English Edition Nº 101

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page 7 | Special Report:

page 8 | Opinion

Fabricio Ojeda: A journalist who became a Revolutionary Hero

How the case against Julian Assange & Wikileaks affects us all

Friday | February 10, 2012 | Nº 101 | Caracas

ALBA summit reinforces sovereignty Highlights of the XI Summit of the Bolivarian Alliance for the Peoples of Our America (ALBA) included the creation of a new economic zone in the region, the consolidation of a regional currency, decreasing US dollar dependence, and expressions of solidarity and support for nations threatened by foreign aggressions. ALBA also welcomed two new members, Saint Lucia and Suriname and opened the path for a third, Haiti, to join the political bloc. | page 2

ENGLISH EDITION The artillery of ideas

Venezuela: Celebrating the path to revolution The nation commemorated the 20th anniversary since President Hugo Chavez appeared on the political scene and the road to Revolution began A massive civic-military parade was held to mark the occasion. Twenty years earlier, on February 4, 1992, a young Lieutenant Colonel led a military rebellion against the corrupt and murderous government of Carlos Andres Perez. Although the revolt failed, the incident propelled Hugo Chavez into the political limelight and awoke a collective desire for real change in the country. Years later, in 1998, Chavez won the presidency in a landslide victory and the Bolivarian Revolution formally began. The date was celebrated this year in the presence of heads of state from Cuba, Bolivia, Nicaragua and Haiti. | page 3

Politics

Venezuela ready for elections The National Electoral Council (CNE) is set for this year’s presidential & regional votes. | page 4 Integration

Haiti & ALBA The US is losing influence over the impoverished Caribbean nation.| page 5 Security

UN praises Venezuela’s disarmament Major programs to fight crime & violence are a priority.| page 6

Venezuelan cinema in DC

Venezuela to increase oil production to satisfy global demand

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n light of the rising oil demand worldwide soon to exceed 100 million barrels a day, Venezuela is increasing its production capacity to satisfy future market demands, revealed Petroleum and Mining Minister, Rafael Ramirez this week. The government expects to increase production from three million barrels per day to four million in 2014 and six million in 2019.

“We hold the world’s largest reserves. We are making necessary investments to have them available when the market needs them and to have our volume of petroleum accessible, while maintaining a fair balance”, Ramirez said. Ramirez also highlighted that, thanks to President Hugo Chavez, Venezuela has been able to set a fair price for its product. Currently, a

fair price is considered at or above $100 a barrel. “When the Revolution came to power (1998), oil prices were about $8 a barrel. Transnationals were trying to increase production to six million barrels. They did not care about global oil demand or prices, just selling high volumes”, he explained. Ramirez emphasized the significant role played by the

Venezuelan cinema is represented at the 2012 Ibero-American Film Showcase that is taking place from January 19 to February 23 in venues throughout Washington, DC. The Embassy of Venezuela in Washington, DC, will screen several films in its cultural space, the Bolivarian Hall, during the festival. These include the Venezuelan selections: Dudamel: Let the children play (2010), a documentary by Alberto Arvelo; Roman Chabaud’s Zamora, free land and men (2009); Luis Alberto Lamata’s Taita Boves (2010); and Water drums, an ancestral encounter (2009), a documentary by Clarissa Duque. The Bolivarian Hall is located at 2443 Massachusetts Ave. NW in Washington, DC. All screenings begin at 6:30 pm. The Cuban film Habanastation (2011), by Ian Padron, will also be screened at the Bolivarian Hall on February 17.

Organization of Petroleum Exporting Countries (OPEC). In 2004, the organization agreed to cut production and it has since remained stable. Thus, oil prices have also been stable and fair. The Oil Minister also announced that Venezula plans to send as much oil to China as it does to its traditionally largest buyer, the US, within the next three years. “We are going to sell China one million barrels a day by 2015”, he said.


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