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DateLine Sunday, 6 May 2007

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Venezuelan President Hugo Chavez (R) delivers a speech 01 May, 2007 during a ceremony at the Jose Antonio Anzuategui industrial complex in Barcelona, Venezuela. Venezuela on Tuesday took control of privately run installations in what could be the worlds’s richest oil fields, as part of leftist President Chavez’s nationalization drive. State-run Petroleos de Venezuela (PDVSA) will now have a minimum 60 percent stake in four joint ventures in the Orinoco River basin, which can produce 600,000 barrels of crude a day, or one-fifth of the country’s total production, and are valued at 25 billion dollars, -AFP.


Venezuela in bid to 'reinstate' the State

Venezuela's ideological rivalry with the West is poised to enter a new, stormy phase with its withdrawal from the World Bank and the IMF - two principal supports of the current global economic order.

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Ancient Buddhist mural discovered in Nepal

A team of explorers and scholars says it has found a cave in remote northern Nepal with a spectacular Buddhist mural unseen for centuries and discovered only because a shepherd took shelter there.

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Sonia, Mittal on Time list

Congress leader Sonia Gandhi, steel baron L. N. Mittal and Pepsico CEO Indra Nooyi figure in Time magazine's coveted list of 100 most influential people, which also includes Al-Qaeda leader Osama bin Laden.

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Gamin Gamata - Presidential Community & Welfare Service
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