RealNews

Chavez offers Equador refinery help

Venezuelan President Hugo Chavez offered Thursday to help Ecuador build a $5 billion oil refinery, as the socialist leader pledged to spread his government’s oil wealth to another South American ally. Chavez is on a four-country regional tour, seeking to expand his nation’s influence by leveraging its vast oil reserves and create a “grand South American alliance” to counter U.S. dominance. Full Story

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