Free Republic 2nd Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $73,753
83%  
Woo hoo!! And we're now over 83%!! Less than $14.3k to go!! Thank you all very much!! Let's git 'er done!!

Keyword: venezuela

Brevity: Headers | « Text »
  • Ask Venezuelans How Bernie Sanders-Style Socialism Is Working Out for Them

    05/27/2015 6:25:26 AM PDT · by SeekAndFind · 21 replies
    National Review ^ | 05/27/2015 | by Michelle Malkin
    Socialist genius Bernie Sanders has figured out what’s really ailing America. Our store shelves have too many different brands of deodorant and sneakers. Just look at all those horrible, fully stocked aisles at Target and Walgreens and Walmart and Payless and DSW and Dick’s Sporting Goods. It’s a national nightmare! If only consumers had fewer choices in the free market, fewer entrepreneurs offering a wide variety of products, and fewer workers manufacturing goods that people wanted, Sanders believes, we could end childhood hunger. Nobody parodies the far Left better than far-leftists themselves. In an interview with financial journalist John Harwood...
  • Businesses Quietly Switch To Dollar In Socialist Venezuela

    05/25/2015 3:02:17 PM PDT · by Aquamarine · 18 replies
    Associated Press ^ | May, 25,2015 | Hannah Dreier
    CARACAS, Venezuela (AP) -- It's still possible to buy a gleaming Ford truck in Venezuela, rent a chic apartment in Caracas, and snag an American Airlines flight to Miami. Just not in the country's official currency. As the South American nation spirals into economic chaos, an increasing number of products are not only figuratively out of the reach of average consumers, but literally cannot be purchased in Venezuelan bolivars, which fell into a tailspin on the black market last week. Businesses and individuals are turning to dollars even as the anti-American rhetoric of the socialist administration grows more strident. It's...
  • Venezuela to Launch Subsidized Food Program for Teachers

    05/25/2015 12:39:53 PM PDT · by Oldeconomybuyer · 14 replies
    TeleSur TV ^ | May 24, 2015
    ​Venezuelan President Nicolas Maduro has announced new plans to create a subsidized food program for school teachers and other workers in the education sector. Maduro explained that the new program would benefit as many as 700,000 families of education workers, including the children of teachers and professors. The president added that his government is committed to ensuring all teachers are provided with a living wage. Earlier this week, Maduro approved a 50 percent increase in teacher salaries.
  • A drug cartel’s power in Venezuela

    05/25/2015 11:36:33 AM PDT · by Brad from Tennessee · 5 replies
    Washington Post ^ | May 24, 2015 | By Jackson Diehl
    Venezuela is afflicted with the world’s highest inflation, its second highest murder rate and crippling shortages of food, medicine and basic consumer goods. Its authoritarian government is holding some 70 political prisoners, including the mayor of Caracas and senior opposition leader Leopoldo López, and stands accused by human rights groups of illegal detentions, torture and repression of independent media. All of that is now pretty well known, and it is finally beginning to gain some attention from Latin American leaders who for years did their best to appease or ignore Hugo Chávez and his “Bolivarian Revolution.” What’s less understood is...
  • WHY THEY QUIT BEING LEFTISTS

    05/24/2015 7:46:26 AM PDT · by Dqban22 · 11 replies
    The Independent Institute ^ | Nov 17, 2008 | By Carlos Alberto Montaner
    WHY THEY QUIT BEING LEFTISTS By Carlos Alberto Montaner The Independent Institute November 17, 2008 What led these people (along with Octavio Paz, Vargas Llosa, Ernesto Sábato, Plinio Apuleyo Mendoza, and so many other valuable intellectuals) to abandon communism and begin to defend the values of liberty? In the first place, the painful realization that the communist governments, without exception, built societies that were very poor and brutal, from which people invariably tried to flee in desperation. All the communist experiments failed, regardless of the substrata on which they tried to erect their systems. The Germans, the Slavs, the Latin...
  • Secret Pentagon Report Reveals US "Created" ISIS As A "Tool" To Overthrow Syria's President Assad

