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Keyword: venezuela

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  • Socialist militants storm Mass in Venezuela

    02/16/2017 2:10:20 PM PST · by ebb tide · 11 replies
    Catholic Herald ^ | February 16, 2017 | Staff Reporter
    Militant socialists stormed a Mass in Venezuela on Sunday, shouting slogans such as “Satan in a cassock” and “fascist!” Congregants told Reuters that about 20 people barged in to San Pedro Claver church in the “23 De Enero” community, shouting “Chavez lives!” The area is militantly loyal to Venezuela’s socialist government. Luis Arias, 67, a catechism teacher, said: “Some people were scared, obviously, but no one was hurt. “They said: ‘Because the priests have spoken about politics, we have the right too.'” The leader of the group, who works at a nearby radio station, made a political speech from the...
  • Trump Welcomes Wife of Venezuelan Political Prisoner, Keeping Vow to Oppressed Latinos

    02/16/2017 9:51:27 AM PST · by detective · 5 replies
    Breitbart ^ | 16 Feb 2017 | Frances Martel
    President Donald Trump met Lilian Tintori, the wife of Venezuela’s most prominent prisoner of conscience, at the White House Wednesday night, demanding freedom for Popular Will party leader Leopoldo López “immediately.”   The President met Tintori along with Vice President Mike Pence and Senator Marco Rubio, who had delivered a speech against the oppressive Venezuelan socialist regime to the Senate floor on Wednesday. Trump posted a photo of the group together to Twitter Wednesday night, with the message “Venezuela should allow Leopoldo Lopez, a political prisoner & husband of @liliantintori (just met w/ @marcorubio) out of prison immediately.”
  • Venezuelan Regime Feels the Iron-Tipped Boot of Trump

    02/16/2017 7:07:36 AM PST · by RoosterRedux · 7 replies
    americanthinker.com ^ | Monica Showalter
    Twitter was ablaze this morning with screechings from Venezuela's Chavista regime, infuriated at the powerful show of force against their brutal, discredited regime coming from President Trump. Taking an in-your-face approach just three weeks into his presidency, President Trump met with Liliana Tintori, the wife of imprisoned dissident leader Leopoldo Lopez, who was thrown into a dank Chavista dungeon without trial on absolutely phony charges of starting a riot a few years ago. What a hell of a change from the mealy-mouthed, don't-upset-them approach seen from the Obama and, to some extent, even George Bush White Houses. Trump not only...
  • Venezuela should allow Leopoldo Lopez....(Donald J. Trump on Twitter)(with photo)

    02/16/2017 6:20:28 AM PST · by Nextrush · 4 replies
    Twitter/Real Donald Trump ^ | 2/15/2017 (359pm) | Donald J. Trump
    Venezuela should allow Leopoldo Lopez, a political prisoner and husband of @lilliantintori (just met w/@msrcorubio) out of prison immediately.
  • Macri, Trump discuss region on phone (President of Argentina)

    02/15/2017 9:22:58 PM PST · by 2ndDivisionVet · 10 replies
    Web India 123 ^ | February 16, 2017 | IANS
    US President Donald Trump has chatted briefly with his Argentine counterpart, Mauricio Macri, on telephone discussing the region and Venezuela "in particular", a media report said. During the five-minute call on Wednesday, Trump reiterated his invitation to Macri to visit Washington and also said that he was "very happy" because new jobs were being created in the US, the Argentine President's office said in a statement. This was the second of such calls between the two leaders since Trump won the November 2016 election. Argentina said that the two leaders' talk was very cordial, but provided no further details, Efe...
  • 'I Don't Want Problems' With Trump, Says Venezuela's Maduro

    02/15/2017 6:30:37 PM PST · by nickcarraway · 13 replies
    Channel News Asia ^ | 16 Feb 2017
    Venezuela's socialist leader Nicolas Maduro said on Wednesday that he wanted to avoid confrontation with new U.S. President Donald Trump.
  • White Hats Within Intel are Working Furiously, But Are You Paying Attention?

