Although Castro lost the USSR, a new patron has been found: not a great power, but a willing supplier of the oil Cuba needs.* Although Castro lost the USSR USSR: see Union of Soviet Socialist Republics. , a new patron has been found: not a great power, but a willing supplier of the oil Cuba needs. Fidel's benefactor and new best buddy is Hugo Chavez, leftist left·ism also Left·ism n. 1. The ideology of the political left. 2. Belief in or support of the tenets of the political left. left president of Venezuela. According to internal documents from Venezuela's state oil company, Cuba has run up a $752 million tab on Venezuelan oil shipments this past three years. Prospects for repayment are, according to the Wall Street Journal, slim. The company's employees are now forbidden to talk about the Cuban contracts, or to send letters or e-mails on the subject. All this is in the context of growing strategic collaboration between Chavez and Castro to frustrate U.S. policy throughout Latin America, seen most recently when a leftist alliance with ties to both leaders forced the resignation of Bolivia's president, Sanchez de Lozada. Chavez is also instrumental in efforts to undermine the U.S.-sponsored Free Trade Area of the Americas The Free Trade Area of the Americas (FTAA) (Spanish: Área de Libre Comercio de las Américas (ALCA), French: Zone de libre-échange des Amériques (ZLÉA), Portuguese: Área de Livre Comércio das Américas (which, as currently planned, will exclude Cuba). It is possible that this new run of luck for Fidel may soon end, though. Venezuela's political opposition has petitioned for a recall election, gathering over 3.4 million signatures. If Chavez permits that election and then loses it, the Cuban economy will be back to where it was when the USSR went kaput ka·put also ka·putt adj. Informal Incapacitated or destroyed. [German kaputt, from French capot, not having won a single trick at piquet, possibly from Provençal. , and Fidel will be looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. yet another patron. Being a paragon of progressive humanity is all very well, but someone has to pay the bills. |
|
||||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion