Pg. g 7 | Culture
Hip Hop Revolution in Venezuela promotes urban culture
FRIDAY | March 18, 2011 | No. 56 | Bs 1 | C ARACAS
Pg. g 8 | Opinion p
Some hard data on what’s changed in Venezuela during the past decade
ENGLISH EDITION The artillery of ideas
Venezuela’s Chavez Suspends Nuclear Program
China to Aid Venezuela with Housing
President Chavez abruptly announced the suspension of Venezuela’s nuclear energy development program this week in reaction to the evolving crisis in Japan
A Revolution in Education
Students have become a main focus point of the Bolivarian Revolution in Venezuela, with growing movements on both sides of the spectrum. President Chavez recently announced the creation of a new Ministry for Youth and Students in an attempt to attend to the increasing demands from this important sector and to ensure venues for dialogue exist in the country for future generations.
To the suprise of many, the Venezuelan chief called for a stoppage of further development of the country’s nuclear energy projects due to concerns over the terrible tragedy occuring in Japan and for what he sees as the lack of safeguards for nuclear energy reactors worldwide. Just last year, Venezuela had entered into agreements with Russia to further the development of nuclear energy plants for peaceful means. The accord had caused concerns amongst some sectors in Washington who claimed Venezuela could use the technology for non-peaceful purposes. Now, Venezuela sets an example for other nations to follow in ceasing nuclear development in order to prevent further disasters to humanity. [More below]
Politics
Focus on Farmers and Agriculture Food security and sovereignty is advancing through agricultural investments.
Economy
Infrastructure Development Increases Several new investments in infrastructure were announced this week.
Social Justice
Celebrating Women in Revolution Venezuela hosted the Grassroots Women’s Conference and examined advances and set backs in women’s rights.
V
enezuela is suspending development of a nuclear power program following the catastrophe at a nuclear complex in Japan, President Hugo Chavez said on Tuesday. The South American country had hoped that a planned Russian-built nuclear power plant would provide 4,000 megawatts (MW) and be ready in about a decade. But Chavez said events in Japan after last Friday’s 9.0-magnitude earthquake and the tsunami that followed it showed the risks associated with nuclear power were too great. “For now, I have ordered the
No Nukes in Venezuela freezing of the plans we have been developing ... for a peaceful nuclear program”, he said during a televised meeting with Chinese investors. “I do not have the least doubt that this (the potential for a nuclear catastrophe in Japan) is going to alter in a very strong way the plans to develop nuclear energy in the world”. Japan is racing to avert a new disaster after a fire broke out at a nuclear plant and sent low levels of radiation wafting into Tokyo, prompting some people to flee the capital and triggering growing international alarm.
Venezuela signed a deal with Russia last October that moved Chavez’s socialist government a step closer to its longtime goal of developing nuclear power like Brazil and Argentina. But some experts were skeptical at the time about whether Venezuela would go through with the project, or even needed it given the OPEC member’s vast oil and gas reserves, plus solar, hydroelectric and wind energy possibilities. The US government went so far at one point as to suggest that Venezuela’s nuclear program could be a threat.
I
n efforts to make good on its promise to solve the current housing deficit, the Venezuelan government has turned to one of its major trading partners for financial assistance, signing an act of cooperation with the Industrial and Commercial Bank of China (ICBC). The accord, which lays the groundwork for a $4 billion loan to be used to accelerate housing construction, was announced by Venezuelan President Hugo Chavez during the signing of a range of agreements with the Asian country last Tuesday at the Presidential Palace Miraflores. “A memorandum of understanding was signed between [the state oil company] Pdvsa and the Industrial and Commercial Bank of China which has begun to work with Pdvsa on the financing of $4 billion. This is for projects, but the major part will be destined towards housing”, Chavez said. Venezuela’s current housing shortage stands at around 1.5 million homes. Earlier this year, the Venezuelan head of state committed his government to the goal of constructing 2 million housing units by 2017. “We’ve placed relations between Venezuela and China at the highest strategic level”, Chavez said last Tuesday.