Tuesday, August 26, 2008

Latin America: Honduras moves closer to Venezuela

qHonduras, has become a member of the Bolivarian Alternative for the Americas, or ALBA - an alliance pushed by the man Washington loves to hate, Hugo Chavez.

Honduras is a member of a free trade pact between Central America and the United States and is seen as an ally of the U.S.

However, President Manuel Zelaya, a logging magnate seen as a moderate liberal, has been drifting toward closer ties with Venezuela's President Hugo Chavez who has used the pact and its oil wealth to expand its influence in the region.

"All the energy that they need ... in Honduras is assured for the next 100 years," Chavez told a cheering crowd of about 50,000 people in the Honduran capital.

ALBA also includes Cuba, Bolivia, Nicaragua and Dominica.

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Published by Mike Hitchen, Mike Hitchen Consulting