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

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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

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| 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

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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

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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

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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

State violence in Venezuela

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UNITED NATIONS ― In a stunningly stark report on the political and economic conditions in Venezuela, the U.N.’s Human Rights chief Michelle Bachelet outlined a troubling litany of continuing human rights abuses, extrajudicial killings, and economic privations characterizing the besieged … Read More

Venezuela’s Maduro says UN rights report full of lies

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Venezuelan President Nicolas Maduro poses for pictures before meeting the European Union (EU)’s special adviser for Venezuela Enrique Iglesias at the Miraflores Presidential Palace in Caracas, Venezuela, on July 9, 2019. (Photo by AFP) Venezuela’s President Nicolas Maduro has slammed … Read More

President Maduro Orders The Bank of Venezuela to Accept Petro Crypto

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Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency, the Petro (PTR) at all of its branches, the country’s Finance Ministry tweeted on July 4. According to the tweet, Maduro gave “the express order to open Petro desks in … Read More

Venezuela says it foiled ‘coup’ plot involving U.S., Colombia and Chile

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Venezuelan Communications Minister Jorge Rodriguez speaks during a press conference at the Miraflores Palace in Caracas Wednesday. Venezuela’s socialist government said Wednesday it has derailed an attempted coup, claiming the United States, Colombia and Chile colluded in a plot by … Read More

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