Tag Archives: Colombia

Aug
30
2013
Posted by
admin
Comments

In Case You Missed It…Articles Roundup Week of 8/30/13

130830 maduro 4a.photoblog600 e1377895796289 In Case You Missed It…Articles Roundup Week of 8/30/13

Courtesy of: Associated Press

This week: Nicolás Maduro airs his own hypocrisy by seeking enhanced powers to “tackle corruption;” leading Venezuelan TV news channel Globovisión receives a volley of resignations amid government censorship; the Venezuelan daily newspaper Versión Final is sold to a government supporter,  likely leading to staff dismissals; and ex-managers for Venezuelan oil-giant Pdvsa are charged with corruption. Maduro claims that two Colombian men planned to kill him at the same time as the attack in Syria; despite a lack of evidence, Maduro demands an explanation, arguing President Barack Obama knew of the plot to assassinate him; Henrique Capriles, on the other hand, dismisses the government’s claims of an assassination plot; and Maduro misquotes a Biblical passage, saying “Christ multiplied the penises.” With the bolivar collapsing and prices spiraling higher, the government turns to political witch hunts to distract people from reality; Venezuela is again on the verge of another currency devaluation, likely after December’s municipal elections; Venezuelan authorities insist the country will become an exporting giant, yet non-oil exports are down 20.6% from last year; according to Central Bank statistics, the GDP of Venezuela’s public sector doubles that of the private sector;  and the public debt in Venezuela has drastically increased over the past two years, rising 53% since 2011.

In Venezuela, Absolute Power Corrupts Absolutely, Bloomberg

Venezuelan President Nicolas Maduro has lately been accused of hypocrisy for seeking enhanced powers to rule by decree so that he can tackle the corruption that rots Venezuela’s political institutions. The accusation is fitting. Maduro is finally admitting that the Venezuela he inherited from the late Hugo Chavez is wracked by corruption, just five months after he famously claimed, “There is no corruption, for the first time in the history of Venezuela, in 180 years.”

Venezuelan news TV channel Globovisión receives a volley of resignations, El Universal

“I am only left with job uncertainty, but have the peace of mind that comes with knowing that I always did the right thing,” journalist Román Lozinski read out on his radio show from a personal statement he wrote following his resignation from Globovisión. Resignations have been piling up at the television news network after the retirement of call-in show host Leopoldo Castillo on August 16.

Pressure over sale of Venezuelan daily newspaper Versión Final, El Universal

Workers from Versión Final are likely to be dismissed upon the sale of the daily newspaper to an alleged relative of Francisco Arias Cárdenas, ruling party governor of the state of Zulia, northwest Venezuela. There are reports that the company underwent a lot of pressure prior to the negotiation: it first experienced restrictions related to newsprint, then economic pressure that finally ended in the sale of the company to Carlos Alaimo, the father-in-law of Cárdenas’ son.

Pdvsa’s ex managers in Monagas charged with corruption, El Universal

The Public Prosecutor Ministry charged two former managers of Petróleos de Venezuela (Pdvsa) for the collection of VEB 600,000 (US$ 95.279,40) from a contractor. Defendants are Jannimett de Los Ángeles Flores Quijada (37), former legal counsel of Pdvsa in Punta de Mata, and Jorge Natera Barrios(35), former super intendant of litigation at same division.

Maduro: “The plan was to kill me in parallel with the Syria attack”, El Universal

Venezuelan President Nicolás Maduro reported on Wednesday that two Colombian individuals “hired by drug traffickers to kill the Head of State” were arrested. In that sense, Maduro rejected the remarks made by opposition deputy Julio Borges about the assassination claims aired on Monday. “Borges made an irresponsible and anxious statement, saying that (the hit men) that were arrested did not even have firearms to accomplish their task.

Venezuela demands US explanation over alleged assassination plot, The Telegraph

Nicolas Maduro called on the American president to explain what he knew of the alleged assassination plan. President Maduro said that besides Colombia, it was hatched by far-right Venezuelan opposition figures in Miami. The Venezuelan president is a frequent and fiery critic of Washington, as was his predecessor, the late Hugo Chavez.

