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Keyword: venezuela

Brevity: Headers | « Text »
  • Venezuela Orders Bank Notes by the Planeload

    02/04/2016 10:26:59 AM PST · by detective · 20 replies
    Msn Money ^ | Feb 4, 2016 | Kejal Vyas
    Millions of pounds of provisions, stuffed into three-dozen 747 cargo planes, arrived here from countries around the world in recent months to service Venezuela's crippled economy. But instead of food and medicine, the planes carried another resource that often runs scarce here: bills of Venezuela's currency, the bolivar.
  • Venezuela is on the brink of a complete economic collapse

    01/29/2016 5:48:57 PM PST · by NRx · 61 replies
    WaPo ^ | 01-29-2016 | Matt O'Brien
    The only question now is whether Venezuela's government or economy will completely collapse first. The key word there is "completely." Both are well into their death throes. Indeed, Venezuela's ruling party just lost congressional elections that gave the opposition a veto-proof majority, and it's hard to see that getting any better for them any time soon — or ever. Incumbents, after all, don't tend to do too well when, according to the International Monetary Fund, their economy shrinks 10 percent one year, an additional 6 percent the next, and inflation explodes to 720 percent. It's no wonder, then, that markets...
  • Fears of Venezuela Default Grow Amid Drop in Oil Prices

    01/25/2016 5:59:57 AM PST · by thackney · 17 replies
    Wall Street Journal ^ | Jan. 21, 2016 | SARA SCHAEFER MUNOZ & ANATOLY KURMANAEV
    Venezuela's heavier oil fetches even less on international markets and is down to about $23 a barrel, near its break-even production point of about $17 to $18 a barrel. A default in 2016 "is becoming increasingly difficult to avoid," said Barclays economist Alejandro Arreaza in a report on Venezuela this week. If oil stays at $32 per barrel, Mr. Arreaza estimated that Venezuela will need to use 90% of its oil income this year just to meet its obligations, including sovereign debt and money owed to China. The cost of insuring Venezuelan sovereign debt has jumped in recent months, signaling...
  • UN Chief Ban Ki-moon ‘Congratulates’ Venezuela on Re-Election to Human Rights Council

    01/22/2016 9:01:16 AM PST · by Olog-hai · 12 replies
    Cybercast News Service ^ | January 21, 2016 | 4:30 AM EST | Patrick Goodenough
    U.N. Secretary-General Ban Ki-moon has "congratulated" Venezuela on winning a new three-year term on the U.N. Human Rights Council, the socialist government reported Wednesday. Venezuela's mission to the U.N. said Ban offered his congratulations during a meeting Tuesday with Venezuelan ambassador to the HRC Jorge Valero in Geneva, the Swiss city that is home to the U.N.'s top human rights body. Ban's reported congratulations came despite the fact that the ongoing election onto the HRC of countries with poor human rights records has long outraged human rights advocates and frustrated democratic governments. ...
  • Will OPEC Be Forced To Call An Emergency Meeting Soon?

    01/20/2016 10:31:57 AM PST · by bananaman22 · 29 replies
    oilprice.com ^ | 20/01/2016 | obama no more
    Oil prices dropped to fresh lows during midday trading on January 20, with WTI dipping below $27 per barrel and Brent trading under $28. The crash in oil since December has only deepened the pain for oil-exporting countries, even for those within OPEC. Despite the cartel’s inability to agree on a production target at its meeting in early December, some of its members are clamoring for action. Venezuela recently requested an emergency meeting in a letter sent to the other 12 members of OPEC. That is not necessarily news since Venezuela did the same thing last year, but there are...
  • Venezuela Declares ‘Economic Emergency’ that Allows President to Rule by Decree

    01/19/2016 10:33:54 AM PST · by C19fan · 25 replies
    Breitbart ^ | January 18, 2016 | Frances Martel
    Nicolás Maduro, the President of Venezuela, has announced an “economic state of emergency,” allowing him to rule by decree, in yet another attempt to diminish the power of the nation’s legislature ruled by the opposition anti-socialist party for the first time in 17 years.
  • Venezuela’s Maduro declares economic emergency

    01/18/2016 5:34:39 AM PST · by thackney · 12 replies
    Fuel Fix ^ | January 15, 2016 | | Associated Press
    Venezuelan President Nicolas Maduro is using special decree powers to declare an economic emergency in the oil-dependent nation. The decree giving Maduro 60 days to enact sweeping reform was published Friday in the official gazette just hours before the president is expected to deliver his annual state of the union address.
  • If Edward Snowden Is Right About Clinton's Emails, Bernie Sanders Will Win a Landslide Victory

