The Venezuela Thread


#241

Seems like the only thing Maduro can do well is stay in power

He should have been gone a long time ago


#242

bloomberg.com/features/2016-venezuela-cafe-con-leche-index/

1,000,000 Bolivars!


#243

2,000,000!

bloomberg.com/features/2016-venezuela-cafe-con-leche-index/


#244

1 Euro equals 140,234.68 Venezuelan Bolívar
1 United States Dollar equals 119,900.00 Venezuelan Bolívar

from the article.
*Currency conversions are tricky in Venezuela given its byzantine multiple exchange-rate system. But in the black market – where most people buy and sell dollars – 2,000,000 bolivars is worth less than $1

That’s a big discrepancy.


#245

I was there 2010 ish.

A lot of the cash transactions were done in US dollars then.

I suspect almost everything is now.


#246

Venezuela President Maduro ‘survives drone attack’
bbc.co.uk/news/world-latin-america-45073385


#247

Weird CIA shite im sure. Only they could do something this wacky and hamfisted


#248

Could be, or else its just a stunt by the regime


#249

Did they detail what type of drones were used ?

I’ve a feeling it’s one of these …


#250

@mr_anderson
It was 2x DJI M600’s.
These sell for around $5000 each. They are used for cinematic photography and aerial mapping/surveying.

Venezuela’s Supreme Court Orders Arrest of Opposition Leader in Connection With Maduro Assassination Attempt
time.com/5361591/venezuela-supreme-court-arrest-opposition-president-maduro-assassination/


#251

widerimage.reuters.com/story/ve … y-overhaul


#252

Venezuela seizes Smurfit Kappa plant
bbc.com/news/business-45343310


#253

An easy to understand piece of the roots of the problem

telesurtv.net/english/opinion/The-Roots-of-the-Current-Situation-in-Venezuela-20151122-0031.html


#254

@rebelbuttmunch
That piece was written by this man.
en.wikipedia.org/wiki/Gregory_Wilpert

It’s useful to have many perspectives on these topics. But be aware of the authors ideological background when deciding as a reader if his points are valid or not.


#255

That’s good to know, thanks!


#256

Never would have guessed he was on the side of the regime


#257

Nicolás Maduro: Fury over Venezuela leader’s Salt Bae ‘feast’
bbc.com/news/world-latin-america-45559504

twitter.com/hashtag/Saltbae


#258

bloomberg.com/features/2016-venezuela-cafe-con-leche-index/

50 Bolivars*!

*In August 2018, Venezuela re-denominated the bolivar, lopping five zeros off it. Today’s price of 50.00 “new” bolivars is equal to 5,000,000 old bolivars. Converted into dollars, that comes to less than $0.50.


#259

Any guesses on what it will be worth next week (in dollar terms) ?


#260

rte.ie/news/brexit/2019/0112/1022787-brexit/

Well done Mary Lou