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Cuban workers walk along the new Venezuelan-Cuban oil refinery Camilo Cienfuegos 20 December, 2007 in Cienfuegos, some 280km east from Havana. Venezuelan President Hugo Chavez will inaugurate the refinery on Friday in the sidelines of the fourth summit of Petrocaribe, a Venezuelan initiative to provide oil to Caribbean neighbors at preferential prices. Chavez will head the summit with acting president Raul Castro. AFP PHOTO/ADALBERTO ROQUE (Photo credit should read ADALBERTO ROQUE/AFP/Getty Images)
Cuban workers walk along the new Venezuelan-Cuban oil refinery Camilo Cienfuegos 20 December, 2007 in Cienfuegos, some 280km east from Havana. Venezuelan President Hugo Chavez will inaugurate the refinery on Friday in the sidelines of the fourth summit of Petrocaribe, a Venezuelan initiative to provide oil to Caribbean neighbors at preferential prices. Chavez will head the summit with acting president Raul Castro. AFP PHOTO/ADALBERTO ROQUE (Photo credit should read ADALBERTO ROQUE/AFP/Getty Images)

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This is what Venezuela needs to fix its economy

The Venezuelan economy is still crippled by soaring inflation and a lack of investment in its oil industry. CNN's Paula Newton reports from Caracas, Venezuela.

This is what Venezuela needs to fix its economy

The Venezuelan economy is still crippled by soaring inflation and a lack of investment in its oil industry. CNN's Paula Newton reports from Caracas, Venezuela.