Patrick Esteruelas Quotes

Whenever Chavez feels threatened, he plays up the nationalist card. In the past seven years, whenever he feels that his message hasn't delivered the expected results, he uses the nationalism. - Patrick Esteruelas

This sale is in line with Venezuela's efforts to modernize many of branches in its armed forces. Many of these purchases are designed to move away from equipment that was almost uniquely sourced to the U.S. - Patrick Esteruelas

The main issue to watch is who is likely to emerge stronger and prevail in terms of overall influence and leadership in the region, be it Chavez or be it Bush. - Patrick Esteruelas

Chavez hasn't reached his financial limit, but he is nearing it. - Patrick Esteruelas

A large majority of companies are willing to accept tighter terms. Venezuela has large untapped potential reserves and oil prices remain very high. - Patrick Esteruelas

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