Thursday, March 20, 2008

Gotta Punish Them Somehow

Venezuela's state-run oil firm demands payment in euros
"CARACAS, Venezuela: Venezuela's state-run oil firm is starting to demand payment in euros — a measure aimed at protecting revenues from a weakening U.S. dollar, Venezuela's oil minister said Tuesday."

US blocks Venezuelan purchase of food
"Venezuela’s economy is essentially oil-based. It imports around 70 percent of its food products. The blocking of food supplies is just one of the methods being used by the US in its attempts to undermine the popularity of the government and destabilise the internal situation there."


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