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Keyword: hugochavez

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  • Two minute video shows empty shelves at a Venezuelan supermarket

    05/28/2016 2:03:00 PM PDT · by grundle · 28 replies
    YouTube ^ | February 7, 2016 | TheKnino69
    https://www.youtube.com/watch?v=AtMODsO2NZ4
  • S. Africa bill to redistribute whites’ land to blacks risks leaving people homeless

    05/28/2016 3:26:36 PM PDT · by dontreadthis · 34 replies
    rt.com ^ | 27 May, 2016
    South Africa’s parliament has approved a bill that would see the government make compulsory land purchases from rich whites and redistribute it more fairly to address racial disparities, two decades after the fall of apartheid. The ruling African National Congress (ANC) has the August elections to consider, and the party has promised to ramp up the series of measures with its Expropriation Bill, South Africa’s Mail & Guardian reports. Having passed the National Assembly, which added changes on Thursday, the bill will now head to President Jacob Zuma’s desk for signing. The bill combines a series of measures that would...
  • Lava-Loving Tourists Flock to Active Nicaragua Volcano

    05/28/2016 11:58:49 AM PDT · by nickcarraway · 8 replies
    Phys.org ^ | May 27, 2016 | Blanca Morel
    Centuries ago, a native Central American people terrified of a witch believed to live deep in the earth used to sacrifice children and young women to Nicaragua's Masaya volcano. Today, the crater southwest of the capital Managua is an international tourist magnet, where photo-snapping visitors scramble among sulfurous fumes to get views of its bubbling lava—a rare sight. The only volcanoes in the world to boast lakes of incandescent magma are Masaya, Hawaii's Kilauea and Nyiragongo in the Democratic Republic of Congo, explained a Nicaraguan geographer and environmentalist, Jaime Incer.
  • Venezuelan Government

    05/25/2016 3:02:34 PM PDT · by rey · 7 replies
    25 May 2016
    I have recently heard reports on the news and read articles in newspapers and magazines concerning the current situation in Venezuela. To hear the reporters talk, the only problem is the death of Chavez. Seemingly, were the right dictator found all would be well. The most interesting thing, in all the mainstream media, I have yet to hear mention of what type of government is starving its people in Venezuela. None dare call it communism.
  • Price of corn flour in Venezuela soars 900 percent

    05/24/2016 9:03:28 AM PDT · by C19fan · 27 replies
    AFP ^ | May 24, 2016 | Staff
    Venezuelans on Tuesday woke up to discover that the government-controlled price of corn flour -- used to make corn patty arepas, a staple of local cuisine -- has risen 900 percent. The socialist government of President Nicolas Maduro had kept the price of corn flour frozen for 15 months at 19 bolivares a kilogram (two pounds).
  • Nicolás Márquez: Che Guevara’s Own Words Shatter His Myth

    05/24/2016 11:38:31 AM PDT · by fella · 31 replies
    Panam Post ^ | 18 Aug 2014 | Belen Marty
    Marxist Marketing Gimmick Cannot Overturn Murderous, Racist Legacy Nicolás Márquez is a lawyer, journalist, political analyst, and native resident of the coastal city of Mar Del Plata, Argentina. Above all, Márquez is a writer. Perhaps inspired by the fresh sea air that permeates the city, Márquez wrote El Canalla (The Scoundrel): The True Story of Che, where he brings to the surface the man beneath the myth, the Argentinean behind the Latin American, and the murderer underneath the façade of a righteous man. Márquez speaks slowly and possesses the enviable vocabulary and oratory skills of man who has been immersed...
  • Production of Coke halted in Venezuela for lack of sugar

    05/23/2016 3:32:18 PM PDT · by Red in Blue PA · 41 replies
    May 23 (Reuters) - The Venezuelan bottler of Coca-Cola has halted production of sugar-sweetened beverage due to a lack of sugar, a Coca-Cola Co spokeswoman said on Monday. Venezuela is in the midst of a deep recession, and spontaneous demonstrations and looting have become more common amid worsening food shortages, frequent power cuts and the world's highest inflation.
  • Imagine No Possessions, Imagine Venezuela

