... Italy.
Wikipedia.org
Mi-24, National Bolivarian Armed Forces
Venezuela’s pivot to China is due not only to these generous loans. After-sales service has been a key factor and has historically been a weak spot in the Russian arms trade. As to the Russian equipment supplied to Venezuela, there were problems with logistics support for the Su-30 fighters, and there were some design flaws of the Mi-35M attack helicopters. This caused flights to be postponed and Venezuela had to
invest additional funds in their repair
.
China ...
... speculation.
Then, as partially anticipated, there's the financial risk. Many producers have incurred in heavy debts to finance their development, confiding in their revenues from oil sales to repay them and in the favorable interest rates, Venezuela being a prime example. Then even if not so financially exposed, some recessive effects are doomed to happen anyway. For example, according to the IMF, in 2015 Russia will supposedly lose a chunk of its GDP amounting to 3%.
That would explain why the reduced oil price is not sufficient to shake the economy at global level and induce growth again, barring some exceptions, most notably the U.S.A.
“The ...
... which thrived on geopolitical ground, with the aim to knock out of the market not the shale industry, but rather the other traditional producers. And if we factor in that this effectively translates into a hard impact on the economies of countries like Russia and Venezuela, which are not currently enjoying a healthy diplomatic relationship with the United States, then sinking the oil price down would be a way to kill two birds with one stone, configuring a win-win scenario for the Saudi-American partnership. Of ...
... and the North African littoral (Maghreb) and Egypt. Some businessmen and government officials of Middle Eastern heritage in Venezuela started pushing for an OPEC organization to countervail the U.S. dominated “Seven Sisters” oil cartel as ... ... populations of Iran, Iraq, Nigeria, Palestine Saudi Arabia and Syria (232 million).
The declared Islamic population of the Russian Federation (16.4 million) is about four times greater than that of Palestine (4.3 million) and that’s not counting ...
... Buenos Aires Herald, and elsewhere, the Putin visit to Argentina will include discussions on oil, arms and heavy equipment. The outcome of the visit could impact Argentina’s energy and economic relationships with regional allies it shares with Russia, Bolivia and Venezuela. South America is wide open for energy business and the budding relationship between gas producers Bolivia and Algeria are a reminder of that.
The upside for Russia is that none of the Latin governments have openly supported the U.S.-led sanctions ...
... and Central America. The economic impact of the move will bring far greater rewards to the Chinese economy than what Cuba and Venezuela offer.
China has made it a priority to develop assembly and manufacturing relationships with Mexico, Nicaragua and ... ... Reuters and others have reported that China has developed its own credit reporting organization “Dagong” of which Russia is an integral part.
Brazil’s Man In Havana?
As vice president and interior minister army corps general Abelardo ...
... systems Antey 2500 and Smerch. The drug lords are supplied by heavy weapons so therefore a need of such contracts and smuggling is mostly going by small planes supported by narco ground forces therefore we should cross fingers for such contracts between Russia and Venezuela which were on the agenda of last meeting between Vladimir Putin and Nicolas Maduro in Moscow. As the example of drug lords gear I suggest to follow the pics bellow which are providing conclusion about necessary Russian engagement: American M-16 ...
