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Freezing out the dollar - Chavez proposes oil barter system

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Donnachaidh
(@donnachaidh)
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CIENFUEGOS, Cuba (AP) -- Venezuelan President Hugo Chavez presided Friday at a regional petroleum summit in Cuba, pressing his efforts to counter U.S. influence in Latin America and the Caribbean by suggesting more of his neighbors could pay for cheap oil with goods or services in lieu of cash.

Providing fuel in return for locally produced goods or services has been an option for some time under Venezuela's current Petrocaribe pact, which supplies oil to the region through long-term, low interest financing. But it is unclear how many countries other than Cuba have taken up the offer.

http://www.cnn.com/2007/WORLD/americas/12/21/cuba.petroleum.summit.ap/index.html

He might be a mud but you gotta luv 'em. Always coming up with new ways to fuck with the ZOG.


The Western democracy of today is the forerunner of Marxism which without it would not be thinkable. It provides this world plague with the culture in which its germs can spread.

-Adolf Hitler (Mein Kampf)

 
Posted : 22/12/2007 9:01 am
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