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Chávez says OPEC is calling for extraordinary meeting

Economy

Venezuelan President Hugo Chávez said on Wednesday that the Organization of Petroleum Exporting Countries (OPEC) is holding an extraordinary meeting, at a time when oil prices have dropped sharply amid concerns of global tumbling demand.

"(Venezuelan Minister of Energy and Petroleum) Rafael Ramírez told me Tuesday night that an extraordinary meeting of OPEC would be convened," said Chávez without elaborating during at an economic forum, Reuters reported.

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Bases of discord

04:17 PM. Western Hemisphere. "Damned empire; I curse you one thousand times; some day you will be finished off and wrecked. I curse you one thousand times, empire." This is the least that President Hugo Chávez has uttered to refer to the US government. In urging the Bolivarian Armed Forces to prepare for war, he said that a US raid on Venezuela through Colombia would trigger and spread over the region "the 100-year war."

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