RE: Clarification neededVenezuela also bought or pledged to buy more than $3.6 billion in bonds from Argentina, Ecuador and Bolivia to help them cover deficits. Most of that — $3.5 billion — went to Argentina, helping a leftist ally pay off its World Bank and International Monetary Fund debts. Venezuela then recycles the bonds though its own banks and ends up with a profit that between early last year and July 2006 totaled $200 million.
While the U.S. goes on spending billions making war. They really have to learn how to make friends or this brand of socialism is going to spread like wild fire. Methanex is going to be just one of many companies hurt in South America, no place to invest right now. They hate capitalism and North Americans in particular.