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Russian warships arrive in Caribbean coast

VENEZUELA - Russian warships neared Venezuela's Caribbean coast on Tuesday in a show of strength meant to send a cautionary message to the United States and showcase Moscow's ambitions of making inroads in Latin America.

The deployment of a naval squadron led by the nuclear-powered cruiser Peter the Great is the first of its kind in the Caribbean since the Cold War and was timed to coincide with President Dmitry Medvedev's visit to Caracas - the first ever by a Russian president.

Venezuelan President Hugo Chavez has eagerly welcomed the Russian ships for exercises with his navy, basking in the support of a powerful ally that has sold him billions of dollars in arms and has seen a chill in its relations with Washington.

Chavez is looking to Russia for help building a nuclear reactor, investing in oil and natural gas projects and bolstering him and his leftist allies in limiting U.S. influence in Latin America. But just as Chavez is being forced to adapt to slumping oil prices, analysts say energy-rich Russia is also feeling the pinch and for now cannot afford a major benefactor role in South America.

"This whole crisis has affected Russia," said Ricardo Sucre Heredia, a Venezuelan political scientist. However, he said, Russia still has an economic interest in selling more weapons and boosting business in Latin America, and Venezuela can help to "open the doors."

"It's a win-win relationship for the two countries," Sucre said. "Russia gains in terms of its international power and its presence, and Venezuela gains in terms of having an ally."

Medvedev's trip this week to Peru, Brazil, Venezuela and Cuba was planned before the financial crisis, and Russia will now have to downsize its ambitions in Latin America because its pockets are no longer so deep, said Fyodor Lukyanov, the editor of Russia in Global Affairs Magazine.

CARACAS, Tuesday, AP

 

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