Tumblelog by Soup.io
Newer posts are loading.
You are at the newest post.
Click here to check if anything new just came in.

August 11 2012

surveyork
09:28
In the wake of Paraguay's suspicious impeachment of President Fernando Lugo, which observers have likened to a kind of "quasi-coup," some may wonder whether underhanded corporate forces may have played a role in the political crisis. Such suspicions were heightened recently when the new de facto regime led by Federico Franco, Lugo's former conservative vice president, inked a deal with Texas-based PetroVictory/Crescent Global Oil to open up the remote Chaco region to petroleum exploration. Supporters of Lugo's highly dubious ouster claim that Crescent could help to ease Paraguay's dependence on foreign oil. Richard González, Crescent's CEO, announced that the company would invest $10 million in the Chaco and start exploratory drilling within the next few months.
Nikolas Kozloff: WikiLeaks: Paraguay's "Quasi-Coup" Has the Smell of Oil

Don't be the product, buy the product!

Schweinderl