20-year-old brunette wins Miss Venezuela, receives crown from Miss UniverseSeptember 25th, 2009 20-year-old brunette wins Miss VenezuelaCARACAS, Venezuela — Marelisa Gibson, a 20-year-old brunette, has been crowned Miss Venezuela and will represent the beauty-obsessed South American country at next year's Miss Universe pageant. The annual Miss Venezuela pageant is the one of Venezuela's most watched programs and a source of national pride.
Brazil's Lula defends South America arms buildup, including Venezuelan purchasesSeptember 18th, 2009 Brazil's Lula defends South America arms buildupBRASILIA, Brazil — Major military weapons purchases by Brazil and Venezuela won't spur an arms race in South America and are necessary to protect borders and natural resources, Brazilian President Luiz Inacio Lula da Silva said Friday. Silva also downplayed concerns raised this week from U.S.
Venezuela gets $36 bn in oil investment from Russia, ChinaSeptember 17th, 2009 CARACAS - Chinese and Russian companies have agreed to invest a combined $36 billion in oil projects in the Orinoco Belt, Venezuelan President Hugo Chavez has said. The president said state-owned Petroleos de Venezuela S.A.
New gas find another reason to boost defence: ChavezSeptember 15th, 2009 CARACAS - President Hugo Chavez said a recent huge natural gas find off Venezuela's Caribbean coast underscores the need to bolster the Andean nation's defences against US "imperialism". Spain's Repsol YPF said last Friday that the Perla I well, discovered in partnership with Italy's Eni, could contain between 7 trillion and 8 trillion cubic feet of gas.
Venezuela and Russia complete oil deal negotiationsSeptember 13th, 2009 CARACAS - Venezuela and Russia have completed negotiations for joint production from one of the fields in the oil-rich Orinoco Belt, Venezuelan state-owned oil giant PDVSA said. The Junin 6 Block will have an estimated "base production level of between 400 and 450,000 barrels of extra-heavy crude," PDVSA said.
Chavez says Venezuela will purchase tanks, citing threat from ColombiaAugust 5th, 2009 Chavez: Venezuela to buy more tanksCARACAS, Venezuela — President Hugo Chavez says his government plans to buy dozens of tanks because Venezuela feels threatened by pending deal to increase the U.S. military presence in Colombia.
Spanish oil company Repsol-YPF reports 2Q profits down 59 percent on lower pricesJuly 30th, 2009 Repsol-YPF reports 2Q profits down 59 percentMADRID — Spanish oil company Repsol-YPF said Thursday its net profits for the second quarter dropped by 59 percent because of lower oil prices and the global economic slowdown. Repsol-YPF reported earnings of euro373 million ($526.08 million), compared with euro905 million for the same period last year.
Venezuela takes control of Spanish-owned Banco de Venezuela, nation's third-largest bankJuly 4th, 2009 Venezuela assumes control of Spanish-owned bankCARACAS, Venezuela — President Hugo Chavez's government assumed control of Venezuela's third-largest bank on Friday — making the state the largest player in the nation's banking system. The purchase of the Spanish-owned Banco de Venezuela gives Chavez's socialist government control over more than one-fifth of bank deposits as he tightens his grip over the economy.
Chavez tells US general to look in mirror, saying US is threat to his region, not VenezuelaJune 28th, 2009 Chavez to US general: You're the threat, not usCARACAS, Venezuela — President Hugo Chavez says a U.S. general shouldn't be raising concerns that Venezuela is buying arms, and the American commander is wrong to argue there isn't a "conventional military threat in the region."
Chavez says the U.S.
US, Venezuela look to exchange ambassadors after diplomatic spatJune 24th, 2009 US, Venezuela look to exchange ambassadorsWASHINGTON — The United States and Venezuela are working to send ambassadors back to each other's capitals. State Department spokesman Ian Kelly told reporters Wednesday that it was unclear when the ambassadors would return or who it would be.
Coca-Cola pulls Coca-Cola Zero after Venezuela bans sale, alleges it has harmful ingredientsJune 12th, 2009 Coca-Cola pulls Coca-Cola Zero in VenezuelaCARACAS, Venezuela — Coca-Cola Corp. said Thursday it has temporarily stopped selling its Coca-Cola Zero brand in Venezuela after the country's health ministry banned it, claiming the no-calorie soft drink contains harmful ingredients.
Venezuela bans sale of Coca-Cola Zero, alleging soft drink contains harmful ingredientsJune 11th, 2009 Venezuela calls Coca-Cola Zero harmful, bans saleCARACAS, Venezuela — Venezuela's health ministry has banned the sale of Coca-Cola Zero, claiming the no-calorie soft drink contains harmful ingredients. Health Minister Jesus Mantilla says the ban is aimed at "preserving the health of Venezuelans," but he hasn't specified what ingredients are purportedly harmful.
Ternium SA to turn over majority stake in steel maker Sidor to Venezuela for $1.97 billionMay 8th, 2009 Venezuela to pay Ternium $1.97 billion for SidorCARACAS, Venezuela — Ternium SA has agreed to sell its 59.7 percent share in steel maker Sidor to Venezuela for $1.97 billion. The subsidiary of the Argentine-Italian conglomerate Techint has been locked in negotiations over a payment plan with Venezuelan authorities since last year.
Venezuela urges Peru to arrest opponent of President Hugo ChavezApril 24th, 2009 Venezuela: Peru should arrest Chavez foeCARACAS, Venezuela — Venezuela's government urged Peruvian authorities on Thursday to arrest a leading opponent of President Hugo Chavez who is seeking political asylum in Lima. Foreign Minister Nicolas Maduro's call for the arrest of Manuel Rosales came hours after Venezuela requested the opposition leader's arrest through Interpol.
Italy's largest energy company Eni says 1Q profit down 43 percent on lower oil prices, demandApril 24th, 2009 Italy's Eni says 1Q net profit down 43 percentMILAN — Italy's largest energy company, Eni SpA, says first quarter earnings dropped 43 percent due to the sharp reduction in oil prices and European demand for gas. Eni reported Friday that net profit in the first quarter of the year was euro1.9 billion ($2.48 billion) compared with euro3.32 billion a year ago.
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