Chavez relied on the oil revenues of PDVSA as a cash cow to fund social development projects, food subsidies, and housing projects for his base.

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But the argument against such a move is that it would erode the tax base, allowing investments in renewable energy projects to become tax havens, as opposed to legitimate mechanisms by which green energy development would occur.

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She will be prepared to see EU funds diverted to major infrastructure projects and to see the capital base of the European Investment Bank expanded.

BBC: Euro crisis: Can Merkel and Hollande find compromise?

Sir Malcolm said that while DfID would not be able to maintain a base in Helmand province when UK troops withdraw, aid projects must continue through local partners.

BBC: Afghanistan may never be 'viable state' warn MPs

Wall Street boomed, the United Nations picked a Manhattan spot on the East River as its base, and developer Robert Moses lit a fuse on city projects that created the skyline that is so familiar to us today.

BBC: Jack Kerouac��s US road trip

The move forces Ralls Corp to divest its stake in the projects, which were located near restricted airspace used by the military base.

BBC: US blocks Chinese firm's investment in wind farms

When local projects are funded by the federal government, with its widespread tax base, we are susceptible to the illusion that the money is free.

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The projects financed by these loans make fiscal sense as long as they add enough to the local tax base to cover their costs.

ECONOMIST: China's property market: Home truths | The

Linux distributions, open source and proprietary software projects will benefit from Linaro's investment, with more stable code becoming widely available as a common base for innovation.

ENGADGET: ARM, Samsung, IBM, Freescale, TI and more join to form Linaro, speed rollout of Linux-based devices