Jul
19
2013
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In Case You Missed It…Articles Roundup Week of 7/19/13

capriles denuncia en 16083903 In Case You Missed It…Articles Roundup Week of 7/19/13

Courtesy of: EFE

This week: Henrique Capriles arrives in Chile to meet with President Sebastián Piñera, as well as other ruling party leaders and the Venezuelan community in Santiago; Human Rights Watch says Venezuela should guarantee the right of free speech of its own citizens before offering to defend Edward Snowden; U.S. Secretary of State John Kerry tells Venezuelan Foreign Minister Elías Jaua that Washington will halt all refined-oil sales if Snowden takes refuge in Venezuela; and Nicolás Maduro fumes after U.S. envoy to the United Nations criticizes Venezuela’s regime as “repressive.” Annual inflation reaches 39.6 percent, far exceeding the government’s stated goal of 14 – 16 percent; purchasing power declines 10 percent as a result of rising inflation; and the Venezuelan government recognizes scarcity of dollars as a big problem, but only takes tepid steps to solve it. The devaluation of the bolívar is complete with the Central Bank’s auction of dollars, doubling the exchange rate; a new Fitch Ratings report confirms that the country’s foreign exchange policy continues to face challenges; and Maduro marries his longtime companion and prominent PSUV figure, Cilia Flores.

Capriles arrives in Chile; confirms appointment with Sebastián Piñera, El Universal

Venezuelan opposition leader Henrique Capriles arrived in Chile on Wednesday in the first leg of a tour that will also take him to Peru. He confirmed that he will meet with President Sebastián Piñera, without specifying the time or place. “It is not important whether we will talk at La Moneda Palace, the seat of the Chilean government, or elsewhere,” Capriles told reporters at the airport of Santiago.

Human Rights Watch: Snowden should steer clear of Venezuela, Salon

If US whistleblower Edward Snowden takes refuge in Venezuela he might quickly wish he hadn’t. At least that’s the verdict of Chilean lawyer Jose Miguel Vivanco, who heads the Americas division of Human Rights Watch, the New York-based advocacy group.

Kerry said to give stern warning to Caracas on Snowden, UPI

Washington is reported to have warned Caracas it would be barred from entering any NATO airspace if it flies U.S. secrets leaker Edward Snowden to Venezuela. Secretary of State John Kerry, who Spanish newspaper ABC said made the warning to Venezuelan Foreign Minister Elias Jaua, also said Washington would halt all sales of vital gasoline and other refined-oil products to Venezuela if Snowden gets refuge in that country, the newspaper said.

Venezuela slams U.S. over ‘repressive regimes’ remarks, Reuters

Venezuelan President Nicolas Maduro demanded the United States apologize on Thursday after the Obama administration’s nominee for envoy to the United Nations said there was a crackdown on civil society in the South American country.

Venezuela Inflation at 39.60%, Latin American Herald Tribune

The inflation rate for the month of June was at 4.7%, lower than that of May’s 6.1%, according to the Venezuelan Central Bank. This brings the rate of inflation for just the first half of 2013 to a total of 25% and the annualized rate at 39.6% — far from the Venezuelan government’s stated goal of keeping it between 14% and 16%.

Purchasing power down 10% due to inflation, El Universal

Venezuela’s minimum wage was increased by 20% on May 1 to USD 390, yet soaring prices have made such increase lose strength rapidly. In May-June this year, inflation shot up reducing purchasing power by 10%.Data from the Central Bank of Venezuela (BCV) indicates that since May 1, prices have swollen 17% in the case of food, 11.2% in transport, and 9% in clothing.

Venezuela: let there be dollars, Financial Times

The Venezuelan toilet paper shortage story says a lot about economic management in a country where the greenback fetches five times its official value on the parallel market. While Venezuelans have struggled to get their hands on everything from loo roll to toothpaste, authorities have been in denial about the grinding liquidity crunch that makes ordinary life – and business life – a daily struggle.

BCV sells US dollars at VEB 10.9 and VEB 11.7 in Sicad auction, El Universal

Devaluation of the bolivar was completed upon the auction sale of US dollars conducted by the Central Bank of Venezuela (BCV) through the Ancillary Foreign Currency Administration System (Sicad), where the exchange rate doubled that of VEB 5.30 per US dollar at its predecessor, the Transaction System for Foreign Currency Denominated Securities (Sitme).

