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Venezuela's Hugo Chavez crawls back

 

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Low oil prices and plunging output have seen Venezuela's Hugo Chavez come groveling back to U.S. oil firms for new investment after abusing them earlier. But Big Oil, once bitten, should now be twice shy.
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Venezuela

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In this photo released by Miraflores Press Office, Venezuela's President Hugo Chavez smiles as he leads a televised Cabinet meeting at Miraflores presidential palace in Caracas, Venezuela, Tuesday, May 22, 2012. Chavez has reappeared on television a week and a half after returning from cancer treatment in Cuba.

    Hugo Chavez back on television in Venezuela

    Venezuelan President Hugo Chavez reappeared on television Tuesday a week and a half after returning from cancer treatment in Cuba.

  • Chavez: Negotiations helped end prison standoff

    President Hugo Chavez said Monday that he personally spoke with some inmates by phone before prisoners engaged in a three-week armed standoff at a Venezuelan penitentiary agreed in negotiations with authorities to come out and be moved to other jails.

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Relatives of inmates protesting against measures taken by authorities to control a riot at the La Planta prison clash with National Guard soldiers outside the jail in Caracas, Venezuela, Thursday, May 17, 2012. Gunfire erupted on Thursday inside the prison where armed inmates have prevented security forces from retaking control for nearly three weeks.

    Hundreds leave Venezuelan prison, ending standoff

    A three-week prison standoff that pitted armed inmates against troops ended Friday as Venezuelan officials said the last of more than 1,600 inmates filed out and agreed to be moved to other prisons.

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