The Trump administration has reportedly renewed its campaign to oust Venezuelan President Nicolas Maduro, Bloomberg reported. The news agency said the White House would allegedly drive out the protégé of late president Hugo Chavez through a power-sharing system, meaning they will try to persuade members of Maduro's administration to temporarily share power with the opposition led by Juan Guaido. … [Read more...] about Trump Administration Renews Campaign to Oust Venezuelan President Nicolas Maduro – Report
While Maduro vowed to increase production to two million barrels a day two years ago, the goal remains far from reach as the country’s economy enters its seventh year of economic decline, plagued by the failure of public utilities and widespread shortages outside the capital. Production fell to 733,000 barrels a day in January, a 36% drop from a year earlier, according to OPEC secondary sources. … [Read more...] about Maduro shakes up PDVSA as Venezuela faces oil emergency
“I declare an emergency situation in the oil industry by constitutional and presidential decree in order to take urgent and necessary measures to ensure the country's energy security and protect the industry from imperialist aggression”, Maduro said at a meeting with oil industry workers as broadcast in his Twitter account. "Clause 2 creates a plenipotentiary presidential commission for the protection, restructuring and reorganization of the national oil industry", he stated, adding that the commission would have all required powers to reconfigure the entire oil industry. #ANUNCIO 📹 | Jefe de Estado @NicolasMaduro crea la Comisión Presidencial para la defensa, restructuración y reorganización de la industria petrolera nacional “Alí Rodriguez Araque”, la cual tendrá todo el poder para iniciar el proceso de transformaciones de toda la industria pic.twitter.com/E9dPqmCufV … [Read more...] about Maduro Signs Decree on Large-Scale Reform in Venezuela’s Oil Industry
The US government has imposed sanctions against Venezuela and its officials in recent years in hitherto fruitless attempts to force its duly elected President Nicolas Maduro to resign. Washington has limited Caracas' ability to sell crude, one of its most crucial export goods, as the country is struggling to overcome an economic crisis and rampant inflation. The US government has also frozen the US-based assets of the state oil company PDVSA. … [Read more...] about Maduro Says Venezuela’s PDVSA Investment Portfolio Exceeds $25 Billion
The United States on Tuesday redoubled efforts to oust Venezuelan President Nicolas Maduro by barring U.S. dealings with Rosneft Trading S.A., a subsidiary of Russia's state oil major Rosneft , which Washington said provides him a financial lifeline. Russia has called the sanctions illegal and said it plans to consider options in reaction. … [Read more...] about US sanctions on Rosneft Trading seen shifting crude flows
As May pointed out, from the moment Hugo Chavez won the presidency in 1999, he began a reign of corruption. He put in place socialist laws that destroyed jobs and businesses. He embarked on a collaboration with communists in Cuba, Nicaragua, and Russia. And Chavez empowered a network of local militias – maintained by corruption and theft – who were prepared to harass and attack middle-class defenders of democracy. … [Read more...] about Newt Gingrich: Trump joins Venezuela’s Juan Guaidó to battle the anti-America coalition
That same judge denied withholding for Branyerly, who was 17 when she originally arrived at the borderand is now 18. Both she and her fathersay the immigration judge, Monica Thompson Guidry, asked him most questions during the hearing and asked her relatively few. The final result came as a shock to both of them. … [Read more...] about US border clampdown forces Venezuelan teen into Mexico alone
But even as people starve, breaking into zoos and slaughtering horses for their meat, socialist champions in the West remain silent, refusing to comment on the tragic plight of Venezuela’s poor. From the U.K.’s Jeremy Corbyn to Bernie Sanders, old socialist white men who have praised the impish architect of Venezuelan socialism, Hugo Chavez, cower behind abstract rhetoric about “income inequality” without accounting for the human cost of forceful government redistribution schemes. … [Read more...] about Venezuela’s Poor, The 99%, Start Rebellion Against Socialist Regime, Where Is Bernie Sanders?