    10/02/2015 10:44:12 AM PDT · by 2ndDivisionVet · 25 replies
    The Huffington Post's Politics The Blog ^ | October 1, 2015 | H.A. Goodman, columnist
    Perhaps nobody on the planet knows more about intelligence protocol than Edward Snowden. If Snowden says it's "completely ridiculous" to believe that Clinton's emails were safe, then yes, it's fair to include his viewpoint in any critique of Hillary Clinton's latest controversy. In addition, since I believe Senator Bernie Sanders is desperately needed at this point in U.S. history, and electing Clinton or a Republican would essentially be nominating the same president on war and foreign policy, it's important to address relevant analysis of the email controversy. There seems to be a bizarre paradigm of thought among some Democrats that...
  • Probe: Spain's 'Podemos' Party may have been given €5 million Euros by Iran regime

    01/12/2016 10:30:27 AM PST · by Fali_G · 2 replies
    The Foreign Desk ^ | 01/12/2016 | Lisa Daftari
    Spanish authorities are actively investigating rumors that Iran's regime heavily financed the activities of the country's Podemos political party, according to Spanish media sources. The Union of Economic and Fiscal Delinquency, La Unidad de Delincuencia Económica y Fiscal (UDEF), an investigative arm of the country's National Police has launched a detailed probe in determining whether the party accepted €5m Euros from Iran in exchange for influence in the country's political and economic arenas, El Confidencial, a Spanish newspaper said.
  • WH: 'We Will Close Gitmo Because It is Bad for Our National Security and Because It's Too Costly'

    01/11/2016 10:16:55 AM PST · by Olog-hai · 40 replies
    Cybercast News Service ^ | January 11, 2016 | 7:01 AM EST | Susan Jones
    Congress has expressly forbidden President Obama from transferring prisoners from Guantanamo Bay, Cuba to the United States, but White House Chief of Staff Denis McDonough shrugged it off on Sunday. "What the president just said is, he's going to work with Congress, present them a plan to close (the prison), and then he'll make some final determinations," McDonough told Fox News Sunday. "But let me be clear, the president has said from the beginning of this administration that we will close Gitmo because it's bad for our national security and because it's too costly -- $4 million per year per...
  • Military vows Maduro support in deepening Venezuela crisis

    01/08/2016 8:16:19 AM PST · by C19fan · 17 replies
    AFP ^ | January 7, 2016 | Maria Isabel Sanchez
    Venezuela's military pledged loyalty to President Nicolas Maduro on Thursday, ramping up a high-stakes standoff between his socialist government and a center-right opposition that has vowed to use its new legislative powers to oust him. The opposition laid claim to a big majority in the National Assembly, which could empower it to force out Maduro. He has rejected the assembly as illegal and formed a new hardline leftist cabinet to fight it, in a deepening political crisis.
  • Young socialist hardliner will lead Venezuela's economy

    01/07/2016 9:31:15 AM PST · by Olog-hai · 38 replies
    Associated Press ^ | Jan. 7, 2016 12:19 PM EST | Hannah Dreier
    President Nicolas Maduro is doubling down on his existing economic policies with the appointment of a young leftist hardliner to head the country's cratering economy, setting up a potential confrontation between the ruling socialist party and the newly powerful opposition. Luis Salas, the new 39-year-old vice president for the economy, has scant administrative experience, but champions the same theories of price and currency controls that have defined Venezuela's leftist economic policy for 17 years. Like Maduro, Salas says the country is suffering from the world's worst recession and triple-digit inflation because business interests are colluding with the U.S. to sabotage...
  • 2016 A BIRTHING of Unity and Oneness [Charismatic Caucus]

    01/04/2016 9:21:05 AM PST · by Jedediah · 1 replies
    bible , The Joshua Chronicles ^ | 1-4-16 | Holy Spirit, bible
    I am birthing a new thing in you my children that you may bear forth great multitudes of fruit for my glory for I am expanding my tent pegs so that my Tapestry covers the earth and so now as my spirit rises up in you "Truly" you shall bud, blossom and bear fruit ripe for the picking and I shall use you as Aaron's Rod for I carry you in my hand for you know me as your divine authority and God. I am your inheritance for you are my priest and I am your pleasure and delight and...
  • Venezuela President Maduro to reshuffle cabinet (Reshuffling Deck Chairs on Titanic?)