    05/23/2015 7:00:26 PM PDT · by Rockitz · 147 replies
    ZeroHedge.com ^ | 23 May 2015 | Tyler Durden
    From the first sudden, and quite dramatic, appearance of the fanatical Islamic group known as ISIS which was largely unheard of until a year ago, on the world's stage and which promptly replaced the worn out and tired al Qaeda as the world's terrorist bogeyman, we suggested that the "straight to beheading YouTube clip" purpose behind the Saudi Arabia-funded Islamic State was a simple one: use the Jihadists as the vehicle of choice to achieve a political goal: depose of Syria's president Assad, who for years has stood in the way of a critical Qatari natural gas pipeline, one which...
  • This Map Of US And Russian Arms Sales Says It All

    08/13/2014 11:26:32 AM PDT · by TangledUpInBlue · 11 replies
    Business Insider ^ | 8/14/14 | Skye Gould
    They say the Cold War is over, but Russia and the U.S. remain the leading supplier of weapons to countries around the world and are the two biggest military powers. Lately, tensions have been pretty high, too. The U.S. supplies much of NATO and Middle Eastern allies like Turkey, Israel, and Saudi Arabia. Russia supplies many BRIC nations, as well as Iran, much of Southeast Asia, and North Africa.
  • Jihadist Camps in America: A Ticking Time Bomb

    07/25/2013 5:07:00 PM PDT · by SJackson · 10 replies
    FrontPage Magazine ^ | July 25, 2013 | Ryan Mauro
    The Muslims of the Americas (MOA), a Pakistan-linked Islamist group that runs 22 “villages” across the U.S., is waging a litigation jihad against Martin Mawyer, President of the Christian Action Network. His offense, for which MOA demands $30 million, is exposing the group’s extremism in a new book with the help of inside information from a former MOA leader. Readers of Twilight in America get an inside look at MOA, a cultish Sufi Islamist group that follows Pakistani cleric Sheikh Mubarak Ali Gilani as a representative of Allah. Gilani also leads Jamaat ul-Fuqra, a Pakistani “Islamic sect that seeks to...
  • Spanish-Language News Network Failed to Disclose Clinton Donation, Lobbying Expenditures

    05/19/2015 2:27:54 AM PDT · by maggief · 26 replies
    Washington Free Beacon ^ | May 19, 2015 | Lachlan Markay
    A U.S. Spanish-language news network that lobbied Hillary Clinton’s State Department on U.S. policies toward Mexico reported on those policies without disclosing its lobbying expenditures and is covering the U.S. presidential election without informing views of its company’s donations to the Clinton Foundation. The network, Azteca America, has employed two Clinton confidantes since late 2008 to lobby the State Department on various initiatives affecting U.S. relations with Mexico, where its parent company is based, during and after Clinton’s tenure at the head of the agency. Mexican parent TV Azteca, a foundation associated with the company, and that foundation’s U.S. counterpart...
  • China Retakes Top Spot as the Biggest Foreign Owner of U.S. Debt

    05/16/2015 7:45:29 PM PDT · by Steelfish · 6 replies
    Wall St. J ^ | May 16, 2015 | IAN TALLEY
    China Retakes Top Spot as the Biggest Foreign Owner of U.S. Debt By IAN TALLEY It was a short-lived domination. After just a month of being the top holder of U.S. Treasury debt, Japan has once again been pushed into the No.2 slot as China bulked up on Uncle Sam’s bonds and notes. As we noted last month – and several times before that – Treasury’s data is a rough guesstimate. That makes it hard for analysts sifting through the obscure sheaves of digital data to glean anything but rough trends. It also makes it difficult to draw precise conclusions....
  • FOREIGN OWNERSHIP OF US DEBT RISES; CHINA RECLAIMS TOP SPOT

    05/16/2015 5:28:04 AM PDT · by 9thLife · 16 replies
    AP ^ | May 15, 4:26 PM EDT | BY CHRISTOPHER S. RUGABER
    WASHINGTON (AP) -- Foreign holdings of U.S. debt rose in March as China ramped up its purchases and displaced Japan as the leading owner of U.S. Treasury securities. The Treasury Department says overseas ownership of U.S. debt rose 2.1 percent in March to $6.18 trillion. That is below January's record of $6.22 trillion. China added $37.3 billion ... bringing its stockpile to $1.26 trillion... ahead of Japan, which added just $2.5 billion...to $1.23 trillion. ... The U.S. deficit topped $1 trillion from 2009 through 2012. Foreign governments...account for two-thirds of the foreign holdings...rose 1 percent from the previous month to...
  • Why MLB Teams Are Fleeing Venezuela

