Wednesday, July 3, 2002

I'm getting strong rumors that something will happen tomorrow. Some come from a fairly reliable source. We'll see if they pan out. 3:55:12 PM  What do you think? ( Thoughts) Who linked? []

Sources say that Chavez has turned to Libya for the loan because he is loath to implement the fiscal and legal reforms demanded by the IMF. Venezuela's ministries of finance, and energy and mines, strongly support the appeal to Tripoli, but opinions are mixed at state-owned oil company Petroleos de Venezuela (PDVSA) because Chavez reportedly has offered to collateralize the bridge loan with future oil sales and/or PDVSA assets in Venezuela and Europe. 6:56:01 AM  What do you think? ( Thoughts) Who linked? []

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