Venezuelan President Nicolas Maduro returned to Caracas Monday upon concluding a four-day visit to the People’s Republic of China, which saw the two countries sign twenty-eight bilateral agreements, including a new US $5 billion Chinese loan and joint plans for a fourth satellite, in addition to strengthening political ties.... “I have had to overcome economic sanction measures by the US and Europe, who persecute Venezuelan bank accounts, kidnap billions of dollars in international...
Read More »Venezuela Analysis — The Actors in the Conspiracy Against Venezuela
Backgrounder.One-sided, but so is the "news" coming from Maduro's opposition, both domestic and international. Venezuela AnalysisThe Actors in the Conspiracy Against Venezuela Eduardo Andrade Bone - Resumen Latin Americano See also Backgrounder on Venezuelan history.While this is more about the politics and institutional factors than the economics, the political and institutional factors heavily influence the economics. So there is more to it than just mismanagement.Could better...
Read More »Matias Vernengo — Venezuela is about to explode
The Empire at work. Is history about to repeat?Al Jazzera — OpinionVenezuela is about to explode Matias Vernengo | Associate Professor of Economics, Bucknell UniversitySee alsoNaked KeynesianismLula da Silva is a political prisoner. Free Lula!Matias Vernengo | Associate Professor of Economics, Bucknell University
Read More »Steve Sweeney — Maduro promises more revolution and to clampdown on ‘financial mafias’ destabilising Venezuela
Neoliberal forces have been rounding on Mr Maduro’s socialist government.The European Union demanded last week that Venezuela abandon the elections. citing concerns over transparency and democracy. The International Monetary Foundation also issued a motion of censure against Venezuela last week for failing to provide it with data relating to economic performance, including import and export figures.… But Communication Minister Jorge Rodriguez said the country had one of the most audited...
Read More »Reuters — U.S. urges regional leaders to isolate Venezuela’s Maduro
The United States urged regional leaders on Saturday to take stronger steps to isolate Venezuelan President Nicolas Maduro, as it joined a declaration condemning the worsening humanitarian crisis and political repression in the South American nation.… “The United States of America will not stand idly by as Venezuela crumbles,” Pence said in a speech. “Every free nation gathered here must take stronger action to isolate the Maduro regime. We must all stand with our brothers and sisters...
Read More »Reuters — Venezuela’s presidential battle begins, Maduro favorite
Venezuela’s presidential election race has begun with favorite and incumbent Nicolas Maduro signaling a nationalist, “anti-Trump” campaign while his demoralized foes scramble to find a viable candidate for a vote they predict will be unfair. Sums it up. The favorite wins. The opposition screams foul and runs to held to Washington. Washington declares foul and intervenes directly or indirectly. Wash, rinse, repeat. That's "democracy." They are now even doing it the US in the case of...
Read More »Daniel Margrain — Venezuela: History repeating itself?
The corporate media is deliberately giving readers the false impression that Venezuela is ‘flirting with dictatorship’. In reality, these claims couldn’t be further from the truth. But majority support for a Constituents Assembly, and the fact that the Governing United Socialist Party won 17 out of 23 governor races is irrelevant to Washington’s nefarious objectives. US Secretary of State, Rex Tillerson is threatening to remove Venezuelan President Nicolas Maduro is he doesn’t leave of his...
Read More »Alexandra Witts — Venezuela’s president says Donald Trump is ‘the new Hitler’
Trading insults.IndependentVenezuela's president says Donald Trump is 'the new Hitler' Alexandra Witts
Read More »Sharmini Peries interviews Mark Weisbrot — Venezuela’s President Maduro Presents New Economic Measures
Video and transcript. Mark Weisbrot is one of the most knowledgeable people writing about the economic situation in English. SHARMINI PERIES: Mark, so let's start with President Maduro's economic policy announcements, which took place on Thursday night. From what you can tell so far, do you think they will work towards recovering Venezuela's economy here? MARK WEISBROT: Well, I think probably not. I think there's some good things there. The try to increase the food distribution,...
Read More »Vladimir Rodzianko — Oil-rich Venezuela is abandoning the US petrodollar, plans to introduce new international payment system
In an address to a new legislative superbody, Maduro said: “I am announcing that Venezuela intends to introduce a new international payment system and to create a currency basket for the liberation from the dollar and, [we intend] to free ourselves from the clutches of the dollar, the currency that is strangling our country.” “If they pursue us with the dollar, we’ll use the Russian rouble, the yuan, yen, the Indian rupee, the euro,” Maduro said.... Another wipe at what's left of...
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