    05/16/2015 8:46:56 PM PDT · by MinorityRepublican · 33 replies
    The Wall Street Journal ^ | May 4, 2015 | BRIAN COSTA and EZEQUIEL MINAYA
    Tucked away among the tilled plots and scrubby pastures of this rural town, the Seattle Mariners’ baseball academy is mostly abandoned. The weight room has been cleared of machines. The numbered locker-room stalls are bare. One afternoon last week, a grounds crew pulled out bases from the main field while workers packed away a few stray trophies, bats and uniforms. But the teenage prospects who shared bunks here just three weeks ago are gone, shipped off to a newer school in the Dominican Republic.
  • Venezuelan currency tanks; inflation seen near 100%

    05/14/2015 3:09:53 PM PDT · by Oldeconomybuyer · 29 replies
    CNBC ^ | May 14, 2015 | by Katy Barnato
    Venezuela's black market exchange rate weakened below a key level on Thursday, as the bolivar's decline steepened in the face of hyperinflation and a rapidly shrinking economy. Over the past couple of years the value of the currency has plummeted against the dollar to its present 300 bolivar level. In 2012, a dollar would get you 10 bolivars, according to unofficial exchange rates. By the time President Nicolas Maduro was inaugurated in April 2013, it was 24 bolivars to the dollar and by this January it was at 173. This black market rate of 300.72 on Thursday was almost 50...
  • Newest commodity to be rationed in boiling-hot Venezuela? Electricity

    05/08/2015 1:56:43 PM PDT · by PROCON · 14 replies
    foxnews ^ | May 8, 2015 | Fox News Latino
    Venezuelans are criticizing electricity rationing that government officials began carrying out this week after the country’s electrical system continued to overload because of an ongoing heat wave. Ministries and other public institutions will now work until 1:00 p.m., reducing their workday from 8 to 6 hours. Private companies have also been required to cut their electricity intake by 10 percent. The overall goal is to achieve a 20-percent reduction of country’s power consumption in order to prevent overloading the system. "We are in the presence of a significant increase in the temperature," said Jesse Chacón, the country's Energy Minister, according...
  • It's No Joke:Venezuela Cracks Down On Comedians (A funny thing happened on the way to Utopia.)

    05/05/2015 3:25:18 PM PDT · by Kid Shelleen · 18 replies
    NPR ^ | 05/05/2015 | JOHN OTIS
    Laureano Márquez was performing a benefit at his old high school in the Venezuelan city of Maracay. The comedian dwelled on the absurdities of life in this oil-rich nation, where gas is cheaper than water but it's hard to find milk, toilet paper and many other everyday goods. In the supermarket, Màrquez said, desperate customers will steal scarce items right out of your shopping cart. "In Venezuela, you get robbed of stuff that isn't even yours yet," he said to a round of laughs. Turning serious, Marquez tells the crowd that the socialist revolution, launched 16 years ago by the...
  • Why MLB Teams Are Fleeing Venezuela

    05/05/2015 11:37:34 AM PDT · by C19fan · 26 replies
    Wall Street Journal ^ | May 4, 2015 | Brian Costa and Ezequiel Maya
    Tucked away among the tilled plots and scrubby pastures of this rural town, the Seattle Mariners’ baseball academy is mostly abandoned. The weight room has been cleared of machines. The numbered locker-room stalls are bare. One afternoon last week, a grounds crew pulled out bases from the main field while workers packed away a few stray trophies, bats and uniforms. But the teenage prospects who shared bunks here just three weeks ago are gone, shipped off to a newer school in the Dominican Republic.
  • Venezuela can now barely keep the lights on

    05/04/2015 10:41:01 AM PDT · by Kartographer · 33 replies
    Business Inside via Yahoo Finance ^ | 5/4/15 | Christopher Woody
    Already buffeted by widespread violence, crippling shortages, and skyrocketing inflation, Venezuelans will be confronted with a new burden in the coming weeks: nationwide electricity rationing. The government of President Nicolas Maduro said last week that a plan to ration and otherwise adjust energy usage would go into effect to address increasing demand, which has been spurred on in part by a recent rise in temperatures in the Caribbean country. The measures of the rationing plan include reducing workday length for some public officials to six hours, requesting that private firms increase their electrical efficiency, and the inspecting of factories and...
  • False Fears About Free Trade

