Free Republic 3rd Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $53,365
60%  
Woo hoo!! And we're now over 60%!! Thank you all very much!!

Keyword: venezuela

Brevity: Headers | « Text »
  • No,Venezuela doesn't prove anything about Socialism

    08/21/2018 11:59:33 AM PDT · by Del Rapier · 74 replies
    The Washington Post ^ | 08/21/2018 | Fransisco Toro
    Venezuela is clearly having its moment in the American conservative mediasphere. The country’s catastrophic collapse is, we’re told, all we need to know about the terrifying dangers of socialism. First there was Meghan McCain turning Venezuela into Exhibit A in her screed against socialism on ABC’s “The View.” On Fox Business Network, Stuart Varney used Venezuela’s latest bout of instability as a “teaching moment” for Americans tempted by “pie-in-the-sky” socialism. Off on the fringes, it’s a popular theme, too: Remember that the priceless Infowars gotcha video with the world’s most unflappable sailor girl turned on the killer line: “You know...
  • Buried news:Colombia's poor rejected socialism...time, out of a credible fear of 'another Venezuela'

    06/19/2018 4:55:25 AM PDT · by simpson96 · 7 replies
    American Thinker ^ | 6/19/2018 | Monica Showalter
    Sunday's election of a hard-core conservative in Colombia has left the media elites and their pundits befuddled. Some are calling Ivan Duque, the 41-year-old new conservative president-elect a 'populist' as if to suggest that both President Trump and the late unlamented Venezuelan strongman, Hugo Chavez, are all dreadful peas in the same pod. Others are speculating that Colombia elected another Emmanuel Macron, as if France's youthful, namby-pamby president amounted to a comparable sea change that this election represents. We heard of the new president summed up as 'pro-business' by the Wall Street Journal, as if that was all he meant...
  • Venezuela pegging its economic recovery to a cryptocurrency that’s widely considered a scam

    08/20/2018 10:09:35 AM PDT · by NRx · 63 replies
    CNBC ^ | 08-20-2018 | Kate Rooney
    Venezuela is doing something completely unprecedented. Some even say illegal. As part of an attempt to stop skyrocketing inflation, the country is issuing a new fiat currency called the "sovereign bolivar," which will be backed by a cryptocurrency. But that cryptocurrency, called the "petro," does not trade, and Venezuela's own parliament says it's being illegally used to mortgage the nation's cash-strapped oil reserves. "This is a smoke-and-mirrors operation typical of Venezuela — I'll believe it when I see it," said Steve Hanke, professor of applied economics at Johns Hopkins University and one of the world's leading experts on hyperinflation. "The...
  • News Summary At This Hour

    08/19/2018 9:03:58 PM PDT · by Nextrush · 2 replies
    Nextrush Free ^ | 8/19/2018 | Nextrush/Self
    White House National Security Advisor John Bolton met with Israeli Prime Minister Benjamin Netanyahu at his official residence in Jerusalem tonight.... Salih Khater, a Sudanese born UK national, will appear in court Monday charged with two counts of attempted murder over a terrorist incident last week in London.... The FBI and Oregon State Police handling of a January 26, 2016 "felony traffic stop" that killed one Oregon Standoff protestor, LaVoy Finicum, and injured another, Ryan Bundy, came under scrutiny from an esteemed mainstream media outlet this weekend..... In South Africa, white farmers fearful of the government seizing their land are...
  • News Summary At This Hour

    08/18/2018 8:09:45 PM PDT · by Nextrush · 7 replies
    Nextrush Free ^ | 8/18/2018 | Nextrush/Self
    There's word from the war Saudi Arabia is conducting in Yemen against the Houthis who heavily populate the northern part of the country and are supported by Iran. A bomb supplied by the United States was used in an air attack on a school bus recently that killed 51 people including 40 children. It was a laser guided Mk 82 bomb manufactured by defense contractor Lockheed Martin according to the lettering on it. This news report has political overtones since CNN is behind it noting that former President Barack Obama banned the sale of these kind of bombs after an...
  • James Mattis: Latin American countries selling out their sovereignty to Russia, China

    08/17/2018 12:30:07 PM PDT · by CondoleezzaProtege · 13 replies
    Washington Times ^ | August 17, 2018 | Martin Arostegui
    A Chinese space force in Argentina, Russian control of Venezuelan gas and South American armies equipped with the latest Chinese and Russian hardware. Until recently, it might have sounded like the plot of a geopolitical thriller in a region once considered America’s backyard. But this is what Defense Secretary James N. Mattis faced on his visit this week to several South American nations, where economic and military posturing by Beijing and Moscow has been on the rise for the past decade. Analysts say Chinese loans in recent years have allowed authoritarian leaders to consolidate power in Venezuela, Bolivia and Nicaragua,...
  • Swamped in Inflation, Venezuela Will Cut Five Zeros from Currency

