Shocking images show the amount of cash required to buy some basic supplies as Venezuela’s hyperinflation spirals out of control.
The striking pictures show food stores like a 2.4kg chicken next to an enormous pile of 14,600,000 bolivars ($2.20) and a stack of bank notes worth 2,600,000 bolivars ($0.40) next to a single roll of toilet paper.
In crisis-hit Venezuela, one dollar can buy two Polar beers, a dozen eggs, or a bar of chocolate. Or, taking advantage of the black market exchange rate, it’s enough for 3.5m litres of petrol.
But the 92 tankers needed to carry the fuel would probably be stuck at the pump, broken down and without replacement parts.
Fuel in the oil-rich nation may be practically free, but motorists are finding it increasingly hard to keep their vehicles on the road. Petrol shortages are ever more common: motorists commonly wait for six hours or more in fuel queues.
Justin’s handling of our oil sector is a concern no?
Questions have been raised about whether the ‘drone attack’ against the president of Venezuela was faked after he began blaming his political opponents for attempting to assassinate him but TV cameras failed to captured any footage of the missiles and firefighters said the incident was actually a gas tank explosion.
Nicolas Maduro had been addressing a military parade in Caracas on live TV on Saturday, when he suddenly halted and looked to the sky after hearing an explosion.
Maduro and his wife Cilia Flores were swamped with aides carrying bulletproof shields and both escaped uninjured.
Venezuelan President Nicolas Maduro has been targeted in an attempted attack during a televised public address, officials confirm. Several explosives-laden drones detonated as he was speaking at a military ceremony.
Venezuela’s Information Minister Jorge Rodriguez has confirmed that an attack on Maduro took place at the event. Several drones rigged with explosives went off close to the presidential box during the address.
“All the investigations have indicated that (the explosions) were an attack on President Nicholas Maduro,” Rodriguez told media
Free-spending Venezuelans once crammed store aisles in foreign countries famously uttering “dame dos” — “I’ll take two.” But the citizens of what was once South America’s richest nation per capita are now confronting a devastating reversal of fortune, emerging as the region’s new underclass.
As their oil-rich country buckles under the weight of a failed socialist experiment, an estimated 5,000 people a day are departing the country in Latin America’s largest migrant outflow in decades.
The news had barely hit the headlines early Friday about Premier Doug Ford’s plan to cut Toronto council from 47 to 25 seats for the October election before the self-preservationists on that same council were predicting the end of the world as we know it.
One hundred years ago, the Bolsheviks’ slaughter of the Romanovs prefigured seven decades of Communist tyranny.
The family was roused early in the morning and told to dress in preparation for an immediate change of location. They were brought to a dingy basement room and ordered to wait, while their killers fortified themselves with liquid courage. One hundred years ago, in the early hours of July 17, 1918, the abdicated Czar Nicholas II and his immediate family, along with four retainers, were murdered, and buried in haste under cover of night.
New York Democratic congressional candidate Alexandria Ocasio-Cortez has not been elected into any political office yet and some Democrat lawmakers are already voicing concerns over her divisive rhetoric.
Ocasio-Cortez, a self-proclaimed Democratic socialist, rose to fame after her shocking defeat over Rep. Joseph Crowley in the primary. Crowley, the chairman of the House Democratic Caucus and the fourth ranking Democrat, was considered a rising-star within the party and was expected to soar to victory.
Mindful of Voltaire’s dictum (“To hold a pen is to be at war”), we take up the pen against five enduring myths about the Russian Revolution and the advent of socialism. The five myths are long-standing pillars of falsehood — used to curtail liberty, justify past atrocities, and (in the name of “progress”) lead free people into servitude.
Calling themselves “progressives,” many people today readily accept most or all of these myths as the truth. Filled with socialist yearnings, they have become a new force to be reckoned with in American politics.
CUCUTA, Colombia (AP) — On a recent humid evening in the Colombian border city of Cucuta, a Venezuelan woman wrapped her newborn daughter in a pale yellow blanket and left her with a note alongside a car parked near a stadium hosting a high school field day.
“I don’t have the means to take care of her,” she wrote on graph paper with a pink border of hearts, paw prints and flowers. “She is four days old and her name is Angela.”
In his heart Justin admires their basic dictatorship.
Alexandria Ocasio-Cortez is less hideously unattractive than the usual Democrat potentate or potentatette and has therefore been anointed the new face of her pathetic party. This dumb woman, who looks like Huma Abedin without the pedohubby and the weird relationship with Felonia Milhous von Pantsuit, took advantage of her even dumber New York district in order to get elected to Congress by calling herself a “socialist.” Yeah, the subject of a thousand Trader Joe’s house brand chardonnay toasts is a proud adherent of the ideology that butchered 100 million people in the last century.
The Notley government has spent three years doing everything it can to ruin Alberta’s economy.
It has imposed – and then raised – an unwanted carbon tax. It has risked reducing development of the oilsands by imposing a hard cap on emissions. It has raised taxes on energy companies, cozied up to the federal Liberals and accelerated the shut down of every one of our coal-fired power plants at a tremendous cost to Alberta taxpayers and coal communities.
And in the process of paying for this, the NDP are on a path to rack up nearly $100 billion in debt.