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Keyword: venezuela

Brevity: Headers | « Text »
  • 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.
  • McCain calls Obama’s foreign policy ‘delusional’

    03/02/2015 5:57:26 AM PST · by McGruff · 35 replies
    Associated Press ^ | March 2, 2015
    Sen. John McCain is charging the Obama administration’s foreign policy is “delusional” and says Secretary of State John Kerry’s global diplomacy has “accomplished nothing except mileage.” In an appearance on MSNBC, the Arizona Republican also calls Russian President Vladimir Putin a “meglomaniac” and “pariah.”
  • Venezuela president Maduro announces diplomatic sanctions against US

    02/28/2015 6:55:47 PM PST · by tcrlaf · 22 replies
    UK Gaurdian ^ | 2-28-2015 | Sybilla Brodzynski
    In a further deterioration of diplomatic ties between Venezuela and the US, President Nicolas Maduro announced on Saturday that he will curb the number of US diplomats allowed to work in the country and will impose mandatory visas for Americans travelling to the socialist nation. Maduro also said that any meetings between US diplomats and Venezuelans would have to be “authorised” by the Venezuelan government. The president said he decided to require visas for US citizens after the capture of an American pilot of Latin American descent in the state of Táchira, in western Venezuela. He said the pilot, whom...
  • BREAKING! VENEZUELA SAYS THEY’VE CAPTURED AMERICAN PILOT (video)

    02/28/2015 4:44:55 PM PST · by blueyon · 63 replies
    TheRightScoop ^ | 2/28/15 | soopermexican
    As if foreign policy couldn’t get any worse. The President Piece of Crap Maduro announced that they have captured an American pilot that was trying to topple his regime. Watch below:
  • Argentina: President Cristina Fernandez case dismissed

    02/27/2015 12:59:05 AM PST · by WhiskeyX · 7 replies
    BBC ^ | 26 February 2015 Last updated at 18:59 ET | BBC
    A federal judge in Argentina has dismissed a controversial case against President Cristina Fernandez de Kirchner and her foreign minister.
  • Vox Avoids S-word in Venezuela Crises Photo Essay

    02/26/2015 5:49:33 PM PST · by PJ-Comix · 5 replies
    NewsBusters ^ | February 26, 2015 | P.J. Gladnick
    Say it! SAAAAY IT!!! ---Sam Kinison General Electric Vox published a photo essay about the crises in Venezuela. The photos of the protests were picturesque but something important was missing. It was especially noticeable when the essay by Amanda Taub, 11 stunning photos of the protest movement sweeping Venezuela, touched on the dismal economy. Therefore the most stunning thing about the essay wasn't the photos but the very noticeable failure to mention a certain word seen all over Venezuela. A certain S-word seen all over the walls and billboards of Venezuela. A word that the corrupt government in Caracas proudly...
  • Why is the regime jailing private enterprise owners (and this blogger at risk).

    02/24/2015 4:48:20 PM PST · by Kartographer · 4 replies
    Daniel's Blog Spot ^ | 2/23/15 | Daniel
    There is a very simple answer for that: the regime needs a scapegoat that pays with its hardcore, Luddite, take no hostage, resentful base. The question would be more interesting if worded differently: why does it pay to jail a few business owners? The answer to this question is a little bit longer but not very complicated. The reason can be found in 40 years of populism light followed by 15 of populism hard. In a country that has been told that "we are rich" and that the problem is that "wealth is not redistributed as it should" you do...
  • Putin Throws Wrench in Iran Nuke Talks

    02/23/2015 5:44:59 PM PST · by Ernest_at_the_Beach · 13 replies
    thefiscaltimes.com ^ | Mon, Feb 23, 2015, 8:39pm EST | Rob Garver, The Fiscal Times
    In an announcement that seems certain to further inflame opinions about a proposed deal to limit Iran’s nuclear capacity, it was revealed today that Russia’s state-owned defense conglomerate Rostec has offered to sell advanced anti-aircraft missiles to Iran. Related Stories Kerry Says Iran Extension Worth It Only If Deal Almost Done Bloomberg Iran leader says no nuclear deal better than bad one AFP World powers 'united', Kerry says ahead of new Iran nuclear talks AFP 'Significant gaps' remain in Iran nuclear talks: Kerry AFP
  • Venezuelans' long waits yield soap, and intelligence agents

    02/22/2015 1:56:09 PM PST · by Kartographer · 19 replies
    AFP via Yahoo News ^ | 2/22/15 | Valentina Oropeza
    At 7:30 am, the pharmacy opened. View galleryA woman checks food stocks on February 2, 2015 in Caracas, … A woman checks food stocks on February 2, 2015 in Caracas, Venezuela where the economic crisis is pr … There was not much on the shelves, but an employee confirmed a truck was expected. An hour later, the truck rolled up with a pair of National Guard troops who unpacked three boxes of soap bars, two of shampoo, and one very clear instruction: each person may buy up to two of each item. Not more. That is because the government is wary...
  • The Saudi project, part two Oil is back over $60 a barrel. Is the market returning to normal?

