BREAKING NEWS

Venezuela gets $2.2B in credit for Russian arms

Russia has opened a $2.2 billion line of credit for Venezuela to purchase weapons including armored vehicles and surface-to-air missiles, Venezuelan President Hugo Chavez said Sunday. Venezuela is buying more arms because it feels threatened by Colombia's decision to give US troops greater access to its military bases, Chavez said. Repeating a frequent theme of his presidency, the socialist leader said the United States would like to invade Venezuela and seize the country's oil fields. He said the bases in Colombia could help the US stage such an attack.
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