Chavez interested in nuclear help from Russia

Venezuelan President Hugo Chavez on Sunday said he was interested in working with Russia to develop a civilian nuclear power program. His statement at a televised political rally in Caracas, Venezuela, followed a trip to Russia, where he met with Russian Prime Minister Vladimir Putin and President Dmitry Medvedev

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U.S. fears Venezuela could trigger regional arms race

The United States fears recent weapons purchases by Venezuela could fuel an arms race in South America, Secretary of State Hillary Clinton said Tuesday. “They outpace all other countries in South America and certainly raise the question as to whether there is going to be an arms race in the region,” Clinton said about Venezuela’s arms deals, after a meeting with Uruguayan President Tabare Vazquez

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Air China raises Cathay stake

Air China, the country’s flag carrier, has agreed to pay HK$6.3bn (US$813m) to increase its stake in Cathay Pacific, only three years after first securing a holding in the Hong Kong airline. Chavez’s government is “moving forcefully to silence critics,” said the unclassified U.S. analysis prepared by the Open Source Center, a government intelligence center

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Chavez criticizes Colombia over weapons claims

Venezuelan President Hugo Chavez on Wednesday blasted accusations that his government supplied Colombian guerrillas with shoulder-fired anti-tank weapons and accused the neighboring country of blackmail. The remarks follow a freezing of diplomatic relations between the countries over the weapons issue and over negotiations that could lead to American military bases in Colombia.

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