    05/03/2015 7:14:13 AM PDT · by Kaslin · 20 replies
    Townhall.com ^ | May 3, 2015 | Steve Chapman
    Political debates often pit fear against hope, and when it comes to international trade agreements, many Democrats prefer to scare. It's a durable strategy that they can't relinquish -- even though it usually fails. If you're going to make a horror movie, you need a villain who can make your blood run cold. Despite endless efforts to pump this one up, the audience mostly yawns. Americans have gotten too used to the obvious benefits of trade to be terrified by German cars, Canadian oil or Chinese toys. The Obama administration is currently negotiating with 11 other nations on a Trans-Pacific...
  • Amid crumbling economy, Venezuela's Maduro raises minimum wage 30 pct

    05/03/2015 5:07:59 AM PDT · by Oldeconomybuyer · 30 replies
    FOX News Latino ^ | May 2, 2015
    President Nicolás Maduro raised Venezuela's minimum wage Friday for the second time this year to help workers being battered by the world's highest inflation. Speaking at a May Day rally, the socialist leader said he is boosting the minimum wage and pensions for retirees by 30 percent, with two-thirds of the increase coming this month and the rest on July 1. He also said he would raise salaries for government employees and military personnel. The wage increase, while a welcome relief for many workers, fell short of expectations that the embattled Maduro might use Friday's celebrations to expand state control...
  • Venezuela to nationalize food distribution

    05/02/2015 11:16:29 PM PDT · by Zakeet · 40 replies
    AFP ^ | May 2, 2015
    Venezuelan President Nicolas Maduro has promised to nationalize food distribution in the South American nation beset with record shortages of basic goods, runaway inflation and an escalating economic crisis. [Snip] Various estimates suggest the government already controls about half of the country's food distribution, but that hasn't stopped record shortages in shops and markets. Venezuela is struggling with a recession, 68.5-percent annual inflation and severe shortages of the basic goods that it relies on oil money to import. On any given day, people in Venezuela can wait hours to get some subsidized milk, cooking oil, milk or flour -- if...
  • Venezuela Rations Electricity, Blames Climate Change

    04/30/2015 12:31:36 PM PDT · by george76 · 17 replies
    Breitbart News Network ^ | 29 Apr 2015 | Frances Martel
    Public employees will only have to work six hours a day until further notice, and police units will be sent to inspect private businesses to ensure they only use their allotted amounts. Venezuelan Vice President Jorge Arreaza blamed the measures on climate change. ... The Venezuelan government is responsible for providing electricity in the socialist nation, and concerns that power is running out in the OPEC nation have triggered alarm that power may be next on a list of basic scarcities in Venezuela that include milk, laundry detergent, and vegetable oil. ... Vice President Arreaza also made a bizarre call...
  • Venezuela's Medical Crisis Requires World Attention

    04/29/2015 4:56:16 AM PDT · by Jim Noble · 33 replies
    Boston Globe ^ | April 29, 2015 | Editorial Board
    IT HAS BEEN the hallmark of socialism in Venezuela: free, high-quality medical care. Late President Hugo Chávez changed the constitution to guarantee such right to all Venezuelans. But that same health care system is now crumbling under the weight of an economic crisis, causing a severe shortage of normal medical care and many avoidable deaths. Venezuela has grown increasingly alienated from the United States and its Central American neighbors, but its political estrangement doesn’t justify the lack of urgency from the international community. Although many places call out for medical intervention, Venezuela’s growing medical collapse deserves a significant dose of...
  • UNDERSTANDING THE VENEZUELAN DEBACLE

    04/22/2015 4:48:50 AM PDT · by thackney · 14 replies
    Georgetown Public Policy Review ^ | APRIL 21, 2015 | LEONEL PRIETO
    Empty shelves in the supermarkets. Never-ending lines forming before dawn to buy whatever basics good from whatever brand arrives to the store. Hostile military officers threaten reprisal, ensuring that those lined up keep their grievances silent. This is how shopping for food or basic household goods looks like in Venezuela today. Rising shortages and inflation have submerged the country in a deep recession. This precarious reality is the result of actions carried out by the ‘revolutionary’ government in the past years: a model of poor economic management in a context of prevalent incompetence, corruption, and human rights violations. Did oil...
  • Venezuela receives $5 bn funding from China

