PetroCaribe and the Caribbean Single point of failure

Written by Super User on . Posted in Spotlight

“THAT’S how Chávez earned a place in heaven,” said Nicolás Maduro, Venezuela’s president, on a visit to New York last month. Mr Maduro was lauding a programme begun by his predecessor, Hugo Chávez, to supply heating oil to 150,000 low-income families in the United States. Yet such generosity pales next to PetroCaribe, a Venezuelan energy-assistance programme for the Caribbean and Central America that Chávez launched in 2005.