Chavez cuts budget over oil price

Newshound · 03-22-2009, 03:40 AM

Venezuela's Hugo Chavez announces cuts to his 2009 budget and other measures to offset falling oil revenues.

More...

alyscat · 03-22-2009, 04:25 AM

Well, that's one way TPTB can control both Argentina and the middle east.

Starve them over oil.
alys

Dantheman62 · 03-22-2009, 05:31 AM

CARACAS, Venezuela – Venezuela's federal government seized seaports and airstrips in at least four states on Saturday, a move critics say is meant to limit the powers of mayors and governors opposed to President Hugo Chavez.

The takeover, ordered by Venezuela's socialist president last weekend and approved by lawmakers, aims to bring the country's major transportation hubs under federal control this year.

Military troops were dispatched to ports in the three Venezuelan states governed by Chavez opponents: Zulia, Carabobo and Nueva Esparta. Chavez said the takeover of air and sea ports in the state of Anzoategui, which is governed by a Chavez ally, was also under way.

The socialist leader said his government will formulate a "strategic investment plan" to modernize the ports and to guarantee the jobs of thousands of workers in the facilities.

http://news.yahoo.com/s/ap/20090322/...enezuela_ports

03-22-2009, 03:40 AM	#1
Newshound News Bot Join Date: Jan 2009 Posts: 596	Chavez cuts budget over oil price Venezuela's Hugo Chavez announces cuts to his 2009 budget and other measures to offset falling oil revenues. More...

03-22-2009, 04:25 AM	#2
alyscat Avalon Senior Member Join Date: Sep 2008 Location: Washington state Posts: 743	Re: Chavez cuts budget over oil price Well, that's one way TPTB can control both Argentina and the middle east. Starve them over oil. alys

03-22-2009, 05:31 AM	#3
Dantheman62 Avalon Senior Member Join Date: Sep 2008 Location: So. Cal. U.S. Posts: 4,205	Re: Chavez cuts budget over oil price CARACAS, Venezuela – Venezuela's federal government seized seaports and airstrips in at least four states on Saturday, a move critics say is meant to limit the powers of mayors and governors opposed to President Hugo Chavez. The takeover, ordered by Venezuela's socialist president last weekend and approved by lawmakers, aims to bring the country's major transportation hubs under federal control this year. Military troops were dispatched to ports in the three Venezuelan states governed by Chavez opponents: Zulia, Carabobo and Nueva Esparta. Chavez said the takeover of air and sea ports in the state of Anzoategui, which is governed by a Chavez ally, was also under way. The socialist leader said his government will formulate a "strategic investment plan" to modernize the ports and to guarantee the jobs of thousands of workers in the facilities. http://news.yahoo.com/s/ap/20090322/...enezuela_ports

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