Venezuela denies entry to Guatemalan president-elect, scuppering meeting with opposition leader

posted in: News, World News

CARACAS (Reuters) – Venezuelan authorities on Saturday denied Guatemala’s president-elect Alejandro Giammattei entry into Venezuela, where he was scheduled to meet with opposition leader Juan Guaido. Giammattei, a conservative who won the Central American country’s presidency in August, landed at … Read More

Sorry If You’re Offended, but Socialism Leads to Misery and Destitution

posted in: News, United States

Socialism is the leading man-made cause of death and misery in human existence. On the same day that Venezuela’s “democratically” elected socialist president, Nicolas Maduro, whose once-wealthy nation now has citizens foraging for food, announced he was lopping five zeros … Read More

Armed conflict between Venezuela and Colombia is now a real, and terrifying, possibility

Venezuelan soldiers took part in military exercises on the Colombian border on Sept. 10. (Johnny Parra/EPA-EFE/Shutterstock) BOGOTA, Colombia — Thinking up ways our all-encompassing crisis could get even worse has become a grimly popular parlor game for Venezuelans. For years, … Read More

Venezuela’s Oil Woes Deepen as Chinese Contractor Halts Work

A pump jack stands at a Petroleos de Venezuela SA (PDVSA) Petropiar facility in El Tigre, Venezuela, on Sunday, Oct. 14, 2018. State-owned PDVSA doesn’t publish statistics, but environmentalists and analysts keep seemingly endless lists of examples of wayward crude … Read More

Venezuelans Turn To US Dollars And Gold As The Value Of Bolivars Continues To Drop

posted in: News, World News

This video of Venezuelan garbage men throwing away trash bags of paper money caught my attention today: Prof. Steve Hanke@steve_hanke Note: See video at source The clip is real and that really was Venezuelan money. However, the catch here is … Read More

Venezuela crisis: President Maduro says he had secret talks with US

posted in: News, World News

| The Venezuelan leader has confirmed that he is in talks with the Trump administration. -AFP Venezuela’s embattled President Nicolás Maduro said he had been in talks with the Trump administration for months, even as the US ramped up its … Read More

Venezuela’s Maduro Launches ‘Counteroffensive’ Against Opposition That Backs US Sanctions

posted in: News, World News

Americo De Grazia (L) and other allies of Juan Guaidó participate in a mass protest against Nicolas Maduro’s regime in Caracas on April 10, 2017. (Federico Parra/AFP/Getty Images) BOGOTA, Colombia—The regime of Venezuela’s Nicolás Maduro lashed out at the country’s opposition-run congress this … Read More

Venezuela: Trump freezes all of Maduro Regime’s U.S. Assets

posted in: News, World News

FEDERICO PARRA, JIM WATSON/AFP President Donald Trump has ordered a freeze on all of the Venezuelan regime’s U.S.-based assets. In a press release on Tuesday, the White House announced they were “cutting off financial resources from Maduro and his cronies” while “isolating … Read More

Venezuela hyperinflation hits 10 million percent. ‘Shock therapy’ may be only chance to undo the economic damage

posted in: News, World News

Venezuela’s state-run economic model wasted the world’s largest oil reserves. The country owes $100 billion to foreign creditors. Its educated, professional class has fled. Economic shock therapy, implemented in regions like the former Soviet bloc, could be its only chance. … Read More

US to do all to bring democracy back to Venezuela

US-built ‘great coalition’ in the region trying to find a solution to Venezuela’s crisis, says Mike Pompeo. Secretary of State Mike Pompeo (FILE PHOTO) ANKARA Secretary of State Mike Pompeo said Monday the U.S. will do whatever is necessary to … Read More

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