    08/17/2018 1:56:12 AM PDT · by Ciaphas Cain · 48 replies
    New York Times via WRAL ^ | August 16, 2018 | Nicholas Casey
    MEDELLÍN, Colombia — Faced with nearly incomprehensible inflation — 32,714 percent as of Wednesday — Venezuelan officials thought they had a solution: They changed the color of the bank notes and increased their denomination. Then they said they would lop off three zeros. And when that didn’t seem enough, they announced they would cut off two more. The tactics have left Venezuelans like Yosmar Nowak, the owner of a coffee shop in Caracas, convinced that there is no solution in sight and that the government cannot even bring down the price of a cup of coffee, an eye-watering 2 million...
  • Republicans compare Alexandria Ocasio-Cortez to Venezuelan dictator (DNC's 'Mini-Maduro')

    08/17/2018 12:56:30 AM PDT · by Libloather · 21 replies
    CNN ^ | 8/16/18 | Gregory Krieg
    (CNN) - The Republican National Committee on Thursday took a heavy swipe at Alexandria Ocasio-Cortez -- the 28-year-old Latina who unseated a long-serving Democratic congressman in New York's June primary -- comparing her to Venezuelan strongman Nicolás Maduro. A Bronx native with Puerto Rican roots, Ocasio-Cortez is a democratic socialist and -- as of less than two months ago -- a leading figure on the progressive left, which has notched a handful of high-profile Democratic primary wins in 2018 while advocating for programs like "Medicare-for-all" and tuition-free college. In their email, the RNC calls Ocasio-Cortez the "Mini-Maduro Foreboding The Future...
  • Brazil presidential front-runner vows to close Palestinian embassy

    08/09/2018 6:43:51 AM PDT · by BlueStateRightist · 8 replies
    The Tiimes of Israel ^ | August 9, 2018 | Marcus M. Gilban
    RIO DE JANEIRO, Brazil (JTA) — Brazil’s front-running presidential candidate has announced he will close the Palestinian embassy in Brasilia in addition to moving his country’s embassy from Tel Aviv to Jerusalem. “Is Palestine a country? Palestine is not a country, so there should be no embassy here,” Jair Bolsonaro, a lawmaker from the Social Liberal Party, declared on Tuesday when the National Congress reopened after a three-week recess. “You do not negotiate with terrorists,” he added.
  • A military coup in Venezuela could pave the way to democracy, or to a Russian/Chinese protectorate

    08/16/2018 2:57:23 PM PDT · by CondoleezzaProtege · 32 replies
    Miami Herald ^ | May 2018 | Andres Oppenheimer
    Trump administration officials have made thinly veiled calls for a military coup that would topple the Venezuelan dictatorship and pave the way for democracy. But some well-respected academics are warning that a military coup would more likely produce a Russia or China-backed anti-American dictatorship. Evan Ellis, a Latin America expert with the U.S. Army War College’s Strategic Studies Institute, and Brian Fonseca, a professor at Florida International University who has written extensively about the Venezuelan military, are among those who believe that a military coup in Venezuela would probably lead to a pro-Russian or pro-China regime, rather than to a...
  • Hospitals scrap surgeries, Venezuelans forgo showers as taps run dry

    08/16/2018 10:24:34 AM PDT · by C19fan · 45 replies
    Reuters ^ | August 15, 2018 | Andreina Aponte
    At one of Caracas’ biggest public hospitals, most bathrooms are closed. Patients fill jugs from a tiny tap on the ground floor that sometimes has a trickle of water. Operations are postponed or canceled. The Central Venezuelan University hospital, once a Latin American leader, is reeling as taps run dry.
  • Payment seen unlikely on $1.1 billion in maturing Venezuela bonds

    08/16/2018 5:38:41 AM PDT · by C19fan · 16 replies
    Reuters ^ | August 15, 2018 | Rodrigo Campos, and Brian Ellsworth
    Venezuela faces payments of $1.1 billion in interest and principal on two bonds maturing on Wednesday, but investors expect the cash-strapped nation to continue its pattern of no payments. The government of President Nicolas Maduro has halted almost all foreign debt payments, leaving Venezuela, which has a debt load of around $60 billion in direct and subsidiary foreign bonds, in default.
  • News Summary At This Hour

    08/15/2018 9:18:24 PM PDT · by Nextrush · 6 replies
    Nextrush Free ^ | 8/15/2018 | Nextrush/Self
    With less than two weeks to go before Arizona's primary election Republican candidate US Representative Martha McSally is refusing to debate her rivals in the US Senate Primary set for August 28th. McSally is running against former State Senator Kelli Ward and former Maricopa County Sheriff Joe Arpaio. Arpaio's decision to enter the race this year appears to split the more conservative voters giving McSally a better chance of winning. The missing factor in the race is a clear cut endorsement from President Donald Trump. Trump did tweet praise of Ward within the last year. Italian Prime Minister Giuseppe Conte...
  • UN says an estimated 2.3 million people have fled Venezuela

