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Argentina/Venezuela sign strategic cooperation agreement to boost energy

Wednesday, August 1st 2012 - 07:46 UTC
Full article 29 comments

After attending the Mercosur extraordinary meeting in Brasilia, President Cristina Fernández and her Venezuelan counterpart, Hugo Chávez, signed a cooperation agreement to develop a strategic energy plan between state oil companies YPF and PDVSA. Read full article

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  • TreborDoyle

    Venezuala is an 'alleged' member of Mercosur ... procedures for entry were not followed correctly if Paraguay did not vote for them!

    Aug 01st, 2012 - 10:03 am - Link - Report abuse 0
  • Captain Poppy

    Doing something legally is a barrier to these leaders. It's the “do as I say, not as I do” philosophy. A short term boost will not fix long term woos.

    Aug 01st, 2012 - 10:37 am - Link - Report abuse 0
  • Englander

    Is he helping her up or is he helping her down?

    Aug 01st, 2012 - 10:47 am - Link - Report abuse 0
  • Idlehands

    She does appear to have her eye off the ball in that picture - or maybe on it??

    Aug 01st, 2012 - 11:21 am - Link - Report abuse 0
  • Captain Poppy

    She has been a widow for sometime now......on the ball! But then I thought the oilman had their way with her when she went to the UN and had her “begging for investment” lunch.
    She's gross and looks like a whore!

    Aug 01st, 2012 - 12:03 pm - Link - Report abuse 0
  • Sir Rodderick Bodkin

    We shall welcome our new fuhrer overlord.

    Aug 01st, 2012 - 12:25 pm - Link - Report abuse 0
  • Conqueror

    Slut meets prick!

    Aug 01st, 2012 - 12:36 pm - Link - Report abuse 0
  • EnginnerAbroad

    Alternative story headline: CFK so desperate after failure to secure oil and gas investment from USA and China (following the failure of the YPF nationilisation) she sells Argentines oil and gas resources to Venezula.

    Congratulations CFK you are now a puppet president to to Chavez.

    Of course we are now seeing the real reason that Argentina were willing to disregard the rules of the Mercsour by incorporating a new nations without the approval of all permanent members.

    In addition why is Mercscour (a trade alliance) now going to raise itself to the worlds 5th largest economy behind US, China, Germany and Japan? Germany is part of the EU so therefore if the trade alliance of Mercsour is allowed to be represneted as a economy this list should read:
    USA ($15.09 trillion, EU ($12.63 trillion), China ($7.3 trillion), Japan ($5.87 trillion, then Mercsour ($2.42 trillion). Fair fair.

    Aug 01st, 2012 - 12:58 pm - Link - Report abuse 0
  • Guzz

    8
    You don't get the hint, do you? Europe IS Germany :)

    Aug 01st, 2012 - 01:29 pm - Link - Report abuse 0
  • Captain Poppy

    How can that guy get so fat with cancer??

    Aug 01st, 2012 - 01:42 pm - Link - Report abuse 0
  • Simon68

    9 Guzz (#)

    What a load of cod's wallop, there are 27 countries in the EU, Germany is one of them!!!!

    Aug 01st, 2012 - 01:45 pm - Link - Report abuse 0
  • Guzz

    Cheers Simon, missed that part, now it all makes sense...

    Aug 01st, 2012 - 01:54 pm - Link - Report abuse 0
  • yankeeboy

    PDVSA has been looted by Chavez, oil production is the lowest it has been in 25 years, all of their top engineers and scientists left for Canada/USA a long time ago and all of their equipment is falling apart. They are so loaded up in debt the can't do any new projects without farm outs.

    Chavez is so bloated from the drugs he looks terrible I wonder if he was all jumped up on amphetamines to get him through this ceremony?

    Aug 01st, 2012 - 02:10 pm - Link - Report abuse 0
  • GeoffWard2

    Why is Mercosur (a trade alliance) now going to raise itself to the worlds 5th largest economy behind US, China, Germany and Japan?

    This is like comparing fish with bicycles.

    Aug 01st, 2012 - 02:16 pm - Link - Report abuse 0
  • EnginnerAbroad

    @9

    Whilst I admit Germany has the largest GDP of the EU nations ($3.28 trillion) this only accounts for 25% of the EU's GDP ($12.63 trillion). That means the other 75% or the majority is comming from the other EU nations.

    Your argument is as stupid as saying Mercsour is Brazil given that its gdp ($2.088 trillion) accounts for 86% of Mercsors gdp.

    As a note these are based on the UN's figures from 2010 using the CIA world book or the IMF figures from 2011 the EU actualy has the worlds largest gdp suppasing the US by approxiamtly $2 trillion.

    My argument is that you cannot on the one hand use the collective gdp of a trade alliance and compare it to indvidual countries who are also in trade alliances. This is quite clearly an attempt to modify the truth for political gain.

    Aug 01st, 2012 - 02:36 pm - Link - Report abuse 0
  • Harry Stamper

    This is all going to end in tears.

    Short term boost and the reality wil set in, squabbling, back stabbing and then chaos will result. Brazil will end up bailing them all out.

    This is meant to be a joining of economies based on sound business sense, not a love in for a cabal of out do date socialist dictatorships.

    Aug 01st, 2012 - 03:29 pm - Link - Report abuse 0
  • Captain Poppy

    Not really. They will start off ok as you suggest, get into disagreements and VE will threanten everyone and they will all shut up. VE will benefit and they rest will all be on the losing end. However....they will insist to the world and their people that that are so much better off with VE in mercosur.
    And all the RG's at that point will be carrying 1,000 and 5,000 peso notes of Bitch Botox just to buy milk and they will STILL insist she is God sent to argentina.

