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Caribbean-Latin America
Maduro announces $6 bn in Russian investments in Venezuela
2018-12-07
[PULSE.NG] Venezuela's President Nicolas Maduro announced $6 billion in Russian oil and gold mining investments in his crisis-wracked South American country Thursday, after talks in Moscow with Kremlin officials.

The Venezuelan strongman is in Moscow to whip up support from allies to prop up an economy in freefall. On Wednesday, Russian President Vladimir Putin
...President-for-Life of Russia. He gets along well with other presidents for life. He is credited with bringing political stability and re-establishing something like the rule of law, which occasionally results in somebody dropping dead from poisoning by polonium or other interesting substance. Under Putin, a new group of business magnates controlling significant swathes of Russia's economy has emerged, all of whom have close personal ties to him. The old bunch, without close personal ties to Putin, are in jail or in exile or dead from poisoning by polonium or other interesting substances...
voiced support for the socialist leader after the pair held talks.

"It's been a very long, intense couple of days of work," Maduro said after meeting investors. "We have guarantees of an oil investment of over $5 billion," as well as "gold mining contracts worth over one billion dollars," Maduro told Venezuela's state television
... and if you can't believe state television who can you believe?
VTV.
Posted by:Fred

#3  "Panamá! Man, the Han's in Habana...
And the Copacabana mañana!"
"Do you Yanks plan to war
For a fancy cigar
Or canal, Anna? Have a banana!"
Posted by: Unusonter Protector of the Ostrogoths4509   2018-12-07 16:15  

#2  ZOMG, the Panama canal! Gosh, if we only had some incredibly strong navy that would help defend it! Oh wait, we do.

Look it's not 1941 any more. The canal is narrow and frankly out of date. It's not particularly important. Hell, China owns the terminal.

Let Russia throw good money after bad. Socialism is a black hole, it consumes everything thrown at it. I just don't get the pants-on-head hysteria.
Posted by: Herb McCoy   2018-12-07 04:23  

#1  Until now Maduro has refused international aid. Now he is opening the front door to Putin and Erdogan. Putin is arming Venezuela, which is right around the corner from the Panama Canal.
Posted by: Ebbavirt Clunk4147   2018-12-07 02:29  

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