    08/15/2018 12:10:07 PM PDT · by Navy Patriot · 33 replies
    The Washington Compost ^ | August 14, 2018 | Edith M. Lederer, Associated Presstitute
    An estimated 2.3 million Venezuelans had fled the crisis-wracked country as of June, mainly to Colombia, Ecuador, Peru and Brazil, the United Nations said Tuesday. U.N. spokesman Stephane Dujarric told reporters that those fleeing — about 7 percent of Venezuela’s 32.8 million people — cite lack of food as the main reason for leaving. U.N. humanitarian officials report that 1.3 million of those who fled were “suffering from malnourishment,” he said. Oil-rich Venezuela has been sinking deeper into an economic and political crisis. Hyperinflation and widespread shortages of food and medicine are battering the country, and the International Monetary Fund...
  • News Summary At This Hour

    08/14/2018 8:54:46 PM PDT · by Nextrush · 4 replies
    Nextrush Free ^ | 8/14/2018 | Nextrush/Self
    Rescue efforts continued through the night in Italy where there are 26 dead and 15 seriously injured after the supporting tower of a large highway bridge collapsed during a torrential rain near Genoa. Twelve are said to be missing with reports that cries are coming from the bridge..... British police searched locations in Birmingham and Nottingham after a 29 year old man was arrested for deliberately driving his car into pedestrians near the Houses of Parliament in London.... More on last night's violence in Sweden. The mobs of youths dressed in black who burned cars and stoned police in eight...
  • Are Russia and China Trying to Kill The Dollar?

    08/14/2018 12:46:00 PM PDT · by SaveFerris · 34 replies
    Yahoo / Forbes ^ | August 14, 2018 | Forbes as found at Yahoo
    Russian Foreign Minister Sergei Lavrov suggested Tuesday that countries facing sanctions like Iran, Turkey and Russia may start doing business in their national currencies, suggesting that the days of the U.S. dollar as the international reserve currency may be numbered. Perhaps no one would be happier about that than President Donald Trump. Here’s why: As Yale economist Robert Tiffin explained in the 1950s, if a country’s currency is the international reserve currency, then it has no choice but to run a current account deficit. If a replacement is found, as the dollar replaced the British pound in the 1920s, it...
  • U.S. Judge May Have Just Given Freedom to Venezuela

    08/13/2018 1:36:11 AM PDT · by Enterprise · 26 replies
    https://www.opslens.com ^ | AUGUST 10, 2018 | JOEL FREWA
    Once the inevitable collapse of Citgo happens, the ruling drug cartel in Venezuela will inevitably enter it’s final phase. Today, Venezuela is unable to refine oil into gasoline, so in turn it is purchased from Citgo and all but given away for domestic consumption. This has given rise to a vast network of gasoline smuggling, often by the military itself, which steals the gasoline in transit then sells it in other nations for a huge profit while remaining well under the market price. Gasoline is so cheap in Venezuela, one can purchase around 875,000 gallons of 87 octane for $1....
  • Trump's trade war advantage: The US economy is 'firing on all cylinders,' says expert

    08/12/2018 11:06:29 PM PDT · by 2ndDivisionVet · 28 replies
    CNBC ^ | August 13, 2018 | Weizhen Tan
    • "We have to realize that perhaps China isn't as strong as when we at first think. China is still figuring out also how to deal with this trade situation, how to ensure the stability of its domestic economy," said Curtis Chin, an Asia fellow at the Milken Institute. • Speaking to CNBC's "Squawk Box," Chin also "totally" disagreed with the view that U.S. President Donald Trump's policies are backfiring. China's power may have been overrated and the U.S. economy is staying strong, meaning that U.S. President Donald Trump has an advantage in the trade war, according to one expert....
  • The Democrats Don’t Have a Foreign Policy, They Have A Trump Policy

    05/10/2018 6:30:32 PM PDT · by Louis Foxwell · 22 replies
    FrontPage ^ | 5/10/18 | Greenfield
    The Democrats Don’t Have a Foreign Policy, They Have A Trump Policy Not just treasonous, stupid. May 10, 2018 Daniel Greenfield Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is an investigative journalist and writer focusing on the radical left and Islamic terrorism. Quick, what’s the Dem position on Syria? What about China? Don’t bother. There was once a time when Democrats could discuss Syria, North Korea, the South China Sea, economic tensions in the European Union and the future of Africa. But that was before Trump. Democrats don’t have a foreign policy anymore. They have a Trump...
  • Russia Looks To Get Rid Of USD In Oil Trade – “Too Risky For Trade”

    08/12/2018 7:54:19 AM PDT · by Pavegecko · 21 replies
    Tsarizm.com ^ | 8/12/18 | L Todd Wood
    Russia’s Finance Minister Anton Siluanov declared today that Russia may get rid of the U.S. dollar when trading oil contracts internationally. The official stated this on the program “Sunday Evening with Vladimir Soloviev” on the TV channel “Russia 1”, reported Russian news outlet RIA Novosti. “We have significantly reduced our investments in US assets, in fact, already the dollar, which was considered a world currency, becomes a risky tool for settlements,” he said.