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‘Brutal aggression’: Venezuela halts talks with opposition after envoy extradited to US
Alex Saab, an ally of president Nicolás Maduro, was extradited to face money laundering charges after a 16-month legal battle
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Venezuela introduces new currency, drops six zeros
Venezuela has for years seen some of the world’s worst inflation, complicating cash transactions amid economic crisis.
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Venezuela coast could take half a century to recover from oil spill, researcher says
A strip of Venezuela's western coastline boasting pristine beaches and fragile ecosystems like mangroves and coral reefs could take more than half a century to fully recover from the environmental impacts of a recent oil spill, a researcher said on Wednesday.
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How RuneScape is helping Venezuelans survive
Venezuela used to be one of the richest countries in South America, but it has spent the last 10 years engulfed in a political and economic crisis. What started as the gradual crumbling of the country’s economy in 2010 snowballed into a devastating avalanche of crime, corruption, and mass starvation, leaving millions of people in the country unable to feed themselves or access basic medical supplies. Ninety percent of Venezuelans are now living in poverty, and one of the most extreme and sustained periods of hyperinflation ever recorded means that people working minimum wage jobs are earning the equivalent of $5 a month.
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Is Venezuela’s gold a liability for Switzerland?
Venezuela is illegally mining and trading in gold, and Switzerland could be one of its clients, according to Swiss media reports.
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Venezuela's only telecoms satellite is lost in space
BOGOTA, Colombia (AP) — Venezuela's only telecommunications satellite has veered off its orbit and stopped working, creating a logistical headache for the cash-strapped South American nation.
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Venezuela reportedly has less than $1 billion in cash, which is less than rapper Jay-Z's net worth
The South American country has been cash-strapped since facing global sanctions.
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The horrific reality of a psychiatric hospital in Venezuela
It's one of the most devastating aspects of Venezuela's political and economic turmoil: the collapse of the public health system. Venezuela suffers from a severe shortage of medication, while many do…
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Venezuela's poorest struggle to take care of their dead
The last time anybody in Nerio García’s family heard his voice was on a crackly call from jail outside Maracaibo, Venezuela’s second city. He called from a borrowed...
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'World of Warcraft's' virtual gold is seven times more valuable than Venezuela's real money
How worthless is the bolivar, Venezuela's currency? You'd be better off investing in fictional currency from a video game. The virtual gold in "World of Warcraft," the online role-playing game, is now almost seven times more valuable than real cash from Venezuela, whose economy is in shambles. As the South American country suffers an economic crisis due to extreme inflation, the value of bolivar has cratered.
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Venezuela's army death squads kill thousands
A UN report has detailed the extrajudicial executions of thousands of young men by special forces. The report says that the death squads are carrying out President Maduro's strategy for neutralizing political opponents.
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What Happened to Venezuela Isn’t So Simple
It’s not a proving ground for Capitalism vs. Socialism. It’s a story of corruption. By Mike Centeno. (Nov. 21, 2018)
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Moon of Alabama: Random Guyaidó's New Coup Attempt Turns Out to Be A Dangerous Joke
It seems that the whole event is over.
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Venezuela's opposition leader calls for military uprising to oust president
Venezuelan opposition leader Juan Guaido has taken to the streets with detained activist Leopoldo Lopez and a small contingent of heavily armed soldiers in a military uprising but the country's president was defiant, saying top military leaders have assured him of their loyalty.
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In Venezuela, White Supremacy Is a Key Driver of the Coup
The so-called uprising is, in part, a furious backlash against sharing power with mixed-race Venezuelans like Maduro. By Greg Palast. (Feb. 7, 2019)
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American Airlines suspends flights to Venezuela over safety concerns
American was the last major U.S. carrier to fly to the troubled country.
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Internet Collapses in Venezuela with 80% Offline; Twitter, YouTube, SoundCloud Blocked
In the midst of a second nationwide power outage in Venezuela, the vast majority of the country is engulfed in a massive internet outage. The first electrical blackout, which swept across the nation on Thursday, left Venezuela with only two percent connectivity amid the ongoing presidential crisis. Most of the country has been offline since Thursday with limited or no connectivity being reported across large swaths of the South American nation. The NetBlocks Group, a private internet watchdog organization based in the UK, reported on Saturday that 96 percent of the country was offline:
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Trump Administration Will Seek U.N. Vote to Allow Aid Into Venezuela
U.S. envoy Elliott Abrams said Tuesday the Trump administration will seek a U.N. Security Council vote this week on a resolution calling for Venezuela's government to let in humanitarian aid and to hold free elections, and then sparred with Russia over possible U.S. military intervention in the politically divided country.
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Can Bitcoin Save Venezuelans?
“Borderless money” is more than a buzzword when you live in a collapsing economy and a collapsing dictatorship. On Tuesday, I went shopping for milk. With the chronic food shortages in Venezuela, that errand already is very complicated, but there’s an extra layer of difficulty for me: I don’t own bolívars, Venezuela’s official currency. I keep all of my money in Bitcoin. Keeping it in bolívars would be financial suicide: The last time I checked, the rate of daily inflation was around 3.5 percent. That’s daily inflation; the annual inflation rate for 2018 was almost 1.7 million percent.
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Opinion: Foreign Forces Did Not Start Venezuela's Transition. Venezuela Did
Venezuela's government and opposition triggered the political standoff that is drawing an international response. Latin America expert Javier Corrales explains how.
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