CARACAS, Thursday November 06, 2008 | Update
Politics
Russian Deputy Prime Minister Igor Sechin is visiting Venezuela
to make preparations for the visit of Russian President Dmitry
Medvedev, AFP reported.
Sechin, who is accompanied by a group of Russian businessmen,
held a meeting on Wednesday with President Hugo Chávez
and Foreign Minister Nicolás Maduro.
During his stay in Venezuela, the deputy prime minister will
establish a high level Russian-Venezuelan commission to discuss
energy, finance, industry and technology topics as well as
military, spatial and nuclear issues.
Additionally, the Russian PM will be present in the starting
works to drill a natural gas well in the Gulf of Venezuela,
in a joint venture with the Russian oil and gas company Gazprom.
Venezuelan President Hugo Chavez has held up Russian economic
cooperation as evidence of the two countries' "strategic"
relations.
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