    02/13/2017 7:19:58 PM PST · by detective · 5 replies
    Conservative Treehouse ^ | February 13, 2017 | Sundance
    There are obvious connections being missed, intentionally so by the leftist U.S. Media, and you must consistently remind yourself to elevate, look closely at the constructs and connect your own dots. The leftist Trump-hating black-hat-aligned media will not outline the consequential. The media are filled with professional leftists/activists who hate everything America stands for.
  • U.S. calls Venezuela's vice president an international drug trafficker

    02/13/2017 7:12:45 PM PST · by tcrlaf · 18 replies
    CNN ^ | 2-13-2017 | CNN
    U.S. authorities on Monday said the vice president of Venezuela was an international drug trafficker and slapped severe sanctions on him. The Treasury Department's Office of Foreign Assets Control (OFAC) said Tareck El Aissami has played a "significant role in international narcotics trafficking," a news release said. "OFAC's action today is the culmination of a multi-year investigation under the Kingpin Act to target significant narcotics traffickers in Venezuela and demonstrates that power and influence do not protect those who engage in these illicit activities," said John Smith, acting director of OFAC. El Aissami, who was appointed vice president of Venezuela...
  • AP Sources: US Sanctions Venezuela’s New Vice President

    02/13/2017 4:38:59 PM PST · by Enterprise · 19 replies
    http://dfw.cbslocal.com ^ | February 13, 2017 | AP Sources
    The Trump administration is slapping sanctions on Venezuela’s new Vice President Tareck El Aissami and accusing him of playing a major role in international drug trafficking. (snip) The U.S. is also sanctioning Samark Bello, a wealthy businessman connected to El Aissami who has held significant business interests in the U.S. The U.S. says Bello provided assistance or support to El Aissami’s trafficking activities.
  • Venezuela Kicks CNN Out Of Country For Creating FAKE NEWS!

    02/13/2017 1:28:09 PM PST · by davikkm · 3 replies
    thegatewaypundit ^ | Ryan Saavedra
    The Panama Post is reporting that Venezuelan President Nicolás Maduro has officially expelled CNN from the country after the news network once again was dishonest with it’s reporting. From the Panama Post: Maduro said Sunday he wants CNN “outside” Venezuela after he claimed the news channel manipulated information about a student’s complaint regarding the lack of food at school. “Some media like CNN tried to manipulate information,” he said. “They can not manipulate information like that, it’s our affair, of Venezuelans. CNN does not need to put its nose in Venezuela … I want CNN well away from here.” This...
  • Nicolas Maduro Kicks CNN Out Of Venezuela, Accuses It Of Spreading Fake News

    02/13/2017 9:58:30 AM PST · by SeekAndFind · 39 replies
    Zero Hedge ^ | 02/13/2017
    While tensions between President Trump and CNN dying down, a new scandal has erupted for the cable news network after Venezuela’s President Nicolas Maduro said on Sunday he wanted CNN out of the country, accusing it of spreading fake news, misrepresenting the truth and meddling in issues that are not of its concern."CNN, do not get into the affairs of Venezuelans. I want CNN well away from here. Outside of Venezuela. Do not put your nose in Venezuela," said Maduro during a political statement. Quoted by Fox News, Maduro made the comment after blaming the U.S. network of distorting...
  • Hungry Venezuelans killing flamingos and anteaters for food, biologists say

    02/11/2017 2:39:40 PM PST · by Zakeet · 49 replies
    Miami Herald ^ | February 10, 2017 | Gustavo Ocando
    Biology student Luis Sibira stumbled across the first set of gory remains last November: eight pink flamingos, their breasts and torsos sliced out, leaving their heads, spindly legs and vivid feathers scattered across the marshy ground at Las Peonias Lagoon in western Venezuela. [Snip] There are other signs that food shortages have led to the slaughtering of animals not generally considered meat: giant anteaters, for one. The university investigators - biologists and biology students - say they have kept records to show that dozens of the slow-moving creatures, classified as "vulnerable" by the International Union for Conservation of Nature, also...
  • Why Venezuela's socialist meltdown COULD actually happen in the US

