Venezuela agreed to pay Casino Guichard-Perrachon SA 690 million US dollars for an 81% stake in the Saint-Etienne, France-based company’s local supermarkets, said Elias Jaua, vice president of the Venezuela’s official news agency, AVN.
The Paraguayan Executive sent this week to congress a bill requesting the incorporation of Venezuela to Mercosur. Paraguay’s legislative confirmation is the last step to complete the long process, begun in 2006, for Venezuela to become a full member of the South American block currently made up of Argentina, Brazil, Uruguay and Paraguay.
Venezuelan president Hugo Chavez announced he would again run for office in 2012 underlining that “there’s no turning back” from the current “Bolivarian revolution” process which he has been leading for the last twelve years.
A top Venezuelan military commander said that the National Bolivarian Armed Force is committed to President Hugo Chavez and his Socialist project, therefore if in the coming elections the opposition wins “it will not be accepted because they would sell the country”.
Venezuelan President Hugo Chavez and Colombian counterpart Juan Manuel Santos agreed Tuesday to strengthen ties through energy projects as they sought to improve relations and leave behind recent bitter disputes.
President Hugo Chávez announced a deal for Russia to build a nuclear power station in Venezuela and establishing a bi-national bank.
Venezuela's President Hugo Chávez dismissed claims from Spain that two members of Basque separatist group ETA were trained in Venezuela as part of an international campaign to besmirch his government.
President Hugo Chavez Venezuelan United Socialist Party, PSUV finally obtained 98 seats in last Sunday’s legislative election while the opposition managed 65, according to the primary proclamations based on official data from the country’s different regions.
The leader of the Cuban Revolution, Fidel Castro described last Sunday’s legislative elections in Venezuela as a clear victory for the Bolivarian Revolution and its leader, Hugo Chavez.
Venezuelan President Hugo Chavez suffered a serious setback last Sunday when he lost his two-thirds majority in the National Assembly reflecting increasing disenchantment with the charismatic leader and his administration’s failures and pose a great challenge for his 2012 re-election aspirations.