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Category Archives: Nicolás Maduro

How Socialism Ruined Venezuela

Authored by Rafael Acevedo & Luis B. Cirocco via The Mises Institute, In order to understand the disaster that is unfolding in Venezuela, we need to journey through the most recent century of our history and look at how our institutions have changed over time. What we will find is that Venezuela once enjoyed relatively […]

Maduro Visits Putin, Proposes Global Oil Trade In Rubles, Yuan

Three weeks after the US imposed financial sanctions on Venezuela in an effort to cripple its economy and choke the Maduro regime, which in turn prompted Caracas to announce it would no longer receive or send payments in dollars, and that those who wished to trade Venezuelan crude would have to do so in Chinese […]

Venezuela Prepares For A War With The United States

The socialist nation of Venezuela has called on its military and asked them to prepare to go to war with the United States. Venezuela’s President Nicolas Maduro is bracing for war just days after the Trump administration banned Venezuelan officials from entering the nation. “We have been shamelessly threatened by the most criminal empire that ever existed […]

Venezuelans Face 25 Years In Prison For “Hate Or Intolerance”

In a harbinger of what – for various reasons – may be coming to the US, Venezuela’s brand new “all-powerful” constituent assembly is set to pass a bill that will jail anyone who expresses “hate or intolerance” for up to 25 years, a measure which the local opposition – and everyone else – is certain […]

Could Bitcoin Help Venezuelans As Crisis Deepens?

Authored by Michael Kern via Crypto Insider, Protests continue to rage in Venezuela as inflation soars to unprecedented levels and the price of oil remains low. The country’s national currency is now worth less than fictional gold in Azeroth, the setting of the popular massively multiplayer online role-playing game World of Warcraft, pushing Venezuelans to bitcoin […]

Venezuela’s Demise Is A Geopolitical Litmus Test For The U.S.

Authored by Grgeory  Copley via OilPrice.com, Is Venezuela’s 2017 transformation symptomatic of the growing global polarization? And does it show how the collapse of globalism is resulting in the re-emergence of a range of governmental forms which no longer even need to acknowledge “Western-style” democracy?  Are we seeing the revival of a bloc of pre-Westphalian […]

Socialist Dictator Of Venezula Lashes Out At Election Fraud Claims

The “democratic socialist” and president of Venezuela, Nicolas Maduro has lashed out at claims of electoral fraud by the company that administers Venezuela’s voting system.  Maduro is accusing the company of succumbing to pressure from “the Gringos and the Brits” to sabotage his controversial and dictatorial new assembly. “That stupid guy, the president of Smartmatic, pressured to […]

Opposition Threatens “War In The Streets” As Maduro Claims Victory In Venezuela Assembly Vote

Despite US threats of “strong and swift economic sanctions” that the WSJ reported overnight could cut off a crucial source of revenue for Venezuela’s financially distressed state oil company, PDVSA, the socialist state’s leader Nicolas Maduro is claiming victory in a vote to create a new “constituent assembly,” a vote that US government officials have […]

“We Are Tired Of Being Killed” Venezuelan Opposition Vows Violent Response To Maduro Power Grab

Venezuelan President Nicolas Maduro has made it clear: Nothing short of the invasion threatened by President Donald Trump will stop him from holding a vote on a new constituent assembly that will officially replace the country’s legislature and likely allow the embattled president to rewrite the country’s Constitution, cementing his grip on power. According to […]

Venezuelans Are Now Paying 1000 Times More For US Dollars Than They Did In 2010

zerohedge.com / by Tyler Durden / Jul 22, 2017 9:30 PM The hyperinflationary-hell in Venezuela’s currency is deepening as a crippling dollar shortage and a threat of oil sanctions (amid President Maduro’s attempts to rewrite the constition to maintain his grip on power) take their toll on the economy. Venezuela’s Latin American neighbors urged President Nicolas Maduro to refrain from actions that might exacerbate the […]