    05/23/2016 4:36:47 PM PDT · by Clintonfatigued · 34 replies
    The Federalist ^ | May 20, 2016 | Robert Tracinski
    About the same time I was listening to those girls sing “Imagine,” this item came across my news feed: By morning, three newborns were already dead. The day had begun with the usual hazards: chronic shortages of antibiotics, intravenous solutions, even food. Then a blackout swept over the city, shutting down the respirators in the maternity ward. Doctors kept ailing infants alive by pumping air into their lungs by hand for hours. By nightfall, four more newborns had died. “The death of a baby is our daily bread,” said Dr. Osleidy Camejo, a surgeon in the nation’s capital, Caracas, referring...
  • What Seven Hours of Waiting Will Get You in Venezuela

    05/23/2016 8:05:11 PM PDT · by grundle · 21 replies
    panampost.com ^ | August 19, 2015 | Editor’s note: the author of this article expressly asked not to be named for fear of reprisals.
    Take a Walk Down the Atrocity Covered in Wallpaper "The simplest explanation is usually the correct one." ~ Occam’s razor "Why can’t you get things? It is very difficult to explain. I understand you are upset, but you can’t give the oligarchy the upper hand. It’s a matter of being united … another economy is an option, the community economy, the one stemming from small producers … do not give these racketeers (the entrepreneurs) resources. You have to wait in line with us as well, but at least in the end you don’t pay as much." The above message is...
  • U.S. Embassy in Venezuela halts new visas for lack of personnel, high demand

    05/23/2016 1:43:06 PM PDT · by Oldeconomybuyer · 10 replies
    FOX News Latino ^ | May 23, 2016 | By Franz von Bergen
    The U.S. Embassy in Venezuela has temporarily stopped scheduling appointments for first-time visa seekers because of the consular staff is insufficient to serve the overwhelming demand, the consular office announced. The measure applies to all new tourist and business visas, for which an average of 1,800 applications were being filed daily. "We had to make this decision because in the last eight months [Venezuela's] Foreign Ministry hasn't responded to various requests to increase personnel," said Lola Petrova, the embassy spokeswoman. She said that with the current number of employees they can handle 800 daily appointments at the most. In an...
  • Editorial: The Left on the Run in Latin America

    05/23/2016 12:38:17 PM PDT · by Oldeconomybuyer · 18 replies
    New York Times ^ | May 23, 2016 | Editorial Board
    In 2004, Hugo Chávez and Fidel Castro launched the Bolivarian Alternative for the Peoples of Our Americas, a regional alliance of leftist leaders designed to subvert a hemispheric free trade agreement that the United States had been pushing for a decade. Today Latin America's leftist ramparts appear to be crumbling because of widespread corruption, a slowdown in China's economy and poor economic choices. For the most part, leaders failed to create diversified economies capable of withstanding slumps. The welfare and pension programs that kept voters loyal proved unsustainable. Leaders in Venezuela, Ecuador and Bolivia flouted democratic traditions by expanding or...
  • Democrazy: Venezuela Needs a Military Coup

    05/23/2016 8:37:54 AM PDT · by Sean_Anthony · 23 replies
    Canada Free Press ^ | 05/23/16 | Selwyn Duke
    Cautionary tale: When socialism is instituted democratically, it’s a good indication that your days of making decisions democratically may be numbered With Venezuela spinning out of control, it’s said that U.S. officials fear a military coup. We ought to ask “Why?” Democracy on the brain can be a dangerous condition. George W. Bush pursued his unwise “nation-building” policies under the assumption that, as he put it, “democracies don’t go to war with each other.” (Note: technically we’re speaking of “republics,” not democracies.) So WWI was the “war to end all wars,” and now there’s the political system to end all...
  • Venezuela arrests business owner because he somehow managed to acquire enough toilet paper...

    05/23/2016 8:07:52 AM PDT · by grundle · 33 replies
    wordpress ^ | May 22, 2016 | Dan from Squirrel Hill
    Venezuela arrests business owner because he somehow managed to acquire enough toilet paper to properly stock his employees’ bathrooms According to this article from the Atlantic, in Venezuela, a labor union at a private business has a clause in its contract which says that the bathrooms must always have toilet paper. I agree with the union on this.Since price controls caused a shortage of toilet paper, the only way the employer could get enough toilet paper was to illegally buy it on the black market for a price that was higher than the government controlled price.Now the government is accusing...
  • Venezuela’s Maduro: The U.S. wants to turn my military against me!

