Venezuela is also donating $100 million “for starters” to aid in recovery.
May many more countries follow Venezuela in their humanitarian and generous effort to help Haiti.
Posts Tagged ‘Venezuela’
Chavez forgives Haiti’s oil debt to Venezuela
Venezuela
It’s not hard to find criticisms of Hugo Chavez in this country. Their socialist experiment, we are told, is doomed for failure. The recent news of Venezuela’s currency devaluation and two-tiered exchange rate have some shrieking failure. Mike Shedlock, on his blog Mish’s Global Economic Analysis, had this to say,
Turn out the lights. The collapse [...]
Yo, Venezuela. Being socialist doesn’t repeal laws of economics
Venezuela has just devalued its currency, and also instituted a two-tiered system of exchange – three if you count the black market.
“The bourgeois are already talking about how all prices are going to double,” [President Hugo Chavez] said “People, don’t let them rob you. Denounce it and I’m capable of taking over that business.” [...]
Chavez gets thuggier
Coming soon to Venezuela: Armed militias answerable only to Chavez
There is no ambiguity on where the militias’ loyalties lie. Not with the Venezuelan state, not with the military, but directly and personally with Chávez.
Early on with Chavez, when I thought Chavez represented something truly new and democratic, a friend who has followed South American politics [...]
Saber rattling
Chavez warns of war with Colombia.
Dead rebel’s laptop shows Chavez is funding rebels, Colombian police say.
Chavez blinks
Won’t stop oil shipments to U.S.
It was a toothless threat anyway. If Venezuela stopped shipping oil to the US, the US would just buy it someplace else.
Unclear on the concept of global markets
Venezuelan President Hugo Chavez, who has threatened to cut off oil sales to the U.S., said reports that making such a decision would hurt his country’s economy are false, and that Venezuelan oil can be sold anywhere.
Well of course it can. And by the same measure the US can buy oil anywhere, including from whoever [...]
Venezuela vs. ExxonMobil. Round 2.
President Hugo Chavez on Sunday threatened to cut off oil sales to the United States if Exxon Mobil Corp. wins court judgments to seize billions of dollars in Venezuelan assets.
John Robb says “might be an interesting test of the fungibility of oil…” I’d say oil is quite fungible, which means any oil is about the [...]
Venezuela OilCo assets frozen
Exxon has won a court decision which freezes $12bn in assets of the nationalized Venezuela Oil company in a dispute over Exxon’s investment of $750 million.
Bonds of the oil company dropped in response, and now only fetch 66.75 cents on the dollar, which, I think, makes them junk bonds.
Venuezuela, the Farc, and cocaine
The Guardian reports on collusion between Colombia’s Farc and the Venezuela military, saying Venezuela is being used as the primary shipping point of Columbian cocaine out of South America. Given the amounts of money involved, it would seem naive or deliberately evasive to pretend such corruption couldn’t exist.
No source I spoke to accused Chávez himself [...]
Chávez tactical u-turn on socialism
Chavez is abandoning his socialist agenda “for now,” granting amnesty to right-wing coup plotters, replacing left-wingers in his cabinet, and signaling he wants to build alliances with the bourgeoisie.
New Statesman opines the recent defeat of socialism at the Venezuela polls had little to do with socialism and quite a lot to do with Chavistas becoming [...]
Chavez learns, be careful what you ask for
[On Saturday, Chavez] urged Venezuelans to see vote as a referendum on him.”It’s black and white — a vote against the reform is a vote against Chavez,” he said in a state television interview.
Reading leftie listservs and blogs today shows some sense of unreality among Chavistas, some of whom are determined to make this into [...]
CIA anti-Venezeula “pincers” memo bogus?
This from Larry Johnson, ex-CIA, terrorism expert, and political progressive (check his blogroll)
As the official bubble burster let me state for the record, this is patent nonsense. State Department officers do not write memos to Hayden. Particularly mid-level Foreign Service Officers. A CIA officer under diplomatic cover sends his communications to headquarters via an encoded [...]
Venezueula: The center may not hold
Red Squirrel details the enormous tension and conflict in Venezuela now, with the referendum vote on Saturday. Things are getting extremely polarized, with fighting in the streets, murder, and probable CIA intervention.
Venezuelan counterintelligence just released a document they say is a CIA memo outlining destabilization plans. Imagine the pressure-cooker atmosphere the release of the document [...]
Student critic of Chávez is Marxist
Venezuelan student leader Stalin González (his real name, his parents are leftists) opposes Chavez on Marxist terms. His been shot at, gotten death threats, and is central in student opposition to the upcoming referendum in Venezuela which, if it passes, would rescind term limits for Chavez and make the central bank part of the government [...]