Fitch: Venezuela’s Foreign Exchange Policy Faces Challenges, Reuters

Venezuela’s foreign exchange (FX) policy adjustments in 2013 could reduce fiscal imbalances and limit the need of continued external debt issuance. However, the room to stabilize creditworthiness could be constrained by weaker external buffers, limited upside for oil revenues and non-debt capital inflows, a rapidly decelerating economy, and political changes, according to a new Fitch Ratings report.

Venezuelan President Marries Longtime Companion, Wall Street Journal

Venezuela’s President Nicolás Maduro said on Tuesday that he had married his longtime companion, Cilia Flores, a prominent ruling party figure. Mr. Maduro, speaking during a cabinet meeting broadcast on state television, said the small ceremony was held Monday and was conducted by Jorge Rodríguez, a Caracas-area mayor.

 
Jul
12
2013
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In Case You Missed It… Articles Roundup Week of 7/12/13

1 photo e1373659882830 In Case You Missed It… Articles Roundup Week of 7/12/13

Courtesy of: Policy Mic

This week: In defiance of Washington, Venezuela offers asylum to NSA leaker Edward Snowden; 44 percent of Venezuelans seek better relations with the United States; if asylum is granted, Venezuela may face economic and diplomatic sanctions by the United States; Maduro faces a potential revolt from radical sectors of his party who think he is negotiating with the United States. Human Rights Watch sends a letter to the United Nations criticizing the Venezuelan government for using criminal investigations to intimidate the opposition; Venezuelan “birther” movement further questions Maduro’s legitimacy; swarms of motorcycles in Venezuela’s capital are linked to violent crime; facing a shortage of hard currency, Christmas toys may be in short supply this year in Venezuela. Venezuelan inflation rises to 4.7 percent in June, reaching a staggering 40 percent for the past year; Venezuelan Central Bank says it will sell $200 million at auction in an attempt to alleviate shortages; the Central Bank of Venezuela removes the cap on the amount of U.S. dollars individuals are allowed to buy via Sicad; Venezuela’s restrictive hiring and firing practices discourage companies from filling openings, further dampening investment in the country; and Venezuelan daily oil exports to US fall 8.3 percent in the first half of 2013.

Venezuela offers asylum to U.S. fugitive Snowden, Reuters

Venezuela’s President Nicolas Maduro offered asylum to Edward Snowden who is believed to be holed up in the transit area of Moscow’s Sheremetyevo international airport; this action was made in defiance of Washington, which is demanding his arrest for divulging details of secret U.S. spy programs.

Many Venezuelans want better relations with the U.S., Pew Research Center

Poll shows that a plurality of Venezuelans (44%) prefer to have a closer relationship with the US than existed during the presidency of Chavez, while Maduro’s offer of asylum to Snowden would entail worsening ties with US, something that the Venezuelan public would avoid.

Venezuela may face economic sanctions if it grants asylum to Snowden, El Universal

Venezuela will face economic and diplomatic sanctions by the United States if Nicolás Maduro’s government grants asylum to former CIA agent Edward Snowden, who formally requested asylum to Venezuela on Monday.

With Snowden offer, Venezuela’s Maduro is on world stage, The Washington Post

American fugitive Edward Snowden’s diminishing possibilities of remaining free to continue releasing information about secret U.S. surveillance programs increasingly appear to hinge on Venezuela, which awaited word Monday on whether the former National Security Agency contractor would accept its offer of asylum and fly to the oil-rich country.

Letter to the UN about post-electoral violence in Venezuela, Human Rights Watch

Human Rights Watch is extremely concerned that Venezuelan authorities are using criminal investigations as a political tool to accuse the opposition, without adequate justification, of the commission of crimes.

Venezuela ‘Birther’ Movement Questions President’s Eligibility, Bloomberg

Venezuela’s opposition has been questioning Maduro’s Venezuelan nationality, since he was born in Colombia to Colombian parents, which would make his presidency fall foul of the constitution.

A circus without a ringmaster, The Economist

During the presidency of Hugo Chávez, who ruled from 1999 until his death from cancer in March, the domineering personality of the comandante left no doubt as to who was in charge of Venezuela.

