Wednesday, September 14, 2005

From Oil Diplomacy to Military Supremacy

Regional military build-up continues.

Venezuela confirmed plans to buy Spanish military equipment including two transport and two reconnaissance aircraft valued in 260m dollars.

“A Spanish-Venezuelan bilateral commission is holding talks for the purchase of four corvettes and four patrol boats for use on the high seas”, if we are to believe government controlled Radio Nacional.

Venezuela has made friends in the Caribbean by offering cheap oil. Enough to run 13 islands: 200,000 oil barrels per day. And they need it badly. Dominican Republic President Leonel Fernandez ordered public transportation vehicles to circulate only every third day. And Dominican Republic receieves 10% of those barrels.

Caribbean countries represent almost half of OAS votes.


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