of neoliberal globalization. Most notably, during his speech at the 2005 UN World Summit, he denounced development models that are organised around neoliberal guidelines such as liberalisation of capital flows, removal of trade barriers, and privatisation as the reason for the developing world's impoverishment. Chávez also went on to warn of an imminent global energy famine brought about by hydrocarbon depletion (based on Hubbert peak theory), stating that "we are facing an unprecedented energy crisis.... Oil is starting to become exhausted." Alessandro Parma reported in Venezuelanalysis that, on 7 November 2005, Chávez referenced the stalling of the FTAA, stating at the Fourth Summit of the Americas, held in Mar del Plata, Argentina, that "the great loser today was George W. Bush. The man went away wounded. You could see defeat on his face." Chávez also said that "the taste of victory" was apparent with regard to the promotion of his own trade alternative, the Bolivarian Alternative for the Americas (ALBA—Alternativa Bolivariana para América), which Venezuela and Cuba inaugurated on 14 December 2004. In 2005, Chávez demanded the extradition of Luis Posada Carriles, accused of conspiring to bomb Cubana Flight 455. A Texas judge blocked the extradition on the grounds that he could be tortured in Venezuela; the Venezuelan embassy blamed the Department of Homeland Security for refusing to contest such accusations during the trial. Chávez also requested the extradition of former Venezuelan officers and members of Militares democraticos, Lt. German Rodolfo Varela and Lt. Jose Antonio Colina, who are wanted for bombing the Spanish and Colombian embassies after Chávez made a speech criticizing both governments. 2006–2008 In December 2005, the BBC said that Chavez "has made no secret of the fact that he is in favour of amending the constitution so that he can run again for president in 2012." He has stated that he intends to retire from the Venezuelan presidency in 2021. The following year Chavez sought re-election and his approval ratings in August stood at 55%. In 2006 Chávez announced Venezuela's bid to win a non-permanent seat on the UN Security Council; Washington officials encouraged Latin American and Caribbean nations to vote instead for Guatemala. Analysts quoted by Forbes magazine said that Chávez would offer to supply 20% of China's crude oil needs if Beijing backed Venezuela's bid to join the UN Security Council. In Chile, the press was concerned that Venezuelan grants for flood aid might