Venezuelan Remittances Don’t Just Save Lives
On Venezuela
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5y ago
Venezuela’s regime has learned this lesson and already found ways to tap into remittances. With most of the money going to food, medicine, and basic necessities, it lessens the pressure on the regime to provide for its citizens, where even $20 a month can keep a family going. Some of the money coming in ends up directly in the regime’s pockets.  Customs duties, taxes on cryptocurrency and other financial transfers, an unfavorable official exchange rate, and outright bribes all take a cut of family support. One anecdote: A Venezuelan friend sends home Amazon care packages via a woman in Tampa ..read more
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US asks United Nations Security Council to meet on Venezuela aid
On Venezuela
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5y ago
The United States on Thursday requested that the UN Security Council hold a meeting next week to discuss the worsening humanitarian crisis in Venezuela, diplomats said. The meeting, expected to be held on Wednesday, comes amid growing alarm over the impact of the economic and political crises in Venezuela on families and children. An internal UN report seen by AFP last week said seven million people -- about 24 percent of Venezuela's population -- are in need of humanitarian aid, lacking access to food and medical care. Some 3.7 million people suffer from undernourishment -- three times the ra ..read more
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US renews call on Russian personnel to leave Venezuela
On Venezuela
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5y ago
The Trump administration is renewing calls for Moscow to withdraw its military personnel from Venezuela, where they are helping prop up embattled President Nicolas Maduro. Secretary of State Mike Pompeo told “Fox & Friends” on Friday that he’s seen no signs the Russian personnel were leaving and that Moscow’s involvement might “get worse before it gets better.” The U.S. and several dozen other nations have recognized Venezuela’s opposition leader as interim president, while Russia and China have staunchly backed Maduro. More ..read more
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Venezuela's oil production drops by half during blackouts
On Venezuela
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5y ago
Rolling blackouts across much of the country that started on March 7 paralyzed most of the country’s oil wells and rigs, which have slowly come back online. Oil output averaged less than 600,000 bpd during the blackouts, the people said, who asked not to be identified because the information isn’t public. For the full month, daily production was 890,000 bbl, according to a Bloomberg survey of officials, analysts and ship-tracking data. The loss of production due to the blackouts deals another blow to Venezuela’s already-crippled oil industry, already reeling from years of mismanagement and U.S ..read more
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Some US Venezuelans flock to GOP amid anger at Dems for lack of action against Maduro
On Venezuela
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5y ago
For the first time in 60 years, South Florida’s political magnifying glass is on a country other than Cuba. The unfolding humanitarian crisis in Venezuela has pulled it to the forefront of the political conversation not just in the Sunshine State, but across the country. As the country’s problems worsen, Democratic Venezuelan-Americans question whether their party’s actions go far enough. A growing number of exiles say they feel forgotten by a new generation of outspoken, progressive Democrats, leaving them less beholden to a party they had long supported. Issues that for years were hotl ..read more
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The Rise And Fall of Venezuela’s Hydro System
On Venezuela
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5y ago
Venezuela stumbles in the dark. The collapse of the National Electric System (SEN) is an unprecedented step backwards for the country and, along with a stagnant productive apparatus, hyperinflation and the crisis of basic services, it pushed the country to a state of anarchy, provoking repression against those demanding minimum living standards. But Venezuela wasn’t always like this. Once upon a time, Venezuela was booming, forging iron, steel and aluminum for the world. In the second half of the 20th century, it became the fourth largest economy in Latin America, setting an example of social ..read more
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World Bank sees Venezuela GDP contracting another 25% by year end
On Venezuela
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5y ago
The economy in crisis-hit Venezuela is expected to contract a further 25 per cent in 2019, the World Bank said on Thursday. "Real GDP contracted by 17.7 per cent in 2018 and is likely to fall by 25.0 per cent in 2019, which would imply a cumulative fall in GDP of 60 percent since 2013," the bank said in its most recent biannual report on Latin America and the Caribbean. The report attributes this "continuing implosion" in Venezuela, which has the most oil reserves of any country in the world, to the management of the country's economy rather than the global drop of oil prices and called the Ve ..read more
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Medical Visits Surge Along Venezuelan Border
On Venezuela
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5y ago
Demand for health services is surging at emergency medical clinics in Colombia as Venezuelans stream across the border in search of food, employment and medical care. This week the clinics reached a milestone, surpassing 50,000 patient consultations since opening last summer. Americares medical teams are treating nearly 2,000 patients a week at emergency clinics in Arauca, Atlántico, La Guajira and Norte de Santander. The health-focused relief and development organization plans to move one of its four clinics to a larger location and is seeking funding to open additional clinics in the coming ..read more
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Baby deaths soar in starving Venezuela
On Venezuela
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5y ago
Venezuela’s health system is on the brink of collapse as preventable diseases such as measles and malaria rampage through its cities and infant mortality rises, a study has found. The country is facing a “complex humanitarian emergency” that requires a full response from the United Nations, according to research from Human Rights Watch carried out with the Johns Hopkins Bloomberg School of Public Health in the US. After long denying the crisis President Maduro has allowed the Red Cross to deliver aid for 650,000 people. Venezuela has largely stopped publishing healthcare statistics and doctors ..read more
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Pompeo calls on NATO to adapt to new threats from Russia, China
On Venezuela
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5y ago
U.S. Secretary of State Mike Pompeo on Thursday called on NATO allies to adapt to confront emerging threats, including Russia's military interventions in places such as Venezuela, Chinese strategic competition and cyber threats. Pompeo issued the warning during a meeting of North Atlantic Treaty Organization foreign ministers in Washington marking the transatlantic military alliance's 70th anniversary. "We must adapt our alliance to confront emerging threats ... whether that's Russian aggression, uncontrolled migration, cyber attacks, threats to energy security, Chinese strategic competition ..read more
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