    04/20/2015 2:09:24 AM PDT · by dila813 · 9 replies
    Yahoo ^ | Today | AFP
    Cash-strapped Venezuela has received $5 billion in financing from China, President Nicolas Maduro announced Sunday as his country struggles with an economic crisis. "We just received $5 billion more in financing for development," Maduro said in a radio and television address.
  • [EU High Representative] Mogherini visits Cuba to normalize ties

    03/24/2015 9:46:49 PM PDT · by Olog-hai
    EurActiv ^ | 23/03/2015 - 08:54 | (With AFP)
    EU foreign policy chief Federica Mogherini arrives in Cuba today (23 March) in a bid to spur sensitive talks aimed at normalizing ties with the Communist island state. The visit comes as previously icy relations between Cuba and the West are thawing, following the dramatic rapprochement between Havana and Washington over the last few months. […] In 2014, the EU launched its normalization process with the Americas’ only communist nation to encourage the country to pursue reforms allowing for private initiatives without having to change the one-party political system. The negotiating sessions earlier this month, initially scheduled for January, had...
  • Two men guilty in New York airport bomb plot case

    08/02/2010 2:20:44 PM PDT · by La Lydia · 6 replies · 4+ views
    Reuters ^ | August 2, 2010 | Basil Katz
    NEW YORK – Two Islamist militants were found guilty on Monday by a federal jury of plotting to bomb New York's John F. Kennedy International Airport. Russell Defreitas, 67, a U.S. citizen born in Guyana, and Abdul Kadir, 58, of Guyana, conspired to blow up buildings, fuel tanks and pipelines at the airport in the New York City borough of Queens. The men, who were arrested in June 2007, face up to life in prison. They are due to be sentenced on December 15. Defreitas, who had worked at the airport, provided knowledge of its facilities and layout, U.S. prosecutors...
  • Obama says Brazilian President Rousseff will visit US in June

    04/11/2015 11:31:43 PM PDT · by Cincinatus' Wife · 17 replies
    Fox News ^ | April 11, 2015
    President Barack Obama says Brazilian President Dilma Rousseff will visit Washington this summer, nearly two years after she canceled a similar trip to protest U.S. spy programs. Her visit is set for June 30. Rousseff canceled a state visit to the U.S. in the fall of 2013 to protest an American spy program that targeted Brazil's government and citizens.
  • Venezuela reaches the final stage of socialism: no toilet paper

    04/05/2015 7:40:29 PM PDT · by Kartographer · 112 replies
    Business Insider ^ | 4/5/15 | DAVID BOAZ,
    Venezuela's product shortages have become so severe that some hotels in that country are asking guests to bring their own toilet paper and soap, a local tourism industry spokesman said on Wednesday…. "It's an extreme situation," says Xinia Camacho, owner of a 20-room boutique hotel in the foothills of the Sierra Nevada national park. "For over a year we haven't had toilet paper, soap, any kind of milk, coffee or sugar. So we have to tell our guests to come prepared."… Montilla says bigger hotels can circumvent product shortages by buying toilet paper and other basic supplies from black market...
  • Rand Paul's excuse for avoiding the 'religious freedom' law controversy doesn't add up

    04/03/2015 12:10:36 PM PDT · by C19fan · 34 replies
    Business Insider ^ | April 2, 2015 | Hunter Walker and Colin Campbell
    Sen. Rand Paul (R-Kentucky) is the only major Republican likely 2016 presidential candidate who hasn't weighed in on the controversy over Indiana's "religious freedom" law that erupted this week — and his explanation for avoiding the issue is questionable.
  • Tomorrow Never Came in BBC Search for Venezuelan Goods

    03/31/2015 5:40:05 PM PDT · by PJ-Comix · 7 replies
    NewsBusters ^ | March 31, 2015 | P.J. Gladnick
    Daniel Pardo of BBC Mundo went on a shopping spree to see how many household goods he could find while waiting on the notoriously long lines in Venezuela. On the first day he was able to obtain a grand total of only three items out of a shopping list of eight but promised he would return the next day to see if he could get any of the rest. Well, as far as the world knows tomorrow never came. In fact, following the  March 16 Spanish language broadcast of his first day shopping for the three items, it seems Daniel Pardo never returned....
  • Venezuela Cuts Oil Subsidies To Caribbean Nations