Swarms of motorcycles in Venezuela’s capital tied to traffic chaos, violent crime, Washington Post

Ronald Alvarez was driving in chaotic, bumper-to-bumper traffic when he heard a throaty buzz and insistent “Beep! Beep! Beep!” approaching rapidly from behind.

Christmas toys may be in short supply in Venezuela, Reuters

Whether they’ve been naughty or nice, Venezuelan children might be stuck without Christmas presents this year.

Venezuela’s 12-Month Inflation Rate Advances to Just Shy of 40% in June, The Wall Street Journal

Venezuela’s 12-month inflation approached 40% in June after jumping 4.7% in June and 6.1% in May, pressured by a rise in government spending last year and in the wake of the country’s latest currency devaluation in February.

Venezuela central bank to sell $200 mln in forex auction, Reuters

Venezuela’s central bank said it will sell $200 mill at auction, of which $170 million would be allocated to businesses and $30 million to individuals, under its revamped currency system as government increases imports to alleviate the product shortages.

Central Bank of Venezuela removes cap in sale of US dollars to individuals, El Universal

The Central Bank of Venezuela (BCV) removed a cap limiting the amount of US dollars that individuals are allowed to buy via the Sicad.

Venezuela Forces Employment Even With Shuttered Factories, Bloomberg

Jean Salero gets up at dawn to clock in for his daily shift at a shuttered beer factory in the Venezuelan city of Barquisimeto.

Venezuela’s oil exports to the US fall in 2013, El Universal

Venezuelan oil exports to the US in the period Jan-Jun 2013 hit their lowest level since the 1990s, hitting 754,000 barrels per day from 823,000 bpd in 2012, amidst Venezuela’s strategy to prioritize clients and allies such as China or India and curb oil shipments to the US.

 
Jul
9
2013
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ICYMI: With Snowden offer, Venezuela’s Maduro is on world stage

The Washington Post
July 8, 2013
By Juan Forero and Will Englund

Venezuela Independence Day 00ff7 7787 e1373389435305 ICYMI: With Snowden offer, Venezuela’s Maduro is on world stage

Courtesy of: AFP

BOGOTA, Colombia —American fugitive Edward Snowden’s diminishing possibilities of remaining free to continue releasing information about secret U.S. surveillance programs increasingly appear to hinge on Venezuela, which awaited word Monday on whether the former National Security Agency contractor would accept its offer of asylum and fly to the oil-rich country.

Bolivia and Nicaragua also say they could give refuge to Snowden, who is on the run from American officials and is thought to be marooned in the vast transit zone of Moscow’s Sheremetyevo International Airport. And the president of communist Cuba, Raúl Castro, on Sunday expressed support for Latin American allies that might take in the 30-year-old computer expert, opening the possibility that Snowden could fly through Havana as a first leg on his flight to asylum.

Among those offering sanctuary to Snowden, anti-imperialist Venezuela stands out: a country with an intense antipathy toward the United States and just enough muscle to make his escape from American law enforcement a possibility. It also appears that Russian officials, eager to end the diplomatic fallout of having Snowden in Moscow, see their close ally, Venezuela, as offering the clearest solution.

“The situation with Snowden is creating additional tension in relations with Washington that are complex as they are,” Alexei Pushkov, head of the foreign affairs committee of the lower house of the Russian parliament, told the newspaper Kommersant on Monday.

Pushkov, whose comments dependably reflect the Kremlin’s position on foreign affairs, said the Snowden saga needed to be settled before President Obama arrives in September to meet with his Russian counterpart, Vladimir Putin. “And judging by the way things are unfolding,” Pushkov told the newspaper, “this is how it’s going to be.”

Over the weekend, Pushkov had also said that giving asylum to Snowden in Venezuela could not damage Venezuelan President Nicolás Maduro, because his government’s relations with Washington are already in tatters. “It can’t get worse,” Pushkov said in a Twitter message.

Late Tuesday afternoon, Pushkov said on Twitter that Snowden, “as expected,” had accepted Maduro’s offer of asylum, but he didn’t address the question of how Snowden might get to Caracas. Shortly afterward, the tweet was deleted.

Pushkov then tweeted again, claiming he had heard the news about Snowden on Russian television. “Direct all your questions to them,” he wrote.

