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Keyword: venezuela

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  • Vox Avoids S-word in Venezuela Crises Photo Essay

    02/26/2015 5:49:33 PM PST · by PJ-Comix · 5 replies
    NewsBusters ^ | February 26, 2015 | P.J. Gladnick
    Say it! SAAAAY IT!!! ---Sam Kinison General Electric Vox published a photo essay about the crises in Venezuela. The photos of the protests were picturesque but something important was missing. It was especially noticeable when the essay by Amanda Taub, 11 stunning photos of the protest movement sweeping Venezuela, touched on the dismal economy. Therefore the most stunning thing about the essay wasn't the photos but the very noticeable failure to mention a certain word seen all over Venezuela. A certain S-word seen all over the walls and billboards of Venezuela. A word that the corrupt government in Caracas proudly...
  • Why is the regime jailing private enterprise owners (and this blogger at risk).

    02/24/2015 4:48:20 PM PST · by Kartographer · 4 replies
    Daniel's Blog Spot ^ | 2/23/15 | Daniel
    There is a very simple answer for that: the regime needs a scapegoat that pays with its hardcore, Luddite, take no hostage, resentful base. The question would be more interesting if worded differently: why does it pay to jail a few business owners? The answer to this question is a little bit longer but not very complicated. The reason can be found in 40 years of populism light followed by 15 of populism hard. In a country that has been told that "we are rich" and that the problem is that "wealth is not redistributed as it should" you do...
  • Putin Throws Wrench in Iran Nuke Talks

    02/23/2015 5:44:59 PM PST · by Ernest_at_the_Beach · 13 replies
    thefiscaltimes.com ^ | Mon, Feb 23, 2015, 8:39pm EST | Rob Garver, The Fiscal Times
    In an announcement that seems certain to further inflame opinions about a proposed deal to limit Iran’s nuclear capacity, it was revealed today that Russia’s state-owned defense conglomerate Rostec has offered to sell advanced anti-aircraft missiles to Iran. Related Stories Kerry Says Iran Extension Worth It Only If Deal Almost Done Bloomberg Iran leader says no nuclear deal better than bad one AFP World powers 'united', Kerry says ahead of new Iran nuclear talks AFP 'Significant gaps' remain in Iran nuclear talks: Kerry AFP
  • Venezuelans' long waits yield soap, and intelligence agents

    02/22/2015 1:56:09 PM PST · by Kartographer · 19 replies
    AFP via Yahoo News ^ | 2/22/15 | Valentina Oropeza
    At 7:30 am, the pharmacy opened. View galleryA woman checks food stocks on February 2, 2015 in Caracas, … A woman checks food stocks on February 2, 2015 in Caracas, Venezuela where the economic crisis is pr … There was not much on the shelves, but an employee confirmed a truck was expected. An hour later, the truck rolled up with a pair of National Guard troops who unpacked three boxes of soap bars, two of shampoo, and one very clear instruction: each person may buy up to two of each item. Not more. That is because the government is wary...
  • The Saudi project, part two Oil is back over $60 a barrel. Is the market returning to normal?

    02/20/2015 4:33:23 AM PST · by thackney · 61 replies
    The Economist ^ | Feb 21st 2015 | The Economist
    STAGE one of Saudi Arabia’s plan—or perhaps hope—to restructure the oil market is taking longer than expected. By refusing to rein in production while prices fell, the Saudis permitted a big surplus to grow and served notice on higher-cost rivals (Russia, Venezuela, American shale-oil producers) that they would not prop up other people’s profit margins at the expense of their own market share. That signal has been weakened by the growing amount of oil in storage, which is absorbing most of the glut. World oil stocks rose about 265m barrels last year and Société Générale, a French bank, reckons they...
  • Why does Obama really want to open Cuba to the U.S.?

