Venezuela Meltdown

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shuize
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Re: Venezuela Meltdown

Post by shuize » Mon Jan 28, 2019 2:11 am

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Ha. Ha. Medal inflation.

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Abdul Alhazred
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Re: Venezuela Meltdown

Post by Abdul Alhazred » Mon Jan 28, 2019 2:22 am

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Anaxagoras
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Re: Venezuela Meltdown

Post by Anaxagoras » Tue Jan 29, 2019 3:28 am

US announces sweeping sanctions against Venezuelan President Nicolas Maduro, state-owned oil company

Dialing up the pressure.

Also, Bolton's notes were visible to reporters.
Words on Bolton's notepad that were visible during the briefing -- "5,000 troops to Colombia" -- were related to the situation in Venezuela, White House officials confirmed to Fox News. One idea being debated may include pre-positioning U.S. forces in Colombia in case they are needed in Venezuela.
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Re: Venezuela Meltdown

Post by sparks » Tue Jan 29, 2019 3:40 am

Yet another first-rate mess. Shit.
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Anaxagoras
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Re: Venezuela Meltdown

Post by Anaxagoras » Tue Jan 29, 2019 3:54 am

Apparently Maduro is turning to "Russian military contractors" for protection.

https://www.foxnews.com/world/how-deep- ... s-military
“There are huge, huge consequences when it comes to what happens with the armed forces, and it’s a matter of getting to small Maduro ring which is essentially just nine generals,” explained exiled former Venezuelan National Assembly leader, Julio Borges, who was departing Bogota, Colombia to meet with Washington officials on Monday. “The plan needs to be to put a lot – a lot – of pressure on these most influential nine generals to break the loyalty to Maduro. That loyalty is fragile, so we can see a change (of power) happening in the near future.”

Another former Venezuelan intelligence official closely monitoring the situation told Fox News there have been small signs of change, such as a number of registered police and low-ranking military officers who have abandoned their posts, or refused to undertake “repressive actions” against protesters. Some officers and soldiers have even joined the protests themselves.

“Maduro is aware this is happening; and has brought in more Russian military contractors to protect Maduro,” the source said, estimating that roughly 400 Russians had been brought in over the past week.

Noris Argotte, a Caracas-based journalist, told Fox News on Monday of a “rising level of lower-ranked officials deserting and fleeing the country to either Brazil and Colombia.” But he said it was still “unrealistic” to assume the military will immediately abandon Maduro.

“Rather, it will be a very step-by-step process and it will depend on the higher ranks of officials and their willingness to accept a transition,” she said.
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Witness
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Re: Venezuela Meltdown

Post by Witness » Tue Jan 29, 2019 3:55 am

Bloomberg's Café con leche index (price of a cup of coffee with milk):

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https://www.bloomberg.com/features/2016 ... minal=true


From Le Monde (https://www.lemonde.fr/les-decodeurs/ar ... 55770.html):

Oil production (million barrels):

Image

Venezuelan refugees:

Image


And this:
Venezuela devalues currency to align it with black market

CARACAS: Venezuela devalued its currency by almost 35 per cent on Monday (Jan 28) to bring it into line with the exchange rate of the dollar on the black market.

The exchange rate is now fixed at 3,200 bolivars to the dollar, almost matching the 3,118.62 offered on the dolartoday.com site that acts as the reference for the black market.

Exchanges will now be provided by a technological platform operated by a private firm called Interbanex, which said it would operate a "supply and demand" exchange.

The announcement represents a huge about-turn by the socialist regime of Nicolas Maduro, which has imposed strict currency controls since 2003, all the while monopolising foreign reserves.

That forced individuals and businesses to turn to the black market to get dollars - a necessity in a country wracked by an economic crisis marked by hyperinflation and shortages of basic necessities.
https://www.channelnewsasia.com/news/bu ... t-11177420

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Skeeve
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Re: Venezuela Meltdown

Post by Skeeve » Tue Jan 29, 2019 10:29 am

...
Plenty of Ocasio-Cortez’s colleagues in Washington, including at least one fellow Latina Democrat freshman House member, have spoken out on Venezuela and condemned the Maduro regime. Yet, a cursory search of Ocasio-Cortez’s Twitter history shows that the representative from New York’s 14th congressional district has never even mentioned the word "Venezuela."

