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To: Dennis Roth who wrote (93557)	11/14/2007 8:07:35 PM
From: elmatador	Read Replies (3) of 206182

This is one reason why we need to be very diplomatic with our neighbors. Chavez reviewing Spanish ties Nov 15, 2007 8:56 AM President Hugo Chavez warned he is reviewing Venezuela's ties with Spain, escalating a dispute that erupted between the former colonial power and the major oil exporter when Spain's king told him to shut up. Chavez, who has nationalized swathes of the economy this year in a drive to create a socialist state, has demanded King Juan Carlos apologize for reprimanding him and threatened Spanish investments, especially in the banking sector. ... Spanish telecommunications giant Telefonica is also a major mobile phone operator in Venezuela. Oil company Repsol too, does business in a country with some of the largest reserves outside the Middle East. Spanish companies have invested $2.4 billion (NZ$3.1 billion) in Venezuela since the former paratrooper took office in 1999. tvnz.co.nz With neighbors like these, one should be careful. These guys can shoot their own foot on a daily basis. Any time anyone in Brazil says something about our neighbors (Bolivia/Venezuela) need to be put into the right contest: That is we need to manage the relationship with them. Like Lula saying he wants to join OPEC to lower oil and other similar crap... Until we drop them altogether... Like already started by saying no interest in Venezuelan gas recently. Of course it has nothing to do with the fact Brazil has got new discoveries. :-) One should not give him what he wants: "Chavez relishes such fights because he uses them to fire up his support base among the majority poor at home with blunt rhetoric that plays on their misgivings of rich countries' investments in Latin America. He needs to energize his supporters this month because he acknowledges there could be low turnout for the plebiscite."

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