    01/25/2017 7:35:16 PM PST · by Tolerance Sucks Rocks · 17 replies
    Conservative Review ^ | January 25, 2017 | Logan Albright
    There’s a predictable checklist for meltdowns in socialist countries, and it’s playing out with tragic regularity in Venezuela. Nationalize agriculture? Check. Start government-enforced rationing when the food supply dries up? Check. Seal the border when people try to flee to buy food elsewhere? Check. The next step, and usually one of the last before total collapse, is runaway inflation. That’s what we’re starting to see in Venezuela. Rapid inflation, called hyperinflation by economists when it gets really bad, is one of the deadliest poisons for any economy. The spiral is usually triggered when a government prints too much money to...
  • Venezuela's President: Trump won't be worse than Obama

    01/17/2017 9:24:56 AM PST · by Brad from Tennessee · 15 replies
    Yahoo News! ^ | January 17, 2017 | By JORGE RUEDA
    CARACAS, Venezuela (AP) — President-elect Donald Trump has received a backhanded compliment from the United States' arch nemesis in Latin America. Venezuelan President Nicolas Maduro said Monday night that he is keeping an open mind about Trump and hopes to maintain respectful relations with the incoming Republican administration. But he said he was certain that whatever geopolitical changes Trump ushers in they won't be more harmful than the policies promoted by the outgoing Barack Obama. "He won't be worse than Obama, that's the only thing I dare to say," Maduro said on state TV alongside OPEC Secretary-General Mohammad Sanusi Barkindo...
  • Venezuela To Propose New Deal ‘To Fix’ The Oil Markets

    01/16/2017 3:48:43 PM PST · by bananaman22 · 21 replies
    Oilprice.com ^ | 16-01-2016 | Para
    Recession-struck Venezuela will send a new proposal to OPEC and non-OPEC producers to try to stabilize crude oil prices, Venezuelan President Nicolas Maduro said on Sunday. “Venezuela, as of next week, will circulate a letter with a new proposal, a new formula for the stability of real and just prices so that it can be studied and debated by all the governments that have signed this deal,” the president said in a speech, without providing details, as quoted by Reuters. Venezuela was one of the most vehement supporters and promoters of OPEC’s supply-cut deal, in which OPEC and 11 non-cartel...
  • Rex Tillerson's old feud with Venezuela may play role in bilateral relation

    01/11/2017 3:02:10 PM PST · by Clintonfatigued · 18 replies
    Fox News ^ | January 11, 2017
    Donald Trump’s pick for Secretary of State, Rex Tillerson, is a familiar name in Venezuela – and some are wondering if a decade-old feud will play a role in the bilateral agenda. The longtime chief executive officer of Exxon Mobil became persona non grata among socialist Chavistas in the late 2000s, when he confronted then President Hugo Chavez as they negotiated compensation arrangements after the oil industry was nationalized. “I don’t know if Tillerson will personalize his relationship with Venezuela or implement an institutional policy,” said Venezuelan analyst Luis Salamanca to FoxNews.com, also pointing out that the U.S. has nothing...
  • Venezuela boosts minimum wage by 50 percent

    01/09/2017 3:19:18 PM PST · by NormsRevenge · 40 replies
    Yahoo! News ^ | 1/8/17 | AFP
    Caracas (AFP) - Embattled President Nicolas Maduro on Sunday raised the minimum wage by 50 percent in Venezuela, a country with astronomical inflation. Maduro said he was raising the minimum wage to 40 bolivars, about 60 dollars at the highest official exchange rate, or $12 on the black market. "To get the year started, I have decided to raise the minimum wage," the president sad on his weekly show on state television. ... Venezuela has been rocked by low prices for its key export, oil. Now in its third year of a deep recession, it is facing severe shortages of...
  • Venezuelan Jews Are Moving To Israel To Escape Deepening Poverty

    01/01/2017 8:02:13 PM PST · by goldstategop · 25 replies
    Washington Post ^ | 01/01/2017 | Ruth Eglash
    EIT SHEMESH, Israel — When Daniel Oritz moved to Israel from Venezuela , his first meal was a bowl of chicken soup. He took one spoonful and began to cry. For him, the soup signified an escape from the poverty and deprivation he has experienced for more than two years. “We were very hungry,” said Oritz, who moved in November. “There was no meat, no sugar, no pasta.” Venezuela’s economic crisis is so severe that citizens must wait in lines for hours at grocery stores to buy basic staples, or pay exorbitant prices on the black market. Some have even...
  • People Try The Venezuelan Diet(Snowflakes see the horrors of socialism)

