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Monthly Archives: January 2015

Cuba needs to retain economic oxygen provided by Venezuela

Cuba-US rapprochement is not expected to compromise Caracas aid in the short term TODAY VENEZUELA (ElUniversal) The Cuban economy will continue, at least for other three years, depending on strategic trade with Venezuela, even though...

Venezuelan president’s speech conditioned by avoidance

Sociologist Maryclen Stelling and political expert Luis Salamanca agreed on saying that the political wording of President Nicolás Maduro at the National Assembly resembled fear of the political cost   TODAY VENEZUELA (EL Universal) In his...

Citgo plans to collect US$2.50 billion in bonds, loans

  TODAY VENEZUELA - The bid for selling Citgo, a US-based refinery of state-run company Petróleos de Venezuela (PDVSA), was cancelled since the firm plans to collect US$2.50 billion in bonds and loans, Reuters reported,...

Maduro announces forex system for three markets

A foreign exchange system at an exchange rate of VEB 6.30 per US dollar will remain in place for priority items. One single Ancillary Foreign Currency Administration System (Sicad) will be established and the...

Capriles: The people have to show their discontent

TODAY VENEZUELA (El Universal) Venezuelan opposition leader and Miranda state governor, Henrique Capriles Radonski, stated on Monday that the people had to speak up "so it does not look like they accept the crisis"...

No, we ain’t got that. Shortages in Venezuela make standing in line a full-time...

TODAY VENEZUELA (Fusion.net) CARACAS — In Venezuela, grocery shopping has literally become a test of endurance. Venezuelans are fuming as long lines at the country’s supermarkets worsen, with people even camping out overnight —...

Is Venezuela Becoming the Most Dangerous Nation in Latin America?

TODAY VENEZUELA - With nearly 25,000 violent deaths estimated for 2014 and 90 violent deaths reported in Caracas in the first week of 2015, Venezuela may now be one of the most dangerous nations...

Venezuela Militarizes Its Supermarkets

Venezuela militarizes its supermarkets TODAY VENEZUELA (InsightCrime.org) President Nicolas Maduro has ordered Venezuela's security forces to maintain order in supermarkets and food distribution sites, highlighting how the country has prioritized political-driven security issues over efforts...

President Maduro: “China is a super power, yet it is not an empire”

Both nations have signed several cooperation agreements for over USD 20 billion, which will be allocated to priority sectors for national development, which would ensure the work of late President Hugo Chávez, who developed...

Venezuelan Crude Oil Down to US$47.05 Barrel

TODAY VENEZUELA (El Universal) The price of Venezuelan crude oil lost US$2.47 and hit US$47.05 last week, as reported by the Venezuelan Ministry of Petroleum and Mining. The Ministry  noted that "the downward trend in...

Forget the French Fries. How About a Side of Yuca With That Big Mac?...

  TODAY VENEZUELA - Forget the French fries. How about a side of yuca with that Big Mac? For the second time in as many months, an entire country is having go without McDonald’s fries....

Latest

New York Prosecutors Implicate Venezuela’s Maduro as Accomplice in Drug-Trafficking

The District Attorney for the Southern District of New York has released a document that reveals that Nicolás Maduro approved the drug trafficking actions...

Venezuela’s Health Crisis: 40 Percent of New Medical Graduates Have Already Left

The crisis in Venezuela is worsening and with it, has come a massive migration of talented professionals who decide to leave their homeland in...

Venezuela’s elections are just a new way for Maduro to cling to power

Nicolás Maduro, president of crisis-stricken Venezuela, will run for reelection in Venezuela in 2018, Vice President Tarick Al Aisammi announced in a Nov. 29...

Venezuela Running Out of Fuel for Air Travel, Leaked Memo Reveals

A newly released memo from Venezuela’s state-owned oil company, PDVSA, reveals the country lacks enough fuel to meet the demands of all aircrafts currently...

Rights Group Accuses Venezuela of ‘Systematic’ Torture of Political Opponents

Human Rights Watch has released a 62-page report, “Crackdown on Dissent: Brutality, Torture, and Political Persecution in Venezuela,” that accuses Caracas of severe human...

Maduro Hands Over Venezuela’s Oil Industry to the Military

The Venezuelan military has taken control of PDVSA, the state-run oil company largely responsible for holding up the last of the country’s economy. This...

Venezuela’s Socialist Regime Bankrupts Nationalized Supermarket Chain

Another major company is on the verge of bankruptcy in Venezuela due to dictator Nicolás Maduro’s mishandling of the economy, which has let an...