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Venezuela

Venezuela sells gold reserves as economy worsens

CNBC - ‎7 hours ago‎
Venezuela's gold reserves have plunged to their lowest level on record after it sold $1.7 billion of the precious metal in the first quarter of the year to repay debts.
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Venezuela Goes from Bad to Catastrophe

TIME - ‎2 hours ago‎
No more Coca-Cola for Venezuela–there's not enough sugar. Diet Coke is still around–until the country runs out of aspartame–but the disappearance from store shelves of an icon of globalization is the latest blow for an economy on the edge.
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Venezuela Crisis 2016: Coca-Cola Sugar Shortage Latest Blow To Big Companies Operating In Country On Brink Of ...

International Business Times - ‎18 hours ago‎
As Venezuela's economy spins out of control, global companies are finding it nearly impossible to do business in the South American nation.
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How the military could play 'king-maker' in Venezuela's political crisis

Business Insider - ‎May 25, 2016‎
Venezuela Maduro military exercise Miraflores Palace/Handout via REUTERSVenezuela's President, Nicolas Maduro, talks during a military parade next to Defense Minister Vladimir Padrino Lopez (right), in La Guaira, Venezuela, on May 21.

Hey, Bernie Sanders Supporters -- All Roads Lead to Venezuela

Town Hall - ‎8 hours ago‎
Glover praised Chavez as "a social champion of democracy, material development, and spiritual well-being." Chavez promised to help finance films for Glover.

Latest:Ambassador assures safety of students in Venezuela

Antigua Observer - ‎3 hours ago‎
“We are in contact with the students in Venezuela and we have addressed the concerns of the government of Antigua & Barbuda with the authorities who are in the specific area in Venezuela, and the situation remains under control,” Ambassador Perez said.
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Amb. Duddy: Situation in Venezuela is Unraveling Before Our Eyes

Fox Business - ‎14 hours ago‎
“It's unraveling before our eyes, as we speak,” Patrick Duddy, former U.S. Ambassador to Venezuela, told the FOX Business Network's Liz Claman.
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Coca-Cola production halted in Venezuela due to sugar shortage

The Guardian - ‎May 24, 2016‎
... such as Coca-Cola Light and other zero-sugar beverages has continued, spokeswoman Kerry Tressler wrote by email. The local bottler, Coca-Cola Femsa SAB, said it would issue a statement later on Monday.

Does Venezuela's Crisis Prove Socialism Doesn't Work?

CounterPunch - ‎May 25, 2016‎
Venezuela has a fixed rate currency, meaning the government sets exchange rates pegged to the US dollar. It's worth noting there's nothing socialist about a fixed exchange rate.

Food shortages take toll on Venezuelans' diet

The Guardian - ‎May 24, 2016‎
Milk, meat and beans - the main sources of protein in the Venezuelan diet - are hard to find or sold at exorbitant prices, and many are filling up on empty carbs from pasta, rice and the traditional arepa cornmeal cake.

Venezuela Collapses, Colombia Rises

World Affairs (blog) - ‎May 24, 2016‎
When the Cold War ended, Colombia was a crime-infested war zone while Venezuela, its neighbor to the east, was an island of sanity and stability.
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Brazil & Argentina “Open” to Aiding Mediation in Venezuela

Venezuelanalysis.com - ‎May 25, 2016‎
Caracas, May 24th 2016 (venezuelanalysis.com) - Argentina's rightwing Mauricio Macri government and the acting Michel Temer administration of Brazil have agreed to join forces to mediate in Venezuela's unfolding economic and political crisis, according ...

Dear Fed Policymakers: Please Heed Venezuela for Lesson in Hyperinflation

Money Morning - ‎21 hours ago‎
Since 2003, Venezuela's government and central bank have instituted tough currency controls. This has caused many citizens and businesses to turn to the black market, where they don't need government approval to buy dollars at the legal rate, according ...
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Venezuela defines strategies towards Copa America

Xinhua - ‎10 hours ago‎
CARACAS, May 25 (Xinhua) -- The Venezuelan national soccer team is defining strategies towards the 2016 Centennial Copa America tournament, including the friendly matches against Spain' s Galicia, Panama, Costa Rica and Guatemala, international ...

Venezuela Breaks up Drug Ring, Seized 3.4 Tons of Cocaine

ABC News - ‎14 hours ago‎
Authorities in Venezuela say they dismantled a drug-trafficking ring with links to a Mexican cartel after seizing more than 3.4 metric tons of cocaine.

Why Won't The Left Apologize For Backing Venezuela?

Heat Street - ‎May 24, 2016‎
Some of the most respected British intellectuals of their day - HG Wells, George Bernard Shaw, Sidney and Beatrice Webb - were apologists for Stalin.
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Russia Denounces External Forces for Crisis in Venezuela

Venezuelanalysis.com - ‎May 24, 2016‎
Moscow's remarks come as the Union of South American Nations (UNASUR) begins to take tentative steps towards opening up negotiations between Venezuela's two warring political factions: the leftist government of Nicolas Maduro, and the rightwing ...
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What has gone wrong in Venezuela?

BBC News - ‎May 18, 2016‎
Venezuela's President Nicolas Maduro has declared a state of emergency to combat the economic war he says foreign powers and right-wing forces in Venezuela are waging against the Latin American country. Venezuela has the world's highest inflation rate ...

CARIBBEAN: Vincentians studying in Venezuela offered one way ticket out of the crisis stricken country

St. Lucia News Online - ‎21 hours ago‎
The bulletin read “given the current environment in Venezuela, the Government has made a decision to provide a one-way ticket to those who were planning to remain in Venezuela over the July-August vacation, in order to provide some relief, as well as ...
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