Tuesday, August 26, 2008

Left behind by the U.S., Honduras turns to Chavez

Honduras, a longtime ally of the United States in Central America, says a lack of international support to tackle chronic poverty has forced it to seek aid from Venezuelan President Hugo Chavez.
On Monday, Honduras joined the Bolivarian Alternative for the Americas, or ALBA, an alliance of leftist leaders in Latin America headed by Chavez, a staunch U.S. foe. President Manuel Zelaya, a logging magnate seen as a moderate liberal, told Reuters that oil-rich Venezuela's offer to double international aid to the country, one of the poorest in Latin America, is unrivaled. 'I have been looking for projects from the World Bank, the Inter-American Development Bank, Europe and I have received very moderate offers ... that forces us to find other forms of financing like ALBA,' Zelaya said in an interview at his presidential palace. Chavez, a self-styled socialist who wants to build up opposition to U.S. influence in Latin America by offering oil and cash to poor countries, pledged $400 million a year in aid to tiny Honduras.

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