    12/31/2016 10:40:09 PM PST · by DallasBiff · 20 replies
    Youtube ^ | 12/15/16 | Pero Like
    Millenial Snowflakes think they are going to be treated to Venezuelan cuisine, they are so excited, but then they are in for a big surprise.
  • Venezuela frees jailed activists, ex-presidential candidate

    12/31/2016 9:28:37 AM PST · by Olog-hai · 6 replies
    Associated Press ^ | Dec 31, 2016 10:55 AM EST | Jorge Rueda
    Venezuela’s government has freed a former presidential candidate and several student activists who were jailed during anti-government protests in 2014. Former opposition candidate Manuel Rosales was imprisoned in October 2015 on charges of illicit enrichment upon returning to Venezuela after six years of exile in Peru. A former governor of Zulia state who ran for president in 2006, he was released before dawn Saturday along with five other activists who opposition groups consider to be political prisoners. The releases come as a two-month-old, Vatican-mediated attempt at dialogue to ease tensions stemming from the country’s deep economic and political crisis hangs...
  • Such a sad Christmas (Venezuela)

    12/24/2016 7:45:36 PM PST · by Nextrush · 25 replies
    Venezuela News And Views ^ | 12/24/2016 | Daniel Duquenal
    This is the saddest Christmas I have ever seen in Venezuela. Admittedly Christmas may be sad for some according to family or health issues, but the country as a while still somehow manages to get into the spirit. But this year the people gave up. They just gave up. How could it be otherwise? People do not even have enough cash, literally for shopping the Christmas essentials. In Venezuela that would be to build up an Hallaca, the Christmas dish. And even if you had enough banknotes, or a well furbished checking account, there are so many staples that cannot...
  • 'Santa Claus isn't coming,' recession-hit Venezuelans tell kids

    12/20/2016 7:23:44 AM PST · by C19fan · 11 replies
    Reuters ^ | December 20, 2016 | Andreina Aponte
    As a harrowing economic crisis makes food scarce for millions of Venezuelans, many families cannot buy their children Christmas presents, decorate their home, or even host a holiday dinner. The oil-rich country is suffering the third year of a recession that has sparked product shortages and galloping inflation. With a recent currency depreciation pumping up prices even higher, some parents are simply canceling Christmas.
  • Venezuela's President Maduro tries to calm nerves ("Enemies" blamed, Obama accused)

    12/19/2016 1:23:38 AM PST · by Nextrush · 15 replies
    BBC News ^ | 12/18/2016 | BBC
    Venezuela's President Maduro says his abrupt decision to scrap the country's most-used banknote has allowed the country to triumph over its enemies. He said taking millions of 100-bolivar notes out of circulation has smashed the black market. The withdrawl prompted protests and looting in several states as the supply of ready cash rapidly ran out. On Saturday, President Maduro postponed the withdrawl until early January. But there were still reports of rioting on Sunday as anxiety continued to run high. Local reports said some businesses were still refusing to accept the 100-bolivar notes..... Mr. Maduro said on state TV 300...
  • Venezuela postpones currency move after chaos, protests

    12/17/2016 5:45:58 PM PST · by dynachrome · 18 replies
    Reuters ^ | 12-17-16 | Corina Pons and Andrew Cawthorne
    Venezuelan President Nicolas Maduro suspended on Saturday the elimination of the country's largest denomination bill, which had sparked cash shortages and nationwide unrest, saying the measure would be postponed until early January. The surprise pulling of the 100 bolivar note from circulation this week - before new larger bills were available - led to vast lines at banks, looting at scores of shops, anti-government protests and at least one death. Maduro, speaking from the presidential palace, blamed a "sabotage" campaign by enemies abroad for the delayed arrival of three planes carrying the new 500, 2,000 and 20,000 bolivar notes.
  • VIDEO: Protests & Riots Break Out in Venezuela

