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
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
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
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
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
| 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
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
Greetings from Tyler, Go ahead. Look at the headlines of the major “news” outlets. Try tuning in to the mainstream news networks or cable channels, and you’ll know what full-blown insanity looks like. Up to this point, the writers, anchors … Read More
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’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