    01/06/2016 7:55:37 AM PST · by PJ-Comix · 4 replies
    CARACAS, Venezuela (AP) — Venezuela's President Nicolas Maduro is expected to reshuffle his cabinet after declaring that the country faces a new political reality now that the opposition has taken control of congress for the first time in more than a decade. Maduro said Tuesday night that he would announce cabinet appointments Wednesday. He says the new lineup will be able to protect the revolution in a new political era. The socialist president asked his top ministers to resign after the party suffered a crushing loss in Dec. 6 legislative elections.
  • LINK FOR LIVE VIDEO FROM VENEZUELA

    01/05/2016 6:17:14 AM PST · by Nextrush · 23 replies
    globovision.com ^ | 1/5/2016 | Globovision
    You can see the red shirted commies and the opposition as they gather in the streets of Caracas for what could be a tumultuous swearing-in of the new opposition controlled National Assembly in the face of President Nicolas Maduro's failed Communist regime. As you reach the website link to to the box on the right with the triangle surrounded by the circle and "AHORA EN LA TV:" next to it. Click the triangle video will come up with a commercial and should be followed by the live broadcast. The Chavez-Maduro regime has created its own time zone for Venezuela which...
  • LATE DEVELOPMENTS IN VENEZUELA AS CONFRONTATION APPEARS A FEW HOURS AWAY

    01/05/2016 4:05:48 AM PST · by Nextrush · 26 replies
    1/5/2016 | Self
    The elected 'socialist' (aka Communist) President of Venezuela appeared on television late last night with soothing words guaranteeing safety and security even as his 'supporters' (aka thugs) planned to protest outside the National Assembly building where a new opposition dominated legislature is set to be sworn in. Perhaps Nicolas Maduro's intent was to lull the opposition into a false sense of security. The new president of the National Assembly, Henry Ramos Allup, was blocked from entering his offices yesterday, leading to an opposition call for supporters to come out to the National Assembly later this morning to support the swearing...
  • Showdown Looms at Venezuela Assembly's Swearing-In

    01/04/2016 5:22:39 PM PST · by Nextrush · 19 replies
    Wall Street Journal ^ | 1/4/2016 | Anatoly Kurmanaev and Kejal Vyas
    CARCAS-Veneuzuela' opposition coalition called on its supporters to march to the National Assembly on Tuesday morning to uphold the swearing-in of the country's first opposition-dominated legislature in 16 years, setting a stage for a showdown with the socialist government of Nicolas Maduro. Mr. Maduro, who has characterized the opposition victory in December's midterm elections as a counterrevolution and coup, has asked his supporters to hold their own rally in the same area an hour earlier "to defend the achievements of the Revolution." "This will be a very unpredictable situation that could turn violent," said David Smilde, a Venezuela expert at...
  • What Cuba Can Teach Us About Food and Climate Change

    01/04/2016 7:07:30 AM PST · by C19fan · 13 replies
    Slate ^ | January 4, 2015 | Raj Patel
    The Studebakers plying up and down Havana’s boardwalk aren’t the best advertisement for dynamism and innovation. But if you want to see what tomorrow’s fossil-fuel-free, climate-change-resilient, high-tech farming looks like, there are few places on earth like the Republic of Cuba. Under the Warsaw Pact, Cuba sent rum and sugar to the red side of the Iron Curtain. In exchange, it received food, oil, machinery, and as many petrochemicals as it could shake a stick at. From the Missile Crisis to the twilight of the Soviet Union, Cuba was one of the largest importers of agricultural chemicals in Latin America....
  • Venezuela delays gas exports to Colombia, citing climate

    01/01/2016 6:40:30 PM PST · by BenLurkin · 5 replies
    reuters ^ | 01/02/2016
    Venezuela's state oil company, PDVSA, has delayed the export of natural gas to Colombia because of climate factors, the Colombian Mines and Energy Ministry said on Friday. In a letter to the Colombian government on Wednesday, PDVSA said the exports would not begin because of "climate variability," the ministry said in a statement. The exports are part of a deal between the two countries, which includes provisions for the neighbors to supply their own markets if necessary before exporting. ... Colombian state oil company Ecopetrol has asked PDVSA to give a new date by which the exports could begin.
  • Drug Cartels Are Hacking US Border Patrol Drones

