World

March 6, 2013

Many in Latin America fear Hugo Chavez’s death will end Venezuela’s Santa role

Some 17 countries gained benefits under Hugo Chavez’s Petrocaribe program, under which Venezuela sent about 10 percent of its crude oil production to member states under generous terms. It permitted them to repay in part in goods or services – sugar, beans, rice – rather than in cash. Many now wonder about the program’s future.

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