    03/31/2015 7:31:19 AM PDT · by thackney · 6 replies
    NPR ^ | MARCH 30, 2015 | Jackie Northam
    Venezuela is Latin America's largest oil producer, and its economy depends heavily on oil exports. It's been been hit hard by the tumbling oil prices. "Venezuela is in desperate straits. The oil sector has been deteriorating, and now with the slumping oil prices, they needed cash desperately," says Michael Shifter, the president of the Inter-American Dialogue, a Washington, D.C.-based group that studies the region. Shifter says it's no surprise that Venezuela is trimming back a program that provides oil at subsidized, deferred payment rates to many of its Caribbean neighbors that are dependent on energy imports. Petrocaribe — an alliance...
  • Angola joins Venezuela among biggest losers of oil's tumble

    03/30/2015 8:13:03 AM PDT · by Lorianne · 8 replies
    CNBC ^ | 28 March 2015 | Will Duke
    Plunging oil prices have been an economic windfall for U.S. consumers, primarily through greater savings at the pump. In energy-reliant countries around the world like Angola, however, the effect has been far less beneficial. Social and economic turmoil in countries like Venezuela and Russia—largely because of the swoon in global oil prices—has drawn attention away from Angola, an OPEC member that is Africa's second-largest oil producer. The country churns out 1.75 million barrels of oil per day, according to the Energy Information Agency (EIA). The sub-Saharan country is hugely dependent on oil production to generate revenue for its economy, which...
  • Price decline hits oil patch

    03/29/2015 10:19:40 AM PDT · by Perkinsbob54 · 5 replies
    Albuquerque Journal ^ | 3/25/15 | Kevin Robinson-Avila
    At least 2,000 jobs will likely be lost in New Mexico’s oil and gas industry in the coming months because of sharp declines in the price of crude oil, according to estimates by the New Mexico Energy, Minerals and Natural Resources Department.
  • Venezuela slashes oil shipments to Cuba, Caribbean in half

    03/27/2015 5:16:56 PM PDT · by Brad from Tennessee · 5 replies
    Miami Herald ^ | March 26, 2015 | By Antonio María Delgado
    Venezuela has cut in half its subsidized shipments of crude oil to Cuba and Petrocaribe member nations to 200,000 barrels per day, down from 400,000 shipped in 2012, a Barclays report says. Also, the British investment bank’s report considered it “ironic” that Venezuela would ship any oil at all, highlighting that while the country is going through extreme difficulties, it continues to subsidize oil sales to countries that have healthier economies. . . Because of the cuts in oil shipments to the Caribbean, the firm reduced its deficit forecast for Venezuela to $22.6 billion, down from more than $30 billion...
  • Things that will happen if Venezuela implodes

    03/25/2015 2:33:39 PM PDT · by Citizen Zed · 45 replies
    cnbc ^ | 3-25-2015
    An economic implosion is becoming increasingly likely in Venezuela , and the country's debtholders, trade partners and neighbors are bracing for the fallout. The country's energy-dependent economy requires oil prices above $100 per barrel in order to sustain itself. Oil accounts for 95 percent of the country's export earnings, and combined with gas, it's 25 percent of the country's gross domestic product. Internationally traded Brent crude prices have fallen more than 48 percent in the past year. Meanwhile, a combination of inflation and currency controls have generated scarcity of basic needs such as flour, toilet paper and medicine. Venezuelans stand...
  • All the Wars and Coups of President Ted Cruz

    03/23/2015 11:10:55 PM PDT · by 2ndDivisionVet · 8 replies
    Los Angeles City Watch ^ | March 24, 2015 | Professor Juan Cole, University of Michigan
    Texas Senator Ted Cruz, one of three Cuban-Americans in the Senate, is throwing his hat into the ring for the 2016 presidential race today. Cruz has made a career out of slamming President Obama for being weak and presiding over the collapse of countries like Yemen (as though Cruz could have done anything about that if he had been president). I figure if you total them all up, Cruz has called for six or seven strong US interventions abroad, whether in the form of invasions, air strikes, or covert coups d’etat. It is hard to tell exactly, since he doesn’t...
  • BBC Shows Wait Time for Products in Venezuela; Avoids the Why