    02/20/2015 4:33:23 AM PST · by thackney · 61 replies
    The Economist ^ | Feb 21st 2015 | The Economist
    STAGE one of Saudi Arabia’s plan—or perhaps hope—to restructure the oil market is taking longer than expected. By refusing to rein in production while prices fell, the Saudis permitted a big surplus to grow and served notice on higher-cost rivals (Russia, Venezuela, American shale-oil producers) that they would not prop up other people’s profit margins at the expense of their own market share. That signal has been weakened by the growing amount of oil in storage, which is absorbing most of the glut. World oil stocks rose about 265m barrels last year and Société Générale, a French bank, reckons they...
  • Why does Obama really want to open Cuba to the U.S.?

    02/22/2015 8:53:32 AM PST · by Oldpuppymax · 10 replies
    Coach is Right ^ | 2/22/15 | George Spelvin
    Was the real reason for Obama’s Executive Order opening Cuba to the United States his desire to fulfill the imprimatur of the Weather Underground to establish Communism in America? A FOIA request forced the FBI to open its top secret archives on the Weather Underground movement. Founded by several urban 1960′s revolutionaries including the husband-wife team of Bill Ayres-Bernardine Dohrn, the WUO grabbed the nation’s attention with its bombings, attacks on police and police headquarters and various acts of domestic terrorism. “The example of the Cuban revolution became the guide for the emerging American student revolutionary” states this FBI vault...
  • Since 9/11, The U.S. Has Been Involved In More Than 5 Wars … And They’ve All Been Disasters

    02/22/2015 7:05:35 AM PST · by Leaning Right · 50 replies
    Zero Hedge ^ | Feb. 20, 2015 | "George Washington"
    Below, we demonstrate that the U.S. keeps “losing” war after war. There are 3 potential reasons this might be happening: •Is this chaos an intentional way to implement regime change and grab resources? •Or is this a sign of the decline of the American empire … and we just can’t win a war anymore? •Or do those in charge just not really give a damn about winning … and are they just focusing on one short-term goal after another?
  • Venezuela's final death throes

    02/21/2015 12:12:50 PM PST · by DanMiller · 18 replies
    Dan Miller's Blog ^ | February 21, 2015 | Dan Miller
    Arrest of the mayor of Venezuela's largest city on charges of treason should, but probably will not, end the dictatorial reign of Chavista el Presidente Maduro.My wife, Jeanie, and I spent periods totaling more than two years, and ranging in length from six months to a few days, in Venezuela between 1997 and 2002. During those periods, we saw much of Venezuela, from the cities to the rural mountain areas. It was a beautiful and comparatively prosperous country then. Food, most of it locally grown or raised, was plentiful, good and inexpensive. We both received excellent but inexpensive medical care. I felt safer in...
  • Worriedly nonplussed in Caracas

    02/20/2015 12:31:14 PM PST · by Kartographer · 8 replies
    Daniel Venezuela Blogspot ^ | 2/19/15 | Daniel
    The regime tonight has crossed one of those big, sloppy, obvious, dangerous red lines tonight. The kind of crossing from where there might not be a return point. Not that I am picky on that, as far as I am concerned that red line was crossed when RCTV was closed. But I digress. Yet, arresting the mayor of Caracas, the highest recipient of votes in the country after the presidential vote, a reelected mayor, and well reelected at that in spite of all the bias in favor of the regime's candidate who was then named as a sabotaging shadow mayor...
  • Russia Boosts Arms, Training for Leftist Latin Militaries

    02/20/2015 6:54:15 AM PST · by elhombrelibre · 9 replies
    Russia agreed to provide military training for three leftist regimes in Latin America and increase military visits and exercises following a visit last week to the region by Moscow’s Defense Minister Sergei Shoygu, Pentagon officials said. Shoygu met with defense and military leaders in Cuba, Venezuela, and Nicaragua and signed several agreements on warship visits and military training during the visit, which ran from Feb. 11 to 14. It is not clear whether any new arms deals were completed during the visit. Defense officials said the Russian leader is seeking bases in the region for strategic bomber flights that Shoygu...
  • Caracas mayor arrested on ‘coup plot’ claims

