Pfizer recently shut down one of its Venezuela plants, a move that has drawn much criticism from Venezuelan officials because of the fact that the U.S. drug company provides much needed medicine for large parts of the South American country.
The move would comprise just one of a growing trend of nationalized business in the country thanks to socialist leader Hugo Chavez. Venezuela’s rice business, as well as several oil and iron companies, has been taken over by the government already and Hugo Chavez has been advised by the Venezuelan trade minister to do the same with one of Pfizer’s plants.
Although …read more

Global DHL delivered 71 containers from Germany to Venezuela with the kite-powered MS Beluga Skysails cargo vessel last week, according to ENN. Tapping the wind power across the oceans allowed the ship to travel faster or decrease fuel consumption by 20%.
And the successful voyage is just in time to counter the criticism against the shipping industry for green house gas emissions:
(From ENN)The maiden voyage was completed at a time when ship-related greenhouse gas emissions are under fire from several fronts. Earlier this week, a report commissioned by the U.N. International Maritime Organization surfaced, finding that ship-related emissions, at 3.5 percent …read more