Tuesday, November 25, 2008

Chavez welcomes Russian Warship

On Tuesday, Russian warchips sailed into Venezualan port, la Guairia, and were welcomed with a 21 cannon solute by Venezuelan troops waiting for them on the dock. A destroyer, a nuclear powered cruiser and two support ships were the ships that completed the voyage, Russia's first visit to the Caribbean since the Cold war. This meeting is thought to be a further arms deal between the two countries as well as an oppurtunity for Russia to invest in the natural gas and oil resources abundantly found in Venezuela. However, due to falling oil prices, the pockets of both countries are hurting and little might be done in the way of seeing out Chavez's plans for a Russian funded gas pipeline throughout his country.
The United States is skeptical of the meeting between the two countries, but is not afraid that their meeting will have any real affect. Some think that it the Russians don't want to engage in anything too deep with Venezuela when they are beginning to renew their relationship with the United States with the new Administration. To read more, click here

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