    01/01/2016 1:03:33 PM PST · by KeyLargo · 28 replies
    NEWS Softpedia ^ | JAN 1, 2016 | By Catalin Cimpanu
    Drug Cartels Are Hacking US Border Patrol Drones Border patrol drones are vulnerable to GPS spoofing attacks The US Department of Homeland Security (DHS) and the US Customs and Border Protection (CBP) agency are reporting on incidents where drug traffickers have hacked unmanned air vehicles (UAVs, drones) in order to illegally and secretly cross the US-Mexican border. UAVs have become a common presence in the US military, but they have also spread to other US law enforcement agencies like local police and border patrol. Unlike their military counterparts, which cost millions of dollars, the drones used by other law enforcement...
  • America Will Elect Its First Latino President — and Other New Year’s Predictions

    12/31/2015 1:25:37 PM PST · by SeekAndFind · 29 replies
    National Review ^ | 12/30/2015 | David French
    New Year's predictions are always perilous. The only thing that's truly predictable is that unpredicted events will upset the most-careful plans and surprise the most-seasoned professionals. Look no further than Donald Trump's shocking rise and enduring popularity as proof that pundits and consultants often don't know half as much as we think we know. But it takes more than a few surprises to drive us out of the prediction business. So with full knowledge that everything I say is liable to be proven wrong within days or weeks, here goes with a few, modest predictions for 2016: America will...
  • Venezuela contesting elections; opposition on verge of losing supermajority in assembly

    12/30/2015 3:19:03 PM PST · by Truth29 · 16 replies
    Fox News Latino ^ | December 30, 2015 | Franz von Bergen
    Venezuela’s ruling party filed motions to dispute the election of eight lawmakers from the opposition coalition, which on Dec. 6 obtained a majority with enough power to rein in President Nicolás Maduro, sack Cabinet ministers and even call an assembly to rewrite Hugo Chávez's 1999 constitution. The government’s party needs to succeed in unseating just one of the eight elected lawmakers to take away the so-called supermajority from the opposition. The motions were filed Tuesday before the Supreme Court, just days after the government appointed 13 new justices — including two of the five justices from the Sala Electoral, the...
  • Obama eyes Cuba visit, says Castro not 'an ideologue'

    12/14/2015 8:33:41 AM PST · by PROCON · 31 replies
    washingtonexaminer.com ^ | Dec. 14, 2015 | Paul Bedard
    President Obama is hopefully planning a visit to Cuba and sees longtime co-dictator Raul Castro, who has taken over for ailing brother Fidel, as a pragmatist, not "an ideologue." In a newly released Yahoo interview, Obama said, "I am very much interested in going to Cuba, but I think the conditions have to be right."The president told correspondent Olivier Knox, "My hope is that sometime next year we look at the conditions there and we say, you know what? Now would be a good time to shine a light on progress that's been made, but also maybe to nudge the...
  • SOUTH AMERICAN LEFT IN RETREAT AS ECONOMIC CRISIS DEEPENS

    12/24/2015 8:40:32 PM PST · by Beave Meister · 17 replies
    Associated Press ^ | 12/23/2015 | JOSHUA GOODMAN
    BOGOTA, Colombia (AP) -- After a decade on the advance, the left in South America is in retreat. Just in the past month, voters in Argentina elected a conservative businessman president over the chosen successor of Cristina Fernandez and Brazil's congress launched an impeachment probe against President Dilma Rousseff, whose approval ratings have been languishing in single digits. In perhaps the biggest turnabout, voters in Venezuela, where the region's leftward shift began, handed the opposition a landslide victory in congressional elections - its first nationwide legislative win since the U.S.-bashing Hugo Chavez won the presidency in 1998. The backlash comes...
  • Saudis Trying to Kill U.S. Frackers as Oil could fall to $20 for the first time in 15 years.

    12/09/2015 8:12:46 AM PST · by SeekAndFind · 83 replies
    PJ Media ^ | 12/09/2015 | Stephen Green
    Saudi Arabia might just bust OPEC by keeping its taps open, but right now the Kingdom's main concern is strangling American shale production. Read: Markets had been expecting Opec to announce a new ceiling on production after last Friday's meeting, but analysts at Barclays said the lack of any curbs in its announcement was a sign of discord. "Past communiques have at least included statements to adhere, strictly adhere, or maintain output in line with the production target. This one glaringly did not. " they said. Saudi Arabia needs oil prices of $100 a barrel to balance its budget, but...
  • Goldman eyes $20 oil as glut overwhelms storage sites

    12/10/2015 6:38:31 PM PST · by sparklite2 · 75 replies
    London Telegraph ^ | 19 Nov 2015 | Ambrose Evans-Pritchard
    OPEC was slow to understand the rising threat posed by the US shale industry. It may now have misjudged its resilience. Frackers have been quick to cut costs with multiple pad-drilling, and they can revive production relatively quickly as soon as prices recover. Goldman Sachs said the deeper the fall in oil prices over coming months, the sharper the rebound later, comparing it to the cycles after 1986, 1988, and 1998. OPEC needs a higher price to fund the social welfare nets and defence spending of its members. The great question is whether US shale will snap back within months...
  • HASTA LA VISTA, SOCIALISM!

