What is the Petrocaribe fund?
Petrocaribe is an oil alliance involving 18 Caribbean member states. The alliance was founded on 29 June 2005 in Puerto La Cruz, Venezuela, Venezuela offering the other member states oil supplies based on a concessionary financial agreement.
What are the ALBA countries?
From modest beginnings the ALBA has grown to include eleven full member states which, in order of joining, are: Venezuela, Cuba, Bolivia, Nicaragua, Dominica, Ecuador, Antigua and Barbuda, Saint Vincent and the Grenadines, Saint Lucia, Grenada and the Federation of Saint Kitts and Nevis.
Does ALBA still exist?
The ten member countries are Antigua and Barbuda, Bolivia, Cuba, Dominica, Grenada, Nicaragua, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines and Venezuela….ALBA.
| Bolivarian Alliance for the Peoples of Our America Alianza Bolivariana para los Pueblos de Nuestra América (Spanish) | |
|---|---|
| Headquarters | Caracas |
What is ALBA in Venezuela?
ALBA, which means “dawn” in Spanish, was conceived by Venezuelan Pres. Hugo Chávez and was created by Venezuela and Cuba as an alternative to the U.S.-led Free Trade Area of the Americas (Área de Libre Comercio de las Américas; ALCA).
How much foreign aid does Haiti get?
Haiti received US$13 billion in foreign aid from the international community from 2011 to 2021.
Does Haiti have more oil than Venezuela?
According to French scientist Daniel Mathurin, “The Central Plateau, including the region of Thomond, the plain of the cul-de-sac and the bay of Port-au-Prince are filled with oil”. He added that “Haiti’s oil reserves are larger than those of Venezuela .
What is Bolivarian Socialism?
Bolivarianism is a mix of panhispanic, socialist and national-patriotic ideals named after Simón Bolívar, the 19th-century Venezuelan general and liberator from the Spanish monarchy then in abeyance, who led the struggle for independence throughout much of South America.
Does America give money to Haiti?
Between the fiscal years of 1995 and 1999, the U.S. contributed approximately US$884 million in financial assistance to Haiti. Haiti received US$13 billion in foreign aid from the international community from 2011 to 2021.
Does Haiti have gold mines?
Mining companies revealed that they have found at least 1 million ounces of gold at two sites in the region of Trou-du-Nord, in North of Haiti. Not only they found gold in Haiti, they also found silver and copper. This precious metals worth potentially $20 billion.
What is the oldest name for Scotland?
The Gaels gave Scotland its name from ‘Scoti’, a racially derogatory term used by the Romans to describe the Gaelic-speaking ‘pirates’ who raided Britannia in the 3rd and 4th centuries. They called themselves ‘Goidi l’, modernised today as Gaels, and later called Scotland ‘Alba’.
Was Chavez a Marxist?
His presidency was seen as a part of the socialist “pink tide” sweeping Latin America. Chávez described his policies as anti-imperialist, being a prominent adversary of the United States’s foreign policy as well as a vocal critic of neoliberalism and laissez-faire capitalism. He described himself as a Marxist.
Why is Venezuela called the Bolivarian Republic?
Venezuela has been considered the Bolivarian Republic following the adoption of the new Constitution of 1999, when the state was renamed in honor of Simón Bolívar.