Venezuela to Develop Nuclear Technology With Russia's Help

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Posted: Sep 14, 2009 12:00 PM
Here's something to keep an eye on:
Venezuela President Hugo Chavez said the South American country plans to develop a nuclear energy program with Russia and doesn’t want to build an atomic bomb.

Chavez said that the country’s oil and gas reserves won’t last forever and the government will seek alternative energy sources. Russian Prime Minister Vladimir Putin agreed to help Venezuela’s nuclear energy program during a meeting in Moscow last week, Chavez said.

“We’re not going to make an atomic bomb, so don’t bother us like with Iran,” he said on state television. “We’re going to develop nuclear energy with peaceful purposes.”

Bloomberg.