    02/22/2015 8:53:32 AM PST · by Oldpuppymax · 9 replies
    Coach is Right ^ | 2/22/15 | George Spelvin
    Was the real reason for Obama’s Executive Order opening Cuba to the United States his desire to fulfill the imprimatur of the Weather Underground to establish Communism in America? A FOIA request forced the FBI to open its top secret archives on the Weather Underground movement. Founded by several urban 1960′s revolutionaries including the husband-wife team of Bill Ayres-Bernardine Dohrn, the WUO grabbed the nation’s attention with its bombings, attacks on police and police headquarters and various acts of domestic terrorism. “The example of the Cuban revolution became the guide for the emerging American student revolutionary” states this FBI vault...
  • Since 9/11, The U.S. Has Been Involved In More Than 5 Wars … And They’ve All Been Disasters

    02/22/2015 7:05:35 AM PST · by Leaning Right · 48 replies
    Zero Hedge ^ | Feb. 20, 2015 | "George Washington"
    Below, we demonstrate that the U.S. keeps “losing” war after war. There are 3 potential reasons this might be happening: •Is this chaos an intentional way to implement regime change and grab resources? •Or is this a sign of the decline of the American empire … and we just can’t win a war anymore? •Or do those in charge just not really give a damn about winning … and are they just focusing on one short-term goal after another?
  • Venezuela's final death throes

    02/21/2015 12:12:50 PM PST · by DanMiller · 18 replies
    Dan Miller's Blog ^ | February 21, 2015 | Dan Miller
    Arrest of the mayor of Venezuela's largest city on charges of treason should, but probably will not, end the dictatorial reign of Chavista el Presidente Maduro.My wife, Jeanie, and I spent periods totaling more than two years, and ranging in length from six months to a few days, in Venezuela between 1997 and 2002. During those periods, we saw much of Venezuela, from the cities to the rural mountain areas. It was a beautiful and comparatively prosperous country then. Food, most of it locally grown or raised, was plentiful, good and inexpensive. We both received excellent but inexpensive medical care. I felt safer in...
  • Worriedly nonplussed in Caracas

    02/20/2015 12:31:14 PM PST · by Kartographer · 8 replies
    Daniel Venezuela Blogspot ^ | 2/19/15 | Daniel
    The regime tonight has crossed one of those big, sloppy, obvious, dangerous red lines tonight. The kind of crossing from where there might not be a return point. Not that I am picky on that, as far as I am concerned that red line was crossed when RCTV was closed. But I digress. Yet, arresting the mayor of Caracas, the highest recipient of votes in the country after the presidential vote, a reelected mayor, and well reelected at that in spite of all the bias in favor of the regime's candidate who was then named as a sabotaging shadow mayor...
  • Russia Boosts Arms, Training for Leftist Latin Militaries

    02/20/2015 6:54:15 AM PST · by elhombrelibre · 7 replies
    Russia agreed to provide military training for three leftist regimes in Latin America and increase military visits and exercises following a visit last week to the region by Moscow’s Defense Minister Sergei Shoygu, Pentagon officials said. Shoygu met with defense and military leaders in Cuba, Venezuela, and Nicaragua and signed several agreements on warship visits and military training during the visit, which ran from Feb. 11 to 14. It is not clear whether any new arms deals were completed during the visit. Defense officials said the Russian leader is seeking bases in the region for strategic bomber flights that Shoygu...
  • Caracas mayor arrested on ‘coup plot’ claims

    02/20/2015 6:57:24 AM PST · by DUMBGRUNT · 2 replies
    The Washington Post ^ | February 20 | Nick Miroff
    Calling the twice-elected Ledezma "a vampire," Maduro vowed an "iron fist" response to the alleged coup plot.
  • Venezuela police raid arrests Caracas mayor Antonio Ledezma ("carried him away"'if he were a dog')

    02/20/2015 2:09:34 AM PST · by Nextrush · 23 replies
    BBC News ^ | 2/19/2015 | BBC
    The mayor of Venezuela's capital, Antonio Ledezma, has been arrested amid accusations of a coup attempt. President Nicolas Maduro said the opposition leader must answer "for all the crimes committed against the country's peace and security." Camouflaged police smashed into the mayor's office and carried him away...... Hundreds of people gathered at the intelligence agency's HQ in Caracas to protest at the arrest..... Mr. Ledezma was on a list of people and foreign powers named by Mr. Maduro last week as attempting to bring down his administration. Mr. Ledezma, Caracas mayor since 2008, replied that it was government corruption that...
  • All Bubbles Burst: China's Real Estate Market Crashing, Eurogroup Prepare For Grexit & Default...

