Thursday, October 05, 2006

A Few Notes...

From that "unsustainable" Bolivarean Revolution....
 Caracas, Venezuela, October 2, 2006—According to the president of the National Confederation of Ranchers and Farmers (Confagan), Venezuela has tripled the amount of land that is under agricultural cultivation in the past eight years.

According to Campos, “In the next five years Venezuelans will be complete masters over agro-alimentary security in the areas of milk, meat, and food oils, due to the economic support that is being provided to workers in the fields, the struggle against latifundios [plantations], and the investment and confidence of the private sector in the government.”

Campos also pointed out the pork production increased by 40% between 1999 and 2006.

According to government data, Venezuela’s land reform program, which was launched in 2001, has distributed over 2 million hectares of land to over 200,000 families.

Other headlines from VNews state that government oil profits are up 44% and that government oilfields will be cutting production by 50,000 barrels per day.  OPEC producers feel that $50-$60 a barrel is an appropriate price and Venezuela was joined by Nigeria in announcing cuts.

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