    12/09/2015 12:39:26 PM PST · by MtnClimber · 15 replies
    Powerline ^ | 8 Dec, 2015 | JOHN HINDERAKER
    Government control over the economy, beginning with liberal hero Hugo Chavez and continuing under his successor, Nicolás Maduro, resulted in poverty for pretty much everyone outside the ruling elite. (Socialism produces the most rigid class distinctions of any economic system.) Venezuelans were engaging in knife fights in grocery stores, trying to grab the last loaf of bread. Toilet paper disappeared, as Venezuela could neither produce nor buy such a humble product. The disaster was complete. Happily, Venezuela still has elections. Yesterday, the anti-socialist opposition swept to a historic victory, winning a supermajority of 112 of 167 congressional seats.
  • Venezuela Ran out of Other People’s Money

    12/09/2015 7:28:36 AM PST · by Sean_Anthony · 7 replies
    Canada Free Press ^ | 12/09/15 | Dr. ileana Johnson Paugh
    A centralized socialist government always blamed their disastrous and ever-failing economic policies on greedy capitalists and on business “profiteers.” Socialists eventually ran out of other people’s money and wealth Venezuelans rejected socialism. They’ve run out of other people’s money; the long lines to buy basic food and toilet paper did not help either. The mainstream media has glossed over this massive defeat of President Nicolas Maduro’s socialism. In a great St. Nick gift, his opposition took back control of the National Assembly in a landslide election on December 6, 2015. According to the National Electoral Council, the Democratic Unity coalition...
  • Venezuela Awakens From Its 17-Year Socialist Nightmare

    12/08/2015 11:49:02 AM PST · by PROCON · 23 replies
    investors.com ^ | Dec. 7, 2015
    Elections: Venezuela's voters delivered a sledgehammer blow to the country's ruling Chavista socialists Sunday, winning a likely supermajority in the National Assembly. It's a great awakening from a 17-year nightmare. Given the past two decades of near-victories, electoral fraud, chicanery and fractious political opposition mistakes, many Venezuelans are still in disbelief at the scale of the victory in the nation's legislative elections, which have decisively handed one of Venezuela's leading governing bodies over to the democratic, pro-free-market opposition. As this was written, the opposition, known by its Spanish initials MUD, had declared a 112-seat, or two-thirds, supermajority in the National...
  • Why Venezuela’s Fight for Freedom Is Just Beginning

    12/08/2015 12:49:20 AM PST · by Cincinatus' Wife · 8 replies
    Slate ^ | December 7, 2015 | Srdja Popovic and William J. Dobson
    Dictators are typically bad losers. Whenever the late Venezuelan president Hugo Chavez felt in danger on the eve of an election, he would conjure the possibility of violence, death,or chaos if the vote didn't go his way. The modern dictator doesn't threaten a bloodbath, of course; rather,he suggests obliquely that "forces could be unleashed," that the "will of the people" cannot be denied, or that the "streets will erupt.".... Venezuelan President Nicolas Maduro followed suit in the final days of Venezuela's parliamentary election..... the opposition's tally could rise to 112 or 113 seats. If the opposition wins a supermajority, it...
  • Venezuela's opposition party wins parliament in a blow to Maduro and Chavismo

    12/07/2015 9:28:28 AM PST · by SeekAndFind · 20 replies
    CNN ^ | 12/06/2015 | By Brian Walker and Tiffany Ap
    Venezuela's opposition party has claimed the majority of seats in the National Assembly in elections held Sunday, the first major shift in power in the legislative branch since the late President Hugo Chavez took office in 1999. The Democratic Unity Roundtable (MUD) took 99 seats to just 46 for the United Social Party of Venezuela (PSUV), Tibisay Lucena, president of Consejo Nacional Electoral announced. "Venezuela, we won!" said opposition key figure Henrique Capriles, governor of the state of Miranda. "I always told you all, this was the way! Humility, maturity and serenity. Long live the people of Venezuela!" Setback for...
  • Venezuela opposition wins parliamentary majority

