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Tag Archives: Venezuela

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, […]

Venezuela’s Money Supply Soars By A Record 200%

zerohedge.com / by Tyler Durden / Apr 3, 2017 6:53 PM Two weeks ago, Reuters reported that due to “unexplained” reasons, the Venezuela central bank had stopped publishing its M2, or money supply, data.  The M2 money supply was up by nearly 180% in mid-February from a year earlier, according to the central bank before it halted the […]

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 […]

Venezuelan Escalates “War on Bread” As Food Shortages Continue to Plague a Hungry Population

  This article was written by Tyler Durden and originally published at Zero Hedge. Editor’s Comment: In the great logic of governments, the Venezuelan dictator has essentially ordered an end to hunger by making a rule against food shortage. But no rule, no matter how strictly enforced, will work if there is no supply for […]

As Millions Of Venezuelans Try To Flee The Country They Run Into A Problem

While shortages of basic foods, medicines, and toilet paper may be a major societal problem, the people of Venezuela face an even more existential problem: the nation now lacks the materials to meet the soaring demand for new passports – making it almost impossible to leave the socialist utopia. "People used to move to Venezuela […]