VIO News Blog

April 7, 2009

Venezuela Hails US Initiative to Free the World from Nuclear Weapons

On Tuesday, President Chavez praised President Obama’s initiative to see the future world free of nuclear weapons, adding that he was open to cooperation with the Obama administration, AP reports. Chavez added “in the framework of respect, anything is possible: closer ties, including a possible dialogue.”

While in Japan, Chavez signed an agreement with Japan that could bring over $33 billion of additional investment to Venezuela’s oil industry. On Tuesday, Venezuela and Japan created a $4 billion investment fund, that will be part of a larger agreement on investment.

Finally, a Reuters article on recent corruption charges against opposition leaders Manuel Rosales and Raul Baduel asserts that the charges are part of a recent crackdown on the opposition.  It should be noted that, in the case of Rosales, the courts have not yet decided on whether the charges have legal merit. Meanwhile, Raul Baduel was recently arrested after having failed seven times to appear in court after having been summoned to testify about the disappearance of over $14 million during his tenure as defense minister.

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