    12/17/2016 11:23:02 AM PST · by PJ-Comix · 28 replies
    YouTube ^ | December 17, 2016 | venezuela venezuela
    VIDEO
  • Protests, looting break out in Venezuela amid cash chaos

    12/16/2016 7:48:44 PM PST · by dynachrome · 25 replies
    reuters ^ | 12-16-16 | Anggy Polanco and Maria Ramirez
    Protests and looting broke out in parts of Venezuela on Friday due to a lack of cash after the socialist government suddenly pulled the nation's largest banknote from circulation in the midst of a brutal economic crisis. Waving the now-worthless 100-bolivar bills, pockets of demonstrators blocked roads, demanded that stores accept the cash and cursed President Nicolas Maduro, witnesses said. Shops were looted in various places. Last weekend, Maduro gave Venezuelans three days to ditch the 100-bolivar bills, arguing that the measure was needed to combat mafias on the Colombia border despite warnings from some economists that it risked sparking...
  • Venezuela Travel Warning

    12/16/2016 12:35:40 PM PST · by PJ-Comix · 5 replies
    The U.S. Department of State warns U.S. citizens against travel to Venezuela due to violent crime, social unrest, and pervasive food and medicine shortages. All U.S. direct-hire personnel and their families assigned to the U.S. Embassy in Caracas are subject to an embassy movement policy that limits their travel within Caracas and other parts of the country. These security measures may restrict the services the Embassy can provide. Country-wide shortages of food, water, medicine, electricity, and other basic goods have led to social unrest, including violence and looting. Security forces have arrested individuals, including U.S. citizens, and detained them for...
  • Venezuela's 100-bolivar note withdrawal causes chaos (NO Replacement Currency)

    12/16/2016 7:29:07 AM PST · by PJ-Comix · 21 replies
    BBC News ^ | December 16, 2016
    Venezuela's highest denomination banknote has ceased to be legal tender, in a move that has caused cash chaos and long queues at banks this week. Some cash machines on Thursday were still issuing the old 100-bolivar notes, hours before they expired. President Nicolas Maduro said new higher-denomination bills would be fully distributed in January.
  • Guide to Venezuelan Charities - With Ratings

    Hunger/Poverty Charities & Non Profit Organizations In Venezuela charity-charities.org/HungerPoverty/Venezuela.html
  • Some poor Venezuelan parents give away children amid deep crisis

    12/15/2016 9:04:04 AM PST · by detective · 21 replies
    Yahoo News ^ | December 15, 2016 | Girish Gupta and Mircely Guanipa
    Struggling to feed herself and her seven children, Venezuelan mother Zulay Pulgar asked a neighbor in October to take over care of her six-year-old daughter, a victim of a pummeling economic crisis. The family lives on Pulgar's father's pension, worth $6 a month at the black market rate, in a country where prices for many basic goods are surpassing those in the United States. "It's better that she has another family than go into prostitution, drugs or die of hunger," the 43-year-old unemployed mother said, sitting outside her dilapidated home with her five-year-old son, father and unemployed husband. With average...
  • VIDEO TWEET: Venezuela National Guard Blocked from Exchanging 100 B Notes at Bank by Angry Crowd

    12/14/2016 10:27:04 AM PST · by PJ-Comix · 28 replies
    Twitter ^ | December 13, 2016 | Rocío San Miguel
    El pueblo hizo retroceder a la GNB en Lara, impidiendo q depositaran sus kilos de billetes de 💯. De donde sale tanto dinero en efectivo?... pic.twitter.com/idIhyUBhbR— Rocío San Miguel (@rociosanmiguel) December 13, 2016 TRANSLATION: The National Guard tries to exchange its own boxes of banknotes (how come they have such?). The people block access to the bank! Here is a direct LINK to the Tweet with the Video.
  • Maduro’s Christmas Presents to Venezuela: Forced Sales, Stolen Toys

