Falling oil prices dent Hugo Chávez's clout in Venezuela

10/22/2008 6:13 PM

10/22/2008 6:14 PM

Sixteen months ago, Venezuelan President Hugo Chávez visited Nicaragua to lay the ceremonial cornerstone to a new $3.9 billion oil refinery to help "liberate" Nicaragua from poverty. Today, the cornerstone, outside the city of León, sits among weeds. And with the price of oil 55 percent less than its peak in July, many Nicaraguans are starting to wonder if it will ever amount to more than a mere brick
Click here for full story

Join the Discussion

Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Terms of Service