    02/18/2015 10:23:39 AM PST · by alexmark1917 · 6 replies
    China's Real Estate Market Crashing... Real Estate is the single biggest domestic lending segment in China. Combined with deflation in Iron Ore, Steel, Copper, and other industrial metals China's collateral quality is looking very very shaky compared to loan volume... SNIP While the world's attention is glued to events in Greece, the real action continues to evolve quietly thousands of kilometers east, in China, where the near record surge in new loans remains unable to offset the dramatic slowdown in shadow banking issuance. And while China's bubble-chasing, animal spirits have recently reoriented themselves from real estate to the stock market,...
  • Get Ready for $10 Oil

    02/17/2015 10:29:59 AM PST · by Duke C. · 65 replies
    Bloomberg | A. Gary Shilling
    At about $50 a barrel, crude oil prices are down by more than half from their June 2014 peak of $107. They may fall more, perhaps even as low as $10 to $20. Here’s why.
  • The Coming Oil Crash: Why Oil Prices Will Drop

    12/31/2007 8:57:38 AM PST · by Clemenza · 139 replies · 343+ views
    Portfolio | January 2008 | John Cassidy
    http://www.portfolio.com/views/columns/economics/2007/12/17/Why-Oil-Prices-Will-Drop
  • Tweeting for Treatment in Venezuela

    02/13/2015 5:53:24 AM PST · by C19fan · 8 replies
    OZY ^ | February 13, 2015 | Sergio Held
    It’s a tweet that ultimately fell on deaf ears: “#ServicioPublico Infalgan solution of 10 Mg for injection is needed for Vanessa Chacón.” S ent from San Rafael del Piñal, a small town in Venezuela near the border with Colombia, the tweet was sent on behalf of Chacón, 22, who needed the medicine to survive a severe coronary condition. Unfortunately, it’s simply not available there — and isn’t likely to be anytime soon. “My niece is very sick. We haven’t been able to locate the drug in pharmacies or in hospitals,” says Nelson Jaimes, who’s Chacón’s uncle and, coincidentally, a pharmacist....
  • Why "drill, baby, drill" was right

    02/11/2015 4:35:29 PM PST · by upsdriver · 27 replies
    TribTalk ^ | February 11, 2015 | Sarah Palin
    It’s always a pleasure returning to the beautiful Lone Star State. This week I’m in Houston speaking with the industrious men and women of America’s oil patch at the North American Prospect Expo. These are the unsung heroes of our nation’s energy renaissance. In the brutal economic environment of the last six years, one sector had good news to report, and it came straight out of America’s oil patch. From 2007 to 2012, employment in the energy industry rose a dramatic 31.6 percent while employment nationwide fell 2.7 percent. U.S. oil production increased from 6.5 million barrels per day in...
  • Governor Palin Pens Energy Op-Ed for Houston Tribune

    02/11/2015 4:38:41 PM PST · by Bratch · 40 replies
    Conservatives4Palin ^ | February 11 2015 | Sarah Palin via Steve Flesher
    Governor Palin wrote a great article for the Houston Tribune today loaded with a lot of good facts on energy.  She also notes an interesting flip flop from our president on the matter. It’s always a pleasure returning to the beautiful Lone Star State. This week I’m in Houston speaking with the industrious men and women of America’s oil patch at the North American Prospect Expo. These are the unsung heroes of our nation’s energy renaissance.In the brutal economic environment of the last six years, one sector had good news to report, and it came straight out of America’s oil patch. From...
  • Iranian 'diplomat' caught gathering intel on Israeli embassy flees Uruguay

    02/08/2015 11:23:24 AM PST · by Nachum · 6 replies
    Israel Matzav ^ | 2/8/15 | Carl in Jerusalem
    An Iranian 'diplomat' who was caught gathering intelligence on the Israeli embassy in Uruguay has fled that country. Ahmed Sabatgold, 32, a political consultant in the Iranian embassy in Montevideo, was suspected of being involved in placing an explosive device near the new Israeli embassy in early January, the Uruguayan El Observador newspaper reported Sunday. Haaretz reported on Friday that the Uruguayan government had expelled an Iranian diplomat on suspicion of involvement in the attempted bomb attack on the Israeli embassy. The publication caused a great deal of embarrassment in Montevideo, where the government had tried to keep the...
  • Venezuela leader orders takeover of supermarket chain

    02/07/2015 11:33:52 AM PST · by grundle · 21 replies
    yahoo.com/AFP ^ | February 6, 2015
    Caracas (AFP) - Venezuelan President Nicolas Maduro on Friday ordered the government takeover of a private supermarket chain, accusing the company of food hoarding amid huge lines and shortages in the crisis-hit country. Related Stories Venezuela to incorporate occupied grocery into state system Associated Press Venezuela Seizes Supermarket Chain Stores The Wall Street Journal Venezuela begins occupation of private supermarket chain Associated Press Venezuela president says seeking financing to offset oil fall Reuters Venezuela authorities probe drug store chain amid shortages Associated Press Maduro did not say whether the move amounted to an expropriation, but he said the government's PDVAL...
  • Rice: US not facing 'existential' threats