    05/23/2016 7:00:55 AM PDT · by Sean_Anthony · 16 replies
    Canada Free Press ^ | 05/23/16 | Dan Calabrese
    I'm praying that Venezuela can find a way back from this. And that the United States isn't dumb enough to go down the same road In case you haven’t heard, Venezuela went all in on feeling the Bern more than a decade ago. Socialism has been about as complete a disaster there as it’s possible for a thing to be. Just to give you one example: How does a country with more oil reserves than Saudi Arabia end up with a gas crisis? I’ll tell you how: A corrupt central-planning government mismanages its resources while making it impossible for anyone...
  • Venezuelan president in Jamaica for working visit (On verge of collapse???)

    05/22/2016 10:57:59 AM PDT · by PJ-Comix · 31 replies
    Jamaica Observer ^ | May 22, 2016
    KINGSTON, Jamaica (JIS) – The President of the Bolivarian Republic of Venezuela, Nicolas Maduro Moros, arrived in the island last night for a working visit. He was met on arrival at the Norman Manley International Airport in Kingston by Minister of Foreign Affairs and Foreign Trade, Senator Kamina Johnson Smith, among other dignitaries. Senator Johnson Smith said the visit is an important one, and is expecting fruitful talks from a bilateral meeting between President Maduro Moros and Prime Minister Andrew Holness today. The Venezuelan President is also expected to meet with Cabinet ministers.
  • Venezuela: Food and Medicine Shortages are a Government Policy

    05/21/2016 6:39:30 AM PDT · by fella · 16 replies
    panampost.com ^ | 20 May 2016 | Luis H. Ball
    President Maduro Deliberately Causes Shortages to Cow Venezuelan Citizens into Submission Even with the collapse of the price of oil, Venezuela’s total export revenue this year will yield a similar amount to Peru’s total exports. Peru and Venezuela have the same population, and the world knows there are no food lines in Peru and no one is dying for lack of medicines in that country. Unfortunately, most reporting by the international press on Venezuela’s current crisis, while mentioning the Chavista regime’s mismanagement and corruption, also places the blame on the economic crisis that befell the country after oil prices collapsed...
  • The Socialist Paradise Of Venezuela

    05/19/2016 4:04:30 PM PDT · by blueunicorn6 · 21 replies
    blueunicorn6 | 5/19/2016 | blueunicorn6
    They have a socialist paradise in Venezuela! People there receive "according to their needs". But you'd better not need much in Venezuela Lest you find your self buried under weeds. Oooooooooohhhhh! They're cooking cats on every corner in Caracas. In Maracaibo they make a meal of mud. Palmasolans put pepper on their pooches. Hugo Chavez sure turned out to be a dud! The professors in their classes in the US Tell their students that socialism is great. But I don't think they'd be asking for seconds If Spot and Mittens were cooked and on their plate! Oooooooooohhhhh! They're cooking cats...
  • 'We want food!': Venezuela crisis deepens

    05/18/2016 10:55:31 AM PDT · by Red Badger · 105 replies
    www.globalpost.com ^ | May 18, 2016 | Staff
    It was around noon when a food truck rolled up to a Venezuelan state-subsidized supermarket in the town of Guarenas just east of the capital. But, to the fury of the long line of people waiting out front, the cargo wasn't unloaded. Instead soldiers took it away. "We want food!" the crowd roared in protest, to no avail. Some tried to run after the truck. Under the state of emergency imposed by President Nicolas Maduro, the military, along with government-organized civilian committees, ensures that food packets are delivered door-to-door in order to -- as officials say -- cut out black...
  • Smartmatic: All Things Connected (our voting machines are Venezuelan)

