No country on Earth has spent more money on military hardware the last two years than Venezuela. Now Hugo Chavez decides he needs a submarine fleet.
Russia plans to sell submarines to Venezuela: Russia is planning to sell at least five diesel submarines to Venezuela, a newspaper reported Thursday — a deal that would be certain to anger Washington and further strain already chilly U.S.-Russian relations. … Russia earlier supplied five similar submarines to China under a contract estimated to be worth US$1.8 billion. Moscow has also angered the United States by selling weapons to Syria and Iran.