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Chávez arrives in Brazil to meet with Lula, Morales and Correa

Politics President Hugo Chávez arrived at 9:00 am. on Tuesday in Manaus, Brazil, to meet with his Brazilian counterpart Luis Inacio Lula da Silva and also with their counterparts of Bolivia, Evo Morales and Ecuador, Rafael Correa.

"We will review contracts that were signed some months ago but are now becoming concrete projects. We have made progress in the integration and unity of Brazil and Venezuela which is part of the South America unity," said the Venezuelan president upon arriving in Brazil.

Chávez stressed the importance of the Banco del Sur "to favor the Latin American economy in moments where capitalism and neo-liberalism join together."

Lula and Chávez will discuss the strengthening of regional integration mechanisms that allow South American economies to resist the untoward effects of the global financial crisis, reported the Brazilian presidency.


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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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