ESPACIO PUBLICITARIO
CARACAS, Wednesday June 21, 2006 | Update
 
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Govn't can nullify broadcasting licenses before expiration, official says
  NUEVOMEDIA
Wednesday June 21, 2006  02:35 PM

Information and Communication minister William Lara ensured that the Venezuelan State has the capacity to cancel broadcasting licenses to TV networks before their expiration date.

He was responding to Marcel Granier, CEO of local TV channel RCTV, who claimed that his TV network broadcasting licenses expires in 2020, and therefore he dismissed President Hugo Chávez' threats to revoke such license.
 
Lara asserted that there is no specific term defined for the relevant bodies, namely the National Telecommunications Commission (Conatel) and the Social Responsibility Board, to review broadcasting licenses granted to TV networks.

In the meantime, he stressed, the Information and Communication Ministry is conducting a close monitoring of the contents broadcast by TV channels, radio stations, and newspapers. According to Lara, "some media in the country are running counter the Radio and Television Social Responsibility Law; they do not meet their duties as service providers and violate the users' rights."

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Oil Scenario


Oil exports to China in 2015 are to match current oil shipments to the US
Oil exports to China in 2015 are to match current oil shipments to the US

HYDROCARBONS Rafael Ramírez, Venezuela's Minister of Petroleum and Mining and president of state-run oil company Petróleos de Venezuela (Pdvsa) specified that oil exports to China would be equal to current shipments of Venezuelan oil to the United States.

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