Tag Archives: venezuela

Venezuela can no longer afford to pay for its own money

Venezuela inflation

Back in February, when we commented on the unprecedented hyperinflation about the be unleashed in the Latin American country whose president just announced that he would expand the “weekend” for public workers to 5 days… … we joked that it is unclear just where the country will find all the paper banknotes it needs …

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Venezuela prepares to sell the last of its gold

Venezuela Maduro gold

Last Thursday when we recounted the story of how Venezuela is now literally flying in paper money (using three dozen cargo Boeing 747s), we wrote that “Venezuela’s hyperinflation, already tentatively estimated at 720%, will likely add on a few (hundred) zeroes by this time next year. It is also quite likely that …

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Europe dealing with refugee disaster caused by US

Refugee crisis Europe

Venezuelan President Nicolas Maduro pinned the blame for the worst refugee crisis to hit Europe since WWII on the United States, speaking exclusively to RT. The Venezuelan leader accused the US of flinging the Middle East into a whirlpool of wars thus provoking the current refugee crisis faced by European …

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5 million Venezuelans sign petition against US aggression and interference

Venezuela President Nicolas Maduro

Rejecting what they see as interference in Venezuela’s internal affairs, over five million people across the country have signed a petition demanding that the US president repeals his executive order that declared Caracas an extraordinary security threat. “We have collected more than 5 million signatures and we want to call …

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Socialism: Venezuela taxing the air you breathe

Venezuela breathing tax

There is something to be said about every socialist paradise in the history of socialist paradises: they always run out of other people’s money. And when they do, stuff like this happens: the biggest international airport in Venezuela is charging a fee for the right to inhale clean air. As BBC correctly notes, we’re …

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Venezuela expels 3 US diplomats: ‘Get out of here!’

Nicolas Maduro Venezuela

Three US diplomats have been accused by Venezuelan President Nicolas Maduro of plotting with the country’s far right to sabotage the national electric grid. In a scathing TV address, the socialist leader told the diplomats to leave within 48 hours. Maduro, who canceled his visit to the UN General Assembly …

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Venezuelan president denied travel through US airspace

Nicolas Maduro

Venezuelan Foreign Minister Elias Jaua told media that an aircraft carrying President Nicolas Maduro was denied travel over Puerto Rico’s airspace. President Maduro’s flight, which was en route to China, was forced to find an alternate path according to Jaua, who denounced the act as “an act of aggression.” “We …

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Venezuela and Nicaragua offer asylum to Edward Snowden

Venezuelan president Nicolas Maduro and Nicaraguan counterpart Daniel Ortega

Venezuela and Nicaragua have offered asylum to Edward Snowden, the US whistleblower who is believed to have spent the past two weeks at a Moscow airport evading US attempts to extradite him. The Venezuelan president, Nicolas Maduro, and his Nicaraguan counterpart, Daneil Ortega, made the asylum offers on Friday, shortly after they and other …

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Venezuela and Denmark also reject GMO

Organic GMO

Two more countries have taken a bold stand against genetically-modified organisms (GMOs), according to new reports. The South American nation of Venezuela is currently in the process of crafting legislation to bar transgenic seeds and crops from entering the country, while biotechnology giant Monsanto has completely withdrawn all of its …

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Venezuela looking to ban GMO seeds

venezuela

The new legislation would protect small and medium producers, favour the use of seeds for the environment and human health, and the creation of an institution working on the topic. Venezuela is going forward in the defintive elaboration and approval for a law guaranteeing security and sovereignty against the threat …

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