Capriles: “The people laugh about assassination plots”, El Universal

On Monday, on a meeting with “Miranda’s entrepreneurs,” in Caucagua, Miranda state, Henrique Capriles, Governor of Miranda state and opposition leader, referred to the announcement of the arrest of a gang who allegedly wanted to assassinate President Nicolás Maduro and Deputy Diosdado Cabello.  “Nobody believes that tall story.

Nicolas Maduro Says ‘Christ Multiplied The Penises’ In Major Screw Up (VIDEO), Huffington Post

Christ did WHAT?!? The man who once gave us “Chavez came to me as a little bird” has uttered another phrase that is getting a lot of chatter online. Venezuelan president, Nicolas Maduro, seriously screwed up an iconic biblical anecdote while speaking at the Miranda Stadium when he said: “Multiply ourselves, like Christ multiplied the penises.”

Chavez’s Inflation Bites His Successor, Wall Street Journal

Hyperinflation and political witch hunts seem to go together. Just ask the Venezuelan opposition. With the bolivar collapsing and prices spiraling higher, the government alleged this month that its No. 1 adversary, former presidential candidate Henrique Capriles, is linked to a prostitution ring that was using minors in the state of Miranda, where he is governor.

Venezuela is on the verge of another devaluation, El Universal

Imbalances ailing Nicolás Maduro’s government are so pronounced that most financial entities agree that the country, after undergoing stringent adjustments last February 8 through which the official exchange rate jumped from VEB 4.30 to VEB 6.30, is heading towards another devaluation likely to take place after December’s elections for mayors.

Venezuelan non oil exports down 20.6%, El Universal

Venezuelan authorities insist on saying: Venezuela will become an exporting giant. However, official records say the opposite. According to the figures from the Central Bank of Venezuela, non oil exports accounted for just USD 810 million in the second quarter, 20.6% down with respect to a year earlier.

GDP of the public sector doubles that of the private sector, El Universal

The statistics of the Central Bank of Venezuela (BCV) suggest that the loss of dynamism of the Venezuelan economy has exerted a heavier impact on the private sector rather than the public sector with growth reported at 1.1% and 2.6%, respectively. Such great disparity between the sectors is attributed to the existing imbalance in the sale of US dollars aimed at importing raw materials, machinery, and finished products to supply the domestic market.

Debt of the Venezuelan gov’t soars 53% in two years, El Universal

Since 2011, the Venezuelan oil basket price has been above the USD 100 ceiling. In this context of high oil revenues, the Government has spurred indebtedness. Based on the figures of the Ministry of Finance, the public debt grows rapidly with liabilities jumping 53% from the first half of 2011 through 2013. Such increase is mainly attributed to heavy expenditure exceeding regular income, a situation that has made authorities seek other founding sources.

Venezuelan unemployment hits 7.6% in July, El Universal

Venezuelan unemployment rate stood at 7.6% in July, according to a monthly report on the workforce issued by the National Statistics Institute (INE). The information was released by Professor Elías Eljuri, president of the institute, who also said the unemployment rate reported in July was actually lower than that of 2012 (7.9) and 2011 (8.0%).

 
Jul
26
2013
Posted by
admin
Comments

In Case You Missed It…Articles Roundup Week of 7/26/13

ob xv412 pd0613 g 20130613101301 e1374873855883 In Case You Missed It...Articles Roundup Week of 7/26/13

Courtesy of: Zuma Press

This week: Maduro responded to Samantha Power’s negative comments on Venezuela by halting efforts to improve U.S.-Venezuela relations; the United States leaves door open to improve relations but it does not rectify Power’s statements; Venezuelan Chargé d’Affaires to the United States affirms that the effort to restore relations was ‘suspended’ but that the government is willing to have a “friendly” bilateral relations with Washington; and Venezuela-Colombia relations are improving with country leaders meeting and discussing their responsibility of working together. The Eclac forecasts that Venezuela will have a 1 percent gross domestic product growth in 2013, the lowest in Latin America; Venezuela seeks $5 billion loan with China to finance a state investment fund that was recently involved in a $85 million embezzlement fraud; Venezuela’s dollar auction is seen by analysts as too little of an effort to revamp the price distortions in the economy; and Ferrominera workers halt the state-owned iron company in rejection of the militarization of the firm. Authentic leaked audio recording describes the highest levels of the Venezuelan government as gripped by rivalries and corruption; almost a dozen state institutions were hacked by groups of cyber pirates demanding Maduro’s resignation; Cabello stated that he will make public hard evidence of assassination attempts that were targeted against himself and president Maduro; and medical associations declare a state of emergency in Venezuela’s health system.

