Low oil prices won't halt revolution: Chavez

CARACAS: President Hugo Chavez said that he plans to strengthen his socialist revolution in spite of falling oil prices.

He assured participants in a program that provides stipends to poor mothers that social spending will not be restricted next year.

"Oil could fall to zero dollars, and I guarantee you this revolution will not be detained," he said. "Totally the opposite."

Chavez acknowledged that oil prices are very low, but said critics hoping this signals his downfall will be disappointed: "The end of Chavez?" he asked mockingly. "I am a man of difficult times."

He said Venezuela has enough international reserves and other savings to withstand the world financial crisis.

Comments

NAVALDAN RAMBHAI LANGA said…

Mr. Tahir Zulfiqar

You placed the Adsense Ads very properly.
Good Luck.

Naval Langa
SHORT STORIES by NAVAL LANGA
Another Interesting Blog LIFESTYLE AND RELATIONSHIP

January 18, 2009 at 10:22 PM

Cuba's world-famous cigar festival closes in Havana

Sunday, February 28, 2010 HAVANA: Hundreds of wealthy merchants and cigar aficionados from all parts of the world gathered in Havana this week to bid high stakes for humidors full of premium cigars. Cuba's annual Habanos festival ended on Friday night with an auction of ornate humidors of cedar and mahogany stacked with hand-rolled stogies that raised 800,000 euros ($1.09 million dollars). Habanos S.A. executives this month said cigar sales fell 8 percent to $360 million in 2009, so they have created the Julieta, a smaller, milder version of the Romeo y Julieta cigar, aimed specifically at female smokers. Women now make up only 5 to 10 percent of customers for Habanos. But even with the creation of the Julieta, Garcia said Habanos has only modest hopes for 2010 sales, due largely to a weak economy in Spain, the biggest market for Cuban cigars. The flavor of premium tobacco relies on the soil and climate in which it is grown. The western province of Pinar Del Rio, famous fo...

Snake bite deaths

Monday, July 06, 2009 COLOMBO: The Sri Lankan government recorded some 33,000 snake bites in 2008, with most of the victims coming from remote villages.The Department of Government Information said in a statement that most of the snake bite cases could be fatal if neglected.The statement said snake bites are often neglected in Sri Lanka as victims do not seek treatment at hospitals where advanced medication is available. Instead, the victims rush to traditional type of treatment which could be a risk, reports Xinhua.Snake bites death at domestic level, outside hospitals, go unrecorded, said the statement.Most victims of snake bite are from the rural and remote villages where there is no electricity after dusk.Statistics show that Sri Lanka has over 90 species of snake with around 10 species possessing venom capable of killing a human being.In Sri Lanka the annual death rate due to snake bite envenoming is one of the highest in the world being 6 in 100,000 population.

New arts space on the block

Updated at: 1821 PST, Saturday, September 19, 2009 NEW YORK: The Lower Manhattan Cultural Council (LMCC) has officially opened LentSpace, a half-acre public park in lower Manhattan that it plans to use as a temporary gathering space, contemporary-art venue, and performing arts site. The block, which is bounded by Grand, Varick, and Canal streets and Sixth Avenue, is owned by the Trinity Real Estate Corp., which manages Trinity Church's real estate holdings. Unable to arrange a sufficiently lucrative arrangement for the property, church officials decided to allow the LMCC program to go there until economic conditions improve.

ONE NEWS

Search This Blog