Likely a further sign of his government’s economic woes, President Hugo Chávez’s administration is offering oil contracts to foreign companies. The response to the bidding for concessions was not as strong as it has been in the past, as many companies have been burned by Chávez’s expropriation of assets. Still, Chevron and Repsol (of Spain) […]
Ramiro Valdes, a Cuban revolutionary closely tied to Fidel Castro for decades, is now working with the Venezuelan government in Caracas. Valdes currently serves as Cuba’s Minister in communications and information. The Venezuelan opposition is incensed, pointing out Valdes’ previous role as Interior Minister in Cuba, where he was in charge of surveillance and accused […]
Last week the Venezuelan government cut off six cable TV stations, citing a failure to comply with regulations. These stations included Radio Caracas Television (RCTV), a channel known for opposing the administration of Hugo Chávez. RCTV had already lost its ability to broadcast on a public channel in 2007, but remained available to cable subscribers […]
President Hugo Chávez is a fan of some books, and an opponent of others. In April of last year he made a very public presentation of Eduardo Galleano’s Open Veins of Latin America: Five Centuries of the Pillage of a Continent, gifting it to President Barack Obama at the Summit of the Americas. On the […]
The Venezuelan government finally blinked when it came to financial pressures by devaluing its currency on January 8th. The rate of the Bolivar Fuerte had been pegged at 2.15 to the dollar and is now 2.6 for essential supplies and 4.3 for luxury goods. Last week the value of the dollar on the parallel market […]
Some say that Venezuelan democracy is under assault, with Hugo Chávez and his cronies consolidating power. The populace may vote, but there is strong pressure to support the United Socialist Party of Venezuela (PVUV in Spanish), and a penalty for those who support the opposition (e.g. being black-listed from government jobs). On the other hand, […]
Rafael Caldera, the last Venezuelan president to serve in office prior to the administration of Hugo Chávez, passed away on Thursday. Interestingly, Caldera’s terms seem to have book-ended the more democratic period of the country’s history. In 1946 Caldera founded COPEI, a Social-Christian political party. In 1958 he played an instrumental role in the Punto […]
On Monday, Hugo Chávez accused Colombia of using a US-manufactured spy plane to over-fly its airspace. Colombian officials denied not only that this happened, but stated that their military did not have such the required military technology. The retort from Bogotá via its Defense Minister, Gabriel Silva, included a little bit of humor: perhaps the […]
Overview This past year was another interesting one for Venezuela, and it is a country where one never knows what will happen next. Overall, Chávez continued to advance his “Bolivarian revolution”. This effort included a number of laws passed by the National Assembly, a body that typically rubber stamps initiatives proposed by the Venezuelan president. […]
A random story, but the NYT recently covered grave-robbing in Caracas, which is apparently on the rise, and as are many negative social indicators there these days. The bones are sold for use in a religion called Palo, originating with Cubans who migrated to Venezuela decades ago. Some of those interviewed for the story wonder […]
President Hugo Chávez may be known for his rhetoric, but at the same time he often makes good on his statements. He rails against imperialism and increasingly pushes the country’s political institutions, as well as its society, towards socialism. A Reuters article chronicles some of Chávez’s recent moves in the country’s economy. The government has […]
In February, President Hugo Chávez won a referendum allowing him (and any other public official) to be re-elected indefinitely. A total of 54% of the electorate supported this option, but did this represent a recent peak in the Venezuelan President’s popularity? Over recent months Chávez provoked a diplomatic row with Colombia and sent troops to […]
How is it that Venezuela, awash in energy resources, experiences blackouts? Although it is a global leader in oil production, most of the country’s power comes from hydroelectric dams, including one of the word’s largest, Guri. Unfortunately a combination of drought and failing infrastructure has severely reduced capacity for power-generation. A NYT article gives a […]
The Venezuelan government is, once again, moving soldiers to the border region with Colombia. The 15,000 troops are intended to “increase security, combat drug trafficking and root out paramilitary groups”. It seems like déjà vu, as Chávez sent 6,000 soldiers there in March 2008, after Raul Reyes of the FARC was killed on Ecuadorian territory. […]
The kidnapping and murder of at least nine Colombians along Venezuela’s border region during late October once again increased tensions between the two countries, which are already on shaky diplomatic terms. An article within El Universal gives a nice overview of recent political exchanges between Caracas and Bogotá. The Venezuelan vice president, Ramón Carrizález, declared […]