Fri, 22 February 2008
5.1Mb. 64kbps. mono 11:06 mins
Lisa McDonald of the Australia Venezuela Solidarity Network (AVSN) fills us in on the latest attempt to undermine the sovereignty of Venezuela by the US based transnational corporation Exxon, which has taken out legal action against the Venezuelan state oil company. Exxon seems to believe that a non-privatised oil company that spends its profits on social programs is a blight on the planet, and has managed to have $US13 billion worth of Venezuelan assets frozen around the world while it sues for a US$180 million in compensation. Oddly enough, US$13 billion is exactly what the Venezuelan State oil company spends on social programs for the Venezuelan people!