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Russia sends two nuclear-capable bombers to Venezuela

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Two Russian nuclear-capable strategic bombers arrived in Venezuela on Monday, a deployment that comes amid soaring Russia-U.S. tensions.

Russia’s Defense Ministry said a pair of Tu-160 bombers landed at Maiquetia airport outside Caracas on Monday following a 6,200-mile flight. It didn’t say whether the bombers were carrying any weapons and didn’t say how long they would stay in Venezuela.

The ministry said the bombers were shadowed by Norwegian F-18 fighter jets during part of their flight. It added that a heavy-lift An-124 Ruslan cargo plane and an Il-62 passenger plane accompanied the bombers to Maiquetia.

The Tu-160 can carry conventional or nuclear-tipped cruise missiles with a range of 3,410 miles. Such bombers took part in Russia’s campaign in Syria, where they launched conventionally armed Kh-101 cruise missiles for the first time in combat.

Code-named Blackjack by NATO, the massive warplane is capable of flying at twice the speed of sound. Russia has upgraded its Tu-160 fleet with new weapons and electronics, and it plans to produce a modernized version of the bomber.

The bombers’ deployment follows Venezuelan President Nicolas Maduro’s visit to Moscow last week to shore up political and economic assistance even as his country has been struggling to pay billions of dollars owed to Russia.

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Russia is a major political ally of Venezuela, which has become increasingly isolated in the world under growing sanctions led by the United States and the European Union, which accuse Maduro of undermining democratic institutions to hold onto power while overseeing an economic and political crisis that is worse than the Great Depression.

Russian Defense Minister Sergei Shoigu said at last week’s meeting with his Venezuelan counterpart, Vladimir Padrino Lopez, that Russia would continue to send its military aircraft and warships to visit Venezuela as part of bilateral military cooperation.

Russia sent its Tu-160 strategic bombers and a missile cruiser to visit Venezuela in 2008 amid tensions with the United States after Russia’s brief war with Georgia. A pair of Tu-160s also visited Venezuela in 2013.

Russian-U.S. relations are at post-Cold War lows over Ukraine, the war in Syria and allegations of Russian meddling in the 2016 U.S. election. Russia has bristled at the United States and other NATO allies for deploying their troops and weapons near its borders.

Secretary of State Mike Pompeo said on Twitter that delivery of the planes exemplified “two corrupt governments squandering public funds, and squelching liberty and freedom while their people suffer.”

Asked about the Russian bombers, Col. Rob Manning, a spokesman for the Defense Department, said he had no specific information.

However, Manning cited the humanitarian assistance provided in Central and South American by a U.S. Navy hospital ship, the USNS Comfort, in the past eight weeks. Numerous Venezuelan migrants were among the people who received medical and dental treatment.

“Contrast this with Russia, whose approach to the manmade disaster in Venezuela is to send bomber aircraft instead of humanitarian assistance,” Manning said.

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REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]