Latin America
Related: About this forumVenezuela's Maduro heads to China to seek financial aid
Venezuelan President Nicolas Maduro begins a trip to China and OPEC member countries late Sunday in search of financial support as his country reels from falling oil prices and a tattered economy.
The South American oil giant confirmed Tuesday that it has entered recession, while annual inflation topped 63 percent, exacerbating the outlook for an economy already hit by global crashing oil prices and import shortages.
"It's a very important tour... to tackle new projects to address the circumstances affecting our country, including the depletion of revenues due to plummeting oil prices," Maduro said in a radio and television address from the Miraflores presidential palace.
Maduro said he would discuss economic, financial, energy, technological, educational and development projects with Chinese President Xi Jinping.
http://news.yahoo.com/venezuelas-maduro-heads-china-seek-financial-aid-224753936.html
delrem
(9,688 posts)in the South and Central Americas.
It's just too fucking bad that the USA has been so heavy into right-wing terrorism, right-wing coups overthrowing democracies, right-wing death squads massacring people of good will -- and can't seem to get off that right-wing merry-go-round. Can't even seem to conceive of the possibility.
Even on DU, the right-wing hate machine never ceases.
Marksman_91
(2,035 posts)It's not like they embrace democracy or anything
FrodosPet
(5,169 posts)Therefore China is by default good.
They are not acting for the gain of China. They are kind and benevolent and offering great deals and building up Latin American economic dependence without any political or profit motive.
delrem
(9,688 posts)Concocting a straw man.
The followup stating "China is not the United States
Therefore China is by default good."
is also putting words in my mouth, embellishing your straw man.
That's a cheap way to discuss issues.
Bacchus4.0
(6,837 posts)Perez in the 70s times were good. Oil crash and things go to hell. Not as bad as they are now under chavismo of course.