    02/06/2015 3:10:37 PM PST · by jazusamo · 60 replies
    The Hill ^ | February 6, 2015 | Kristina Wong
    Susan Rice pushed back on critics of President Obama's foreign policy Friday as she unveiled the White House’s new national security strategy. Rice, the White House's national security adviser, said in a speech at the Brookings Institution that the nation is “stronger than we have been in a very long time” despite the bitter debates raging in Washington. “Too often, what's missing here in Washington is a sense of perspective. Yes, there is a lot going on. Still, while the dangers we face may be more numerous and varied, they are not of the existential nature we confronted during World...
  • $755 for a box of condoms? No protection from shortages in Venezuela

    02/06/2015 2:16:03 PM PST · by C19fan · 8 replies
    CNN ^ | February 6, 2015 | Rafael Romo
    Shortages of basic products such as corn, milk and chicken have plagued Venezuela for years, creating long lines at supermarkets and pushing inflation well past the 60% mark just in the last year alone. More recently, shortages are affecting people in the South American country in a more personal way. Venezuelan consumers complain condoms and birth control pills are nowhere to be found. Shortages that first affected the dining table have now made their way into the bedroom.
  • Did the Argentine Government Kill Alberto Nisman? [There was a warrant to arrest the President]

    02/04/2015 9:11:41 AM PST · by SeekAndFind · 7 replies
    Pajamas Media ^ | 02/04/2015 | Michael Walsh
    Well, the only other prime suspects are the Iranians, so you figure it out: Alberto Nisman, the prosecutor whose mysterious death has gripped Argentina, had drafted a warrant for the arrest of President Cristina Fernández de Kirchner, accusing her of trying to shield Iranian officials from responsibility in the 1994 bombing of a Jewish center here, the lead investigator into his death said on Tuesday.The 26-page document, which was found in the garbage at Mr. Nisman’s apartment, also requested the arrest of Héctor Timerman, Argentina’s foreign minister. Both Mrs. Kirchner and Mr. Timerman have repeatedly denied Mr. Nisman’s accusation that...
  • Draft of arrest warrant for Argentine president found at dead prosecutor’s home [plot thickens]

    ...The new revelation that Nisman had drafted arrest warrants for the president and the foreign minister further illustrates the heightened tensions between him and the government before he was found dead Jan. 18 at his apartment with a gunshot wound to his head. He had been scheduled the next day to provide details before Congress about his accusations against Kirchner.... He acknowledged that previous legal cases had shaken Argentina’s political establishment, but he emphasized that this case involved a request to arrest a sitting president. “It would have been a scandal on a level previously unseen,” Berensztein said. Kirchner, who...
  • Slain Argentine Prosecutor Reportedly Considered Arresting President

    02/03/2015 5:17:51 PM PST · by Steelfish · 3 replies
    LATmes ^ | February 03, 2015 | ANDRES D'ALESSANDRO AND CHRIS KRAUL
    Slain Argentine Prosecutor Reportedly Considered Arresting President Feb.3, 2015 By ANDRES D'ALESSANDRO AND CHRIS KRAUL Special prosecutor Alberto Nisman was apparently considering an arrest warrant for Argentine President Cristina Fernandez de Kirchner before his death Jan. 18, according a published report. Nisman was found dead in his Buenos Aires apartment from a gunshot wound to the head days after publicly accusing the president, Foreign Minister Hector Timerman and other officials of involvement in a coverup tied to the 1994 bombing of a Jewish community center in which 85 people died. Argentine prosecutor probing 1994 bombing shot in head, autopsy shows...
  • Argentine Prosecutor Had Drafted Arrest Warrant for President Before His Death

    02/03/2015 12:11:47 PM PST · by McGruff · 11 replies
    YAHOO Finance ^ | 2/3/2015 | Daniel Cancel
    A day after Argentina’s cabinet chief tore up a newspaper article, ridiculing the story that said deceased prosecutor Alberto Nisman had considered the arrest of the president, the investigator into his death confirmed the report. A draft document calling for the detention of President Cristina Fernandez de Kirchner and members of her government was found in Nisman’s apartment after his body was discovered with a bullet to the head on Jan. 18, prosecutor Viviana Fein said.
  • Obama administration intervened in Argentine probe of Iranian leader, Jewish center bombing

