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Venezuela Cuts Oil Subsidies To Caribbean Nations - NPR

“Venezuela is in desperate straits. The oil sector has been deteriorating, and now with the slumping oil prices, they needed cash desperately,” says Michael Shifter, the president of the Inter-American Dialogue, a Washington, D.C.-based group that studies the region. 85 more words

English

National Post View: The bankruptcy of socialism

More than two decades after the fall of the Soviet bloc, a whole generation of young people will have grown up unaware of just how devastating socialist economic “planning” was for the people forced to live under it. 746 more words

Full Comment

MARY O'GRADY: Peru Is Chavismo’s Next American Target

Wall Street Journal: Corruption scandals give the left an opening in the 2016 presidential election.

Lima, Peru: For the citizens of a nation that boasts one of the world’s most spectacular long-run growth spurts since the 1990s, Peruvians are amazingly short on confidence. 56 more words

Politics

Venezuela: med mitom in realnostjo

Pred kratkim je BBC objavil kratek dokumentarni feljton o kroničnem pomanjkanju osnovnih potrošnih dobrin v Venezueli.

Simpatični prispevek je pri mnogih navdušencih bolivarske republike na Zahodu vzbudil zmrdovanje, češ da skuša omalovaževati »dosežke revolucije« z izpostavljanjem izključno potrošniškega vidika venezuelskega vsakdana, ki – to morajo priznati še tako zagreti chavistični navijači iz domačih logov – zelo spominja na zadnja desetletja socializma, kot smo ga poznali v vzhodni Evropi. 2,259 more words

Ekonomija

MY WEEKEND AT CASA MARIA

by Cesar (Big Cesar) Aguirre

My usual weekend, going to Tucson from Ajo and helping out at Casa Maria when I can. This past weekend my son unexpectedly asked me to join him for a book study gathering at Brian’s. 204 more words

Casa Maria

MARY O’GRADY: Iran and Argentina: The Defectors’ Tale

Wall Street Journal: Three former Venezuelan insiders say Hugo Chávez brokered a cash-for-nuclear-technology deal.

Did Hugo Chávez act as a bagman for Iran in its effort to get nuclear technology from Argentina? 84 more words

Government