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Category Archives: Nicolás Maduro

Venezuela’s Maduro – Selling The Golden Goose

Authored by Jeff Thomas via InternationalMan.com, Venezuela is a naturally rich nation. It’s ranked seventh worldwide for biodiversity and has the world’s largest reserves of oil. This is a country that deserves, more than most, to thrive. However, as in all countries, it passes through economic cycles and, when on a downward curve, would-be leaders […]

“All I Have Is Hunger” – Many Venezuelans Too Weak To Protest Despite Maduro Misery

While tens of thousands of angry Venezuelans turned out for the 'mother of all protests' yesterday, facing an increasingly hostile military/police state, the numbers could have been significantly larger but for the fact that legions of poor Venezuelans are simply too frail from starvation to protest. Some say they are intimidated by armed pro-government militias […]

Venezuela Is The Wild Card In The OPEC Deal Extension

zerohedge.com / by Jacob Urban via OilPrice.com / Apr 11, 2017 1:20 PM News coming out of Venezuela over the past two years has reeked of corruption and failed political leadership: a long list of shortages, rampant poverty, incrimination of the opposition, and a recent move that puts the regime of Nicolas Maduro one step closer to a […]

Venezuela Protests As Maduro Blocks ‘Opposition’ For 15 Years

zerohedge.com / by Tyler Durden / Apr 8, 2017 Opponents of President Nicolas Maduro are calling on demonstrators to flood the streets of Caracas on Saturday as part of a weeklong protest movement that shows little sign of losing steam, after Venezuela’s embattled socialist government stepped up its campaign against the opposition by banning Henrique Capriles, two-time […]

Venezuela Protests As Maduro Blocks ‘Opposition’ For 15 Years

Opponents of President Nicolas Maduro are calling on demonstrators to flood the streets of Caracas on Saturday as part of a weeklong protest movement that shows little sign of losing steam, after Venezuela’s embattled socialist government stepped up its campaign against the opposition by banning Henrique Capriles, two-time presidential candidate and governor of Miranda state, […]

Maduro Scrambles To Defuse “Explosive” Situation As Supreme Court Reverses Ruling

While investors had largely given Venezuela’s economic catastrophe the benefit of the doubt for the past two years as crude collapsed and the country’s CDS soared to record highs only to normalize subsequently, yesterday bond investors got very nervous for the first time in a while, as the Venezuela 9.25% of 2027 bonds crashed on […]

Venezuela In Dire Straits As Oil Production Falls Further

Authored by Nick Cunningham via OilPrice.com, Venezuela’s economic crisis continues to deepen. The South American OPEC member is thought to be sitting on nearly 300 billion barrels of oil, far more than any other country in the world, including Saudi Arabia (estimated at 268 billion barrels). But the economy has been in freefall for several […]

This Is What Venezuela’s New, Vertical, Banknotes, Now With Added Zeros Look Like

We’ve all been eagerly waiting to see them: Venezuela’s crisp,brand new yet soon to be hyperinflated with many more zeros banknotes, and finally, after various failed attempts to deliver the new bills to Caracas (which according to Maduro were at least partially aborted due to pesky CIA meddling) they have arrived. And they are vertical. […]

Venezuelans rush to stash cash before biggest bill is voided

gata.org / By Andrew Rosati via Bloomberg News / December 12, 2016 Venezuelans on Monday were wearily rushing to deposit bank notes or dump their cash savings entirely following an announcement by President Nicolas Maduro that he was invalidating the country’s biggest bill because of what he says is an attack on the nation’s liquidity. The socialist […]

Maduro Puts Military In Charge Of Venezuela’s Food, Calls It “Great Sovereign Supply Mission”

Venezuelans carrying groceries cross the Simón Bolívar bridge from Colombia zerohedge.com / by Tyler Durden / Jul 13, 2016 4:23 PM Every time we believe Venezuela has hit rock bottom, president Nicolas Maduro finds a way to surprise us. In the latest installment of Venezuela’s social collapse, we find that the president of the socialist utopia has put the […]