    01/26/2015 4:28:39 AM PST · by Pharmboy · 40 replies
    World Tribune ^ | 1-23-15 | Anon
    LONDON — The United States pressed Argentina to end its investigation of Iranian complicity in the 1994 bombing of a Jewish center in which nearly 100 people were killed. Western diplomatic sources said the administration of President Barack Obama urged Argentina on several occasions to either stop or limit the investigation into the bombing of the Argentine-Israeli Mutual Association in Buenos Aires. The sources said the U.S. appeals marked one of the demands by Iran for a reconciliation with Washington. “Argentina had hard evidence against at least one Iranian leader, which prevented him from traveling abroad,” a source said.
  • Reporter flees Argentina after threats in dead prosecutor case

    01/25/2015 6:49:55 PM PST · by nuconvert · 13 replies
    AFP/Yahoo ^ | Jan 25, 2015
    A reporter who broke the story that an Argentine prosecutor was found dead shortly before he was about to make explosive allegations about President Cristina Kirchner fled Argentina on Sunday after threats. -excerpt- A citizen of Argentina and Israel, he worked for the English-language Buenos Aires Herald. Pachter fled Argentina after receiving threats, and being followed, he told colleagues in other media. The reporter, who also worked with Israel's Haaretz, told colleagues his phones had been tapped in Argentina.
  • Why Nisman's Killing In Argentina Matters To The U.S.

    Years ago, Henry Kissinger dismissed Argentina (or sometimes Chile, depending on the version) as "a dagger pointed at the heart of Antarctica." In 2015, things are a bit different. It's not that this country has anything to teach us about economics, other than what not to do. But a lot of vital news is emanating from that country — from the new Argentine pope to, perhaps even more pointedly, the aftermath of the shocking death of Argentine special prosecutor Alberto Nisman, which has special relevance to our war on terror and confrontation with Iran.
  • Oil-hungry, cash-starved Argentina sought dirty deal with Iran, prosecutor's death reveals

    01/23/2015 12:53:20 PM PST · by Rusty0604 · 10 replies
    Fox News Latina ^ | 01/23/2015 | Andrew O'Reilly/
    When Alberto Nisman’s body was found inside his Buenos Aires apartment with a bullet lodged in his head, questions immediately arose about the circumstances surrounding his death and the investigation he had been conducting into a 1994 car-bomb attack on an Argentinian Jewish center by Iranian terrorists that killed 85 people. "The Argentinian economy is in really dire straits, and they’re shut out of almost every foreign market, and their economic lifelines are drying up," Jason Marczak, deputy director of the Adrienne Arsht Latin America Center at the Atlantic Council, told Fox News Latino. "The Argentinians were forced to look...
  • Argentine Prosecutor Death in Iran Terror Case Gets Curiouser

    01/23/2015 11:37:53 AM PST · by Rusty0604 · 15 replies
    Legal Insurrection ^ | 01/23/2015 | David Gerstman
    More doubts emerge about the supposed suicide. Sunday night Argentinian prosecutor Alberto Nisman was found shot to death in his apartment. Nisman had been scheduled the following day to present his criminal complaint against Argentinian President Cristina Fernández de Kirchner before a closed session of Argentina’s congress. The initial claim (one made by Kirchner herself on her Facebook page) that Nisman committed suicide hardly seemed credible at the time. How many people would kill themselves before the high point of their careers? Nisman had spent ten years investigating the 1994 AMIA Jewish center bombing in Buenos Aires and now he...
  • Argentina: Kirchner reverses herself; Says Nisman death 'not a suicide'

    01/23/2015 7:04:44 AM PST · by SeekAndFind · 9 replies
    American Thinker ^ | 01/23/2015 | Rick Moran
    Argentina President Cristina Kirchner reversed her government's position on the death of prosecutor Alberto Nisman, saying now that his death was not a suicide. The reversal comes as evidence gathered by Nisman proving that the government covered up Iranian involvement in the 1994 suicide bombing of a Jewish community center was released.on Thursday. Kirchner is saying that Nisman was killed to discredit her government and that the prosecutor was "misled" by people posing as intelligence agents who fed him wrong information. Jewish Business News: Kirchner, after flip-flopping on the suicide theory, is now trying to convince the public that...
  • Argentine Phone Calls Detail Efforts to Shield Iran