    02/20/2015 6:57:24 AM PST · by DUMBGRUNT · 2 replies
    The Washington Post ^ | February 20 | Nick Miroff
    Calling the twice-elected Ledezma "a vampire," Maduro vowed an "iron fist" response to the alleged coup plot.
  • Venezuela police raid arrests Caracas mayor Antonio Ledezma ("carried him away"'if he were a dog')

    02/20/2015 2:09:34 AM PST · by Nextrush · 23 replies
    BBC News ^ | 2/19/2015 | BBC
    The mayor of Venezuela's capital, Antonio Ledezma, has been arrested amid accusations of a coup attempt. President Nicolas Maduro said the opposition leader must answer "for all the crimes committed against the country's peace and security." Camouflaged police smashed into the mayor's office and carried him away...... Hundreds of people gathered at the intelligence agency's HQ in Caracas to protest at the arrest..... Mr. Ledezma was on a list of people and foreign powers named by Mr. Maduro last week as attempting to bring down his administration. Mr. Ledezma, Caracas mayor since 2008, replied that it was government corruption that...
  • All Bubbles Burst: China's Real Estate Market Crashing, Eurogroup Prepare For Grexit & Default...

    02/18/2015 10:23:39 AM PST · by alexmark1917 · 6 replies
    China's Real Estate Market Crashing... Real Estate is the single biggest domestic lending segment in China. Combined with deflation in Iron Ore, Steel, Copper, and other industrial metals China's collateral quality is looking very very shaky compared to loan volume... SNIP While the world's attention is glued to events in Greece, the real action continues to evolve quietly thousands of kilometers east, in China, where the near record surge in new loans remains unable to offset the dramatic slowdown in shadow banking issuance. And while China's bubble-chasing, animal spirits have recently reoriented themselves from real estate to the stock market,...
  • Get Ready for $10 Oil

    02/17/2015 10:29:59 AM PST · by Duke C. · 65 replies
    Bloomberg | A. Gary Shilling
    At about $50 a barrel, crude oil prices are down by more than half from their June 2014 peak of $107. They may fall more, perhaps even as low as $10 to $20. Here’s why.
  • The Coming Oil Crash: Why Oil Prices Will Drop

    12/31/2007 8:57:38 AM PST · by Clemenza · 139 replies · 343+ views
    Portfolio | January 2008 | John Cassidy
    http://www.portfolio.com/views/columns/economics/2007/12/17/Why-Oil-Prices-Will-Drop
  • Tweeting for Treatment in Venezuela

    02/13/2015 5:53:24 AM PST · by C19fan · 8 replies
    OZY ^ | February 13, 2015 | Sergio Held
    It’s a tweet that ultimately fell on deaf ears: “#ServicioPublico Infalgan solution of 10 Mg for injection is needed for Vanessa Chacón.” S ent from San Rafael del Piñal, a small town in Venezuela near the border with Colombia, the tweet was sent on behalf of Chacón, 22, who needed the medicine to survive a severe coronary condition. Unfortunately, it’s simply not available there — and isn’t likely to be anytime soon. “My niece is very sick. We haven’t been able to locate the drug in pharmacies or in hospitals,” says Nelson Jaimes, who’s Chacón’s uncle and, coincidentally, a pharmacist....
  • Why "drill, baby, drill" was right

    02/11/2015 4:35:29 PM PST · by upsdriver · 27 replies
    TribTalk ^ | February 11, 2015 | Sarah Palin
    It’s always a pleasure returning to the beautiful Lone Star State. This week I’m in Houston speaking with the industrious men and women of America’s oil patch at the North American Prospect Expo. These are the unsung heroes of our nation’s energy renaissance. In the brutal economic environment of the last six years, one sector had good news to report, and it came straight out of America’s oil patch. From 2007 to 2012, employment in the energy industry rose a dramatic 31.6 percent while employment nationwide fell 2.7 percent. U.S. oil production increased from 6.5 million barrels per day in...
  • Governor Palin Pens Energy Op-Ed for Houston Tribune

    02/11/2015 4:38:41 PM PST · by Bratch · 40 replies
    Conservatives4Palin ^ | February 11 2015 | Sarah Palin via Steve Flesher
    Governor Palin wrote a great article for the Houston Tribune today loaded with a lot of good facts on energy.  She also notes an interesting flip flop from our president on the matter. It’s always a pleasure returning to the beautiful Lone Star State. This week I’m in Houston speaking with the industrious men and women of America’s oil patch at the North American Prospect Expo. These are the unsung heroes of our nation’s energy renaissance.In the brutal economic environment of the last six years, one sector had good news to report, and it came straight out of America’s oil patch. From...