page 7 | Environment
page 8 | Opinion
Venezuela is building a sustainable energy system to improve service nationwide
Latin American integration mechanisms are a source of inspiration and solidarity
Friday | December 2, 2011 | Nº 92 | Caracas
Venezuela brings gold home This week, week the first shipment of Venezuela’s gold reserves arrived to the country after President Hugo Chavez decreed repatriation from abroad of one of the most important sources of the nation’s financial security. The decision to repatriate gold reserves and return them to the country’s Central Bank was made in part due to the financial crisis many US and European banks have been facing. Throughout the 20th century, governments shipped Venezuela’s vast gold reserves to financial institutions in the US and Europe in agreements favorable to foreign banks. Chavez’s decision to return the gold home will not affect its value, but has caused a stir in financial markets worldwide and concern over whether other nations will follow Venezuela’s example. | page 2
ENGLISH EDITION The artillery of ideas
Sovereignty and independence: Latin America & the Caribbean launch a new organization free of US influence The Community of Latin American and Caribbean States (CELAC) has become a reality 200 years after it was first planned by independence leader Simon Bolivar Argentina’s President Cristina Fernandez (in photo below) was the first to arrive to Caracas this week to attend the groundbreaking foundational meeting of the Community of Latin American and Caribbean States (CELAC). The organization culminates the dream of South American independence hero Simon Bolivar, who attempted to create a sovereign regional organization free of US influence during the Panama Congress in 1826. Today CELAC represents the solidity of regional relations and the wishes of the 33 member countries to increase cooperation, integration and solidarity on equal terms. | [Continued below]
Integration
Venezuela & Colombia strengthen relations Despite ideological differences and opposition sabotage, the neighboring nations are improving ties. | page 3 Social Justice
Aiding the disadvantaged to reduce poverty A new program was launched in Venezuela geared towards eradicating poverty. | page 5 Social Justice
Venezuela leads in development goals The South American nation is achieving the UN Millenium Development Goals. | page 6
Celac summit a latin american dream T
his Friday and Saturday the founding meeting of the Community of Latin American and Caribbean States (CELAC) takes place in Caracas. The first summit of the 33-member Community of Latin American and Caribbean States (CELAC) on December 2-3 was originally meant to be held six months ago to coincide with the 200th anniversary of Venezuela’s
independence. But it was called off at the last minute as President Hugo Chavez recovered after surgery to remove a large tumor. Back to his old self in many ways, President Chavez has been preparing the creation of a group that many see as an alternative to the Organization of American States (OAS) and does not include the US or Canada.
“A new organism will be born. This is truly historic”, the socialist leader said this week. “How many years have we been in this battle? It’s a first step, not the victory. The fight began in 1820 after 300 years of conquest, domination and genocide by European empires”. Venezuela’s foreign minister, Nicolas Maduro, said the meeting would seek ways to help insulate member nations from economic turbulence in the United States and Europe.
Venezuela: 3rd lowest regional poverty rate
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ccording to the 2011 “Social Panorama of Latin America” study released this week by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), Venezuela’s overall poverty rate last year was 27.8%, the third lowest in the region. The nations with the lowest poverty rates in 2010 were Argentina and Uruguay (8.6%), followed by Panama (25.8%), Venezuela (27.8%) and Peru (31.3%). On the other hand, countries with the largest share of their population living in poverty were Honduras (67.8%), Paraguay (54.8%), El Salvador (46.6%), and Colombia (44.3%). The report found that for the region as a whole, poverty declined by 17% between 1990 and 2010. Meanwhile, extreme poverty was reduced from 22.6% to 12.3%, which represents the lowest levels in the last 20 years. With respect to Venezuela, ECLAC found that between 2002 and 2010, poverty fell by an impressive 20.8% (from 48.6% to 27.8%), and extreme poverty fell by 11.5% (from 22.2% to 10.7%).
The 33 countries that make up CELAC have a combined population of nearly 600 million people and together comprise the world’s number one food exporting region. The presidents of Argentina, Brazil, Chile, Bolivia, Mexico, Uruguay, Chile, Paraguay, Colombia, Peru, Nicaragua and Ecuador will be in attendance along with prime ministers from most Caribbean nations and heads of state from Central American countries.