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Lula and Chávez meet to discuss financial crisis and energy issues

Politics Brazilian President Luiz Inácio Lula da Silva will hold on Tuesday a meeting with his Venezuelan counterpart Hugo Chávez in the Amazonian city of Manaus to address an agenda focused on the financial crisis, energy and food.

The two presidents hold quarterly meetings to discuss bilateral and regional issues, and the meeting on Tuesday will focus on ways to strengthen regional integration as a means to reduce vulnerability in crisis scenarios, the Brazilian Foreign Ministry reported.

Presidents Evo Morales of Bolivia and Rafael Correa of Ecuador had been invited to participate in the meeting with Lula and Chávez. However, the presidential office in Brasilia reported that the visit of both leaders to Manaus had been "planned (but) not confirmed."


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Worsening chronic poverty in Venezuelan households

11:00 AM. Economy. Based on the official data, more and more families failed to get out of poverty in 2008; the exclusion status of more people moved faster and fewer people are on their way to overcome this situation. According to the data provided by the official National Statistics Institute (INE), last year the poorest homes in the country recorded an average monthly income of USD 401.82, whereas the food basket amounted to 417.77

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