Interestingly, Ocasio-Cortez’s sole reaction to yesterday’s dramatic developments — where the United States, Canada, France, and at least 11 Latin American countries recognized National Assembly leader Juan Guaido as the country’s interim president — has been to retweet progressive Rep. Ro Khanna’s (CA-17) pushback against a statement by a fellow Democrat, Senator Dick Durbin, in support of a transition to democracy in the country.

Make no mistake, Ocasio-Cortez’s silence on Venezuela, and apparent opposition to the United States recognizing Guaido’s constitutional interim presidency, is not due to a lack interest in the topic. It’s indicative of her extreme ideology and political commitments that the media have regularly failed to scrutinize, or worse, have even sought to normalize.
Interesting that our most (in)fameous "socialist" has nothing to say either way about Venezuela.....
Link: https://www.dailywire.com/news/42748/so ... carlo-sopo

Perhaps their socialism is not the same a her communism ahrm I ment her socialism...
Then Skank Of America could start in...

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WildCat
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Re: Venezuela Meltdown

Post by WildCat » Tue Jan 29, 2019 2:47 pm

Skeeve wrote:
Tue Jan 29, 2019 10:29 am
Interesting that our most (in)fameous "socialist" has nothing to say either way about Venezuela.....
Perhaps her Party can speak for her:
Solidarity with the people of Venezuela! Solidarity with the Bolivarian Revolution!
https://www.dsausa.org/statements/dsa-s ... venezuela/
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Anaxagoras
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Re: Venezuela Meltdown

Post by Anaxagoras » Tue Jan 29, 2019 3:03 pm

Useful idiots.
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shuize
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Re: Venezuela Meltdown

Post by shuize » Tue Jan 29, 2019 10:12 pm

WildCat wrote:
Tue Jan 29, 2019 2:47 pm
Perhaps her Party can speak for her:
Solidarity with the people of Venezuela! Solidarity with the Bolivarian Revolution!
https://www.dsausa.org/statements/dsa-s ... venezuela/
I liked how they pinned the problems in the Venezuelan oil sector (and thus all of Venezuela's economy) on lack of access to U.S. credit.

Apparently their socialist "Revolución" still needs capitalist financing.

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Abdul Alhazred
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Re: Venezuela Meltdown

Post by Abdul Alhazred » Wed Jan 30, 2019 12:02 am

Or that the US is the only source of credit in the world. :roll:
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Witness
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Re: Venezuela Meltdown

Post by Witness » Mon Feb 04, 2019 1:51 am

UAE's Noor Capital says it bought 3 tonnes of gold from Venezuela

CARACAS (Reuters) - Abu Dhabi investment firm Noor Capital said on Friday that it bought 3 tonnes of gold on Jan. 21 from Venezuela’s central bank, at a time when President Nicolas Maduro is seeking to keep his crisis-stricken government solvent.

Noor Capital said in a statement it would refrain from further transactions until Venezuela’s situation stabilizes and its purchase was in accordance with “international standards and laws in place” as of Jan. 21.

Reuters reported on Thursday that Venezuela had shipped 3 tonnes of gold to the United Arab Emirates on Jan. 26 and would sell 15 tonnes more to the country in the coming days.

Venezuela’s plan was to sell 29 tonnes of gold held in Caracas to the UAE by February in order to provide liquidity for imports of basic goods, a senior official said.

Two high-level Venezuelan central bank officials were made to resign on Thursday and Friday because they did not want to authorize the sale of gold, three sources familiar with the situation said, declining to be named because the situation was sensitive.
https://www.reuters.com/article/us-vene ... reddit.com

Maduro cashing in before disappearing?

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Skeeve
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Re: Venezuela Meltdown

Post by Skeeve » Mon Feb 04, 2019 4:25 am

US National Security Adviser Bolton calls for coup in Venezuela
U.S. National Security Adviser John Bolton on Saturday called for Venezuela's military to carry out a coup d'état against President Nicolas Maduro.
Well, I guess Juan and his cronies have not quite done the trick.
"To the Venezuelan military high command, now is the time to stand on the side of the Venezuelan people. It is your right and responsibility to defend the constitution and democracy for Venezuela!" National Security Advisor John Bolton said in a tweet.

The U.S. recognized opposition leader Juan Guaido as Venezuela's interim president 10 days ago while four major European nations -- Britain, France, Germany and Spain -- have said they will do likewise unless Maduro calls presidential elections by midnight on Sunday.
Oh, I thought they already did that...
The U.S. made similar calls previously to Venezuelan military to "intervene" on behalf of Guadio.
I suspect this call will be as effective as they were...

