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Over the last years, Venezuela has become a modern poster child for the failure of socialism and with good reason. It offers an abundance of lessons and stern warnings for many western nations, but it also provides a very insightful and relevant remi
One of the most devastating facts that I recently realized we have to deal with is with the changes in the very fabric of society associated with a collapse of this kind. We are seeing a breakdown of the society we once had and it is turning into som
Colombia takes 1 Million Venezuelans
Venezuela's President Nicolas Maduro has announced that the price of the petro, his country's national "cryptocurrency," has been increased from 3,600 sovereign bolivars to 9,000. While the wallet for the petro is still unavailable, the Venez
Oil shipments to Russia have all but stopped even as transfers to China continue
I have been trying to solve a couple of issues this past week, mainly related to my parents' health. Dad just had an event with his equilibrium (he is almost 80 so it is perfectly understandable), and he hardly could come back home in his old car.
Venezuelan President Nicolas Maduro recruited a ZTE telecom company, which has ties to the Chinese government, to implement a social credit system through its ration cards as a way to deal with his country's poverty due to bad socialist policies.
The Venezuelan government has announced that its national digital currency, the petro, can be exchanged into any cryptocurrency if purchased this year. However, the wallet for the petro is still not available and petro buyers receive certificates of
Venezuela will present its state-backed cryptocurrency Petro as a unit of account for crude oil trading to the Organization of the Petroleum Exporting Countries (OPEC) in 2019, the country's oil company PDVSA reports on its Twitter Nov. 7.
US sanctions targeted at blocking Venezuela from using its gold as collateral to finance its operations prompted President Maduro to seek repatriation of his country's 14 tons of gold, valued at $550 million, from the Bank of England (BOE).
Venezuela's controversial national cryptocurrency, the petro, is slowly permeating the everyday lives of its citizens. The currency, each unit of which is supposedly backed by a barrel of oil, has begun appearing on screens when Venezuelan customer
Crypto project Dash has announced the launch of Dash Text, an SMS-based cryptocurrency transaction service for Venezuelan users, as it builds on its already strong presence in the crypto dependent country. In an announcement released this week, the c
This is a summary of what was said by UNHCR spokesperson Babar Baloch - to whom quoted text may be attributed - at today's press briefing at the Palais des Nations in Geneva.
The US will now go after a so-called "Troika of Tyranny": Cuba, Venezuela, and Nicaragua.
With just 8% of the world's population, Latin America accounts for roughly a third of global murders. It is also the only region where lethal violence has grown steadily since 2000, according to United Nations figures.
"Russia and Venezuela perceive themselves as fighting a common bully in the form of American-led sanctions, so likely more Western pressure will push them further into a united front"
The lack of power is getting increasingly common in my home country. Those without a good battery pack and solar panels to charge it are going to be powerless. The norm of the rationing now in Venezuela is just like the 4 hours a day of power in Cuba
Venezuela has just taken the next step in its quest to "free" itself from the tyranny of US dollar hegemony.
Colombia, which has taken in more than a million Venezuelans, called last week for a regional response, saying the migrant crisis was costing it about 0.5% of GDP ?" around $1.5m. Grandi applauded Latin American countries for keeping their borde
They, them, those the Rotschild-serving bankers want 90% of the useless eaters to be eliminated. Not re-educated, but eliminated. The Bank of International Settlements want the elimination of all national governments. Now, they have to contend with
Before one reads this article it is important to point one important fact about the BRICS vs. Western banking conflict. The Western banks in 1944 established the dollar as the reserve currency of the world in that all nations wanting to purchase oil
Before one reads this article it is important to point one important fact about the BRICS vs. Western banking conflict. The Western banks in 1944 established the dollar as the reserve currency of the world in that all nations wanting to purchase oil
Venezuelan authorities have found another way to impose the adoption of the state-issued cryptocurrency, the petro. Citizens will soon have to pay with the government-controlled digital coin if they want to obtain a travel document. Hundreds of Venez
A bipartisan group of senators in the United States are seeking strong sanctions against Venezuela's Petro. The proposed sanctions would extend an executive order from March to prohibit U.S. residents from providing software to the Venezuelan gover
Puerto Rico continues to form part of the United States of America, and is the closest US-controlled territory to Venezuela, with only 1000 kilometers of sea separating the two. It was acquired by the US in the Paris Treaty ? alongside Guam and the
The case for cryptocurrencies sure looks to have gotten stronger over the past week and Venezuela's "Petro" looks like it may be the concept's first "beta test" on a country-wide scale.
Venezuela - Maduro surprisingly represented the Bolivarian Republic of Venezuela in New York during its 73rd General Assembly session - risking his security by coming to a nation bent on toppling its government, wanting him eliminated.
UN refugee agency chief called for a 'non-political and humanitarian' response to the exodus
This week we witnessed the horrible spectacle of Nikki Haley, President Trump's Ambassador to the United Nations, joining a protest outside the UN building and calling for the people of Venezuela to overthrow their government.
