Friday, August 26, 2011

President Hugo Chavez Of Venezuela To Purchase $4 Billion Worth Of Weapons from Russia

show details 11:37 PM (5 hours ago)

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Venezuela: Russian Loan Ready For Weapons Purchase

August 26, 2011
Russia is ready to loan Venezuela $4 billion to purchase military weapons and equipment, according to a Russian diplomatic source, Kommersant reported Aug. 26. The source said the loan is an opportunity for Moscow to support a key regional ally during Venezuela’s upcoming election campaign.
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