EL UNIVERSAL
CARACAS, Tuesday August 19, 2008 | Update
Minister Rodríguez: Cemex's value under USD 400 million
According to Venezuelan Finance minister, Alí Rodríguez
Araque, the recently nationalized Venezuelan division of Mexican
cement maker Cemex is worth less than USD 400 million, as
quoted by Reuters.
Rodríguez Araque was referring to compensation the Mexican
firm could receive for its assets in the country.
On the Cover
IISS: The FARC financed Chávez before 1999
10:07 AM. DIPLOMACY. Admired by the Colombian guerrilla after his coup attempt in 1992, the then lieutenant colonel Hugo Chávez Frías received financial support by the Colombian Revolutionary Armed Forces (FARC) for his projects after his capture that year. This mostly explains the relationship and "debt" between the parties, as revealed by a paper of the International Institute for Strategic Studies (IISS) of the United Kingdom.
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