflation, which could erode popular support.
But some of the most obvious effects are in countries whose leaders are most hostile to the United States: Venezuela’s populist President Hugo Chavez, Iran’s stringent Islamic rulers and Russia’s growing [...]

read more....

By Daniel Pipes
“Here are two brother countries, united like a single fist,” said socialist Hugo Chávez during a visit to Tehran last November, celebrating his alliance with Islamist Mahmoud Ahmadinejad. Che Guevara’s son Camilo, who also visited Tehran last year, declared that his father would have “supported the country in its current struggle against the [...]

read more....

Venezuela’s proven oil reserves are among the top ten in the world. Oil generates about 80 percent of the country’s total export revenue, contributes about half of the central government’s income, and is responsible for about one-third of the country’s gross domestic product (GDP). Increases in world oil prices in recent years have allowed Venezuelan [...]

read more....

That man, Hugo Chávez, the president of Venezuela, began his love affair with the Bronx during a visit in 2005. Since then, he and his socialist government have funneled millions of dollars of aid to the South Bronx, home to New York’s poorest Congressional district, through Citgo Petroleum, the American subsidiary of Venezuela’s state-owned oil [...]

read more....

Venezuela fired live missiles from fighter jets and ships Friday during exercises intended to demonstrate the firepower of President Hugo Chavez’s military.
Smoke rose from ships off the La Orchila island military base as Otomat MK2 missiles arced into the sky and Russian-made Sukhoi fighter jets flew in formation.
The televised war games allowed the military to [...]

read more....

They called him “Angel.” He was the highest-ranking outside contact for the Colombian guerilla organization FARC. More and more details are now emerging that demonstrate the close relationship between Venezuelan President Hugo Chavez and the jungle terrorists. By Jens Glüsing more…

The FARC Computer: German Left Wing May Have Ties to Colombian Extremists
No Ideology, Just Money [...]

read more....

Chavez, 53, the country’s first dark-skinned leader, has used Venezuela’s immense oil wealth, says Jones, to improve life for millions of impoverished shantytown residents through health and education programmes such as no other leader ever attempted. For Washington, though, the “Bolivarian revolution” (named after Simon Bolivar, the leader of the independence struggle against Spain) is [...]

read more....

Evidence of Venezuela’s support for terrorism could carry Hugo Chávez to the pariah status he deserves.
THE CONFIRMATION by an international forensics team that laptops and hard drives captured by Colombia originated in a camp of FARC terrorists ought to open a new era in relations between the democratic world and Hugo Chávez’s Venezuelan government. Whether [...]

read more....

The United States and Colombia have long been wary of Venezuela’s peacetime military buildup, suspecting the weapons could end up in the hands of drug-trafficking Colombian rebels.
Now they have documented reasons for their worries — certified by Interpol.
Colombian rebel computer files described Thursday as authentic by the international police agency suggest a dramatic arms buildup [...]

read more....

Documents that Colombia says it recovered from a slain guerrilla leader give the clearest indication yet that Venezuelan President Hugo Chavez sought to arm and finance insurgents across the border.
The documents — more than a dozen internal rebel messages — detail several years of close cooperation between top officials in Venezuela’s government and military and [...]

read more....

Lands have been confiscated and artificial price and wage controls are imposed on everything. Food shortages suddenly spring up and not surprisingly people are hoarding. There is virtually no investment in infrastructure and deterioration is evident everywhere. What is not obvious to many Venezuelans is that current government actions will take decades to remedy, even [...]

read more....