CARACAS, Thursday October 01, 2009 | Update
World Affairs
The Bolivarian revolution admires the "libertarian legacy of the beloved People's Republic of China," said President Hugo Chávez on Thursday.
In a notice to President Hu Jintao on the 60th anniversary of the proclamation of the Chinese republic, the Venezuelan head of state said that the Asian giant could count on Venezuela as a friend, and "on us, who are heading for socialism."
"In the name of the revolutionary spirit which unites us, we congratulate the honorable Chinese people and celebrate together with them their iron will to emerge as a free, sovereign nation. Let us celebrate this heroic people's victory. The Chinese people has stood up!," the letter read.
"This glorious day which inspires world revolutions arouses my endless admiration," he added.
01:11 PM.
Economy.
Domestic inflation rate in Venezuela was 1.7 percent in January, at the same rate as in December 2009, despite currency devaluation at the start of the year decreed by President Hugo Chávez, a senior government source told Reuters on Tuesday.