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Chavez says Russia lends Venezuela $4 billion for arms
Reuters ^ | 11/27/10 | Deisy Buitrago

Posted on 11/27/2010 2:08:00 PM PST by NormsRevenge

(Reuters) - Russia gave Venezuela a $4 billion credit to buy weapons when President Hugo Chavez visited Moscow last month, adding to billions the socialist leader has already spent on re-equipping the army.

Venezuela and Russia have forged deep ties in energy and defense, with Russian investment flowing into the OPEC member's oil fields at the same time as Chavez has become one of Moscow's most important weapons customers.

Washington views with suspicion Chavez's purchases of tanks, fighter jets and air defense systems in the last few years but the soldier-turned-president says he is merely modernizing Venezuela's aging kit.

"We were in Russia not long ago and the Russian government has now given us a $4 billion credit to help us with defense equipment," Chavez said on Saturday at a ceremony to celebrate 90 years of Venezuela's air force.

"We are simply doing the task of defending the fatherland from the threat of empire and its allies."

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; Front Page News; Russia
KEYWORDS: chavez; hugo; russia; venezuela

1 posted on 11/27/2010 2:08:02 PM PST by NormsRevenge
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4 billion? That'll buy a lot of "Toys&Food&Medicine" for the kiddies..

Venezuela's President Hugo Chavez talks to the press during the opening of
a Socialist Christmas Bazaar in Caracas November 20, 2010.
REUTERS/Miraflores Palace/Handout


2 posted on 11/27/2010 2:13:02 PM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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Venezuela's President Hugo Chavez speaks during his weekly broadcast 'Alo Presidente' at Miraflores Palace in Caracas November 14, 2010. REUTERS/Miraflores Palace/Handout


3 posted on 11/27/2010 2:14:33 PM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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Listen Kid, in my day,, 4 billion was bananas.. we got ICBMs ,, delivered..

Former Cuban leader Fidel Castro and Venezuelan President Hugo Chavez talk during a meeting in Havana November 9, 2010. Picture taken November 9, 2010. REUTERS/Courtesy of Cubadebate


4 posted on 11/27/2010 2:16:51 PM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: AdmSmith; Arthur Wildfire! March; Berosus; bigheadfred; ColdOne; Convert from ECUSA; Delacon; ...

Obama will send an aircraft carrier down toward Venezuela; Chavez will say we’d better not enter Venezuela’s exclusive economic zone; Obama will recall the carrier. Thanks NormsRevenge.


5 posted on 11/27/2010 2:16:59 PM PST by SunkenCiv (The 2nd Amendment follows right behind the 1st because some people are hard of hearing.)
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To: NormsRevenge
I don't understand why Putin is trying to reassemble the cold war? To what purpose? How can Russia gain from it. It can't be all about selling weapons? Maybe it's just payback for the US winning the cold war. Putin is dangerous though...

Mike

6 posted on 11/27/2010 2:21:55 PM PST by MichaelP (It's the end of the world as they know it, and I'm so glad!)
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To: NormsRevenge

Who is the guy on the right, a barber?


7 posted on 11/27/2010 2:25:48 PM PST by headstamp 2 ("My Boss is a Jewish Carpenter")
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To: headstamp 2
That's a South American leisure shirt. Very popular in Miami.
8 posted on 11/27/2010 2:34:37 PM PST by tommyboy (...we'll do it live!)
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To: NormsRevenge

Communism needs the military to keep it going.


9 posted on 11/27/2010 2:36:26 PM PST by Brilliant
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To: NormsRevenge

So the Russians are meddling in our hemisphere, once again, but we have a clueless academic moron for president, so nothing will happen to respond.


10 posted on 11/27/2010 3:27:13 PM PST by pieceofthepuzzle
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To: pieceofthepuzzle

is this the same “state of the art” equipment that did so well for Iraq?


11 posted on 11/27/2010 3:54:14 PM PST by LeonardFMason
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To: NormsRevenge
guns for oil, like that was something new...
12 posted on 11/27/2010 4:02:45 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: headstamp 2

his barber? Hardly! No, its Chavez’s personal trainer.


13 posted on 11/27/2010 4:07:54 PM PST by C210N (0bama, Making the US safe for Global Marxism)
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To: NormsRevenge

Russia off-loads 2nd-rate weapons at inflated prices to power-hungry Chavez. Russia “loan” is credit, only redeemable for Russian-made weapons. Principal motivation for Putin to do this is to keep US distracted on Southern flank, while Russia makes trouble in Eastern Europe and ME. 70s redux.


14 posted on 11/27/2010 4:58:41 PM PST by anymouse (God didn't write this sitcom we call life, he's just the critic.)
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To: NormsRevenge

The expanded USSR continues on our southern flank.


15 posted on 11/27/2010 8:32:27 PM PST by M. Espinola (Freedom is never "free")
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To: NormsRevenge

16 posted on 11/27/2010 8:56:45 PM PST by GalaxieFiveHundred
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To: NormsRevenge

Query Google News and you get ZERO hits on:

“Socialist Christmas Bazaar”


17 posted on 11/27/2010 10:57:48 PM PST by VeniVidiVici (What's black and white and red all over? HINT: Think White House)
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To: VeniVidiVici

make that Bizarre instead of Bazaar . ;-)


18 posted on 11/28/2010 12:02:00 PM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: MichaelP

>>>>>>>>>>>I don’t understand why Putin is trying to reassemble the cold war? To what purpose? How can Russia gain from it. It can’t be all about selling weapons? Maybe it’s just payback for the US winning the cold war. Putin is dangerous though...
Mike>>>>>>>>>>>>>>>
What about Venezuelian oil?


19 posted on 11/30/2010 5:06:06 AM PST by cunning_fish
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To: cunning_fish
Russia has more oil than it can sell...

Mike

20 posted on 11/30/2010 5:19:03 AM PST by MichaelP (It's the end of the world as they know it, and I'm so glad!)
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