Editor's Note: The following report is excerpted from Joseph Farah's G2 Bulletin, the premium online newsletter published by the founder of WND.
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China may be helping to bankroll plans by Venezuela's leftist
leader to back drug cartels and a terrorist group as they extend their
influence into U.S. cities, and U.S. officials are remaining virtually
silent about it, according to a report from Joseph Farah's G2 Bulletin.
The silence is attributed largely to an effort to prevent Venezuelan
President Hugo Chavez from cutting off oil exports to the U.S., on
which the American relies for a third of its daily consumption.
In an analysis entitled "Chavez and China: Challenging U.S.
Interests," the American Enterprise Institute, or AEI, has concluded
that Chavez is relying heavily on money from China that is investing
freely in Venezuela's oil industry, "filling a void as Chavez muscles
out U.S. and even local expertise."
(Story continues below)
In addition to putting capital into Venezuela's oil industry, China is funneling money and expertise into the country's manufacturing and finance sectors in the form of loans and investments.
According to security experts, China has become a virtual "cash cow" that also may be allowing Chavez to help financially as the Revolutionary Armed Forces of Columbia, or FARC, teams up with notorious drug lords in Mexico to try to raise the threat level in U.S. cities.
The U.S. State Department has designated FARC as a foreign terrorist organization.
Chavez never has hidden his vitriol against Washington. While the stated mission of FARC is to overthrow the democratically elected Columbian government, Chavez also sees it as a tool to hit back at the U.S. without any direct fingers being pointed at him.
Keep in touch with the most important breaking news stories about critical developments around the globe with Joseph Farah's G2 Bulletin, the premium, online intelligence news source edited and published by the founder of WND.
Hugo Chavez |
According to security experts, China has become a virtual "cash cow" that also may be allowing Chavez to help financially as the Revolutionary Armed Forces of Columbia, or FARC, teams up with notorious drug lords in Mexico to try to raise the threat level in U.S. cities.
The U.S. State Department has designated FARC as a foreign terrorist organization.
Chavez never has hidden his vitriol against Washington. While the stated mission of FARC is to overthrow the democratically elected Columbian government, Chavez also sees it as a tool to hit back at the U.S. without any direct fingers being pointed at him.
Keep in touch with the most important breaking news stories about critical developments around the globe with Joseph Farah's G2 Bulletin, the premium, online intelligence news source edited and published by the founder of WND.