    12/06/2015 10:21:43 PM PST · by Nextrush · 40 replies
    BBC News ^ | 12/7/2015 | BBC
    The opposition in Venezuela has won a majority of seats in the National Assembly, overturning nearly two decades of dominance by the Socialists of President Nicolas Maduro. Five hours after polling ended, the National Electoral Council announced the opposition had won 99 seats. The Socialists have gained 46 seats, with another 22 yet to be declared. President Maduro has admitted defeat, saying his party recognized 'these adverse results'. The opposition alliance, made up of centre and conservative parties, is confident of ultimately taking 112 seats after 17 years of socialist rule. According to senior figures in the movement, that would...
  • Venezuela opposition claims victory ahead of vote results

    12/06/2015 8:19:56 PM PST · by Olog-hai · 14 replies
    Associated Press ^ | Dec 6, 2015 10:43 PM EST | Hannah Dreier
    Leaders of Venezuela's opposition are claiming victory ahead of official results in Sunday's crucial legislative elections that could alter the country's balance of power after 17 years of socialist rule. Hours after polls closed, several opposition leaders took to the Internet to announce that they had won a majority of seats in the National Assembly for the first time since 1998. But with no official results released and the ruling socialist party not commenting, their claims could not be confirmed. "The results are as we expected. Venezuela won," former presidential candidate Henrique Capriles said on Twitter. "With great humility, serenity...
  • THE ELECTION IN VENEZUELA: NO OFFICIAL RESULTS YET BUT THE OPPOSITION SAYS IT WON......

    12/06/2015 8:18:58 PM PST · by Nextrush · 22 replies
    12/6/2015 | Self
    I wanted to post an 'udpate' of sorts on the election for 167 seats in Venezuela's National Assembly today. Three oppositions leaders in the country say the opposition, called MUD, has defeated the Chavista Maduro government's PSUV. Pro-opposition blogger Daniel Duquenal has posted a picture with a bottle and glass of the bubbly and says there's even a rumor the opposition has won a 2/3 majority. But can the regime accept such a result or even publish it if its true? Some sort of results are likely if past patterns hold up within the next 3 or 4 hours or...
  • Venezuela Elections: The Guardian Castigates 'Country Club' Conservatives

    12/06/2015 12:11:14 PM PST · by PJ-Comix · 3 replies
    NewsBusters ^ | December 6, 2015 | P.J. Gladnick
    On the eve of the National Assembly elections of Venezuela in which many observers expect voters to express their extreme dissatisfaction with the the Socialist policies of the ruling Chavistas which have completely ruined the economy of that oil rich nation, The Guardian of the UK has found a villain. A wealthy elite living in a state of priveleged luxury. A normal person would expect the culprits to be the corrupt Chavistas such as National Assembly president Diosdado Cabello who is estimated to have stolen over 2 billion dollars via corruption or the President of Venezuela Nicolas Maduro who is...
  • Is Venezuela The Next Foreign Policy Crisis?

    12/06/2015 12:01:49 AM PST · by Cincinatus' Wife · 34 replies
    The Daily Caller ^ | December 4, 2015 | Keith Naughton
    "... Venezuela is the true end point of socialism and the politics of class warfare. Not hope and peace, but misery and violence. Socialism in Venezuela was not successful,just propped up by massive oil reserves.In order to be elected in the first place, the Chavista Maduro resorted to widespread intimidation, shackling of independent media and outright voter fraud. He has resolutely continued the failed socialist policies of Hugo Chavez,resulting in 200 percent inflation,massive shortages of basic goods,skyrocketing violence and a general descent into a de facto police state.Chavez used oil to build political ties with the small nations of the...
  • As Elections Approach, Venezuela Is a Crime Scene Out of Control

    12/03/2015 6:58:30 AM PST · by C19fan · 7 replies
    Daily Beast ^ | December 3, 2015 | Bart P. Schut
    It didn’t matter to officer Kevin Valera that his new love, Jenniree, already had a daughter, he had always wanted to have children. So he treated little Ashley like his own and to her he simply was daddy. Then Kevin and Jenniree had a baby boy in February this year. On September 17th, after going out for groceries, the couple came home to El Cementerio, an ominously named slum in the western part of Caracas. Jenniree had little Kevin Alexander in her arms. The couple paid no attention to the strange quiet of the street as they entered their house.
  • Even in Chavez's hometown, Venezuela 'revolution' ails before election - "Chavistas destroyed us"