Venezuela Stops Efforts to Improve U.S. Relations, New York Times

The nominee for US ambassador to the United Nations, Samantha Power, spoke before a Senate committee last Wednesday and said that one of her roles as an ambassador would be to challenge a “crackdown on civil society” in several countries, including Venezuela. These statements were first lashed out by Nicolás Maduro on Thursday, and late on Friday the Foreign Ministry said it was terminating efforts to improve relations with the US.

US leaves “door open” to Venezuela, says no apologies, El Universal

The US confirmed on Wednesday that the door was open to improve relations with Venezuela, but avoided any sort of rectification as requested by President Nicolas Maduro, who announced the end of discussions to restore relations after the statements issued recently  by the US ambassador nominee to the United Nations, Samantha Power.

Venezuela willing to have friendly relations with the United States, El Universal

Venezuelan Chargé d’Affaires to the United States Calixto Ortega stated on Thursday that a bilateral rapprochement launched in June to restore relations between the US and Venezuela has been “suspended,” but stressed that Nicolás Maduro’s Administration is willing to have “friendly” bilateral relations with Washington.

Venezuela, Colombia Resume Relations After Spat, Latin American Herald Tribune

Venezuela and Colombia renewed relations after two months of Maduro accusing Santos of destabilizing political harmony by meeting with Venezuelan opposition leader Capriles. Santos acknowledged that there are things the two parties don’t agree on, but that the obligation and responsibility of providing prosperity to their countries will enable them to work together.

Venezuela to experience the lowest economic growth in Latin America, El Universal

Venezuela is the country with the lowest forecast gross domestic product growth in Latin America for 2013. In fact, The Economic Commission for Latin America and the Caribbean (Eclac) estimated that Venezuelan economic growth would hit only 1% this year, below El Salvador, with 2%.

Venezuela seeks $5 billion China loan for scandal-plagued fund, Reuters

Venezuela is seeking a loan of up to $5 billion from China to finance a state investment fund that was recently the victim of an embezzlement scheme by the fund’s own employees involving millions of dollars. Eight people were arrested for appropriating $84 million from the fund, which has received two $4 billion tranches from the China Development Bank since its inception in 2007.

Venezuela’s Revamped Dollar Auctions Seen as Too Little, Wall Street Journal

Venezuela revived its system of auctions for putting more hard currency into the hands of importers and travelers, but analysts say the effort is falling short of addressing distortions caused by the country’s restrictive foreign exchange policies.

Venezuela’s Ferrominera comes to a halt amid militarization, El Universal

A group of workers with Venezuelan state-owned iron company CVG Ferrominera on Thursday blocked both the gate seven and the railways leading to the plant, in rejection of the militarization of the firm on Wednesday evening. Demonstrators explained that the company’s board suspended the transport service on Wednesday evening and troops blocked the gates as part of a contingency plan to restart the plant with National Guard troops.

Venezuelan Newspaper: Probe Says Leaked Audio Describing Corruption Is Authentic, Wall Street Journal

And audio recording allegedly describes the highest levels of the government as gripped by rivalries and corruption. Mr. Silva discussed with a Cuban intelligence officer a rivalry between Diosdado Cabello, the head of the national legislature, and recently elected President Nicolas Maduro. The man said to be Mr. Silva also accuses Mr. Cabello of raiding the government’s international reserves through the use of shady import companies.

Massive cyber attack against Maduro’s Venezuelan, Miami Herald 

From the stock market to the army, the air force and the national guard, web pages of almost a dozen Venezuelan state institutions were hacked by groups of cyber pirates demanding Nicolás Maduro’s resignation from a presidency they called fraudulent. The groups Anonymous Venezuela and Venezuelan Hackers claimed joint responsibility for the attacks launched Tuesday night. The targets include web pages of government agencies, ministries, municipalities…

“Overwhelming” Evidence of Plot to Assassinate Venezuela’s Maduro, Global Research

Head of Venezuela’s National Assembly Diosdado Cabello has stated that he will make public “hard evidence of assassination attempts” targeting himself and President Nicolas Maduro “in due course”. Cabello told legislators “We know who they are, what they are, what they want, and we will find them.”

