Tag Archives: Venezuela

This development in Venezuela could be viewed as a very real step away from Fiat currency and a very real step toward a permanent commodity-backed currency. A crypto currency that is actually a currency in the sense of a zero maturity liability issued by a sovereign nation that is exclusively accepted in exchange for at least some liabilities to the state.This is quite interesting since the Bolivar remains the unit of account. Zero Hedge The Post-Fiat World Begins: Venezuela's...

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...

The Empire Files is temporarily appealing for donations on a one-time and monthly basis to continue production in the midst of US attacks on the TeleSUR Network. As a result of US sanctions against Venezuela, The Empire Files has been forced to completely shut down operations. The Empire Files, which airs on TeleSUR throughout Latin America and on Free Speech TV and The Real News Network in the United States, has been funded through a contract with the TeleSUR network. As Abby Martin’s...

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...

The US has a similar play book for Iran. Who knew that DJT would turn out to be HRC? Well, it turns out that regime change has been US standard operating procedure at least from the G. W. Bush administration, and "color revolution" preceded that. Venezuelanalysis US Set on Regime Change in Venezuela Shannon Ebrahim See also Politico (5 May 2018)Giuliani: Trump is 'committed to' regime change in Iran Brent D. Griffiths This would have been under Bush/Cheney and carried...

Latin America heating up.Fort RussChina does not fear conflict with US over Venezuela Maduro prepares military for US invasion Paul Antonopoulos

Over the course of two tumultuous decades, the US government has determinedly endeavored to destabilize, undermine and ultimately depose the democratically-elected government of Venezuela without pause. First they came for Hugo Chavez, then his successor Nicolas Maduro.One wouldn't be able to discern this iniquitous reality from mainstream Western news reporting, however. Alan MacLeod, an academic specializing in media theory and analysis — and member of Glasgow University's respected Media...

Economic warfare, political isolation, and subversion orchestrated by the neoliberal Empire and its vassals, cronies and minions. It's hardly just the result of "socialism," the collapse of the oil price, or the economic incompetence of the Bolivarian government. This is an attack. This is also a reason that the Soviet Union expanded post WWII to create a buffer, engaged in an arms race, and committed a huge portion of its resources to military use. Russia is now being forced to...

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

A leftist candidate won a close election in a South American country, threatening US interests in the region. The US president asked the CIA to "make the economy scream" to undermine governance and bring regime change, even if by violent means.I am referring, of course, to Salvador Allende's election in Chile, and Richard Nixon's reaction, which eventually led to Augusto Pinochet's coup, one of the most bloody in the troubled history of the region. The reelection of Nicolas Maduro last...