Alia2

Economics

210 articles

Sub-Saharan economies are growing faster but are they really getting stronger?

Caracas (Venezuela) | 11 July 2006

In two articles, we weigh the evidence
LUANDA is changing fast. A few years after the end of a devastating civil war, cranes are crowding the skyline of Angola’s capital. Derelict buildings are being spruced up, smart new houses and office blocks are sprouting. Roads are being patched up, (…)

CECOSESOLA: Four Decades of Independent Struggle for a Venezuelan Cooperative

by Michael Fox

Caracas (Venezuela) | 11 July 2006

If you happen to one day find yourself in Venezuela, in the agricultural state of Lara, in the capital city of Barquisimeto, and you happen to ask a local where he or she gets their fruits and vegetables.

Take the IMF off life support

by Soren Ambrose, Walden Bello

Caracas (Venezuela) | 11 July 2006

As economists and politicians debate what to do about the latest challenges facing the International Monetary Fund (IMF), civil society groups have a straightforward answer: take the IMF off life support.

International Energy Agency Increases Venezuela’s Oil Production Estimates, Maybe

by Gregory Wilpert , Michael Fox

Caracas (Venezuela) | 20 May 2006

Last week, the Venezuelan Minister of Petroleum and Energy, Rafael Ramirez, declared that the International Energy Agency (IEA) has recognized that Venezuela is extracting over 3.0 million barrels of oil per day.

Venezuela Proposes Discounted Heating Oil to Low-Income Europeans

Caracas (Venezuela) | 20 May 2006

Venezuelan President Hugo Chávez proposed providing a low cost heating oil program to low income Europeans. The proposal comes after Venezuelan subsidiary Citgo provided a well received heating oil subsidy to hundreds of thousands of households across six states in the US.

Oil Companies Not Running From Venezuela

by Brian Ellsworth

Caracas (Venezuela) | 25 April 2006

Venezuelan President Hugo Chavez has rattled oil markets with tough anti-capitalist talk, higher royalties and oil field takeovers, but petroleum companies operating in the world’s fifth-largest crude exporter are hardly running scared.

China Has Issues Aplenty, None to Share

by Antoaneta Bezlova

Caracas (Venezuela) | 7 April 2006

For a country in the middle of a huge urbanisation
process, involving the movement of hundreds of millions of peasants to the cities, China had surprisingly little to share with its developing counterparts at the World Social Forum, that concluded in the Pakistani city
of Karachi on Wednesday.

Latin American "Populism" Doing Well

by Mark Weisbrot

Caracas (Venezuela) | 4 April 2006

A specter is haunting Latin America – the specter of “populism.” Hardly a week goes by without a warning from pundits that the region may return to its “populist” past. We are warned of economic failure, unfavorable investment climates, dictatorships, nationalism, Anti-Americanism, and (…)

Expensive oil for least developed countries a quiproquo of curse and blessing in disguise

by Ignacy

Caracas (Venezuela) | 29 March 2006

Background Paper for UNCTAD’s Report on Least Developed Countries.
The early seventies of the past century where marked by an environmental
revolution in people’s minds. It was prompted by the realization of the
finiteness of the Planet Earth and of the staggering environmental (…)

In Venezuela, Oil Sows Emancipation

by Luciano Wexell Severo

Fortaleza (Brazil) | 24 March 2006

The data just released by the Banco Central de Venezuela (BCV) confirm that the Venezuelan economy grew at a cumulative 10.2 percent between the fourth quarter of 2004 and the fourth quarter of 2005.

Uruguay and Venezuela: Need to Strengthen Mercosur

by Jeroen Kuiper

Caracas (Venezuela) | 24 March 2006

Venezuelan President Chávez and Uruguayan President Tabaré Vázquez signed a series of agreements and conventions in the Venezuelan capital today, as part of a three-day visit by the Uruguayan President. During their common press conference, both Presidents stressed the need to transform and (…)

Venezuela Considers Increasing Taxes for Oil Companies (Again)

Caracas (Venezuela) | 24 March 2006

According to Venezuela’s oil minister, oil companies operating along the so-called Orinoco Oil Belt will see a 16 percentage point increase in income tax.

Venezuela Begins Low-Cost Heating Oil Program in New York

by Cleto A. Sojo

Caracas (Venezuela) | 13 December 2005

S. Congreeman José Serrano, Venezuela’s Ambassador to the United States Bernardo Alvarez, and CITGO CEO Félix Rodríguez announced today the details of a pilot program to deliver discounted heating oil to three non-profit housing corporations in New York State, specifically to Bronx county.

Ford to close five North American plants, cut 7,500 jobs

by Jerry Isaacs

New York (USA) | 6 December 2005

Ford Motor Company plans to close at least five plants and eliminate 7,500
jobs, or 6 percent of its total North American work force, according to a
report in the Wall Street Journal Friday. The job-slashing by Ford follows
last month’s announcement by General Motors that it would (…)

Venezuela and Colombia Gas Pipeline to Promote Regional Integration

by Simone Baribeau

Caracas (Venezuela) | 30 November 2005

In a $230 million agreement designed, in part, to help promote regional integration, Venezuela and Colombia have agreed to build a gas pipeline between the two countries. Venezuela’s President Hugo Chavez and Colombia’s Álvaro Uribe made the announcement yesterday, while they met at the oil (…)

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