Showing posts with label Venezuela. Show all posts
Showing posts with label Venezuela. Show all posts

Thursday, August 24, 2017

Venezuela Needs Help!!!

"Venezuelan President Nicolas Maduro has called on Russia and the Vatican to help fend off what he described as a U.S. "military threat," and said he will soon go to Moscow to meet with Russian President Vladimir Putin." Link
 After Trump stated that the US would consider force to intervene against the Madura regime, he has called on Putin the "man of peace" to help protect the country from the US.  I was curious about how much Venezuela already relies on Russia for its security needs and so I downloaded the SIPRI data for arms transfers from 2000-2016.

Source: SIPRI
The short story is that Russia is already ensuring Venezuelan security through arms transfers.  The other largest exporter (nearly $1 Billion in arms) is China.  It's always interesting to see the way that material realities are reflected in rhetoric and vice-versa. 

Wednesday, November 9, 2011

Venezuela, Bonds, and Russian Arms

Venezuela bond deals point to arms buying: Caracas, Venezuela (UPI) Nov 8, 2011



Bond deals by Venezuela point to defense purchases made in Moscow to circumvent a U.S. arms embargo and other difficulties faced by Caracas in its quest for military suppliers for its armed forces.
The bond deals worth $3.6 billion come at a time of growing political uncertainty in Venezuela over the health of President Hugo Chavez, who is receiving treatment for cancer in Cuba.


As a reference for the news article above is a graph I pulled together from data from SIPRI (www.sipri.org) on Russian arms exports to Venezuela.  The data are for the years 1992-2010.  As I have noted in posts on Syria, Russia appears to play by different rules with foreign policy when arms deals are available.