A new report by the Stockholm International Peace Research Institute found Venezuela cut its military budget by 34% last year, leading the region in arms spending cuts. In contrast, United States political allies Paraguay and Mexico led the region in upping military spending, raising military budgets by 13% and 11%, respectively.
The Third World countries of Asia, Africa and Latin America should form an alliance in order to “end imperialist domination,” Venezuelan vice-president Jorge Arreaza has said. Arreaza proposed a Third World alliance during a speech at the Asia-Africa Summit in Indonesia on April 25. Speaking as a special Latin American representative, Arreaza told the audience the alliance was needed to overthrow imperialism and end the unipolar system imposed on Southern nations.
Photo: Venezuelan Presidency Venezuelan President Nicolas Maduro inaugurated the 700,000th house built under a state-led initiative to provide housing to the most needy Venezuelans on April 17. During the celebration of the launch, part of the Great Mission for Venezuelan Housing program, Maduro said the program aimed to build hundreds of thousands of new houses between now and the end of next year.