TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
TRAVELING THE WORLD, WRITING WHAT THE PEOPLE NEED TO KNOW.
As Venezuelans go to the polls Sunday, the U.S. is working to disrupt the re-election of Nicolas Maduro and rollback left-wing governments in the region. Venezuelan President Nicolás Maduro is the frontrunner in the presidential elections that will take place on Sunday. If past pronouncements and practice by the United States are any indication, every Read More…
Podcast: Play in new window | Download | EmbedSubscribe: Apple Podcasts | Email | RSSWelcome to The Daily Wrap Up, a concise show dedicated to bringing you the most relevant independent news, as we see it, from the last 24 hours (5/11/18). This idea of “regime change,” which has seemingly gone mainstream today, is one Read More…
“On May 20, without fail, presidential elections will take place in Venezuela and the people will defend their right to decide with votes, without interventions of any kind. The whole world will witness a new popular expression which will reaffirm the democratic character of the Bolivarian Republic of Venezuela.” WASHINGTON – As aggressive neoconservatives increasingly take the Read More…
Countries that don’t eagerly follow the U.S.-led global order make prime targets for American-led invasions, particularly when those countries challenge the status of the U.S. dollar. Right now, Venezuela is one of these countries. Venezuela sits on the world’s largest oil reserves, and in order to free itself from what it calls the “tyranny of the U.S. dollar” Read More…
I’ve seen some bad ideas in my day, but this has to take the cake. Venezuela has issued a new cryptocurrency called ‘Petro,’ backed by the country’s oil reserves – it has plenty of them. It also aims to create an additional coin named ‘Oro,’ backed by gold. The idea, in and of itself, isn’t bad Read More…
A perfectly predictable thing happened when the Great Oil Price Plunge of 2014 pulled the rug out from Venezuela’s oilconomy: Foreign creditors stopped lending to Venezuela, the debt-saddled government devalued the currency to cover budget deficits, inflation spiraled out of control (entering a death spiral last November), and, perhaps inevitably, the government defaulted on some of its $US bonds. (And all this amidst devastating Read More…