VIO News Blog

November 3, 2008

VIO to Post: Enough with the Name-calling

A VIO letter to the editor published in the Washington Post today takes issue with an editorial that labeled Venezuela a “rogue” and misrepresented its economic situation in the face of the global crisis. Though booms and busts affect Venezuela, its robust credit and foreign currency reserves will allow the country to sustain social programs to benefit the poor even with lower oil prices. Venezuela seeks stable oil prices, but has weathered far more volatility than that seen in recent months. The letter also states that President Chavez is not “anti-U.S.,” but seeks dialogue with U.S. leaders in the wake of recent aggression.

This sentiment is echoed in news today about Chavez’s comment that an Obama victory in the U.S. elections could lead to improved U.S.-Venezuela relations. Chavez said “I am ready to sit down and talk … and I hope we can enter a new stage,” according to Reuters. The AP reports that Chavez said he looks forward to meeting Obama “on equal and respectful terms.” Sadly, an Obama spokesperson countered that the Venezuelan leader “does not govern democratically.” The country has seen a dozen electoral processes under Chavez, certified as free and fair by all international observers. Analysts praised the democratic comportment of the Chavez administration during December’s referendum on constitutional reforms in particular. The reforms were narrowly defeated, prompting Chavez to concede defeat and change tack.

Bloomberg reports that Chavez also commented: “A black man may become president of the U.S., and we can say that’s no small thing…. I send an overture to the black man, from us here, who are of Indigenous, black, Caribbean, South American race.” Similarly, Brazilian President Lula da Silva said the possibility of an Obama win brings “a little bit of happiness.” He said: “Just as Brazil elected a metal worker, Bolivia elected an Indian, Venezuela elected Chavez and Paraguay a bishop, I think that it would be an extraordinary thing if, in the largest economy in the world, a black were elected president of the United States.”

Jurors take a break this week in the Florida trial of Franklin Duran, in which the U.S. accuses  the Venezuelan man of acting as an unregistered foreign agent. Duran claims he was duped by the FBI. Last week, jurors could not agree on a verdict, but the judge ordered them to try again. “If he is found guilty, those that are anti-Chávez will be happy,” according to a Venezuelan journalist quoted by the New York Times.

Venezuela’s state oil company opens bidding next month on oil projects in the Orinoco River belt. The AP reports that this area has the capacity to produce 400,000 barrels of crude per day. Foreign oil companies are invited to bid on the projects. Finally, the Houston Chronicle reports that U.S. energy independence is something that is “easier said than done.” One expert called campaign promises to stop importing foreign oil “hogwash.” “It’s not doable, but it plays well with audiences,” said another.

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