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Zoellick: Venezuela Economy in Trouble
AP on Verizon Central ^ | June 16, 2007 | IOAN GRILLO

Posted on 06/17/2007 3:37:40 AM PDT by rightwingintelligentsia

MEXICO CITY - Robert Zoellick, the U.S. choice to head the World Bank, warned Saturday that Venezuela's economic and political troubles were growing under President Hugo Chavez's leftist government. "It's a country where economic problems are mounting and we are seeing (that) on the political and press side it's not moving in a healthy direction," Zoellick told a news conference in Mexico City.

He also suggested that the World Bank's influence would not suffer if Chavez goes through with his plan to pull Venezuela out of the lending institution.

"If a country feels it doesn't need or want the services of the international financial institutions then that's their choice. Venezuelans have a great amount of oil money," Zoellick said. "I've found no shortage of countries interested in trying to work with the World Bank."

Chavez has said the World Bank is a tool of the United States that keeps poor nations in debt. He has set up a commission to examine leaving the institution.

Chavez, who has been blessed with high oil prices for most of his eight years in power, insists his socialist policies have improved the lives of poor Venezuelans. The country's economy grew by 10.3 percent last year, the fastest in the region, and government statistics show poverty has declined.

(Excerpt) Read more at kevxml2adsl.verizon.net ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: 2good2btrue; chavez; chavezzoellick; hugochavez; venezuela; zoellick

1 posted on 06/17/2007 3:37:43 AM PDT by rightwingintelligentsia
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To: rightwingintelligentsia

Another Kennedy delivering America to tyrants - drop by drop.

2 posted on 06/17/2007 3:41:09 AM PDT by Diogenesis (Igitur qui desiderat pacem, praeparet bellum)
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To: rightwingintelligentsia

Doomed to tank, hopefully not the next Zimbabwe, but Venezuela is headed down the tube.

Ths link offers a liberal English language report from Venezuela:

http://daniel-venezuela.blogspot.com/

His view of the world is different from many of us on FR but he is experiencing evil and maybe learning things that will help him see things differently.

He could end up being the Cathy Buckle of Venezuela, although I would never wish that on him.

You can get involved in his blog if you wish, too.


3 posted on 06/17/2007 3:49:13 AM PDT by Nextrush ( Chris Matthews Band: "I get high....I get high.....I get high.....McCain......")
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To: Diogenesis

Seeing a Kennedy do something that actually could be work is an amazing thing. Not a one of them has ever hit a lick at a real job.


4 posted on 06/17/2007 4:04:18 AM PDT by sgtbono2002 (http://www.imwithfred.com/index.aspx)
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To: Diogenesis
that picture is idealogical pornography of the filthiest kind.

***

so, Venezuela's in trouble. Again. Imagine that.

It's an oil-spike boom town. We all know what happens to boom towns.

5 posted on 06/17/2007 4:09:17 AM PDT by the invisib1e hand (Thank you St. Jude.)
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To: the invisib1e hand
You say 'boom town'. Others say, 'terrorist nation'.

If the latter, then terroristophiles from the DNC would reasonably be involved. Si?


6 posted on 06/17/2007 4:14:54 AM PDT by Diogenesis (Igitur qui desiderat pacem, praeparet bellum)
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To: Diogenesis
Danm if he doesn't look exactly like his Nazi-loving Grandfather!


7 posted on 06/17/2007 4:49:11 AM PDT by Virginia Ridgerunner ("Si vis pacem para bellum")
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To: rightwingintelligentsia
Chavez, who has been blessed with high oil prices for most of his eight years in power, insists his socialist policies have improved the lives of poor Venezuelans. The country's economy grew by 10.3 percent last year, the fastest in the region, and government statistics show poverty has declined.

Why no mention of their inflation rate, or the shortages caused by price controls? I guess the word of a leftist dictator is good enough for the AP.

8 posted on 06/17/2007 5:01:35 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Diogenesis

In that pic, Hugo is running Jimmuh like a hand puppet.

“Hah! Mah name is Jimmuh. Hugo is a great Christian man. The US is Satan!”


9 posted on 06/17/2007 5:13:15 AM PDT by Right Wing Assault ("..this administration is planning a 'Right Wing Assault' on values and ideals.." - John Kerry)
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To: rightwingintelligentsia
Pardon Moi,

Vouche de petro, S'il Vous Plaît!

10 posted on 06/17/2007 6:17:24 AM PDT by ricks_place
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To: rightwingintelligentsia

Breaking...

Sun rises in the east about same time it gets light outside. Is there a connection?


11 posted on 06/17/2007 7:10:16 AM PDT by CPOSharky (An organization that kills those who do not believe it's dogma is NOT a religion.)
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To: Nextrush

EXCELLENT.
Another Jimmy Carter certified political disaster.
Oh the humanity.But,...but,...what about Danny Glover?
I guess he could hie to Cuba. But, Cindy the Peace Whore?
Retired. Ahhh. We’ll ALWAYS have Harry the Banana and the other socialist excretia.
What a shame.
I do however feel bad for the “REAL” people of Vz. I know many and like them a lot. They just have piss poor luck with politics.


12 posted on 06/17/2007 7:14:23 AM PDT by Gideon T. Reader (DEMOCRATS: Not quite American. PALESTINIANS: A proud history of mindless violence since 1964.)
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To: Diogenesis
 

 

"Mental Midgets At Work?"

 

13 posted on 06/17/2007 8:10:52 AM PDT by K-oneTexas (I'm not a judge and there ain't enough of me to be a jury. (Zell Miller, A National Party No More))
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To: K-oneTexas

Chavez: Say hello, Jimmy
Carter: Hello Jimmy.
Chavez: Now folks, I will drink a glass of water while Jimmy here will sing my praises.....

14 posted on 06/17/2007 9:19:03 AM PDT by lowbridge ("The mainstream media IS the Democratic Party." - Rush Limbaugh)
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To: lowbridge

LOL! Perfect caption.


15 posted on 06/17/2007 9:30:00 AM PDT by Dave Olson
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To: rightwingintelligentsia

Being an attorney for World Bank is top of the heap.


16 posted on 06/17/2007 9:32:17 AM PDT by RightWhale (Repeal the Treaty)
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To: rightwingintelligentsia
Chavez, who has been blessed with high oil prices for most of his eight years in power, insists his socialist policies have improved the lives of poor Venezuelans. The country's economy grew by 10.3 percent last year, the fastest in the region, and government statistics show poverty has declined.

Oh! Government statistics show! Then it must be true!!! /s

http://daniel-venezuela.blogspot.com/2006/01/field-guide-for-bolivarian-socialism.html

http://daniel-venezuela.blogspot.com/

Meat, Sugar Scarce in Venezuela Stores

17 posted on 06/17/2007 12:23:26 PM PDT by lowbridge ("The mainstream media IS the Democratic Party." - Rush Limbaugh)
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