30 Jul '16, 5pm

Venezuela Implements ‘Forced Labor’: A new decree by Venezuela’s government could make its citizens... https://t.co/TndFT7v5wR

onlooker on Sat, 30th Jul 2016 10:59 am Venezuela and its demise is due to various reasons. One and I must concede that State run industry is not efficient or effective especially considering the Capitalistic globalized environment this type of Economic system must act within. Second, Oil revenue flow and its decrease certainly hurt Venezuela also. If you use import revenues to purchases goodies which make life easier but undercut domestic production, you are using your own import revenues to destroy your own country, but the people in the short term, are quite happy. This has been true, forever. If you use import revenues to build infrastructure, things like waste treatment plants, highways, rail corridors, port facilities; the rabble feel little benefit from their country’s supposed wealth, and thus get angry, which especially problematic in communist systems. So its not...

Full article: http://peakoil.com/publicpolicy/venezuela-implements-forc...

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#Venezuela collapses into a black hole

defence.pk 31 Jul '16, 8am

The Airline i work for stopped flights to Venezuela but we had one machine left there in Caracas. Because of that a team w...

Venezuela's Inflation to Reach 1600% in 2017, Spurring Demand for Bitcoin - Bitcoin Magazine

Venezuela's Inflation to Reach 1600% in 2017, S...

bitcoinmagazine.com 26 Jul '16, 6pm

The weakening economy of Venezuela under the regime of President Nicolas Maduro is forecast by the International Monetary ...

Venezuela first lady's nephews confessed to drug scheme, US says

Venezuela first lady's nephews confessed to dru...

channelnewsasia.com 24 Jul '16, 4am

NEW YORK: Two nephews of Venezuela's first lady, who face charges of conspiring to import cocaine into the United States, ...

Venezuela's Biggest Bitcoin Exchange Resumes Op...

themerkle.com 23 Jul '16, 2am

Surbitcoin, the biggest Bitcoin exchange in Venezuela has resumed normal operations. On July 14th the exchange managed to ...