Venezuela, though sitting atop the world’s largest proven oil reserves, is enduring an acute economic crisis due in part to the global drop in crude prices and just about everything is in short supply, including medicine. So people are phoning in prescriptions to a handful of pharmacies in south Florida that are willing to help, although a shortage of dollars in Venezuela means most of the orders cannot be filled: Venezuelans cannot pay for the medicine with local currency, just greenbacks, which they do not have. Still, the pharmacies are doing what they can. The flood of calls is so great that one pharmacy set up a phone line just to take calls from Venezuela, said Walter Cohen, head of international sales for Locatel, a Venezuelan pharmacy chain that has two outlets in south Florida. In the five years that these pharmacies have been accepting prescriptions from abroad and offering to send medicine to Venezuela “the increase has been exponential,” Cohen said. Every week the pharmacy receives about 1, orders for things such as medicine, vitamins and even medical equipment. Besides Locatel, some other pharmacies, courier services and civil society organizations have stepped up to try to make it easier to send medicine to the hard-pressed people of Venezuela. The opposition in Venezuela has gone so far as to say the country is suffering a full-blown humanitarian crisis. But the leftist government of President Nicolas Maduro defends itself by blaming the crisis on what it says are conservative business interests maneuvering to topple him.
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And Venezuela President Nicolas Maduro is banking on a cryptocurrency called “petro,” backed by the country’s oil, gas, gold and diamond reserves, as a way to get around U.S. sanctions. Mining digital currency uses up a lot of electricity, as miners utilize huge rigs of computers for the process. However, in return for their work, voluntary miners are rewarded with a sum of bitcoin as well as.
The combination of soaring prices and exchange controls that prevent businesses from buying dollars has made high-end real estate an attractive way for companies to protect the value of revenue earned in the increasingly worthless bolivar currency. Las Mercedes, a neighborhood developed in the s as an exclusive residential zone that is now filled with garish restaurants and bars, is also awash in real estate development. That roughly tracks the returns that would have been provided by buying dollars on the black market during the same period – with the added benefit that developers will have valuable assets on the ground if the economy recovers.
The government of President Nicolas Maduro sells dollars at 10 bolivars each for priority goods such as food and medicine and at around bolivars for less important items. But greenbacks fetch nearly 1, bolivars on the black market, where the Venezuelan currency has lost 91 percent of its value in the last two years. Labourers work on a new office building under construction in Caracas, Venezuela September 30, Picture taken September 30, The officials declined to identify specific companies, but said they range from a well-known financial services company to popular consumer products groups.
Foreign companies contacted by Reuters about real estate investments in Venezuela declined to comment. The luxury real estate development contrasts with the tough day-to-day realities of Venezuelans who spend hours in lines seeking staple goods ranging from rice to medicine. Building middle-income homes is rarely feasible because so little financing is available for construction or for purchase, and middle-class spending power has been battered by inflation.
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Share this article Share Despite being just 5ft 2″ tall, the beautiful Miss Sucre – a state in the north of Venezuela – impressed the judges with her intelligence and looks, including her hourglass figure. Despite her fame and popularity, Ms Ruiz never made it to the big time. After deciding not to pursue a career in law, she began selling homemade crafts and junk jewellery in Caracas.
She never had a proper boyfriend and instead lived with her brother, who according to friends was jealous of her and didn’t allow her any freedom.
Francisco Toro comes up short when he attempts to let socialism off the hook for Venezuela’s humanitarian crisis (EFE). In the Washington Post, Venezuelan Francisco Toro, columnist for that.
The following article was originally published by Daisy Luther at The Organic Prepper If you ever wondered what life was really like in a post-collapse society, look no further than Venezuela. The country has been on the way down since a socialist government destroyed the economy. Private ownership of guns was banned in Then things began to go downhill in a hurry. As well, despite the rationing, an electricity shortage was announced.
People were dying of starvation and malnourishment made other illnesses even worse. Now, civil war is near if not already happening.
They said they tried to keep the project on life support, in hopes that it would be revived by the next administration, but the loss of key personnel, budget cuts and dropped investigations are only a few of many challenges made worse by the passage of nearly a year since Trump took office. Who knows if we can find all of the people willing to testify? There is certainly an argument to be made that if tomorrow all the agencies were ordered to come together and sit in a room and put all the evidence on the table against all these bad guys, that there could be a hell of a lot of indictments.
