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+27 +1
“They be pirates”: An old scourge is reappearing in the Caribbean
Boarded ships, terrorized fishermen and lawless coastlines. It’s a 21st-century version of an old menace.
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+18 +1
How far can Venezuela go in raising price of world's cheapest gas?
In Venezuela's inflation-hit economy, a single US dollar can buy 3.5 million liters of gasoline -- an absurdity that the government says it will tackle with a hike in the cost of state-subsidized fuel. But just how far can President Nicolas Maduro go without getting his fingers burned?
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+15 +1
Venezuela's last independent newspaper struggles to continue publishing
Venezuelan President Nicolas Maduro's government regularly singles out El Nacional's coverage for public criticism. A fine imposed in one government official's defamation lawsuit could lead to the closure of the resource-strapped paper.
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+3 +1
Caracas Chronicles: Culture and Art Resist the Dictatorship
Art is all about freedom. Culture and the pursuit of knowledge are dangerous for chavismo. That’s why tyrants try so hard to subdue, suppress and annihilate both. How do artists and scholars manage in Venezuela nowadays? By Mile Castro. (July 2, 2018)
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+27 +1
Venezuela's Inflation to Reach 1 Million Percent, IMF Forecasts
Venezuela’s inflation will skyrocket to 1 million percent by the end of the year as the government continues to print money to cover a growing budget hole, the International Monetary Fund predicted on Monday.
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+3 +1
UN: Basic human rights being 'chiseled away' in Venezuela
Government security forces in Venezuela carry out unjustified killings without any apparent consequences as the rule of law in the country quickly vanishes, a United Nations report charged Friday, drawing a rejection from Caracas. The Office of the U.N. High Commissioner for Human Rights said Venezuelan officers accused in some 500 questionable killings appear to be evading any charges. That is a sign that checks and balances have been chiseled away...
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+7 +1
17 Dead After Brawl Sparks Stampede at Graduation Party in Venezuela
Seventeen people were killed at a crowded nightclub in Venezuela’s capital Saturday after a tear gas device exploded during a brawl and triggered a desperate stampede among hundreds gathered for a graduation celebration, government officials said. Interior Minister Nestor Reverol said the incident at the “Los Cotorros” club in the middle-class neighborhood of El Paraiso left eight minors dead and five injured. Eight people were detained, including two teens believed responsible for setting off the tear gas canister.
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+3 +1
Venezuela freed US 'hostage', says Trump
US President Donald Trump says Venezuela has freed an American being held "hostage" and he should arrive back in Washington on Saturday evening. "Looking forward to seeing Joshua Holt this evening in the White House," he tweeted. Mr Holt's Venezuelan partner Thamy is also said to have been freed. US Senator Bob Corker met President Nicolás Maduro in Caracas on Friday. Mr Maduro was re-elected to a six-year term last week but Washington has not recognised the outcome.
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+23 +1
Many Venezuelan Workers Are Leaving The Job, And The Country
Caracas resident Barbara Rojas used to have a coveted position at Venezuela's state-run oil company, the kind of job that not so long ago people would hang on to until retirement due to the generous pay and benefits. But in February, Rojas quit her job as an office administrator. She was disgusted that hyperinflation and the collapse of Venezuela's currency had rendered her wages nearly worthless. Rojas points out that nearly half of the 149 people in her office have walked off the job.
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+12 +1
‘World of Warcraft’ Currency Is Now Worth 7 Times as Much as Venezuela’s Cash
Venezuela’s real world currency--the bolivar--long ago fell below the value of the fake gold in Azeroth, the mythical setting of World of Warcraft (WoW). What’s remarkable is how much more valuable that virtual currency has become. To put things in perspective, last August, WoW‘s virtual gold was worth just under twice as much as the bolivar. Today, it’s worth nearly seven times as much--and possibly a lot more than that if you consider the black market value.
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+29 +1
In Venezuela, inflation quadruples to 18,000 percent in two months, with no end in sight
Venezuela's inflation rate, already by far the world's highest, spiked from 4,966 percent to nearly 18,000 percent in just March and April — a trend that, if it continues, could push the country's annual rate to more than 100,000 percent by year's end, economists say. The 17,968 percent rate registered at the end of April already surpassed the 13,864 percent rate predicted by the International Monetary Fund for all of 2018.
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+1 +1
Venezuela Offers India Crude Oil On 30% Discount, Only If It Agrees To Pay In Cryptocurrency
Venezuela has offered India a 30 percent discount on crude oil purchase provided India uses the country’s blockchain technology-based currency petro. According to the story by Business Standard, the South American country has offered in India this.
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+33 +1
Venezuela's Empty Shelves | Pictures
A woman looks for groceries and goods in a supermarket in Caracas.
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+19 +1
Venezuelans rush to Colombian border
Thousands of Venezuelans have rushed to border crossings with Colombia after Colombian President Juan Manuel Santos announced a tightening of controls. Only those who have registered for a special border card or can produce a passport will be able to cross. They fear it will become more difficult for them to enter Colombia once the measures are fully implemented.
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+37 +1
Mad Max Violence Stalks Venezuela's Lawless Roads
It's midnight on one of the most dangerous roads in Latin America and Venezuelan trucker Humberto Aguilar hurtles through the darkness with 20 tons of vegetables freshly harvested from the Andes for sale in the capital Caracas.
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+12 +1
Venezuela says five 'terrorists' arrested, others killed after shootout
Venezuelan authorities on Monday arrested five members of a "terrorist cell" linked to self-proclaimed rogue Venezuelan helicopter pilot Oscar Perez, and killed several other militants during a shootout in a poor area outside Caracas.
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+13 +1
Venezuelan criminals have begun using food to recruit children into gangs
Venezuelan gangs are no longer recruiting youths in some poor areas by offering them easy money to buy clothes or the latest cell phones. Instead, they are offering food baskets. And on the streets, walking around with a bag of groceries can attract more thieves than a full wallet.
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+14 +1
Venezuela raises minimum wage 40 percent, stoking world's fastest infl
Venezuelan President Nicolas Maduro announced a 40 percent increase to the minimum wage as of January, a move that will foment what many economists already consider hyperinflation in the oil-rich but crisis-stricken nation.
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+9 +1
Colombia ships 55 tons of ham to Venezuela amid shortage of holiday staple
Colombia has shipped around 50 tonnes (55 tons) of ham to Venezuela after protests broke out over shortages of the traditional holiday staple, an official said Saturday. The first two trucks of ham arrived in Venezuela on Friday night, a source from Colombia’s national tax and customs office told AFP.
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+13 +1
Venezuela expels top Brazil and Canada diplomats
Venezuela has expelled the Brazilian ambassador to Caracas, Ruy Pereira, and Canadian charge d'affaires Craib Kowalik. The move was announced by the head of Venezuela's powerful Constituent Assembly, Delcy Rodriguez. Ms Rodriguez accused Brazil of violating the rule of law and Canada of interfering in Venezuela's internal affairs.
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