    01/22/2015 1:17:51 PM PST · by Mount Athos · 19 replies
    New York Times ^ | JAN. 21, 2015 | JONATHAN GILBERT and SIMON ROMERO
    Intercepted conversations between representatives of the Iranian and Argentine governments point to a long pattern of secret negotiations to reach a deal in which Argentina would receive oil in exchange for shielding Iranian officials from charges that they orchestrated the bombing of a Jewish community center in 1994. The transcripts were made public by an Argentine judge on Tuesday night, as part of a 289-page criminal complaint written by Alberto Nisman, the special prosecutor investigating the attack. Mr. Nisman was found dead in his luxury apartment on Sunday, the night before he was to present his findings to Congress. In...
  • Israel Hits Pay Dirt with Strike on Iran & Hezbollah

    01/22/2015 5:22:02 AM PST · by SJackson · 34 replies
    FrontPage Magazine ^ | January 22, 2015 | Ari Lieberman
    Israel Hits Pay Dirt with Strike on Iran & HezbollahPosted By Ari Lieberman On January 22, 2015 @ 12:44 am In Daily Mailer,FrontPage | 4 Comments Gen. Mohammad Ali Allahdadi As Congress gets set to impose new sanctions on Iran and the mysterious death of Alberto Nisman, Argentina’s indefatigable prosecutor, once again sheds the unwanted spotlight on the Islamic Republic’s overseas terror activities, the mullahs have been hit with yet more bad news. On January 18, Israeli helicopters fired missiles at a convoy of military vehicles traveling on the Syrian side of the Golan Heights with devastating effect.The missile strike...
  • Death of a Prosecutor

    01/21/2015 5:39:05 AM PST · by SJackson · 6 replies
    FrontPage Magazine ^ | January 21, 2015 | Kenneth R. Timmerman
    Death of a ProsecutorPosted By Kenneth R. Timmerman On January 21, 2015 @ 12:35 am In Daily Mailer,FrontPage | 2 Comments Alberto Nisman, the Argentinean prosecutor who indicted top Iranian regime officials for the July 1994 AMIA Jewish Center bombing in Buenos Aires, was found dead by gunshot in his apartment on Sunday night, in what initially was called a suicide.Nisman was scheduled to address members of parliament the next day to reveal new information about alleged efforts by Argentinean President Cristina Fernandez de Kirchner and her foreign minister, Hector Timerman, to cover up the responsibility of the Iranian regime...
  • Argentine former spy called to testify in case of dead prosecutor

    02/04/2015 9:01:20 PM PST · by Citizen Zed · 5 replies
    Reuters ^ | 2-4-2015
    The government says Nisman's allegations and his death were linked to a power struggle at Argentina's intelligence agency and agents who had recently been fired. One of those fired in a December shake-up was Antonio Stiusso, a senior spy who had helped Nisman with his investigation of the 1994 bombing that killed 85. The government has said Stiusso misled Nisman. Citing sources close to the investigation into Nisman's death, Argentine news agency DyN said that Stiusso had been called to testify at 11 a.m. (1400 GMT) in Buenos Aires. The lead investigator into the case, Viviana Fein, called upon him...
  • Venezuela seeks mediation with US

    02/05/2015 8:50:39 AM PST · by fungoking · 15 replies
    BBC ^ | 2/4/2015 | Staff
    Venezuelan President Nicolas Maduro has called for a relationship with the United States based on diplomacy and an end to what he claims is a US plan to destabilise his government. Mr Maduro was speaking to supporters in Caracas before meeting the Secretary General of the Union of South American Nations (Unasur), Ernesto Samper. He later asked Mr Samper to mediate between Venezuela and the US. The US imposed sanctions against Venezuelan officials in December. They were aimed at those allegedly involved in suppressing the anti-government protests that shook Venezuela in the first six months of 2014. On Monday, the...
  • Can a Chinese billionaire build a canal across Nicaragua?

