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2-10-2008 8:31 PM258 views
merrie says:
[Editor’s Note: Chavez refers to a series of court orders obtained by Exxon Mobil Corp. in Britain, the Netherlands, and the Dutch Antilles, freezing up to $12 billion in assets of Venezuelan state oil firm PDVSA. The injunctions were sought by Exxon in anticipation of an arbitration ruling by the International Centre for Settlement of Investment Disputes over a compensation claim. The rulings mean that Venezuela can’t sell certain assets or move some funds while the compensation case is reviewed. The Venezuelan government nationalized Exxon’s 41.7 percent stake in the Cerro Negro project last May, and offered the company compensation. But Exxon wasn’t satisfied and demanded arbitration].
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2-10-2008 8:39 PM
merrie
The President said that he has reliable information showing that Bush has ordered all necessary efforts to be taken so that before he leaves office, Chavez and his Bolivian Revolution are defeated. "Remember that I wagered a dollar that when it was us be ahead, and he wants to get us out before leaving," warned the head of state.

http://worldmeets.us/eluniversalvz000030.shtml
2-11-2008 4:25 AM
tabsey
Other companies negotiated agreements but Exxon is used to military support and doesn't want to cut the profit margin. Has Bush got it wrong about Bolivia? Chavez is from Venezuela. Maybe there is a reason for the reference to Bolivian Revolutionaries.
2-11-2008 4:41 AM
merrie
http://www.csmonitor.com/2008/0211/p04s01-woam.html

Legal challenge could raise price for nationalization moves by Ecuador, Russia, and Bolivia

Regional model

Venezuela has been viewed as a model for nationalization throughout the region for allies such as Ecuador and Bolivia. "Venezuela is the key in this area; the model for many of these countries," Mr. Tinker-Salas says.

Ecuador's President Rafael Correa came into office promising to increase state control of national resources.

And the popularity of Bolivian President Evo Morales soared after he took control over his country's oil and natural gas reserves in May 2006.

But Venezuela, Ecuador, and Bolivia have faced setbacks and in s...
2-11-2008 5:09 AM
merrie
@tabsey
"The President [Chavez] said that he has reliable information showing that Bush has ordered all necessary efforts to be taken so that before he leaves office, Chavez and his Bolivian Revolution are defeated" President Chavez quotation
Chavez is delusional and paranoid! He's made accusations suggesting that the CIA or somebody have orders to assassinate him[Chavez] It maybe that since his economy is going down the toilet, he thinks he can rally his people around him by stirring up animus against the US.
2-11-2008 6:50 PM
docdoober
Just don't let this schmuck sell any of his oil. Starve 'em. Nationalize 'dat!!
2-11-2008 7:12 PM
merrie
Just don't let this schmuck sell any of his oil. Starve 'em. Nationalize 'dat!!
His socialist policies are destroying the Venezuelan
economy, so now he's enabling the narcotrafficking from
Columbia. [I'm pretty sure it was him that was promoting
chewing cocoa leaves!]
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