risks because it is controlled by PDVSA which is Venezuela’s state oil company and operates in Venezuela • If Venezuela defaults on its debt Petrozuata will default too unless… • Conoco Inc. is a subsidiary of DuPont which operates worldwide and has investment grade rating • Investing in Petrozuata is indirectly investing in DuPont • If you invest in Petrozuata your real investment is also in Venezuela and DuPont • Petrozuata project has a very good structure and business projections • Same comparables
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Did you know that name Venezuela is from the italian name “Venezuelio” which means “pinnola venizio” and that translates to “Venice”. Have you ever wanted to travel to another country? Venezuela perhaps? Venezuela is a interesting and beautiful place to visit and live. The culture‚ weather‚ animals and people of Venezuela are like nothing else in the world. The land in Venezuela is very beautiful yet majestic and mysterious. It has a lot of different landforms. It has things ranging from volcanoes
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Since 1998‚ when Hugo Chávez won the presidential elections of Venezuela‚ the relations between this country and United States have worsened. Hugo Chávez has been president of Venezuela for fourteen years and was reelected for another six years the past October. During this time‚ he has implemented many changes in order to establish the “Bolivarian Revolution” and has stressed his opposition to the United States and the imperialism of its regime. Therefore‚ the relations between this two countries
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Venezuela situation “Hugo Chavez was the elected strongman of Venezuela who took office in 1999 and remained there until his death from cancer in 2013. Hugo Chavez was the son of schoolteachers‚ and he graduated from the Venezuelan Academy of Military Sciences in 1975. An engaging speaker and charismatic personality‚ he was elected to the presidency as a leftist reformer and modern-day Simón Bolívar. (His reforms were called the "Bolivarian Revolution.") After taking office on 2 February 1999‚ he
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The economy of Venezuela is surprising well for a South American country. Typically‚ when you think of the economies of South American countries you think that they are poor and dismal with high unemployment rates and squander. However‚ Venezuela has an upper middleclass economy due to the oil production of the country. In fact‚ oil revenues account for approximately ninety-five percent of export revenue for the entire country. Oil is also twelve percent of Venezuela’s gross domestic product‚ or
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done‚ a "pros and cons" essay where you explain (two pros and one con or two cons and one pro) about this matter. In the links you will be able to find examples related to some Larin American countries which have offered Snowden the asylum option. Venezuela is one of them‚ and since we are all Venezuelan‚ your essay should present aspects involving our Nation (only). Do not forget that the PROS and CONS should have to do with YOUR PERCEPTIONS of the fact (Unit 1‚ the one we worked on last Saturday)
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Article Analysis – Venezuela food shortage. Title: Venezuela food shortages: ‘No one can explain why a rich country has no food.’ Author: Journalist Virginia Lopez. Date: Thursday 26th September 2013. Source: Guardian (online article.) Summary of points raised: The article highlights that it is possible for a rich country producing a sufficient amount of oil‚ to have food shortages. This is reinforced by economist Asdrubal Oliveros who claims‚ “Oil production has decreased‚” there has also
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his dream it was still a failure (Tignor). He was born in Venezuela in 1783 and his father was wealthy and socially powerful (The Editors of Encyclopædia Britannica). While in Europe a former tutor told him about the writings of “European rationalist thinkers such as Locke‚ Hobbes‚ Buffon‚ d’Alembert‚ and Helvetius as well as Voltaire‚ Montesquieu‚ and Rousseau” (The Editors of Encyclopædia Britannica). From there he returned to Venezuela and a year later a Latin American independence movement began
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revolutionaries‚ such as Francisco Miranda‚ struggled to get the support of most Venezuelans because of the stigma the term “liberal” had in colonial Venezuela. Being a liberal was associated with having French ideals‚ which naturally defied the Spanish rule. John Charles Chasteen actually states this when describing Francisco Miranda’s failed attempt to invade Venezuela. In his book‚ Americanos: Latin America’s Struggle for Independence‚ he states “the outcome of Miranda’s 1806 expedition shows that ‘French
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the different things that make someone happy. Americans are happy with **‚ according to Venezuelan news‚ 80% of Venezuelans are satisfied with their lives. From my personal experience‚ when you live in a developed country as Canada and you go to Venezuela‚ you’ll see the difference. Venezuela’s strict currency control has made economy go out of control. They have a limit of 3000$ to travel each year to a list of places the government allows‚ and 700$ out of that budget if you’re going to the Dutch
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