    03/23/2015 3:02:31 PM PDT · by PJ-Comix · 11 replies
    NewsBusters ^ | March 23, 2015 | P.J. Gladnick
    WHY? WHY? WHY?That is what your humble correspondent wants to shout at the computer screen while watching this BBC Mundo report presented by Daniel Pardo in Venezuela. Pardo actually has a good idea, namely to see how long it takes to buy eight basic home products (yes, including toilet paper) while waiting on the notoriously long lines in that country. Unfortunately he does not inform us "why" the situation is so dire even though the S-word providing the answer is proclaimed on wall posters all over that oil-rich but impovershed nation. Therefore Pardo is this week's winner of the John Chancellor Avoidance of...
  • Oil Price Dips Under $55 on Saudi Output Fears

    03/23/2015 5:06:43 AM PDT · by thackney · 6 replies
    Wall Street Journal ^ | March 23, 2015 | GEORGI KANTCHEV
    ...Brent for delivery in May fell 1.1% to $54.71 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, light, sweet crude futures for delivery in May traded at $45.64 a barrel, down 2% from last week’s close. Both contracts gained last week with U.S. crude snapping a four-week losing streak. On Sunday, Saudi Arabia’s influential oil minister Ali al-Naimi told a conference in Riyadh that there was no conspiracy behind the Organization of the Petroleum Exporting Countries’ decision last fall to maintain its output target. He said the group could have lost market share if it...
  • Source: China to Lend Venezuela $10B in Coming Months

    03/22/2015 7:04:24 AM PDT · by thackney · 15 replies
    Reuters via Rig Zone ^ | March 20, 2015 | Corina Pons & Alexandra Ulmer|
    hina will lend Venezuela around $10 billion in coming months, half as part of a bilateral financing deal and the other half for the development of oil fields, a senior official at state oil company PDVSA said on Thursday. Fresh funds are a boon for financially squeezed Venezuela and will likely increase market confidence over the OPEC country's ability to meet major debt payments and arbitration awards. Venezuelan bonds rose on Thursday following the news. However, relief may be tempered as the loans appear largely earmarked and will only go so far in countering the steep tumble in oil prices...
  • Communists Thank SEIU for Help in Releasing Cuban Mass Murderer

    02/19/2015 1:52:11 PM PST · by george76 · 8 replies
    Breitbart News Network ^ | 19 Feb 2015 | Spyridon Mitsotakis
    Gerardo Hernandez, a spy for Communist Cuba and the man responsible for the murder of four humanitarian workers (three of whom were American citizens) over international waters, was freed from prison last year by the Obama administration, due in part to the Service Employees International Union (SEIU). This was revealed at a February 6, 2015, celebration of Hernandez’s release, along with two of his fellow Cuban agents (collectively known as the “Cuban 5.. At the beginning of the event, an IPS official thanked all who who took part in the 17-year campaign and singled out a number of organizations that...
  • GOTTA SEE: Congressional hearing probes Iranian reach in Latin America

    03/19/2015 10:08:50 AM PDT · by Ooh-Ah · 8 replies
    Fox News ^ | Mar 19, 2015 | Amb. Roger Noriega AND Jenna Lee
    Mar 19, 2015 Congressional hearing probes Iranian reach in Latin AmericaReaction from Amb. Roger Noriega, former US ambassador to the Organization of American States
  • Penn State Professor Arrested in Miami After Rant on Plane

    03/17/2015 6:21:23 AM PDT · by SoFloFreeper · 58 replies
    ABC/AP ^ | 3/17/15
    An associate sociology professor at Penn State University faces disorderly conduct charges.... .... 52-year-old Karen Halnon started a rant about U.S-Venezuela relations about half way through a Saturday flight from Nicaragua to Miami. A passenger on the plane caught the rant on video, which was posted on local television websites. It also showed her lighting a cigarette and blaming it on another passenger.
  • Venezuelan parliament OKs decree powers for president

    03/15/2015 2:03:26 PM PDT · by Olog-hai · 22 replies
    Associated Press ^ | Mar 15, 2015 5:01 PM EDT
    The Venezuelan parliament has approved a law giving President Nicolas Maduro the power to legislate by decree for nine months in the face of what he describes as threats by the U.S. government. The so-called “anti-imperialist” law passed on Sunday will be in effect from the time it is published in Venezuela’s Official Gazette and until Dec. 31. …
  • Oil Prices Drop as Production Hums Along Despite a Brimming Supply

