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Old 05-08-2016   #61
Firn
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Indeed the man who largely created this mess died before the economy went from a disaster to an utter catastrophe:

Venezuela Doesn't Have Enough Money to Pay for Its Money

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In a tale that highlights the chaos of unbridled inflation, Venezuela is scrambling to print new bills fast enough to keep up with the torrid pace of price increases. Most of the cash, like nearly everything else in the oil-exporting country, is imported. And with hard currency reserves sinking to critically low levels, the central bank is doling out payments so slowly to foreign providers that they are foregoing further business.

Venezuela, in other words, is now so broke that it may not have enough money to pay for its money.
It is certainly an excellent case in point that elections do matter sometimes a very great deal and an economy in tatters can still fall to formerly unthinkable lows.
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Old 09-01-2016   #62
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Ultra-violent gangs thrive in chaotic Venezuela despite crackdown

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The operations also encourage gang leaders to unite and seek more powerful weapons, said Keymer Avila, part of a group of Venezuelan and foreign academics researching crime in the country.

At his safe house, Anderson confirmed that.

"It's better to work together than be enemies. It's better to make war with the police than with each other."
Quote:
The click-clack of guns being cocked echoes in the cement safe house where seven kidnappers keep watch over a western Caracas slum, their 33-year-old gang leader boasting of grenade attacks on police and growing wealth and power.

Venezuela's socialist economy is suffering triple-digit inflation, severe shortages and a third year of recession, but gangs like this have found strength and profit in the chaos.

They are teaming up with former rivals and buying heavier weapons to control ever-larger territory in the capital and beyond, the criminals, the government and criminologists say.
http://www.reuters.com/article/us-ve...-idUSKCN1162AJ
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Old 04-19-2017   #63
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Quote:
Embattled Venezuelan President Nicolas Maduro announced plans Monday to expand the number of civilians involved in armed militias as tensions in the crisis-wracked South American nation continued to rise.
Maduro said he hopes to expand the number of civilians involved in the Bolivarian militias created by the late Hugo Chavez to 500,000, up from the current 100,000, and provide each member with a gun.
Speaking to thousands of militia members dressed in beige uniforms gathered in front of the presidential palace to mark the force's seventh anniversary, Maduro said it is time for Venezuelans to decide if they are "with the homeland" or against it.
http://abcnews.go.com/International/...itias-46850100


Quote:
CARACAS -- Venezuelan President Nicolas Maduro announced that he was increasing the nation's militia paramilitary force to half-a-million and instructed members to seize power in the oil-rich nation in case he is unseated.

"If the right wing attempts a coup d'etat, go out and seize power," the embattled President said Monday. "I have approved the plan for Defense Minister Padrino Lopez to expand our militia to 500,000 men and equip each of them, including a rifle."
http://www.laht.com/article.asp?Arti...tegoryId=10717
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Old 04-20-2017   #64
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Quote:
CARACAS (Reuters) - General Motors said on Wednesday that Venezuelan authorities had illegally seized its plant in the industrial hub of Valencia and vowed to "take all legal actions" to defend its rights.
The seizure comes amid a deepening economic crisis in leftist-led Venezuela that has already roiled many U.S. companies.
"Yesterday, GMV's (General Motors Venezolana) plant was unexpectedly taken by the public authorities, preventing normal operations. In addition, other assets of the company, such as vehicles, have been illegally taken from its facilities," the company said in a statement.
It said the seizure would cause irreparable damage to the company, its 2,678 workers, its 79 dealers and to its suppliers.
http://finance.yahoo.com/news/genera...--finance.html
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Old 04-25-2017   #65
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Default How Venezuela’s revolutionary dream descended into chaos

A concise explanation how Venezuela ended up as it does today, via the UK academic website 'The Conversation':https://theconversation.com/how-vene...o-chaos-75685?
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Old 05-09-2017   #66
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Puputov: Generally made in glass containers containing feces and urine inside and sealed with lid and tape.

I really don't think this requires a translation to English, now does it?

La razn por la que #Puputov se posicion como primera etiqueta en Twitter
Los ciudadanos lanzaron heces fecales en contra de los uniformados para defenderse de la represin policial y militar
http://www.el-nacional.com/noticias/...twitter_181248
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Old 05-10-2017   #67
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#Venezuela is on the brink of #CivilWar. Riots leave 37 dead, 700 wounded, 1800 imprisoned...
https://twitter.com/NIRPUmbrella/sta...98223770599425
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Old 07-25-2017   #68
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COULD VENEZUELA BE THE NEXT SYRIA?
Max Brooks | July 25, 2017
https://mwi.usma.edu/venezuela-next-syria/
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Old 08-06-2017   #69
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Quote:
VALENCIA/CARACAS, Venezuela, Aug 6 (Reuters) - Venezuelan authorities suppressed a small rebellion at a military base near the city of Valencia on Sunday, arresting seven men who they say participated in a "terrorist attack" against the government of unpopular leftist President Nicolas Maduro.
Earlier on Sunday a video circulated on social media showing a group of men in military uniform announcing an uprising in the wake of the creation of a pro-government legislative superbody on Friday, which was widely condemned as a power grab.
Hundreds took to the streets in Valencia to support the uprising, said resident Carolina Herrera, who like other witnesses reported shots through the night.
But hooded protesters had been largely dispelled with tear gas by midday on Sunday, and the rest of the South American country of 30 million appeared to be calm.
http://news.trust.org/item/20170806130145-6xfon
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Old 08-08-2017   #70
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Ah, the joys of a disarmed society.

Quote:
Caracas (AFP) - Venezuela's military was on Monday hunting an ex-officer and a lieutenant who led uniformed rebels on a weekend raid to grab weapons from an army base, fueling fears the country's worsening crisis could tip into armed conflict.
The defense minister and head of the armed forces, General Vladimir Padrino, said the ex-National Guard captain, Juan Carlos Caguaripano, and the lieutenant, Jefferson Gabriel Garcia, were behind Sunday's attack on the base in the northwestern city of Valencia by 20 men in uniform.
They are "enemies of the nation," Padrino said.
https://www.yahoo.com/news/terrorist...132429761.html
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Old 09-08-2017   #71
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Admiral Stavridis was the 16th Supreme Allied Commander at NATO and is Dean of the Fletcher School of Law and Diplomacy at Tufts University

It's Time to Plan for Civil War In Venezuela
James Stavridis
Sep 07, 2017
Quote:
An enormous crisis is brewing just a few hundred miles south of Miami: Venezuela, a nation of more than 30 million people, with the largest oil reserves in the world, is on the brink of collapse and civil war. The implications for the Americas are profound and dangerous. What should the U.S. be doing while Caracas sinks into anarchy?
http://time.com/4931053/its-time-to-...-in-venezuela/
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Old 09-16-2017   #72
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While Bitcoin, cryptocurrencies, and blockchain technology that underpins it all is on a speculative roller coaster ride.......Bitcoin mining is playing a role in survival within Venezuela:

https://www.theatlantic.com/magazine...ezuela/534177/

I suspect cryptocurrencies and the underlying blockchain will be playing an increasingly important role from current obscurity to future center stage potentially used by all sides as a means of exchange, store of value, theft for revenue, as well as the otherwise of the proverbial coin for stability ops.

Right now it seems to a means of survival for some digitally savvy folks trying to survive and the police hunting them to confiscate their bit mining systems for the same reasons.
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