Venezuelan Official Sees Economic Growth
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Venezuela's economy should grow between 14 and 16 percent this year, led by strength in the country's oil industry, one of the central bank's seven directors said Tuesday.
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The Venezuelan leader wants to export more oil to China
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At a recent business summit, Vice-Premier Zeng Peiyan predicted that China will sustain an annual economic growth rate of more than 7 per cent by 2020.
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Venezuela expects trade with Colombia to reach $2.5 billion this year, a 73 percent increase over 2003, Venezuela's ambassador to Colombia said Monday.
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CARACAS -- Fresh from victory and emboldened by a decisive mandate, Venezuelan President Hugo Chavez has the opportunity to extend an olive branch to a seething opposition and a suspicious US administration, but the rifts may have grown too deep to be mended.
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Caracas, 18 Nov. Venpres (Jaqueline Gil).- Venezuela's Foreign (MRE) Minister, Jesus Arnaldo Perez, has made it clear that he has not been removed or resigned from his post.
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Venezuelan President Hugo Chavez is a believer in big government, and it shows in a state work force that has nearly doubled in the eight years since he took office promising to do away with patronage.
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Flush with cash from high oil prices, Venezuela's president is pushing his leftist vision across the region.
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President Hugo Chavez assured private property owners their rights will be guaranteed in Venezuela under a pending constitutional reform, as long as proprietors and investors respect the law.
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CARACAS, Venezuela President Hugo ChÃÂ¡vez of Venezuela has long pledged to buck Washington-backed economic policies in Latin America. Now, two months after winning reelection and consolidating his hold on the country with new powers to rule by decree, he is strengthening economic ties in the region...
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Emerging economic expansion in Latin America fuels continued growth.
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Venezuela's President Hugo Chavez, emboldened by a recent referendum victory, on Sunday promised tougher land redistribution as he pressed ahead with the "revolutionary" reforms at the heart of the nation's political conflict.
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Venezuela's defense minister said Monday his country's military buildup isn't a threat to the region as he joined Defense Secretary Donald H. Rumsfeld and counterparts from across the Americas in discussing possible joint humanitarian missions.
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But critics say Venezuela's president is trying to distract from economic problems at home.
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Finance Minister Palaniappan Chidambaram said on Friday it was possible to raise average economic growth to 7-8 percent in the next 12 years and the country was set to become an economic superpower.
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Venezuela's president can improve ties by avoiding inflammatory remarks, the US State Department says.
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President Hugo Chavez' deputy welcomes a call by the American administration for improved ties with Venezuela.