    11/27/2015 10:08:06 PM PST · by Cincinatus' Wife · 5 replies
    Yahoo ^ | November 27, 2015 | Alexandra Ulmer
    ........."We were 'Chavistas'," said Julio Coromoto...a workman next to a queue of dozens at a shabby supermarket."But they destroyed this town.".... Nationwide polls predict voters will punish the socialists next month, possibly taking away their majority in the National Assembly for the first time since Chavez took power in early 1999.To hold on to loyalists, the government is milking Chavez's legacy at every turn, re-naming voting centers after him, splashing his smiling face on billboards and filling state television with his most rousing speeches.In Barinas, his brother Argenis and cousin Asdrubal are running for the legislature, hoping to follow in...
  • Venezuelan opposition candidate shot dead at campaign event

    11/26/2015 7:51:51 AM PST · by BenLurkin · 9 replies
    "Luis Manuel Diaz, local leader of the Democratic Action party in Altagracia de Orituco (Guarico state) has just been shot dead," the party's chairman Henry Ramos Allup said on Twitter. Ramos Allup said Diaz was standing next to Lilian Tintori, wife of jailed opposition leader Leopoldo Lopez, who is in prison for incitement to violence in 2014 antigovernment protests. He added that the shooter, whom he believed to be a member of an "armed gang" linked to the ruling United Socialist Party of Venezuela (PSUV), carried out the attack from a vehicle. In a statement, the Union of South American...
  • Most Dishonest Countries Are China and Turkey

    11/17/2015 9:43:17 AM PST · by oblomov · 21 replies
    NY Post ^ | 16 Nov 2015 | Sophia Rosenbaum
    It’s a coin toss between China and Turkey for the title of least honest country, according to a new study. As part of a 15-nation honesty study, researchers from the University of East Anglia had the 1,500 subjects participate in a coin flip, telling them they’d get up to $5 every time it came up heads. The researchers theorized that if the percentage reporting heads was over 50 percent, participants were being dishonest, since heads statistically shows up only half the time. An estimated 70 percent of Chinese participants lied — the most dishonest of the bunch, according to the...
  • Murdered for their guns, Venezuela's police are now victims of crime

    11/13/2015 9:25:55 AM PST · by Torcert · 24 replies
    The Guardian ^ | 4 November 2015 | Alicia Hernández in Caracas
    A gang culture of impunity and stricter gun control has led to off-duty police officers being killed for their weapons, motorbikes and even mobile phones.Not even the police are safe in Venezuela. In a country which saw 24,000 murders recorded in 2013 and whose capital city Caracas was runner-up for murder capital of the world, 252 security officers have been killed in the country from January until October this year, in most cases simply because they were carrying something valuable -a gun. [..]When President Maduro launched a disarmament plan in 2014, and security forces were also ordered to destroy weapons...
  • Cuba: A Threat to America

    11/11/2015 11:27:47 AM PST · by Thistooshallpass9 · 5 replies
    TheTrumpet.com ^ | 11 Nov 2015 | Gerald Flurry
    If you were alive in 1963, you probably remember where you were the afternoon of November 22. That is the day you heard the news that United States President John F. Kennedy had been shot. President Kennedy was murdered as he traveled by motorcade in Texas. Since that very day, the truth about the assassination has been a mystery. Lee Harvey Oswald, a former U.S. Marine, defected to the Soviet Union in 1959 and returned to the U.S. in 1962. Two days after the president’s assassination, he was murdered by a nightclub owner under dubious circumstances. The Warren Commission, which...
  • A large order of McDonald's fries costs about $126 in Venezuela

    11/05/2015 4:35:23 PM PST · by detective · 24 replies
    MSN Money ^ | November 5, 2015 | Elena Holodny
    The good news is McDonald's is finally bringing back fries in Venezuela, after getting rid of them last year, according to the AP. The bad news is the regular will cost about $79 (500 bolivars), according to the country's strongest exchange rate.
  • McDonald’s fries are back in Venezuela—for only $133!