    02/04/2015 10:42:14 AM PST · by Brad from Tennessee · 52 replies
    Washington Post ^ | February 4, 2015 | By Joshua Partlow
    PUNTA BRITO, Nicaragua — One of the largest engineering projects in history would start here, on this desolate and pristine crescent of dark-sand Pacific beach. From in front of the hammock-swinging shrimpers on the porches of their tin-and-wood shanties, the trench would run east in sinuous curves up through the mangroves and banana fields until it reaches the shores of Central America’s largest freshwater lake, then cut across the Caribbean highlands and through indigenous territory, ending its journey 172 miles away on the beaches of the Atlantic. They call it the Grand Inter-Oceanic Canal: an audacious $50 billion plan by an...
  • Venezuelan Army Authorized to Execute Protesters [semi-satire]

    02/04/2015 9:54:55 AM PST · by John Semmens · 3 replies
    Semi-News/Semi-Satire ^ | 2 Feb 2015 | John Semmens
    The Venezuelan Ministry of Defense has authorized the Army to shoot any protesters that do not obey orders to disperse. Minister of Defense, General Vladimir Padrino López defended the decree as both “necessary and proper. In this time of crisis everyone should be working together in support of the government. Public complaints alleging that the government has not fulfilled its promises encourages people to oppose the government’s measures to deal with the crisis. Such disloyalty cannot be tolerated.” There is also a pragmatic aspect to the policy. According to the General, “to the extent that shortages of food and other...
  • Petrobras chief and other senior executives resign (corruption scandal)

    02/04/2015 8:22:33 AM PST · by NormsRevenge · 14 replies
    BBC News | 2/4/15 | BBC
    The head of Brazil's state-run oil giant Petrobras and five senior executives have resigned in the wake of a huge corruption scandal. Maria das Graças Foster's departure follows the arrest and testimony of some three dozen executives at Petrobras and many of its suppliers. The board of Petrobras is due to meet on Friday to elect new executives. The scandal involves alleged price-fixing, bribes and kickbacks, which implicates Brazil's ruling party. Prosecutors have uncovered around $800m in bribes and other illegal funds. More than 200 businesses are being investigated and more than 80 people, including three former executives from Petrobras,...
  • Where Open Carry is Dangerous

    02/04/2015 5:22:48 AM PST · by marktwain · 5 replies
    Gun Watch ^ | 3 February, 2014 | Dean Weingarten
    There are places in the world where the obvious, open carry of firearms is a dangerous thing to do.  This occurs where life becomes cheaper than the value of a modern firearm, legal firearms are hard to obtain, and the police are held in low esteem. I first heard of this in the early 1980's in graduate school when an erudite colleague, Norman Whisler, showed me articles from India where officers were murdered for their service firearms on a fairly regular basis.   The harder a society makes it to obtain modern firearms, the more police who openly carry are...
  • OPEC leader: Oil could shoot back to $200

    02/03/2015 1:00:16 PM PST · by tcrlaf · 34 replies
    CNN Money ^ | 2-3-2015 | Matt DiLallo
    Right now the oil market is totally focused on finding a bottom for oil prices. However, according to OPEC's Secretary-General Abdulla al-Badri we've already hit bottom. Not only that, but he sees a real possibility that oil prices could explode higher to upwards of $200 per barrel in the future. He's far from the only one that sees a return of triple-digit oil prices. Finding a bottom: According to recent comments by the Secretary-General when he was in London, the oil market doesn't need to look for oil prices to bottom as the market has already bottomed. Instead, he offered...
  • U.S. about to pass Saudi Arabia as largest liquid petroleum producer

    09/30/2014 8:26:35 PM PDT · by 2ndDivisionVet · 14 replies
    Hot Air ^ | September 30, 2014 | Bruce McQuain
    The Financial Times [subscription] is reporting that the US is poised to become the world’s largest producer of liquid petroleum (oil and natural gas liquids): US production of oil and related liquids such as ethane and propane was neck-and-neck with Saudi Arabia in June and again in August at about 11.5m barrels a day, according to the International Energy Agency, the watchdog backed by rich countries. With US production continuing to boom, its output is set to exceed Saudi Arabia’s this month or next for the first time since 1991. [...] Rising oil and gas production has caused the US...
  • Russian Money Suspected Behind Fracking Protests

    12/01/2014 6:08:30 AM PST · by Theoria · 19 replies
    The New York Times ^ | 30 Nov 2014 | ANDREW HIGGINS
    PUNGESTI, Romania — Vlasa Mircia, the mayor of this destitute village in eastern Romania, thought he had struck it rich when the American energy giant Chevron showed up here last year and leased a plot of land he owned for exploratory shale gas drilling. But the encounter between big business and rural Romania quickly turned into a nightmare. The village became a magnet for activists from across the country opposed to hydraulic fracturing, or fracking. Violent clashes broke out between the police and protesters. The mayor, one of the few locals who sided openly with Chevron, was run out of...
  • Russia’s War on Fracking: Threatened by low oil prices, Putin covertly supports anti-frackers