    12/14/2016 10:08:00 AM PST · by detective · 4 replies
    The New American ^ | 13 December 2016 | Michael Tennant
    “To Venezuelan socialists,” observed Loyola University Maryland economics professor Thomas DiLorenzo, “nothing says ‘Merry Christmas’ more than armed government goons showing up at your business and ordering you around.” That is, in fact, precisely what is happening in that oil-rich but increasingly poverty-stricken nation. Having driven his country into penury and hyperinflation by continuing the policies of late president Hugo Chavez, President Nicolas Maduro is now forcing stores to have Christmas sales they cannot afford and even confiscating millions of toys from their distributor so Maduro can play Santa Claus by handing them out to poor children.
  • A Very Socialist Christmas; Venezuela’s Maduro destroyed the currency. Now he’s after the toys

    12/14/2016 6:59:10 AM PST · by Brilliant · 19 replies
    WSJ ^ | 12/13/16 | WSJ
    This is a time of year when many Americans count their blessings, and among these is the annual Marine Corps Toys for Tots program. Marines accept voluntary donations and distribute toys to millions of needy children. In Venezuela they are developing a different tradition. The government has deployed soldiers from its National Guard to seize millions of toys before they reach Venezuelan shoppers. Rather than accepting blame for inflation that has been running at 470%, the government of President Nicolás Maduro is pretending that the country’s largest toy distributor, Kreisel-Venezuela, is simply charging too much. CNN reports that along with...
  • Venezuela shuts border with Colombia as cash crisis escalates

    12/13/2016 10:32:43 AM PST · by PJ-Comix · 19 replies
    CNN Money ^ | December 12, 2016 | Patrick Gillespie
    President Nicolas Maduro announced Monday night that he's closing the country's border with Colombia for 72 hours as Venezuelans rush to exchange bills before they become invalid later this week. He accused "mafias" of moving Venezuelan money into Colombia. It's the latest twist in a crisis that symbolizes Venezuela's severe economic depression, which is having a brutal impact on its citizens' lives. The Venezuelan government said in a statement that shutting the border with Colombia was necessary "to counteract the criminal attacks against our currency." Some Venezuelans are going to border towns in Colombia to exchange their currency, the bolivar,...
  • Venezuelans prepare for largest currency note to be yanked

    12/12/2016 7:21:58 AM PST · by Olog-hai · 8 replies
    Associated Press ^ | Dec 12, 2016 10:09 AM EST
    Venezuelans are rushing to spend their 100-bolivar notes after President Nicolás Maduro’s announcement they will be taken out of circulation to stop the “mafias” who smuggle contraband on the Colombian border. The government has promised to issue new, higher-denomination bills this week amid the world’s highest inflation. …
  • Venezuela seizes Christmas toys.....(to distribute to poor)

    12/11/2016 7:39:46 PM PST · by Nextrush · 20 replies
    BBC News ^ | 12/10/2016 | BBC
    Venezuelan authorities have arrested two toy company executives and seized almost four million toys, which they say they will distribute to the poor. Officials accused the company of hoarding toys and hiking prices in the run-up to Christmas. Last week, the government issued an order to retailers to reduce prices on a range of good by 30%......
  • Inflation-hit Venezuela to pull largest bill from circulation (the 100 bolivar=2cents)

    12/11/2016 4:58:26 PM PST · by dynachrome · 23 replies
    Reuters ^ | 12-11-16 | Girish Gupta
    Venezuela, mired in an economic crisis and facing the world's highest inflation, will pull its largest bill, worth two U.S. cents on the black market, from circulation this week ahead of introducing new higher-value notes, President Nicolas Maduro said on Sunday. The surprise move, announced by Maduro during an hours-long speech, is likely to worsen a cash crunch in Venezuela. Maduro said the 100-bolivar bill will be taken out of circulation on Wednesday and Venezuelans will have 10 days after that to exchange those notes at the central bank. Critics slammed the move, which Maduro said was needed to combat...
  • Happy Socialist Christmas-Venezuala Seizes 4 Million Toys From Price-Gouging Importer Gives To Natio

