Archive for March 1st, 2007

An intriguing tale of Venezuela/Iran/Argentina triangulating the purchase of a nuclear reactor for Iran.

March 1, 2007

There is this intriguing article in Argentinean news site total news, which also appeared in in an Argentinean investigative reporting site called “Tribuna de Periodistashere, which contends that an Argentinean -made nuclear reactor arrived in Iran via a triangulation in which the Venezuelan Government participated.

The article says that it is not clear whether Argentina’s President Kirchner knew the true destiny of the reactor, stating that it was taken to Iran in a Venezuelan ship which was being repaired in Rio Santiago, Argentina.

Venezuela is known to have expressed interest in buying an Argentinean nuclear reactor in 2005, when meetings between the Ministry of Energy and Argentina’s INVAP took place both in Caracas and Buenos Aires.

If this news is confirmed, which should happen shortly given the fact that so many people would have participated in it, it is significant for the case of Physicist Claudio Mendoza, who is still under the threat of being fired from his tenured position at IVIC. This is because supposedly, Claudio injured the prestige of IVIC, where “all” nuclear activities of Venezuela supposedly take place. If it can be proven that the Ministry of Energy purchased a nuclear reactor from Argentina, to send to Iran, IVIC’s claim to centralized nuclear activities in Venezuela would be proven incorrect and Claudio could not be fired for the reasons given.

Of course, if this story proved out to be true, which the author has assured fa friend of mine that it is, it would have important repercussions for the three countries involved in the triangulation, which I will discuss when we have more information on the matter..

It’s the economy stupid! By Teodoro Petkoff

March 1, 2007

It’s the economy stupid! By Teodoro Petkoff in Tal Cual

The Government and its cronies are boasting about the “enormous success” that the placement of the so called Bono del Sur has been, for which the demand exceeded by far the offer. They see a sign of economic health in what is nothing but a symptom of disease. The great demand the “Chak” bond had simply brings out the following things: 1) The wonderful deal which signifies buying dollars at preferential prices, that can then be sold in the parallel market, at a considerably larger price, making a nice speculative gain without any risk at all. I am sure there will be some shenanigans too, for sure. 2) The desperate search for dollars on the part of sectors that really need them for their imports and that are banging themselves against an incontinent foreign exchange control office (CADIVI). 3) CADIVI’s constipation has provoked grave difficulties to those industries that depend on imported raw materials, which in turn generates shortages of the goods they produce. We are told of shortages in car parts and medicines, besides the log list of consumer products, which have disappeared from markets and mercales.

As is well known, nobody learns using someone else’s head and least of all these fake revolutionaries, because in their petulance they think that it is them that invented the wheel and ignore everything that is happening now with inflation and shortages is a subject n which they will have to take a make up test, a subject in which prior Governments prior to this one had flunked.

Nothing new under the sun

They begin by establishing price controls. It is the great panacea blessed by the conventional wisdom of a country that during decades has lived through them and that still believes that is the way to go. But inflation, that old cadaver, revived by the exchange and fiscal policy of this Government, pushes production prices up, and controls becomes a trap that commercial logic begins to break, because nobody can sell below the cost of a product. The controls start to become fictitious, until the threats, the anti-inflationary pacts and laws against hoarding attempt to make them work: then, the produce ceases to produce for the same reason: nobody ca produce at a loss.

Shortages begin; products begin to disappear from markets and mercales. That is not explained by the “Wiseman” Heinz Dietterich nor are the answers in the Soviet manuals. Neither are they in the Cuban advisors, true experts on matters of shortages and fake recipes to face them, but unable to provide the argument of the economic sanctions as the alibi, because it does not work in this case. I, the Supreme must bemoan not being able to appeal to that line, but we, in contrast with the Cubans, are over invaded by gringo products. Now the Government wants to self impose economic sanctions, reducing almost by force.

How can we not remember Clinton: It’s the economy, stupid!