Again I have to ask, if Maduro is such a dictator, how is this guy Juan still alive?
Then Skank Of America could start in...

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Anaxagoras
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Re: Venezuela Meltdown

Post by Anaxagoras » Mon Feb 04, 2019 4:52 am

Skeeve wrote:
Mon Feb 04, 2019 4:25 am
Again I have to ask, if Maduro is such a dictator, how is this guy Juan still alive?
Could be because the US said don't you dare fucking touch him.


The generals are mostly corrupt, which is probably why they want to stay loyal to Maduro as long as it looks like he might hold on to power. One or two have peeled off. We'll see how it goes. But the pressure is on now. New sanctions are in effect. We would prefer a coup rather than having to have outside forces intevene, so I think they'll give the sanctions time to work.
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Skeeve
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Re: Venezuela Meltdown

Post by Skeeve » Mon Feb 04, 2019 10:08 am

Anaxagoras wrote:
Mon Feb 04, 2019 4:52 am
Skeeve wrote:
Mon Feb 04, 2019 4:25 am
Again I have to ask, if Maduro is such a dictator, how is this guy Juan still alive?
Could be because the US said don't you dare fucking touch him.


The generals are mostly corrupt, which is probably why they want to stay loyal to Maduro as long as it looks like he might hold on to power. One or two have peeled off. We'll see how it goes. But the pressure is on now. New sanctions are in effect. We would prefer a coup rather than having to have outside forces intevene, so I think they'll give the sanctions time to work.
I hope your right.

It seems as if we are experience the beginings of 'sabre rattling' here.
I am really sick of the US being called upon (by us) to be the worlds policeman police-person...

Socialism sure seems to be a dead end (when you run out of other peoples stuff).

We have sure tried to hasten this death (via sanctions, selling our crude oil - at a loss I suspect, etc etc etc) I would hate to see us putting troops on the ground.

I suspect Russia and China wouldn't like it much either.

Venezuela’s Guaido Wants China to See Maduro Is Bad for Business
The young politician spearheading efforts to remove Venezuela’s authoritarian leader called for a "transparent relationship" with China, a key investor in the country, saying any agreements made with the regime of Nicolas Maduro would be honored as long as they were lawfully done.
...
“I will be very clear: all agreements that have been signed following the law will be respected,” Guaido said in a written interview. “If previous agreements were signed by adhering to the due process of approval by the National Assembly, they will be accepted and honored.
Makes me wonder, how many of the 'agreements' over the years have gone through this beuracracy?

If not, why should China (who has invested billions in Vemezuela) trust this guy who appointed himself President?
...
The stance of China and Russia is crucial to Maduro’s ability to hold onto power. The countries have filled the investment and security vacuum caused by Washington’s decades-long estrangement from Caracas. But the resurgent U.S. interest makes things more complicated.
Duh!
Russia has strongly supported Maduro while China has been more equivocal, mostly falling back on citing a longstanding policy of noninterference in other states’ affairs.

Asked three times last week if China still saw Maduro as Venezuela’s president, foreign ministry spokesman Geng Shuang simply noted that a special envoy of President Xi Jinping attended his inauguration in January.
And so it goes.

This has the possibility of becoming a real mess....so,
I hope you are right.
Then Skank Of America could start in...

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Anaxagoras
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Re: Venezuela Meltdown

Post by Anaxagoras » Mon Feb 04, 2019 10:21 am

I would argue that it already is a real mess and has been for some time. Literally millions of people have fled the country, and clearly this affects Venezuela's neighbors. The effect on the US is probably less, but it will have some sort of effect.
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Re: Venezuela Meltdown

Post by Doctor X » Mon Feb 04, 2019 10:42 am

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Re: Venezuela Meltdown

Post by ed » Mon Feb 04, 2019 12:19 pm

Doctor X wrote:
Mon Feb 04, 2019 10:42 am
Image

If we want to keep the bears and wolves dragons out of our backyard, we must keep our backyard clean.

--J.D.
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Re: Venezuela Meltdown

Post by Rob Lister » Mon Feb 04, 2019 12:28 pm

Doctor X wrote:
Mon Feb 04, 2019 10:42 am
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Yes. In the garden, growth has its seasons. First comes spring and summer, but then we have fall and winter. And then we get spring and summer again.

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Re: Venezuela Meltdown

Post by shuize » Mon Feb 04, 2019 12:37 pm

Doctor X wrote:
Mon Feb 04, 2019 10:42 am
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"I like to watch."