    12/10/2016 7:29:01 PM PST · by dynachrome · 30 replies
    Bloomberg via Zero Hedge ^ | December 9, 2016 | by Andrew Rosati December 9, 2016 via Tyler Durden
    Venezuela price regulators on Friday seized almost 4 million toys from warehouses around greater Caracas and said they’d distribute them to low income children ahead of the Christmas holiday. With the nation's currency hyperinflating faster than a CNN Russian hacking story, this confiscation of 'unfairly-priced' toys is likely the only way to keep the Grinch from the door of this socialist nirvana.
  • Venezuela orders stores to get into the Christmas spirit (price controls)

    12/10/2016 6:55:16 AM PST · by dynachrome · 18 replies
    Yahoo (a fake news site) ^ | 12-9-16 | Carola SOLÉ
    Seeking to spread some cheer, President Nicolas Maduro's socialist government has set aside its distaste for consumerism and sent a small army of bureaucrats and soldiers to force more than 200 retail stores in Caracas to hold Christmas sales. "Our worker-president has ordered us to guarantee fair prices for the people, and we are complying. These economic hitmen can't take away our merry Christmas," said William Contreras, head of the National Superintendency for the Defense of Socioeconomic Rights, known by the acronym Sundde. The government accuses the owners of the targeted stores of jacking up prices by 300 to 500...
  • Desperate Venezuelan fishermen slaughter one another and turn to piracy [tr]

    12/08/2016 2:02:26 PM PST · by C19fan · 33 replies
    AP ^ | December 8, 2016 | Staff
    Gangs of out-of-work fishermen have turned to a life of piracy and have killed dozens who still venture into the sea in Venezuela, as the country's economic crisis worsens. Once home to the world's fourth-largest tuna fleet, now the fishing trade has collapsed and those who continue to fish are falling prey to the vicious bandits. Many have been tied up and thrown overboard by pirates, as those with boats opt for illegal ways of making money, such as smuggling and piracy.
  • Venezuela to introduce bigger bills amid soaring inflation

    12/05/2016 7:18:56 AM PST · by C19fan · 20 replies
    DW ^ | December 5, 2016 | Staff
    Venezuela will introduce six new bills ranging from 500 to 20,000 bolivars, the OPEC nation's central bank said in a statement on Sunday. Currently, the largest-denominated Venezuelan note is 100 bolivars (9.4 euros), which is worth just around two US cents on the black market. A two-liter soft drink bottle can cost 25 times that amount.
  • he monetary meltdown in Venezuela

    12/02/2016 11:29:15 AM PST · by C19fan · 17 replies
    Washington Post ^ | December 2, 2016 | Francisco Toro
    Venezuela has run out of cash. Not metaphorically, mind you: The country literally doesn’t have enough cash to go around. Two weeks ago, facing an acute shortage of paper money, bank regulators capped cash withdrawals at 10,000 Venezuelan bolivars per day — about $5.25. As I write this, following an almighty rout on the black market, those same 10,000 bolivars are worth less than half that much: $2.17. (By the time you read this, the real number’s likely lower.)
  • Want Groceries in Venezuela? First Stop at Six ATMs

    12/02/2016 7:46:04 AM PST · by Leaning Right · 12 replies
    Yahoo ^ | December 2, 2016 | Daniel Cancel
    Domingris Montano did the calculations as she stood in the rain at the midpoint of a queue outside a bank in Caracas. She needed to buy groceries. A package of rice would cost 3,500 bolivars, more than half the daily withdrawal limit, and the automated teller machine might be empty by the time her turn came. Maybe she could hit a few more before dark? “I’ve had to go to six different ATMs just to get 6,000 bolivars,” said Montano, a 36-year-old hair stylist...
  • Venezuela currency weakens 10 percent in three days on black market

    12/01/2016 10:52:14 AM PST · by C19fan · 10 replies
    Reuters ^ | November 30, 2016 | Brian Ellsworth and Anggy Polanco
    Venezuela's bolivar currency tumbled past the psychological barrier of 4,000 per dollar on the black market on Wednesday, racking up a 10 percent depreciation since Monday and fueling concerns about the crisis-stricken OPEC nation's economy. The black market rate has weakened 62 percent this month amid Soviet-style product shortages and a crippling recession that have become the norm in Venezuela's steadily unraveling socialist economy.
  • Venezuela’s currency is so devalued it no longer fits in ordinary wallets

