03 October 2006

Venezuela's Oil Wealth Funds Gusher of Anti-Poverty Projects

While the Venezuelan president has caused international controversy with his angry denunciations of the Bush administration, this is where the rubber meets the road for Chavez's radical rhetoric. He is spending billions of dollars on anti-poverty programs, in what experts say may amount to the largest such effort in a developing nation.

Read the whole article at Commondreams.org!

Will be interesting to see how successfully Venezuela will be able to make good use of the oil millions ...

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