Financial Backing Offered To Oppose U.S. Domination

Posted on Sunday, January 14 at 10:56 by jensonj
Ahmadinejad called it a "very important" decision that would help promote "joint co-operation in third countries," especially in Latin American and African countries. Chavez - a close ally of Cuban President Fidel Castro whom Washington sees as a destabilizing influence - has pledged the equivalent of billions of dollars worth of help to the region in foreign aid, bond-buyouts and preferentially financed oil deals. Ahmadinejad's visit Saturday - his second to Venezuela in less than four months - comes as he seeks to break international isolation due to his country's nuclear program and possibly line up new allies in Latin America. [Proofreader's note: this article was edited for spelling and typos on January 15, 2007]


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