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Venezuela cuts aid on heating oil to U.S. poor

Venezuela’s national oil company is suspending a program that provides discounted heating oil to poor communities in the United States, as officials here struggle to find ways of preserving hard currency reserves amid a plunge in oil revenue. The move, announced Monday, halts one of President Hugo Chávez’s most ambitious foreign aid projects – and one that allowed him to poke at the Bush administration, which had proposed a cut in funding for heating assistance to the poor.Full Story

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