    02/03/2015 8:17:31 AM PST · by SeekAndFind · 4 replies
    National Review ^ | 02/03/2015 | Tom Rogan
    As a senior archivist for the KGB’s foreign-intelligence directorate, Vasili Mitrokhin had access to a treasure trove of information. He unveiled those secrets after defecting to Britain in 1992. One such secret concerned the “active measures” — the lies – the KGB had used against the West during the Cold War. In the 1980s, for example, the KGB spread a couple of particularly pernicious rumors. It claimed the United States had manufactured the AIDS virus and that rich Americans were murdering children in the Third World for organ-harvesting purposes. Framed by faux science and ideologically screened “experts,” and harnessing anti-American...
  • Venezuela's 'socialist paradise' turns into a nightmare: medical shortages claim lives (shortened)

    02/03/2015 9:58:47 AM PST · by Kartographer · 41 replies
    The Telegraph ^ | 2/3/15 | Peter Foster,
    Mr Chavez might be dead, but as one of Latin America’s most charismatic political performers, he is far from forgotten. His placid features still stare out from billboards in Caracas, while Venezuelan television still plays his rambling speeches denouncing America, capitalism and the West. He promised the people the riches of the revolution, and for a while he was able to deliver, thanks to his country being blessed with the world’s largest proven oil reserves.
  • U.S. companies face billions in Venezuela currency losses, Reuters analysis shows

    02/02/2015 11:43:06 AM PST · by Lorianne · 23 replies
    Reuters ^ | 02 February 2015 | Tim McLaughlin
    At least 40 major U.S. companies have substantial exposure to Venezuela’s deepening economic crisis, and could collectively be forced to take billions of dollars of write downs, a Reuters analysis shows. The companies, all members of the S&P 500, and including some of the biggest names in Corporate America such as autos giant General Motors (GM.N) and drug maker Merck & Co Inc (MRK.N), together carry at least $11 billion of monetary assets in the Venezuelan currency, the bolivar, on their books. The official rate is at 6.3 bolivars to the dollar and there are two other rates in the...
  • US: ‘Patently false’ that Biden conspired against Venezuela

    02/02/2015 11:35:00 AM PST · by Olog-hai · 16 replies
    Associated Press ^ | Feb 2, 2015 1:43 PM EST | Josh Lederman
    The United States dismissed an accusation from Venezuela’s president that Vice President Joe Biden conspired to overthrow him as “patently false,” arguing Monday that President Nicolas Maduro was merely trying to distract the world’s attention from his government’s abuses of basic rights. The exchange of barbs undermined hopes that the U.S. and Venezuela could pursue improved ties following a rapid deterioration of relations last year. Just one month ago, Maduro and Biden shook hands in Brazil in an impromptu meeting in which both leaders expressed an interest in warmer relations. In a televised address over the weekend, Maduro claimed that...
  • U.S. workers strike for second day at nine refineries; one to shut

    02/02/2015 6:38:01 AM PST · by Citizen Zed · 20 replies
    Reuters ^ | 2-2-2015
    HOUSTON (Reuters) - Union workers were on strike for a second day on Monday at nine U.S. refineries and chemical plants as they sought a new national contract with oil companies covering laborers at 63 plants. The walkouts were the first in support of a nationwide pact since 1980 and targeted plants with a combined 10 percent of U.S. refining capacity. One of the plants, Tesoro Corp's (TSO.N) 166,000-barrel-per-day Martinez, California, refinery, was being shut because it was in the midst of planned maintenance work. The other refineries appeared set to continue running normally as operators initiated contingency plans, calling...
  • Venezuelan Police Murdered at Record Levels, for Their Firearms

    02/02/2015 7:01:02 AM PST · by StaffiT · 17 replies
    Pan Am post ^ | January 30, 2015 | Thabata Molina
    Soaring crime in Caracas throughout 2014 has given it the unenviable ranking of second most violent city in the world, with a murder rate of 155 for every 100,000 inhabitants, according to Mexican NGO Security, Justice, and Peace. In the Venezuelan capital, not even the state’s security forces are safe: during the first 29 days of 2015, criminals murdered 13 of the city’s uniformed officers. Circumstances varied, but in the majority of cases, the perpetrators killed police to steal their firearms. “The criminal sees the policeman not as a figure of authority, but as an equal, and he doesn’t respect...