Daily Archives: 12/01/2010

Broken America

Caracas Gringo visited the US twice in late 2009, the first time in September-October, and again since 23 November, traveling across the US Midwest, East Coast and Southeast, visiting old friends in eight states from the Rust Belt to the … Continue reading

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Dragons and Bears

China and Russia are President Hugo Chavez’s heavyweight friends. Chavez feels bigger, more dangerous, more global, with China and Russia in his corner. But the different geopolitical/strategic interests of China and Russia in Venezuela depend on Chavez staying in power. … Continue reading

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Pdvsa’s Chinese headache

Pdvsa and Petrochina signed a one-year agreement on 22 December 2009 that calls for Pdvsa to supply China with 500,000 b/d of crude oil and refined products in 2010 – roughly five times the amount as it currently does. Pdvsa … Continue reading

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Power Down

Only 12 days into 2010, the bad revolutionary news just keeps piling up. It’s shaping up as a potentially great year for those who would welcome a Black Swan that triggers the departure from power of President Hugo Chavez before … Continue reading

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