Thursday, June 14, 2007

Eco friendly??

Burkina Faso, Spain and Venezuela, through the UN Food and Agricultural Organization (FAO), have signed three financial support agreements worth nearly 2.5 billion CFA francs (about 5 million U.S. dollars) for agricultural production development in Burkina Faso.

According to the agreements signed Wednesday, Venezuela's financial contribution totaling 1.185 billion CFA francs is aimed at financing small-scale irrigation projects within the framework of a high intensity agricultural project, through the use of controlled water in the country.

Spain's contribution amounting to more than 600 million CFA francs is earmarked for supporting an agricultural production program. (article)

The efforts should impact about 2100 families. This seems to be a very positive thing. At the same time, Venevuela has signed a deal to buy five Project 636 diesel submarines, and then four Project 637 Amur submarines at a later date. Pres. Chávez wants to use the submarines to thwart any possible future trade embargo by the US and to defend its oil-rich underwater shelf.

Why does Pres. Chávez fear a trade embargo by the US? What are they hiding?

(On another note, the US wont drill oil from the sea for environmental reasons, which is silly to me. If America had off shore oil drills we could stop our dependency on the middle east oil, and create new jobs at the same time.)

Venezuela - which has a defense pact with Cuba - is now the world's second largest purchaser of Russian military hardware. If the full submarine deal goes ahead, Venezuela will have the largest submarine fleet in Latin America.

It is interesting to me that the Russia gets seriously upset at the US for a missile shield in Europe, but Russia is off selling military arms to our close-by countries. That tells me that they have a hidden agenda.

Heres an interesting fact: Back in 2005, Spain sold £890m of ships and aircraft to Venezuela.

So here it is: Russia sells military arms to China, Iran, Syria, Venezuela. And since Venezuela can't get enough, they are also buying from Spain. ( I don't know why Spain is helping Venezuela, but I am sure it has to do with some oil agreement. Maybe Russia has something to do with it.) (article)

So where is Venezuela getting their money? Venezuela has received record revenue from a surge in oil, its biggest export, and hasn't sought a loan from the IMF (International Monetary Fund) since 1996. (article)

Russia, China, Iran, Syria, North Korea, Cuba, Venezuela, and possibly Spain??

3 comments:

Layneh June 15, 2007 2:35:00 PM EDT  

Also in recent news, China is also supplying insurgents in Iraq with small arms.

http://www.washingtontimes.com/national/inring.htm

Timm June 15, 2007 5:21:00 PM EDT  

I'm sure the surge in oil revenue has been even greater since they took control of all the oil drills from the oil companies that had built them on their land. Everything is so easy under a dictatorship.

Timm June 15, 2007 5:21:00 PM EDT  

Oh yeah, I'm diggin' the new look.