    02/24/2014 5:22:29 AM PST · by mgist · 7 replies
    Vcrisis ^ | 8/2011 | Boyd
    Smartmatic: All Things Connected By Aleksander Boyd Smartmatic revisited 08.03.2011 London 14.08.05 | The Florida register of companies contains details of the board of directors of Smartmatic Corporation, which is formed by Antonio Mugica, Alfredo Anzola, Antonio Mugica Rivero, Roger Pińate, Antonio Mugica Sesma and Luis Feliu [1]. Its principal place of business is 1001 Broken Sound Parkway, NW, STE D, Boca Raton, FL 33487. The company's history in Venezuela dates back to seven years ago when the venture was "the Research and Development Unit of Panagroup in Venezuela" (sic) and in "2000 we realized the true impact of our...
  • Gold Reserve Gives Venezuela Till End of May to Pay $750 Million Expropriation Award

    05/17/2016 5:24:12 PM PDT · by ameribbean expat · 11 replies
    MIAMI -- For the second time, Venezuela has failed to pay mining company Gold Reserve the $750 million it has been awarded for Venezuela's expropriation of its gold mining operation in 2007.
  • Venezuela opposition rejects Maduro's state of emergency

    05/17/2016 5:55:33 PM PDT · by Olog-hai · 6 replies
    Associated Press ^ | May 17, 2016 7:07 PM EDT
    Venezuelan opposition leaders are rejecting a 60-day state of emergency declared by President Nicolás Maduro. Maduro declared the state of emergency over the weekend, giving himself decree powers to intervene in the economy and protect national sovereignty. He said the expanded powers were needed to guard against U.S. meddling in the socialist country. Opposition leader Henrique Capriles called the move unconstitutional Tuesday because Maduro acted unilaterally. Capriles said Venezuelans should reject the decree. …
  • Venezuela gives sweeping 'emergency' powers to security forces

    05/17/2016 7:03:52 PM PDT · by 2ndDivisionVet · 58 replies
    France 24 ^ | May 17, 2016 | News Wires
    Venezuela's army is to be backed by civilians grouped into ancillary security units, to tackle food shortages and public unrest, under a state of emergency decree published on Monday. The decree, published in the government gazette, brings into effect for at least 60 days sweeping powers President Nicolas Maduro announced on Friday. The measures give his government and security forces broad authorization to ignore most constitutional safeguards in a bid to keep order and supply basic food and services, and to counter a crippling energy shortage....
  • Venezuela opposition leader Capriles says army must choose

    05/18/2016 12:42:12 AM PDT · by Nextrush · 19 replies
    BBC News ^ | 5/17/2016 | BBC
    Venezuelan opposition leader Henrique Capriles has urged the army to choose whether it is 'with the constitution or with (President Nicolas) Maduro", after a state of emergency was declared. President Maduro has announced a 60-day emergency, giving soldiers and police wider powers to deal with the country's sprialling economic crisis. Mr. Capriles said the decree gave the president unconstitutional powers. He called on Veneuelans to ignore it and take to the streets on Wednesday. "We Venezuelans, will not accept this decree. This is Maduro putting himself above the constitution," Mr. Capriles told journalists. "To impose this, he'd better start preparing...
  • Venezuela's Parliament successfully votes to defy President's state of emergency

    05/18/2016 4:20:01 AM PDT · by Truth29 · 24 replies
    ABC Australia ^ | May 17, 2016 | Staff
    Venezuela's opposition has urged the public to defy a state of emergency that President Nicolas Maduro decreed over a nation sapped by food shortages and a collapsing economy. Key points: Opposition-controlled parliament rejects the President's state of emergency decree The opposition leader asks army: are you "with the constitution or with Maduro" Polls show 70 per cent of the population wants a new government The opposition-controlled National Assembly rejected the decree in a vote, saying it "deepens the severe disruption of constitutional and democratic order that Venezuela is suffering through".
  • Venezuela emergency decree boosts security powers (dictatorship)

