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Venezuela's Failed Socialist Experiment

Forbes - ‎Jul 24, 2016‎
At the start of 2014, Venezuela's GDP stood at $371.34 billion, with nearly half of that coming from oil (it accounts for almost 100% of exports).

Latin American Central Bankers to Lend $482.5m to Venezuela

Bloomberg - ‎3 hours ago‎
The loan is too small to address Venezuela's chronic shortage of dollars and widening balance of payments deficit, said Siobhan Morden, head of Latin America fixed-income strategy at Nomura Holdings Inc. Venezuela's sovereign debt is the most expensive ...

Mark Falcoff: From Cuba to Venezuela

Power Line (blog) - ‎9 hours ago‎
One was that, given the collapse of oil prices and the chaos in Venezuela, Cuba's sponsor and ally, this was Obama's way of throwing a lifeline to the Castro regime, with which it has more ideological affinities than it dared to publicly admit.
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Prospects for a Post-Maduro Venezuela

Huffington Post - ‎20 hours ago‎
Over the past several weeks, hundreds of thousands of Venezuelans have crossed the previously closed border with Colombia to purchase the basic necessities they can no longer buy at home , a net result of Venezuela's ongoing economic and political ...
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'We survive thanks to the mercy of God': Inside a Venezuelan hospital during the food crisis - ‎Jul 23, 2016‎
Venezuela is a country of shortages: water, electricity, medicine, baby formula, toilet paper, car parts, you name it. The devastating food shortage has highlighted the depth of the country's recession, which was triggered by the global collapse of oil ...

Venezuelan civil servants signed a petition to oust the president. Now they're losing their jobs.

Washington Post - ‎Jul 23, 2016‎
CARACAS, Venezuela - “You must know what you did,” Eva Belloso's boss said to her when she was fired without notice this month after 24 years with Venezuela's tax and customs service. Belloso, who was coordinator of legal services at Seniat (as the ...

Venezuela gain strength in defeat

FIBA - ‎8 hours ago‎
Venezuela were on the wrong end of some heavy scores last summer before the FIBA Americas Championship, yet they hit their stride at the right time and reached the Semi-Finals of the event in Mexico City to qualify for the Olympics and then beat ...

Paraguay and Brazil reiterate “Venezuela is a non full member of Mercosur”

MercoPress - ‎8 hours ago‎
The minister was asked specifically about the Common Market Council meeting scheduled for Saturday 30 July to again address the Venezuela issue. The CMC brings together all the foreign ministers from member countries, Argentina, Brazil, Paraguay, ...
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McDonald's Will No Longer Be Serving Big Macs In Venezuela

The Inquisitr - ‎17 hours ago‎
According to an AFP report, McDonald's has pulled the plug on Big Macs in Venezuela. The fast-food giant claims it is no longer able to provide its customers with the slice of bread that goes in between the two meat patties, AFP reports, citing ...
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Venezuela's Jhonattan Vegas wins RBC Canadian Open, while Canadians wait another year - ‎21 hours ago‎
Meanwhile, six other countries were represented at or near the top of the leader board on the back nine on Sunday: Spain (Jon Rahm), Germany (Alex Cjeka), Scotland (Martin Laird), Australia (Geoff Ogilvy), Venezuela (Vegas) and the United States ...

Venezuelan schoolchildren express hunger in drawings

Reuters - ‎4 hours ago‎
CARACAS When children at a Catholic-run school in a poor neighborhood of Venezuela's Caracas capital began fainting from hunger, teachers asked them to draw or describe their most recent meals and what they expected to eat next.
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Jailed Leopoldo Lopez denounces Venezuela's government at appeal hearing

Fox News Latino - ‎Jul 24, 2016‎
CARACAS, Venezuela (AP) - Jailed opposition politician Leopoldo Lopez angrily denounced Venezuela's government on Saturday at an appeals hearing that his supporters are hopeful will overturn a nearly 14-year sentence for inciting violence.
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Congratulations To Bolivarian Socialism - Venezuela Is Now The Country With No Big Macs

Forbes - ‎Jul 23, 2016‎
It's entirely true that we might not view a lack of McDonald's MCD +0.85% Big Macs as signifying the end of civilisation. My own attitude to the things is that someone else can eat them, not me.

SurBitcoin Is Back in Business in Venezuela

newsBTC - ‎Jul 24, 2016‎
SurBitcoin, the Bitcoin exchange operated by BlinkTrade in Venezuela had run into some troubles with its banker, Banesco Bank after the latter froze its business account earlier this month.
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Colombia to press for open border with Venezuela after food queues

BBC News - ‎Jul 19, 2016‎
The government in Colombia has called for the permanent opening of its border with Venezuela after crisis-hit Venezuelans flocked to buy basic items. Colombia said it would not allow any further temporary openings of the border, which Venezuela shut ...

Venezuela moves to improve medicines distribution

The Pharma Letter (registration) - ‎8 hours ago‎
The Venezuelan government has established automatic distribution centers as part of a project to improve medical supplies in the South American country.
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Federal judge rejects $100M lawsuit against Venezuela

Fox News Latino - ‎Jul 23, 2016‎
COLUMBUS, Ohio (AP) - A federal judge on Friday rejected a $100 million investors' lawsuit against Venezuela in a case that included allegations of fraud, hints of an international criminal conspiracy and references to diamonds, junk bonds and a ...

Hungry Venezuelans turn to church

Crux: Covering all things Catholic - ‎13 hours ago‎
María Elena Febres-Cordero, president of Venezuela's National Council of the Laity, said she believes the deepening economic morass has brought Venezuelans closer to the church and prompted them to look to their parishes and bishops for guidance.

Venezuela Condemns Deadly Western Airstrike in Syria - ‎Jul 23, 2016‎
The Bolivarian Republic of Venezuela expresses its rejection of the deaths of more than fifty Syrian civilians, including women and children, as a result of the aerial attacks carried out on the 18th of July by the West's coalition, which occurred in ...