Medical associations on state of emergency in Venezuela, El Universal

The Network of Medical and Scientific Associations declared a state of emergency in the Venezuelan health system and rejected the scale of charges drafted without including health federations, professional associations, private hospitals and other relevant entities. “We declare a state of emergency for multiple reasons. We cannot ignore how serious it would be regulating, over the use of force, charges arising out of clinical services or closing private health centers based in the country

 
Jun
5
2013
Posted by
admin
Comments

Nicolas Maduro’s Embarrassing Week

Nicolas Maduro1 620x442 e1370466156876 Nicolas Maduro’s Embarrassing Week

Courtesy of: Associated Prses

The presidency of former bus driver Nicolás Maduro began inauspiciously, his government using intimidation and threats to consolidate power.  Now, two months after he claimed victory in an election fraught by irregularities, things have only gotten worse for Maduro. The aftermath of Venezuela’s election controversy have caused Maduro to lose support and popularity among his own people. And as violence and a sinking economy continue to take their toll on Venezuelans, Maduro is now coming face-to-face with the consequences of years of Chávez’s failed socialist policies.

Maduro reacted like a spurned child when news emerged that opposition leader Henrique Capriles had traveled to Colombia and had been received there by President Juan Manuel Santos. As Venezuela’s socialist policies have kept the country in economic squalor, Colombia is one of Latin America’s success stories, and a strong U.S. ally in the region. Capriles met with President Santos, along with members of the Colombian parliament, where the leaders discussed Venezuela’s narrow presidential election along with the country’s dire economic situation.

“We are taking the voice of millions of Venezuelans beyond our borders,” Capriles said in Colombia. “The fight for democracy has to be everyone’s fight.” Indeed, news emerged this week that voter rolls indicate that deceased Venezuelans had “voted” in recent elections – the latest in a series of disturbing revelations about the state of democracy in Venezuela.

Economically, the situation is perilous and getting worse. With inflation near 30 percent and Venezuelans struggling to find basic goods like toilet paper, the country’s economy is heading for a recession sure to make matters worse. The Venezuelan government plans to institute restrictions on the sale of 20 basic items subject to price controls in Zulia, the country’s most populous state. Starting next week, the state will issue computer chip cards that will limit consumer purchases of certain products. Though the government has spun the move as a fight against contraband on the Colombian border, it is another clear sign that Venezuela’s shortages are worsening.

Meanwhile Venezuela’s bonds have bottomed out; Moody’s now rates them as junk status, a sign that the financial community has lost faith in Maduro’s government.

Indeed, criticism from the international community and from watchdogs continues to ratchet up. The meeting between President Santos and Capriles embarrassed Maduro on the world stage; the shootings of two U.S. embassy officials only further underscored the dreadful violence that plagues Venezuela. Desperate to quell the concerns of the international community, Venezuela has requested a meeting with top U.S. Diplomat John Kerry. Kerry will meet with Foreign Minster Elías Jaua at the ongoing Organization of American States General Assembly session in Guatemala. The meeting – the first at the cabinet level between the nations in several years – will explore ways to improve fractured relations between the two nations.

The only hope for Venezuela’s economy and her people lies in moderation, yet the signs often point in the opposite direction. Maduro has grasped for scapegoats, blaming Venezuela’s scant remaining private industry for the problems caused by the government. Venezuela’s last independent television station, Globovisión, was recently purchased by a group of businessmen with ties to the country’s ruling party. Now, as if on cue, the station has pledged to curb criticism of the government on its airwaves.

With Venezuela’s media already almost entirely controlled by the government, Globivision represented the last semblance of free media in the country. Its sale “appears to represent a new extension of the Venezuelan government’s control over broadcast media,” write Latin America experts Hugo Pérez Hernáiz and David Smilde.

All in all: it paints an embarrassing picture for Venezuela’s new president. Lacking in legitimacy before the international community and his own people, his government unable to reverse the economic calamity it caused, Nicolas Maduro’s first months in office started poorly, and have only gotten worse. And the Venezuelan people are feeling the consequences.