    05/16/2016 6:21:16 PM PDT · by dynachrome · 19 replies
    Yahooooooooooo ^ | May 16, 2016 | Marc Burleigh
    Venezuela's army is to be backed by civilians grouped into ancillary security units, to tackle food shortages and public unrest, under a state of emergency decree published on Monday. The decree, published in the government gazette, brings into effect for at least 60 days sweeping powers President Nicolas Maduro announced on Friday. The measures give his government and security forces broad authorization to ignore most constitutional safeguards in a bid to keep order and supply basic food and services, and to counter a crippling energy shortage. But the opposition, which controls the National Assembly and is seeking Maduro's ouster through...
  • Venezuelan military tells customers not to take pictures of empty shelves in supermarkets

    01/10/2015 4:38:36 AM PST · by grundle · 23 replies
    wordpress ^ | January 10, 2015 | Dan from Squirrel Hill
    Dan from Squirrel Hill's Blog Venezuelan military tells customers not to take pictures of empty shelves in supermarkets The Venezuelan military has troops stationed in supermarkets, and they are telling customers not to take pictures of empty shelves. But that hasn’t stopped people from doing it. During the first week of 2015, the Twitter hashtag #AnaquelesVaciosEnVenezuela (“Empty shelves in Venezuela”) listed more than 200,000 tweets.For example: (posted here under fair use from https://twitter.com/Indiferencia/status/551547489565016064/photo/1 ) Nicolas Maduro, the country’s president, has continued the policies of Hugo Chavez, the country’s previous president who died in March 2013.Chavez was an incompetent, communist dictator, who...
  • Venezuela’s Chaos: Every day is like Insane Black Friday [six minute video]

    05/16/2016 11:28:11 AM PDT · by grundle · 29 replies
    YouTube ^ | December 17, 2015 | tuboKanal
    https://www.youtube.com/watch?v=isO52VeBUaQ
  • Chinese bullet train in Venezuela stalls as alliance derails

    05/15/2016 3:39:09 PM PDT · by dynachrome · 21 replies
    AP ^ | 5-14-16 | JOSHUA GOODMAN
    It was once billed as a model of socialist fraternity: South America's first high-speed train, powered by Chinese technology, crisscrossing Venezuela to bring development to its backwater plains. Now all but abandoned, it has become a symbol of economic collapse — and a strategic relationship gone adrift. Where dozens of modern buildings once stood, cattle now graze on grass growing amid the rubble of the project's gutted and vandalized factory. A red arched sign in Chinese and Spanish is all that remains of what until 16 months ago was a bustling complex of 800 workers. That's when the project's Chinese...
  • [03/10/2016] Venezuela´s socialist president praises Bernie Sanders' 'revolutionary' message

    05/14/2016 7:09:45 PM PDT · by BenLurkin · 9 replies
    latino.foxnews.com ^ | 03/10/2016 | Franz Von Bergen
    ...praised the Vermont lawmaker and even empathized with his humble beginnings. “He is an emerging candidate with a renovating and revolutionary message,” Maduro told a crowd congregated in Caracas to commemorate the “Anti-Imperialism Day” — a holiday created last year to mark March 9 as the day President Obama declared Venezuela a national security threat. ... Meanwhile, during the Wednesday night debate Sanders was asked to comment on positive remarks he made in the past about Cuba’s Fidel Castro and Nicaragua’s Daniel Ortega, two close allies of Venezuela’s Chavismo. One of the hosts played a 1985 video in which Sanders...
  • Venezuela opposition slams 'desperate' Maduro state of emergency

    05/14/2016 6:34:23 PM PDT · by Impala64ssa · 12 replies
    Reuters ^ | 5/14/16 | Alexandra Ulmer and Corina Pons
    Venezuela's opposition on Saturday slammed a state of emergency decreed by President Nicolas Maduro and vowed to press home efforts to remove the leftist leader this year amid a grim economic crisis. Maduro on Friday night declared a 60-day state of emergency due to what he called plots from Venezuela and the United States to subvert him. He did not provide specifics. The measure shows Maduro is panicking as a push for a recall referendum against him gains traction with tired, frustrated Venezuelans, opposition leaders said during a protest in Caracas. "We're talking about a desperate president who is putting...
  • Maduro Orders Seizure of Closed Venezuela Factories, Jailing of Owners

    05/14/2016 5:39:09 PM PDT · by Publius · 198 replies
    MSN ^ | 14 May 2016
    Venezuelan President Nicolas Maduro on Saturday ordered authorities to seize factories that have stopped production and jail their owners, a day after declaring a state of emergency to combat the country's economic crisis. "We must take all measures to recover productive capacity, which is being paralyzed by the bourgeoisie," he told a rally in Caracas. "Anyone who wants to halt (production) to sabotage the country should get out, and those who do must be handcuffed and sent to the PGV (Venezuelan General Penitentiary)," he said.
  • “Venezuela Is on the Brink of Social Collapse,” National Guardsman (coup time?)