By Tuesday evening, Pushkov had issued yet a third tweet: “According to News 24 [a TV news program], with reference to Maduro, Snowden accepted his offer of asylum. If so, he has found that to be the safest option.”

Newly elected and facing staggering economic problems at home despite the country’s oil wealth, Maduro appears to have made a high-pitched, openly hostile position against the Obama administration a cornerstone of his government’s foreign policy. He took his most provocative stand Friday in announcing that Venezuela would take in Snowden. On Monday, Maduro said that a letter from Snowden requesting asylum had been received and that the young American would simply have to decide when to fly to Caracas.

Maduro has accused the United States of fomenting protests against his government after his disputed April 14 election victory, which gave him the presidency his predecessor, Hugo Chávez, had held for 14 turbulent years until his death from cancer.

The Snowden saga — a young American revealing secrets the U.S. government wants to contain — provided the perfect opportunity for Maduro to take on the Obama administration, said Eduardo Semtei, a former Venezuelan government official.

“To figure internationally, to show that he is a player among big powers, he offered asylum to Snowden,” said Semtei, who had been close to Chávez’s brother, Adán, a leading ideologue in the late president’s radical movement. “This grabs headlines, and it shows that he’s a strong president, one with character, and that he’s capable of challenging the United States.”

Maduro and Venezuela came late to the Snowden saga, as tiny Ecuador, an ally also committed to opposing American initiatives, heaped praise on Snowden and expressed a willingness to help him after he had flown from Hong Kong to Moscow on June 23 to avoid American justice. When
Ecuador backed away from its initial enthusiasm over Snowden, Venezuela stepped in last week as Maduro arrived in Moscow for an energy summit.

The 50-year-old Maduro, who found his political calling as a socialist activist with close ties to Cuba, took a sharply anti-
imperialist stand in embracing Snowden. He said the United States had “created an evil system, half Orwellian, that intends to control the communications of the world,” and characterized Snowden as an antiwar activist and hero who had unmasked the dastardly plans of America’s ruling elite.

Political analysts say the opportunity to take sides against Washington was simply irresistible for a government that has for years characterized itself as a moral force speaking out for the weak against “the empire,” as the United States is known in Caracas. And the fact that the secrets Snowden divulged were embarrassing to the Obama administration only gave more fuel to Venezuela, former Venezuelan diplomats and political analysts in Caracas said.

“Edward Snowden became the symbol for the anti-imperialist rhetoric, for progressivism, for international radicalism,” said Carlos Romero, an analyst and author who closely tracks Venezuela’s international diplomacy.

Venezuela helped channel the fury of Argentina, Bolivia, Ecuador, Uruguay and Suriname after Bolivian President Evo Morales’s plane was apparently refused entry into the airspace of as many as four European countries last Tuesday because of the belief that Snowden was hiding aboard. And on Monday, Venezuela’s state media apparatus seemed to take more offense than the Brazilian government over revelations that the NSA had collected data on countless telephone and e-mail conversations in Brazil.

But former diplomats familiar with Venezuela say that there are other aspects to consider in deciphering Maduro’s support for Snowden.

Ignacio Arcaya, a diplomat who served the Chávez government in the United States in the early part of his presidency, said Maduro has had the challenge of trying to ease the concerns of radicalized sectors in his movement that have been worried about a resumption of relations with Washington now that Chávez is gone. Indeed, until recently, Maduro was spearheading an effort at rapprochement, as shown by a meeting in Guatemala on June 5 between Secretary of State John F. Kerry and his Venezuelan counterpart, Elías Jaua.

“What Maduro is doing is aimed at quieting the radical sectors of his party who think he is negotiating with the United States and think that he’s talking to private industry,” Arcaya said.

Maduro also has to consider his own unstable political position after the April 14 election, which is being contested by his challenger, Henrique Capriles, who says the vote was stolen from him. At the same time, Maduro faces millions of Venezuelans tired of the country’s sky-high inflation, rampant homicide rate and serious shortages of everything from chicken to toilet paper.

Myles R.R. Frechette, a retired American diplomat who served in Venezuela and other Latin American countries, said Maduro is using a tried-and-true strategy: loudly oppose the United States to distract from domestic problems.

“It plays very well,” said Frechette. “It’s the card to play. It’s what you’ve always got in your drawer. You open your drawer and play to your most radical elements.”

To read this article at The Washington Post, please click here.