    Aug 01st, 2012 - 05:15 pm - Link - Report abuse 0
  • ChrisR

    Chavez is using steroids to supercharge the immune system, which is why he is bloated. He will only be able to do this in cycles otherwise there can be very serious repurcussions to his health far in excess of what the cancer is doing to him.

    Once he has to stop the steroids and the supercharger is off, only then will we know for sure how long he has left.

    Unfortunately, I have seen this many times before, so far they have all ended in tears.

    This time I am looking forward to the result. Clip clop, clip clop, clip clop: the rider of the green horse cometh.

    Aug 01st, 2012 - 05:58 pm - Link - Report abuse 0
  • Captain Poppy

    I look forward to the day and I hope someone can get control of the country and bring it opportunity

    Aug 01st, 2012 - 06:08 pm - Link - Report abuse 0
  • SussieUS

    The Arizona Republic edition of 8/1/12 stated a massive power outage cripple India 6oo millons people are affected by 2nd day of blackouts brought more than 500 trains screeching to a halt and more than 200 miners trapped underground, traffic lights stopped working, banks atm machines also failed.
    India suffers a power deficit in peak periods from 8 to 12 percent and power cuts of 8 hours a day are common in many parts of the country, and 300 millons Indians, or QUARTER OF THE POPULATION HAVE NO ACCESS TO ELECTRICITY AT ALL.
    As you can see, my country Argentina is not so bad compare to India or many other countries with largest population such as the Philippines, Bangladesh, Thailand, Indonesia, etc.
    The picture shows her sweet expression together with a perfect gentleman. Both of them looks healthy and well dressed.

    Aug 01st, 2012 - 06:36 pm - Link - Report abuse 0
  • Captain Poppy

    Sussie you're an Argentine? How did you come up with the name SussieUS?

    Aug 01st, 2012 - 07:33 pm - Link - Report abuse 0
  • SussieUS

    @21
    Yes, I am an argentine citizen residing in Tempe, Arizona.
    Sussie is my nickname in the US. That is why.
    My real name is Susana Brown.

    Aug 01st, 2012 - 07:45 pm - Link - Report abuse 0
  • Captain Poppy

    I am from Mass in the USA. Where abouts in Argentina? I actually enjoy the country, I just happen to beleive that the prsident is taking it down. Do you support her? Most of my Argentina friends and extended family detest her.

    Aug 01st, 2012 - 08:03 pm - Link - Report abuse 0
  • jerry

    This entire thing is TALK - TALK - TALK. But nothing is ever done. It sounds like the famous oil and gas pipe line which was to run across land from Chavez-land to K-land. Anything ever happen?

    Aug 01st, 2012 - 08:58 pm - Link - Report abuse 0
  • British_Kirchnerist

    Good to see these two left leaders taking their countries forward so well. And what a lovely picture, Cristina is so radiant and beautiful!

    Aug 01st, 2012 - 09:46 pm - Link - Report abuse 0
  • Captain Poppy

    bk
    I see that when you are a leftist, standards of forward are set at absolute minimum

    Aug 01st, 2012 - 11:31 pm - Link - Report abuse 0
  • BAMF Paraguay

    CFK is most definitely is looking at Hugo's junk. Awesome picture mercopress!! I'll be emailing this around to my friends.

    Aug 02nd, 2012 - 02:06 am - Link - Report abuse 0
  • Pirat-Hunter

    #1 paraguay was suspended from maercosur and lost the opportunity to sabotage mercosur progress. I don't think Paraguay will be hable to challenge Venezuela integration since Venezuela has a lot more to offer our bloc then paraguay.
    #2 sound like you are talking about Europe's austerity.
    #3 I don't think this is help as much as it is unity and cohesion.
    #4 perverts never disappoint anyone.
    #5 lol have you seen the british queen. No body could ever even consider banging the biotch, I am inclined to believe that her kid was probably the first test tube baby.
    #6 what?? Has europe created another dictator and murderer?? Wow
    #7 europe and USA would know about pricks and sluts more then us, since it takes one to know one, I wouldn't know what one is like if I hadn't met conquered.
    #8 you can be sure Venezuela will be drilling for oil in Malvinas Argentina as well as Venezuela eating our food stuff, or did you forget we are part of the same bloc now.
    #9 I guess this is why some here call for the fuhrer. Most of them are sons of Europeans.
    #11 yes Germany is the leading member who's capital is dictating the policy in all of Europe.
    #13 lucky Chavez to have drugs right next door. Compared to USA who has to use billions of dollars in weapons and resources to secure the shipments.
    #14 I guess they are comparing the values of their economy combined rather then keeping them separate from the bloc. More money means more trades.
    #16 wow and you discovered that all by yourself?? Lol and what?? did you think latin America should benefit europe?? Why should we?? When Brazil is our brother and neighbor.
    #17 I don't think milk will ever cost that much in Argentina, but in UK and USA the cost of food is sky rocketing undoubtedly, maybe that why Europe there is soo much austerity.
    #18 saddly terrorism, war mongering, and death is all USA and UK can hope for against latin Americans. I wonder what did we do to this ungreatful bastards.
    #20 you tell them SussieUS

    Aug 03rd, 2012 - 05:52 pm - Link - Report abuse 0
  • British_Kirchnerist

    #28 Though I like your views on colonialism and the banks I must say your social attitudes, on gays, unions and other things, leave something to be desired, and aren't actually close to Cristina's own views. For example I must point out for gallantry's sake that since Queen Elizabeth's first son is now 63 (like Conqueror!) she was, and looked, rather younger when she got pregnant with him!

    Aug 04th, 2012 - 05:28 pm - Link - Report abuse 0

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