Venezuelanalysis.com is reporting that President Hugo Chavez Frias has spiced up the current controversy over Central Bank of Venezuela (BCV) approval of US$1 billion from foreign reserves to finance an agricultural development program by suggesting that a part of Venezuela's foreign reserves should be held in €uros and NOT in US$... article
Threatening to sell oil in euros was the last straw for Saddam Hussein.
And, as I've been posting for you, the overtures have been coming on piece by piece to "take out" Chavez. It started with a failed assassination attempt, then came the articles about Venezuela supporting terrorists, then the accusations of election fraud and the illegal millions sent to help get rid of Chavez through a referendum. Now Chavez is busting Bush's chops in Mexico at the Americas Summit.
It's coming.
I'm trying to keep a page of pertinent articles here.
Wednesday, January 14, 2004
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