Big enough to solve the toilet paper shortage.
Venezuela announced plans to begin issuing 100,000-bolivar notes on Wednesday as the government struggles to control skyrocketing inflation. One year ago, the largest bill was only 100 bolivars – an amount that is now practically worthless.
President Nicolas Maduro unveiled the note at a cabinet meeting. It will be worth about €2 euros or $2.3 on black market exchanges.
Caracas said the new bill is only a stop-gap measure amidst a more comprehensive financial overhaul, one facet of which is to eventually rid the country of paper money entirely.
Imagine living in a country where an overwhelming majority of voters elect an opposition-dominated legislature, but where the executive power immediately and illegally stacks the country’s supreme court with its supporters so it can invalidate almost everything the legislature does.
Imagine a country where the executive power and its accomplices in the country’s electoral commission unilaterally postpone elections for all local and state offices.
“Venezuela is no enemy of Canada,” solidarity activist Maria Victor told teleSUR. “On the contrary, it sells the oil Atlantic Canada needs.”
Too bad Canada has no domestic oil resources, eh?
Venezuela’s government criticized Canada’s Friday announcement of targeted sanctions against 40 of its senior officials, accusing Ottawa of “submission” to U.S. President Donald Trump in a bid to overthrow the South American country’s leftist administration.
Two of the most prominent targets of Donald Trump’s maiden UN speech, Iran and Venezuela, have responded to the US president’s condemnations with some of their own, arguing that Washington continues to be a destabilizing influence.
“Trump’s shameless and ignorant remarks, in which he ignored Iran’s fight against terrorism, display his lack of knowledge and unawareness,” said Iranian Foreign Minister Mohammad Javad Zarif, according to the official Fars news agency.
Trump called Iran a “depleted rogue state whose chief exports are violence, bloodshed, and chaos,” saying that it funds “terrorists that kill innocent Muslims and attack their peaceful Arab and Israeli neighbors” and uses its oil wealth to “shore up Bashar al-Assad’s dictatorship, fuel Yemen’s civil war, and undermine peace throughout the entire Middle East.”
In turn, Zarif accused Washington of supporting “tyrannical regimes” in the region, and “the criminal Zionist state.”
The president urged crisis-hit Venezuelans to breed rabbits and eat them as a source of animal protein.
Zoo animals are being stolen from parks in western Venezuela and police believe they are being snatched to be eaten by the starving local population.
A wave of animal thefts in city of Maracaibo near the Colombian border – including tapirs and a buffalo – have been linked to the chronic food shortages in Venezuela
Most recently, two collared peccaries, similar in appearance to boars, were stolen over the weekend, local police say.
CIA director Mike Pompeo said on Sunday that Venezuela could become a “risk” to the US if chaos continues to roil the South American country.
“The Cubans are there; the Russians are there, the Iranians, Hezbollah are there,” he said on “Fox News Sunday.” “This is something that has a risk of getting to a very, very bad place, so America needs to take this very seriously.”
Our glitterati’s favorite socialist paradise has, like so many similar experiments, become a murderous den of oppression and privation.
Venezuela’s self-destruction has embarrassed more celebrities than has National Enquirer. Our glitterati’s favorite socialist paradise has, like so many similar experiments, become a murderous den of oppression and privation, and none will speak on its behalf. However, Venezuela’s collapse has dashed fantasies far older and more sincere than Sean Penn’s.
Maduro consults socialist vegetable.
President Trump refused to take a phone call from Venezuelan President Nicolas Maduro Friday, and said he will not speak with the socialist leader until “democracy is restored in that country.”
A leading member of the Venezuelan government says arrests have been made after soldiers apparently tried to launch an uprising against President Maduro.
The ruling Socialist Party’s deputy leader, Diosdado Cabello, called it a “terrorist attack” on Twitter.
It happened in Valencia in Carabobo state in the country’s north-west.
A video circulated on social media of a uniformed group calling themselves the 41st Brigade.
In London’s posh South Kensington on Sunday afternoon I witnessed anti and pro-Venezuelan government protests form outside the Venezuelan embassy. On the pro-government side stood British socialists living in a fairyland defending Venezuela’s slide to totalitarianism. On the anti-government side, Venezuelans whose family members are literally starving.
Turnout figures in Venezuela’s constituent assembly election were manipulated by at least 1m votes, according to a company that has worked with the country on its voting system since 2004.
“We know, without any doubt, that the turnout of the recent election for a national constituent assembly was manipulated,” Antonio Mugica, the chief executive of Smartmatic, said in London.
Mugica said Smartmatic, which has provided electronic voting technology for elections around the world, was able to detect the overstated officially announced turnout because of Venezuela’s automated election system.
“We estimate the difference between the actual participation and the one announced by authorities is at least 1m votes,” he said.
PM Useful Idiot was too busy mincing about to comment.
The Liberal government denounced Sunday’s vote for a new legislative superbody in Venezuela that gives President Nicolas Maduro sweeping powers to reshape the country’s political system but will not follow the Trump administration in imposing sanctions against the Venezuelan president, a government official said Monday.
Venezuelan opposition leaders Leopoldo Lopez and Antonio Ledezma have been taken from their homes, where they were serving house arrest, family members said on Tuesday, adding that President Nicolas Maduro was responsible for their fates.