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Iran and Venezuela plan anti-U.S. fund
By NATALIE OBIKO PEARSON, Associated Press Writer Sat Jan 13, 11:41 PM ET
CARACAS, Venezuela - Venezuela's Hugo Chavez and Iran's Mahmoud Ahmadinejad fiery anti-American leaders whose moves to extend their influence have alarmed Washington said Saturday they would help finance investment projects in other countries seeking to thwart U.S. domination.
The two countries had previously revealed plans for a joint $2 billion fund to finance investments in Venezuela and Iran, but the leaders said Saturday the money would also be used for projects in friendly countries throughout the developing world.
"It will permit us to underpin investments ... above all in those countries whose governments are making efforts to liberate themselves from the (U.S.) imperialist yoke," Chavez said.
"This fund, my brother," the Venezuelan president said, referring affectionately to Ahmadinejad, "will become a mechanism for liberation."
"Death to U.S. imperialism!" Chavez said.
Ahmadinejad, who is starting a tour of left-leaning countries in the region, called it a "very important" decision that would help promote "joint cooperation in third countries," especially in Latin America and Africa.
It was not clear if the leaders were referring to investment in infrastructure, social and energy projects — areas that the two countries have focused on until now — or other types of financing.
Iran and Venezuela are members of the Organization of Petroleum Exporting Countries, and Chavez said Saturday that they had agreed to back a further oil production cut in the cartel to stem a recent fall in crude prices.
"We know today there is too much crude in the market," Chavez said. "We have agreed to join our forces within OPEC ... to support a production cut and save the price of oil."
OPEC reduced output by 1.2 million barrels a day in November, then announced an additional cut of 500,000 barrels a day, due to begin on Feb. 1. Dow Jones Newswires reported Friday that OPEC is discussing holding an emergency meeting later this month to reduce output by another 500,000 barrels a day. Venezuela and Iran have been leading price hawks within OPEC.
Ahmadinejad's visit Saturday — his second to Venezuela in less than four months — comes as he seeks to break international isolation over his country's nuclear program and possibly line up new allies in Latin America. He is also expected to visit Nicaragua and Ecuador, which both recently elected leftist governments.
Chavez and Ahmadinejad have been increasingly united by their deep-seated antagonism toward the Bush administration. Chavez has become a leading defender of Iran's nuclear ambitions, accusing the Washington of using the issue as a pretext to attack Tehran.
Ahmadinejad, meanwhile, has called Chavez "the champion of the struggle against imperialism."
U.S. officials have accused Chavez — a close ally of Cuban leader
Fidel Castro — of authoritarian tendencies, and National Intelligence Director John Negroponte said recently in an annual review of global threats that Venezuela's democracy was at risk.
The U.S. also believes Iran is seeking to use its nuclear program to develop an atomic bomb. Tehran says its program is peaceful and geared toward the production of energy.
The increasingly close relationship between Chavez and Ahmadinejad has alarmed some Chavez critics, who accuse him of pursuing an alliance that does not serve Venezuela's interests and jeopardizes its ties with the United States, the country's top oil buyer. Venezuela is among the top five suppliers of crude to the U.S. market.
In a speech earlier Saturday, Chavez called for the U.S. government to accept "the new realities of Latin America," as he brushed aside restrictions that limit presidents to two consecutive terms. He vowed to stay in office beyond 2013, when his term expires, saying he would revise the constitution to get rid of presidential term limits.
But Chavez also said in his state of the nation address to government officials and legislators that he had personally expressed hope to a high-ranking U.S. official for better relations between their two countries.
Chavez said he spoke with Thomas Shannon, head of the U.S. State Department's Western Hemisphere affairs bureau, on the sidelines of Nicaraguan President Daniel Ortega's inauguration earlier this week.
"We shook hands and I told him: 'I hope that everything improves,'" Chavez said. "I'm not anyone's enemy."
Chavez prompted a crash in Venezuelan share prices this past week when he announced he would seek special powers from the legislature to push through "revolutionary" reforms, including a string of nationalizations and unspecified changes to business laws and the commerce code.
He also announced plans for the state to take control of the country's largest telecommunications company, its electricity and natural gas sectors and four heavy crude upgrading projects now controlled by some of the world's top oil companies.
He said Saturday, however, that private companies would be allowed to own minority stakes in the lucrative Orinoco River basin oil projects.
The government has already taken majority ownership of all other oil-producing operations in the country through joint ventures controlled by the state oil company. Most companies have shown a willingness to continue investing despite the tightening terms, which have also included tax and royalty increases.

2007-01-13 20:00:15 · 7 answers · asked by chole_24 5 in Politics & Government Other - Politics & Government

7 answers

A mini Hitler and his pet Mussolini.

No worries.

.

2007-01-13 20:09:58 · answer #1 · answered by Anonymous · 1 3

less than the liberty of suggestions Act, as electorate of the U. S. of us of a an ordeal is public suggestions. Write the close by courts and say this: less than the liberty of suggestions Act, i might want to like suggestions on the criminal Trial of _______, whoever the defendant changed into/is. i might want to favor to entice close if this human being changed into got here upon in charge or danger free to that end. If there are cost's linked with this request please propose me and that i will ahead a examine. surely, ____________ also maximum courts now are on-line and also you may look up the guidelines on-line once you've the defendants call. so that you would possibly want to flow to the web website for the courtroom on your section and kind contained in the defendants call contained in the section there and it may raise the guidelines.

2016-12-02 06:07:29 · answer #2 · answered by ? 4 · 0 0

So, when the US tries to form its axis to invade Iraq to steal oil, that was OK with you.

But when other nations attempt to defend themselves from US aggression, you consider that dangerous.

Small wonder that yanks can't figure out their country is the largest terrorist state in the world.


.

2007-01-13 20:25:36 · answer #3 · answered by Anonymous · 2 1

I'd just like to know HOW you got to enter more than 1000 characters in your question. Sort of seems like you are an insider soliciting information on just how STUPID the general public is.

2007-01-13 20:20:05 · answer #4 · answered by Anonymous · 0 2

The AP is part of the Liberal main stream media. Don't believe anything they say.

Bet you cons were worried for a minute. Glad I could clear things up.

2007-01-13 20:08:56 · answer #5 · answered by bettysdad 5 · 2 2

Looks like we might have to invade Venezuela next. Maybe we could just nuke Iraq and Syria and Iran first.

2007-01-13 20:09:45 · answer #6 · answered by metoo 7 · 2 3

Probably not much, but we should take advantage of this opportunity & take out both of them.

2007-01-13 20:13:01 · answer #7 · answered by yupchagee 7 · 1 2

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