    05/14/2016 5:23:34 PM PDT · by dynachrome · 47 replies
    PanAm Post ^ | 5-14-16 | Staff
    At the moment, the armed forces’ position vis-ŕ-vis the government is not clear. Some speculate that the Bolivarian National Guard is divided. Others claim that the regime exerts full control over the Bolivarian National Guard’s members. The only certainty is that uncertainty abounds. The PanAm Post had the opportunity to interview a Bolivarian National Guard member of middle rank, who asked to remain anonymous since his views could expose him to danger. Why has the state launched an offensive against criminal groups? The situation was getting out of hand for political reasons. The state has no means to control criminal...
  • Venezuela president declares emergency, cites U.S., domestic 'threats'

    05/13/2016 10:38:46 PM PDT · by Dallas59 · 9 replies
    Reuters ^ | Fri May 13, 2016 | Reuters
    Venezuelan President Nicolas Maduro declared a 60-day state of emergency on Friday due to what he called plots from within the OPEC country and the United States to topple his leftist government. Maduro did not provide details of the measure. A previous state of emergency, implemented in states near the Colombian border last year, suspended constitutional guarantees in those areas, except for guarantees relating to human rights.
  • U.S. intelligence warns of Venezuela collapse (Socialism)

    05/13/2016 10:34:18 PM PDT · by Dallas59 · 18 replies
    LA Times ^ | 5/13/2013 | LA Times
    With dire shortages of basic goods, a looming foreign debt payment, horrific street crime and intransigent political divisions, Venezuela is in danger of collapsing into waves of deadly violence, U.S. intelligence officials warned Friday. Venezuela, which controls the world's largest reserves of crude oil, is in the throes of a potentially explosive political stalemate after opposition parties gained a majority in the national congress in elections late last year. President Nicolas Maduro, a leftist, faces a possible recall vote sponsored by the opposition that he is maneuvering to block.
  • Leader opposition party in Venezuela assassinated

    05/07/2016 8:53:55 PM PDT · by Kush · 26 replies
    Fox News latino ^ | 5/7/2016 | Unknown
    Venezuelan politician German Mavare, leader of the opposition UNT party, died Friday after being shot in the head, an assassination that occurred in the western state of Lara, his organization said. latino.foxnews.com
  • How bad is it in Venezuela? Soldiers are stealing goats

    05/04/2016 10:01:43 AM PDT · by C19fan · 36 replies
    CNBC ^ | May 4, 2016 | Fred Imbert
    The situation in Venezuela has become so bad that even soldiers are struggling to support themselves. Over the weekend, six members of the Venezuelan military were detained by local authorities for stealing goats, the Venezuelan newspaper El Nacional reported Sunday. It said the soldiers confessed to stealing the goats and said they did it to feed themselves, since they had no food left in their barracks.
  • Venezuela opposition submits 1.85 million signatures in recall effort

    05/02/2016 2:28:25 PM PDT · by StCloudMoose · 7 replies
    reuters ^ | 5/2/16
    see what happens when they run out of beer: Venezuela's opposition said it delivered 1.85 million signatures to the country's elections authority on Monday as part of the process of seeking a recall referendum against President Nicolas Maduro. Food and medicine shortages, triple-digit inflation, rampant violent crime and increasingly frequent water and power cuts have stoked anger against Maduro. The Democratic Unity coalition (MUD) gathered far more than the required 1 percent of voters' signatures, or nearly 200,000, needed to trigger the next phase of a recall referendum. "With this successful strategy the MUD has progressed in achieving urgent political...
  • Beer Becomes the Latest Scarcity in a Venezuela Crippled by Shortages