Operation Perseus, targeting Venezuelan syndicates, was another.
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Fishing Holidays on Los Roques Los Roques has a feel and character quite unlike any other flats fishing destination in the Caribbean, it is quite possibly the most attractive saltwater fly-fishing location that we have had the pleasure to fish. Emerald green flats give way to azure and then cobalt blue waters, all of which are interspersed with every type of fishing environment you could hope for. White sand beaches, clearwater lagoons, cays, mangrove islands, ocean-facing flats, the synonymous Los Roques pancake flats and much more.
The entire archipelago teems with life and energy ranging from the thriving island fishing community on Gran Roque to the surrounding seas that teem with fish. Laying km offshore and only a short hop of 40 minutes from the Venezuelan mainland the main island of Gran Roque is a surprisingly sophisticated settlement of 1, or so souls. The main island acts as a confluence spot for truly monstrous shoals of minnows stretching for kilometres along the waterfront and attracting the attention of some of the worlds most sought after saltwater game fish.
Los Roques has become known as one of the best flyfishing destinations in the Caribbean. The numbers of bonefish can be compared to the Seychelles but the real appeal to ardent fly-fishers is the excellent opportunities for good-sized tailing fish. This is a place for those who love to stalk fish on foot rather than being confined to a boat.
While the archipelago is famous for its pancake flats the area also offers great opportunities on its coral banks, sandy beaches, massive flats and mangrove lagoons. In addition to world-class bonefishing, other opportunities include tarpon, permit, jacks, tuna, snook, and barracuda. The Saltwater Fishing – What To Expect Fishing in and around the waterfront can be exceptional for big bonefish and tarpon in the lb range however it is merely the shop window to what is on offer around the archipelago.
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The people of Venezuela, forced to wait in long lines for basic necessities, are under the thumb of what has now proven to be a ruthless dictator. He has killed, and will increasingly use violence and any means necessary to hold onto power. Eventually, Maduro will likely be ousted, but only after forcing his people into literal starvation.
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Venezuela News And Views: Guanaguanare
President Trump came as close as he likely will ever come to be recognized as president of the world. The president of the U. Security Council just threatened to punish the nationals of other Security Council members if they abide by the terms of a U.
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August 20, Will the military allow the protest? But many Venezuelans fear the armed forces are likely to close ranks around the administration and do their best — with roadblocks, tear gas and intimidation — to keep the hordes from turning into a meaningful mass. Be the first to know. No one covers what is happening in our community better than we do. And with a digital subscription, you’ll never miss a local story. In addition, the military owns television stations, cargo companies, insurance firms, import-export enterprises and other businesses.
Instead, last month, Maduro named Defense Minister Gen. Related stories from Miami Herald U. For years, there have been rumors and allegations that the armed forces are deeply involved in the drug trade, contraband and black market currency sales. Earlier this month, Gen. The following day, Maduro named him interior minister. On Tuesday, Venezuela sentenced 10 people, including three national guard members to 22 years in prison for their roles in shipping 3, pounds of cocaine to Europe on an Air France flight in
Vivek Chibber When revolutions stagnate, confusion reigns, and both are palpably true of Venezuela today. An Institutional Crisis The causes of the crisis are many and their explanations well-worn. Seizing upon this weakness, conservative elites at the head of the US-backed opposition went on the offensive in the streets in April protests that left eleven dead and set into motion a strategy of tension that continues four years later. Rather than acting decisively from the outset, the beleaguered Maduro government opted for a pragmatic approach.
A failing system of currency controls governing the distribution of oil income was never fully dismantled.
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Email Another day, another cheating rumor. Just when you thought Vanderpump Rules’ sixth season couldn’t handle another cheating allegation, the most dramatic one yet comes out. Kristen and James were the last two partying at the end of a long night, hanging out by the pool alone together at 7: In Detective Jax’s eyes, that’s all the proof he needs. Photos Real Housewives Casting Shakeups: Who’s In and Out! Curiously enough, there is footage of James and Kristen getting along when the group is out at the bar, but it seems the cameras were not rolling when the cast got back to the hotel.
And this is where the age-old debate about what the term “hanging out” means kicks in.