    03/14/2015 1:29:35 AM PDT · by Berlin_Freeper · 9 replies
    nytimes.com ^ | MARCH 13, 2015 | STANLEY REED
    Just as the oil market appeared to be stabilizing, the price of crude resumed its descent on Friday. The drop, of about 4 percent, came after a report from the International Energy Agency warning that oil pouring into tank farms in the United States might “soon test storage capacity limits.” The agency, whose reports are closely monitored by oil traders, said that overflowing storage “would inevitably lead to renewed price weakness.” American production of oil continues to increase despite recently announced cutbacks in new drilling by producers.
  • Cuba throws weight behind Venezuela in row with US

    03/10/2015 9:49:47 AM PDT · by ColdOne · 13 replies
    au.news.yahoo.com ^ | 3/11/15 | afp
    Havana (AFP) - Cuba rallied behind Venezuela on Tuesday, offering its closest ally "unconditional support" after US President Barack Obama authorized new sanctions against officials of the turbulent South American oil producer. The Cuban reaction marked its first public confrontation with the United States since the two countries began discussions in December on fully restoring diplomatic relations. Cuba joins other leftist regional governments in closing ranks with Caracas in the deepening US-Venezuela row. An official statement published in the island's state-run media called Obama's executive order implementing the sanctions "arbitrary and aggressive." "Cuba again reiterates its unconditional support and that...
  • Best of Venezuelan (Anti-Gringo) Propaganda

    03/10/2015 7:12:44 AM PDT · by Reaganite Republican · 2 replies
    Reaganite Republican ^ | 10 March 2015 | Reaganite Republican
    Like other economically-dubious regimes in Tehran, Moscow, and elsewhere, Hugo Chavez's bumbling replacement Nicolas Maduro (same 100% commie as before, *now* with less-than-half-the-charm) has recently been painting America as the cause of all their problems, which are indeed considerable. Nothing new from them, but he's really pouring-it-on now that the US is slapping sanctions on the most corrupt of Maduro's shady bunch... Remember Obama's warm greeting of Chavez, the smiles, funky handshake, and all? Just like Hillary's 'reset button' schtick at the Kremlin -and Obama's current bargaining with the Iranians- none of this ever changed a damn thing: these types will always 'hate'...
  • Obama declares Venezuela a threat to U.S. national security

    03/09/2015 9:56:19 AM PDT · by TangledUpInBlue · 49 replies
    AP ^ | 3/9 | Jeff Mason and Roberta Rampton
    U.S. President Barack Obama issued an executive order on Monday declaring Venezuela a national security threat, sanctioning seven individuals and expressing concern about the Venezuelan government's treatment of political opponents.
  • Venezuela to install finger scanners to tackle shortages

    03/08/2015 2:24:16 PM PDT · by 9thLife · 49 replies
    Y! via Associated Propaganda ^ | 21 (or 22?) hours ago (3/7/15) | Associated Press By HANNAH DREIR
    CARACAS, Venezuela (AP) — Venezuela will begin installing some 20,000 fingerprint scanners at supermarkets nationwide in a bid to stamp out hoarding and panic buying, which the government blames for long lines and widespread shortages of basic goods. ... On Saturday, President Nicolas Maduro said that seven large private retail chains had voluntarily agreed to install the scanners. "I ask for the the comprehension of all of Venezuela, to understand this problem, because there is a lot of manipulation taking place," Maduro said at the inauguration of a state-run supermarket. Economists say the effort is bound to fail. They blame...
  • REVEALED: The oil middleman between the Syrian regime and ISIS

    03/07/2015 11:25:20 AM PST · by elhombrelibre · 3 replies
    The Telegraph ^ | 7 Mar 15 | Unknown
    A Syrian businessman described as the "middleman" for oil deals between ISIS and Bashar al-Assad's regime will be targeted for European Union sanctions on Saturday. The listing of George Haswani, the owner of HESCO engineering company, sheds more light on financial links between Syria's regime and the Islamic State of Iraq and the Levant (ISIS or Isil or Islamic State or Daiesh).
  • Bush, Cheney banned from Venezuela

    03/04/2015 3:42:29 PM PST · by PROCON · 35 replies
    USATODAY | Mar. 4, 2015 | Girish Gupta
    Linky only.