    04/30/2016 2:57:13 PM PDT · by PJ-Comix · 69 replies
    Wall Street Journal ^ | April 29, 2016 | JUAN FORERO and MAYELA ARMAS
    CARACAS, Venezuela—The largest private Venezuelan company and producer of 80% of the beer consumed here began to shut down its last beer plant on Friday, the latest deprivation in a country crippled by shortages. After Empresas Polar SA closed its three other beer plants over the past several days, the shutting of the San Joaquin plant, near Valencia, will leave just a week’s supply of beer, the company said. Like many other firms here, Polar blames the government, which hasn’t allocated the dollars the company needs to pay for imported raw materials such as malted barley. President Nicolás Maduro’s government...
  • Looting On the Rise As Venezuela Runs Out of Food, Electricity

    04/28/2016 4:55:05 AM PDT · by Oldeconomybuyer · 50 replies
    PanAm Post ^ | April 27, 2016 | by Sabrina Martín
    Food Producers Alert They Have Only 15 Days Left of Inventory amid Rampant Inflation. Despair and violence is taking over Venezuela. The economic crisis sweeping the nation means people have to withstand widespread shortages of staple products, medicine, and food. So when the Maduro administration began rationing electricity this week, leaving entire cities in the dark for up to 4 hours every day, discontent gave way to social unrest. On April 26, people took to the streets in three Venezuelan states, looting stores to find food. Maracaibo, in the western state of Zulia, is the epicenter of thefts: on Tuesday...
  • This Is The End: Venezuela Runs Out Of Money To Print New Money

    04/27/2016 5:29:50 PM PDT · by SeekAndFind · 54 replies
    Zero Hedge ^ | 04/27/2016 | Tyler Durden
    Back in February, when we commented on the unprecedented hyperinflation about the be unleashed in the Latin American country whose president just announced that he would expand the "weekend" for public workers to 5 days...... we joked that it is unclear just where the country will find all the paper banknotes it needs for all its new physical currency. After all, central-bank data shows Venezuela more than doubled the supply of 100-, 50- and 2-bolivar notes in 2015 as it doubled monetary liquidity including bank deposits. Supply has grown even as Venezuela has fewer U.S. dollars to support new...
  • Venezuela Doesn't Have Enough Money to Pay for Its Money [Bloomberg Link Only]

    04/27/2016 10:12:27 AM PDT · by C19fan · 17 replies
    Bloomberg [Link Only] ^ | April 27, 2016 | Andrew Rosati
    here
  • PROTESTS AS VENEZUELA EMBRACES 2-DAY WORKWEEK TO SAVE POWER

    04/27/2016 10:01:06 AM PDT · by PROCON · 31 replies
    AP ^ | April 27, 2016 | HANNAH DREIER
    CARACAS, Venezuela (AP) -- Venezuelan cities cleaned up from a night of looting and fiery protests Wednesday as government offices closed their doors for the rest of the week in the face of a worsening energy crisis that is causing daily blackouts. The socialist administration began imposing a four-hour daily blackout around the country this week to save power. Then on Tuesday, President Nicolas Maduro announced that millions of officials will now work only Monday and Tuesday.
  • Venezuela Imposes 2 Day Work Week To Save Energy

    04/27/2016 7:32:32 AM PDT · by Oldeconomybuyer · 34 replies
    The Huffington Post ^ | April 26, 2016 | by Andrew Cawthorne and Daniel Kai
    CARACAS (Reuters) - Venezuela's socialist government ordered public workers on Tuesday to work a two-day week as an energy-saving measure in the crisis-hit South American OPEC country. President Nicolas Maduro had already given most of Venezuela's 2.8 million state employees Fridays off during April and May to cut down on electricity consumption. Water shortages and electricity cuts have added to the hardships of Venezuela's 30 million people, already enduring a brutal recession, shortages of basics from milk to medicines, soaring prices, and long lines at shops.
  • In Venezuela, Former Chavistas Risk Lives Fighting over a Bag of Onions

