Friday, 9 January 2009

Times have changed in U.S.-Venezuela relations

[To get an idea of why the U.S. foreign policy establishment despises the Venezuelan government of Hugo Chavez, it helps to understand the geopolitical role that U.S. national security managers had in mind for Venezuela prior to Chavez's rise.]

Times have changed in U.S.-Venezuela relations

January 8, 2008, by Justin Delacour - Latin America News Review

To get an idea of why the U.S. foreign policy establishment despises the Venezuelan government of Hugo Chavez, it helps to understand the geopolitical role that U.S. national security managers had in mind for Venezuela prior to Chavez's rise.

In the lead-up to the first Gulf War of 1991, the elder President Bush praised the Venezuelan government of Carlos Andrés Pérez for deciding to increase its oil production in the face of an oil cutoff from Iraq and Kuwait.

On December 8, 1990, ABC's World News Tonight with Peter Jennings aired a telling quote from Melvin Conant, a leading analyst of the geopolitics of energy:

"We can change the geopolitics of oil by sending a signal to the Middle East that in the great oil reserves of Venezuela there are simply enormous sources of oil which could significantly reduce our own dependence upon the Middle East."

Of course, the rise of Chavez would throw a wrench in the plans of the U.S. foreign policy establishment.

(click here to view entire article)

Financing Venezuela’s Communal Councils

[The survival of the community councils depends on their ability to implement meaningful development projects and thereby inspire participation. The embedding of funding in law independent of hydrocarbons revenues is therefore made especially important given declining oil money, which make further ad hoc transfers less likely and shrink existing council income.]

Financing Venezuela’s Communal Councils

Wednesday, 7 January 2009

Obama May Use Chavez as Test for Talking With Foes

[Venezuela may provide a useful first test for Obama’s pledge to engage rather than isolate antagonists. While President Hugo Chavez is one of Washington’s noisiest critics, frayed relations would likely be easier to mend than those with nations such as Iran and Cuba, whose leaders are even more hostile toward the U.S.]

Obama May Use Chavez as Test for Talking With Foes

January 6th, 2009, by Indira A.R. Lakshmana - Bloomberg

In a mirrored office tower overlooking Caracas, a top Venezuelan official says his government is ready to accept Barack Obama’s offer to talk with U.S. adversaries -- if the president-elect scraps George W. Bush’s division of the world into friends and foes.

Such categories are “simplistic,” says Bernardo Alvarez, Venezuela’s former envoy to Washington. “Why do nations have to be friends? What we have to do is sit down and discuss issues.”

Venezuela may provide a useful first test for Obama’s pledge to engage rather than isolate antagonists. While President Hugo Chavez is one of Washington’s noisiest critics, frayed relations would likely be easier to mend than those with nations such as Iran and Cuba, whose leaders are even more hostile toward the U.S.

Still, “Obama needs to be cautious” given Chavez’s inconsistent record on democracy, says Elsa Cardozo, an international-relations scholar at the Metropolitan University of Caracas. The 54-year-old former lieutenant colonel has allowed open elections and an opposition press while consolidating power over the government and selectively persecuting political rivals.
“Expect an indirect and gradual approach” that might serve as a template for normalizing relations with other countries run by long-serving charismatic leaders who’ve consolidated power, she says.

Mutual Interest

Some Obama advisers privately suggest the president-elect might reach out to Chavez, proposing cooperation on a few issues of mutual interest -- drug enforcement, energy, poverty -- while asking Brazil and other neighbors to encourage the Venezuelan leader to negotiate in good faith in the interest of regional harmony.

(click here to view entire article)

Then and now, Venezuela and Cuba, 1960-2008

[ Watching Hugo Chavez orate on Venezuelan television rings old memory bells. “Socialism. Revolution, Patria.” Words I heard in 1960-61 in Cuba.]

Then and now, Venezuela and Cuba, 1960-2008

Tuesday, 6 January 2009

More Than 100 Latin America Experts Question Human Rights Watch's Venezuela Report

[ In an open letter to the Board of Directors of Human Rights Watch, over 100 experts on Latin America criticized the organization's recent report on Venezuela, A Decade Under Chávez: Political Intolerance and Lost Opportunities for Advancing Human Rights in Venezuela, saying that it "does not meet even the most minimal standards of scholarship, impartiality, accuracy, or credibility." The signers include leading academic specialists from universities in the United States, including Harvard, Johns Hopkins, and a number of state universities, and academic institutions in Argentina, Australia, Brazil, México, the U.K., Venezuela and other countries.]

More Than 100 Latin America Experts Question Human Rights Watch’s Venezuela Report

Hugo Chavez, the FARC Laptops, and the Non-Existent Emails

[While UK and US government officials, NGOs and media outlets rushed to comment on alleged emails showing extensive collaboration between the leadership of the FARC rebel group and representatives of the Venezuelan president, Hugo Chavez, they have shown a reluctance to comment on the the fact that according to the Colombian government-appointed investigator, Captain Ronald Coy, no emails ever existed.]

Hugo Chavez, the FARC Laptops, and the Non-Existent Emails



Monday, 5 January 2009

Oil Prices and Venezuela's Economy

[This paper looks at Venezuela’s export revenue, imports, and trade and current account balances under a range of oil price outcomes for the next two years. It finds that Venezuela would run large current account surpluses for prices between $60-90 per barrel, and would even run a small surplus with prices at $50 per barrel. (Most oil industry estimates for the next two years are in the range of $80-90 per barrel). The authors conclude that Venezuela is unlikely to run into foreign exchange constraints in the foreseeable future, and can pursue expansionary fiscal policies to counter any economic downturn.]

Oil Prices and Venezuela's Economy

November 2008, by Mark Weisbrot and Rebecca Ray - CEPR

(click here to view entire report; click here to view entire report in Spanish)