    11/27/2016 8:18:26 PM PST · by detective · 34 replies
    The Washington Post ^ | November 27, 2016 | Sofia Barbarani
    It’s not so easy to find someone who still uses a wallet in Venezuela, where inflation is expected to reach 720 percent this year and the biggest bill — 100 bolivars — is worth about 5 U.S. cents on the black market. The currency has dropped dramatically in value as Venezuela’s oil-based economy has cratered and the government has frantically printed more money. Prices, meanwhile, are soaring. So Venezuelans must handle huge volumes of cash — so much that the bills don’t always fit in a standard wallet — with many people packing wads of currency in handbags, money belts or backpacks.
  • Bernardo Álvarez, Hugo Chávez’s Envoy in Washington, Dies at 60

    11/26/2016 8:45:28 AM PST · by detective · 32 replies
    New York Times ^ | NOV. 25, 2016
    Bernardo Álvarez Herrera, a longtime ambassador to the United States who led Hugo Chávez’s diplomats in defending Venezuela’s socialist revolution to skeptical foreign governments, died on Thursday in Caracas. He was 60. President Nicolás Maduro of Venezuela announced the death but did not give the cause.
  • Inside Venezuela: Empty Supermarkets, Fascist Imagery and a Collapsing Social Order

    11/24/2016 7:51:23 AM PST · by detective · 8 replies
    Breitbart ^ | 24 Nov 2016 | Ben Kew
    Under the rule of charismatic revolutionary dictator Hugo Chávez, Venezuela positioned itself as the one of the world’s most prominent socialist “havens,” with Chávez regularly expressing an extremely hostile approach to what he described as ‘US imperialism.’ Yet three years after Chávez’s death, his anti-democratic legacy remains, whilst his socialist policies have left the country in crisis.
  • Venezuela’s Nemesis Is a Hardware Salesman at a Home Depot in Alabama

    11/22/2016 2:19:30 PM PST · by oblomov · 29 replies
    WSJ ^ | 20 Nov 2016 | ANATOLY KURMANAEV
    HOOVER, Ala.—Public Enemy No. 1 of Venezuela’s revolutionary government is Gustavo Díaz, a Home Depot Inc. employee in central Alabama. On his lunch breaks from the hardware section, Mr. Díaz, 60 years old, does more than anyone else to set the price of everything from rice to aspirin to cars in his native Venezuela, influencing the inflation rate and swaying millions of dollars of daily currency transactions. How? He is president of one of Venezuela’s most popular and insurgent websites, DolarToday.com, which provides a benchmark exchange rate used by his compatriots to buy and sell black-market dollars. That allows them...
  • EXCLUSIVE: Venezuelan Diplomat Joins Chicago Communists Plotting Trump Resistance

    11/17/2016 9:12:26 AM PST · by 2ndDivisionVet · 23 replies
    The Daily Caller ^ | November 17, 2016 | Michael Volpe
    A Marxist, a Venezuelan diplomat and an illegal alien headlined a meeting of organizers of the Trump resistance as they announced their plan to shut down Chicago on Saturday and Washington, D.C. on Inauguration Day. The Chicago branch of Act Now to Stop War and End Racism (ANSWER) met in Chicago’s northwest side neighborhood of Albany Park to plot their next move in their resistance of the Trump presidency. Chicago ANSWER was one of the radical leftist groups that helped to organize anti-Trump protests when his campaign tried to hold a rally in March; that rally was canceled after protesters...
  • Wall Or No Wall: Trump Needs The Mexican Oil Industry

    11/15/2016 2:32:23 PM PST · by bananaman22 · 34 replies
    Oilprice.com ^ | 15-11-2016 | Trumpster
    Two of Donald Trump’s main pledges during the presidential race were building a wall along the border with Mexico, and making the U.S. energy-independent. Now that the election is over, these issues are coming to the fore. First, the president-elect said that the wall, which he mentioned on the campaign trail and in numerous debates, is still very much on the table, though what type of “wall” that may be is an unknow. Second, he said he planned to start deporting illegal aliens—those with criminal records—which could amount to as many as three million individuals. Despite “The Wall”, the deportation...