    04/27/2016 7:55:23 AM PDT · by detective · 20 replies
    Breitbart ^ | 26 Apr 2016 | Frances Martel
    A disturbing video of a crowd physically beating each other to get at a select few bags of onions outside a supermarket in Venezuela highlights the struggle the average Venezuelan must endure to keep his or her family fed in the increasingly impoverished socialist nation.
  • Venezuela Runs Out of Beer

    05/01/2016 6:12:45 AM PDT · by SeekAndFind · 50 replies
    Reason ^ | 04/30/2016 | Ed Krayewski|
    Venezuela's largest privately-owned beer company has stopped producing beer after running out of malted barley (or, more specifically, running out of foreign currency with which to buy malted barley). The company, Empresas Polar, stopped production yesterday—it warned last week that it would run out of malted barley by then. Polar is putting "your drunk uncle's favorite political forecast to the test," Francisco Toro of the Caracas Chronicles wrote. "You know the one I'm talking about, right? That one uncle of yours who gets drunk at every family gathering and starts to rant about how the only way we're going to...
  • Venezuela’s Empresas Polar May Have to Stop Making Beer Because of Dollar Shortage

    04/22/2016 12:11:44 PM PDT · by PJ-Comix · 20 replies
    Wall Street Journal ^ | April 21, 2016 | JUAN FORERO
    Venezuelans grumbling over the scarcity of food and toilet paper may soon face another shortage, beer produced by Empresas Polar SA., the country’s largest private company and biggest beer maker. Polar said on Thursday that it will be forced to stop producing beer next week because it cannot get the U.S. dollars, which are controlled by the government, to import the malted barley needed to brew. Under Venezuela’s stringent currency exchange system, only the government can legally control dollars, which companies need to import raw materials, food, machine parts and other supplies.
  • Venezuela to begin electricity rationing

    04/22/2016 12:00:04 PM PDT · by Truth29 · 18 replies
    Al Jazeera ^ | April 22, 2016 | Staff
    Venezuela's government has said it will turn off electricity supply in its 10 most populous states for four hours a day for at least 40 days to deal with a severe power shortage.(Snip)Recently, the country's main brewery Polar, which is part of Venezuela's largest cooperative Empresas Polar, announced that it would stop production as a result of financial difficulties. The company, which produces 80 percent of the country's beer, says thousands of workers will lose their jobs as a result of the stoppage.
  • Venezuela is shipping gold to pay debt

    02/25/2016 5:44:22 PM PST · by BenLurkin · 24 replies
    krcrtv ^ | 02/25/2016 | Patrick Gillespie
    Venezuela sent $1.3 billion worth of gold bars to Switzerland in mid-January, according to data from the Swiss Federal Customs Administration. That gold was shipped out just weeks before two big debt payments due this month, totaling $2.3 billion. On Friday alone, Venezuela has to pay bondholders $1.5 billion. Venezuela is running out of cash and many experts believe there's a high chance it will default by this fall when a string of big debt payments are due. "It's a question of when Venezuela will default, not if," says Russ Dallen, managing partner at LatInvest, a firm that invests in...
  • Venezuela: Opposition Claims Gov’t Hiding Up to 500,000 Zika Cases

    02/23/2016 6:47:47 AM PST · by C19fan · 3 replies
    Breitbart ^ | February 22, 2016 | Mary Chastain
    Venezuelan opposition legislator José Manuel Olivares claims the country has under-reported cases of the Zika virus and the country lacks necessary medical supplies to properly combat the outbreak sweeping the region. “I hope that President Nicolas Maduro will not continue putting policy and ideology before the health and life of Venezuelans,” he declared.
  • Small problem: Socialist Venezuela has run out of food

    02/19/2016 2:13:00 PM PST · by Sean_Anthony · 53 replies
    Canada Free Press ^ | 02/19/16 | Dan Calabrese
    Oh, and the power's out, so they can't preserve what little is sitting around. I’m sure the Bernie lovers will come up with a reason this is different and not the same, but every policy the Chavistas have put in place in Venezuela since the revolution has more or less tracked to what Bernie Sanders would do here - with one exception. At least Hugo Chavez and his hapless successor Nicolas Maduro believed in exploiting the country’s oil resources. It’s just that they used them to grease their own palms rather than meet the needs of their people, which is...