    11/05/2015 4:11:52 PM PST · by bkopto · 25 replies
    Fusion ^ | 11/4/2015 | Manuel Rueda
    The good news is that McDonald's is selling french fries again in Venezuela for the first time in 10 months. The bad news is that Venezuela's economy is in such shambles a large bag of fries costs about 10% of a monthly minimum wage. The "new" fries, which are now being sourced from Venezuelan farms because it's too difficult and costly to import potatoes, were introduced this week with a cheeky social media campaign, that displayed them as somewhat of a mystery item that's coming to a McDonald's near you.
  • "The Biggest Defeat in Our Nation’s History!" (U.S. Military Chiefs on Democratic "Solution"

    10/31/2015 10:21:23 AM PDT · by Kaslin · 43 replies
    Townhall.com ^ | October 31, 2015 | Humberto Fontova
    "Fairy tales can come true, it can happen to you." (Frank Sinatra) Fairy tales certainly came true for Sinatra's chum John F. Kennedy. I refer to the Cuban Missile Crisis, 53 years ago this week. More specifically, I refer to the media/academia/Hollywood spin of the crisis, especially its outcome. Surely you know the tune: "JFK stood up to the Russians in Cuba! Khrushchevblinked, cowered, and took his missiles home with his tail between his legs! Ha-ha! Take THAT Russkies! That’s the kind of gumption we need today with Iran and Putin!" In fact, here was the consensus at the time...
  • Venezuelan President Nicolás Maduro Says He Will Sue U.S.

    10/30/2015 12:57:45 PM PDT · by lowbridge · 7 replies
    wsj.com ^ | october 29, 2015 | kejal vyas
    Venezuelan President Nicolás Maduro said Thursday he would sue the Obama administration in an attempt to lift an executive order signed earlier this year that declared the South American country an extraordinary threat to U.S. national security. "We can't have that decree around. It's like the Sword of Damocles here," Mr. Maduro said in a televised address, pointing to his neck. "We're going to file a lawsuit in the U.S. against that decree." He said the suit would expose the "international illegality" of President Barack Obama's March 9 order, which also slapped sanctions on seven Venezuelan government officials accused of...
  • Venezuela sues black market currency website in United States

    10/30/2015 12:50:46 PM PDT · by lowbridge · 1 replies
    reuters ^ | October 23, 2015 | andrew cawthorne
    Venezuela's Central Bank filed a lawsuit on Friday with allegations of "cyber-terrorism" against a U.S.-based website that tracks the OPEC member's currency black market. The DolarToday site has enraged President Nicolas Maduro's government by publishing a rate in Venezuelan bolivars for the greenback far higher than the three official levels under Venezuela's 12-year-long currency controls. The rate has become an unofficial marker in the crisis-ridden economy, with some Venezuelans using it in private transactions or to fix prices of imported goods. The lawsuit, in the U.S. District Court for the District of Delaware, named three Venezuelans in the United States...
  • Bogot Voters Send Marxists Packing

    10/28/2015 3:01:26 PM PDT · by PROCON · 3 replies
    panampost.com ^ | Oct. 28, 2015 | Mara Paula Surez Navas
    After a close race for mayor in the Colombian capital of Bogotá, former Mayor Enrique Peñalosa emerged victorious last Sunday to regain his old post with one-third of the vote. Besides his own proposals, Peñalosa, of the center-right Radical Change party, was undoubtedly favored by the fact that Bogotá residents had grown tired of 12 years of leftist rule in the city. In the last decade, city infrastructure has decayed, crime has increased, and poor planning surrounding the Integrated Transportation System has worsened public mobility. Political and security analyst John Marulanda believes the key to Peñalosa’s victory was his decision...
  • Venezuelan Beer Magnate Accused of Treason

    10/22/2015 9:21:04 PM PDT · by nickcarraway · 5 replies
    Tico Times ^ | 10/22
    Lawmakers from Venezuelas ruling Socialist party filed treason charges Wednesday against a prominent billionaire businessman for allegedly seeking an IMF bailout for the recession-ravaged oil giant. Lorenzo Mendoza, head of Venezuelan food and beverage empire Empresas Polar, could face decades in prison if convicted of the charges, which include conspiracy and usurpation of state functions. The charges were filed with prosecutors by 101 lawmakers from the 167-seat National Assembly, said deputy Pedro Carreno of the United Socialist Party of Venezuela (PSUV), as he presented the document.
  • S-Word Avoided in Stories About Near Worthless Venezuelan Currency

    10/19/2015 4:56:39 PM PDT · by PJ-Comix · 18 replies
    NewsBusters ^ | October 19, 2015 | P.J. Gladnick
    How inflated is Venezuelan currency? So inflated that even thieves in Venezuela are refusing to steal it. This has been reported in several media outlets such as the New York Times and Vox but a certain word is very noticebably absent in both reports. It is the S-word that dare not speak its name. One big reason it is taboo in liberal circles to associate that word with economic failure is that one Democrat candidate for president is openly an advocate of the unspoken system and most of the rest of the other candidates silently support it. We start with...