International
Trade
Venezuela halts commercial ties with Panama,
Panama pulls out its ambassador
Venezuela
said on Thursday it was halting commercial relations with Panamanian officials
and companies, including regional airline Copa, for alleged involvement in
money laundering, prompting both countries to recall their ambassadors. The
resolution names Panamanian President Juan Carlos Varela and nearly two dozen
Cabinet ministers and top-ranking officials and says that Panama’s financial
system had been used by Venezuelan nationals involved in acts of corruption.
The individuals named in the resolution “present
an imminent risk to the (Venezuelan) financial system, the stability of
commerce in the country, and the sovereignty and economic independence of the
Venezuelan people,” Venezuela said. The statement came a week after Panama
declared Venezuelan President Nicolas Maduro and some 50 Venezuelan nationals
as “high risk” for laundering money
and financing terrorism. Panama announced it was recalling its ambassador to
Venezuela and asked that Caracas follow suit, which it did several hours later.
Panama’s Varela, in brief comments to reporters on Thursday, described the
Venezuelan announcement as nonsensical. “We
have not heard anything about breaking relations but rather about a set of
supposed sanctions - it’s gibberish,” Varela said. Venezuela has been hit
with sanctions by Canada, the United States and other countries over issues
ranging from human rights violations to corruption and drug trafficking. (Reuters:
https://www.reuters.com/article/us-venezuela-panama/venezuela-halts-commercial-ties-with-panama-suspends-copa-flights-idUSKCN1HC2UA;
ABC News: http://abcnews.go.com/International/wireStory/venezuela-suspends-panamanian-businesses-airline-54269119;
Reuters, https://www.reuters.com/article/us-venezuela-panama/venezuela-cuts-commercial-ties-with-panama-officials-firms-idUSKCN1HC2UA)
Port authority VP stashed funds away in Andorra
According
to the Spanish daily “El País”, Elisaul Yépes, Vice President of the
Venezuela’s national Port Authority (BOLIPUERTOS), stashed away US$ 600,000 in
July 2011 in Banca Privada d ‘Andorra (BPA). The funds were transferred by a
company controlled by Carlos Luis Aguilera, who was the spy chief for the late
President Chavez. The funds had been placed in BPA, a Panamanian instrumental
society. In the forms used to open the account, Yépes recorded his intention of
depositing US$ 2.5 million, and transferring US$ 500,000 per month. Last
October Yépes was named Vice President of BOLIPUERTOS. More in Spanish: (El
Universal, http://www.eluniversal.com/politica/5105/segun-pais-vicepresidente-bolipuertos-habria-ocultado-dinero-andorra)
Logistics
& Transport
Venezuela suspends COPA flights, passengers to
be reimbursed
Venezuela
said on Thursday it was halting commercial relations with Panamanian officials
and companies, including regional airline COPA, for alleged involvement in
money laundering, prompting both countries to recall their ambassadors.
Venezuela’s civil aviation authority said in a statement that inbound and
outbound COPA flights were suspended for 90 days, effective Friday, “as a measure to protect the Venezuelan
financial system.” COPA, a crucial provider of international flights
following a sharp reduction in airline services to crisis-stricken Venezuela,
did not respond to a request for comment. COPA announced it would fully reimburse
passengers for unused airfare. (Reuters: https://www.reuters.com/article/us-venezuela-panama/venezuela-halts-commercial-ties-with-panama-suspends-copa-flights-idUSKCN1HC2UA;
and more in Spanish: El Universal; http://www.eluniversal.com/economia/5217/copa-reembolsara-valor-boletos-usados-interrupcion-vuelos)
Oil
& Energy
How a
small trading house won multi-million deals in Venezuela
No country in the Americas is deemed more corrupt than Venezuela. There
are so many tales of bribes and influence peddling, it’s hard to keep track.
But now, in a deeply detailed account spelled out in U.S. courts, it is the
government itself -- or, to be exact, the trust of the state-controlled oil
giant -- that alleges it was the victim of a decade-long bid rigging scheme
costing it billions of dollars. The ploy, allegedly executed by a small and
mostly unknown Miami oil trading firm, has all the trappings of a TV
detective-thriller: A cloned computer server; a computer geek known as “the nerd;” an estranged wife. It also
features an oil trader with an intriguing pitch: “I can guarantee you are going to win.” The alleged winners included
such household names as subsidiaries of GLENCORE Plc, TRAFIGURA BEHEER BV and
VITOL Group, among the more than 40 individuals and firms named as defendants.
At the heart of the alleged scheme were auctions, known in the industry as
tenders, held by PDVSA to import or export millions of barrels of oil products.
The PDVSA tenders are coveted among traders because of the large volumes of
fuels, such as gasoline and naphtha, the company has been buying and selling
over the years. Only a handful of market participants are invited to take part
in the electronic bidding. The suit alleges that oil trader HELSINGE Inc.
bribed a former PDVSA tech employee -- “the
nerd” -- to hook up its computers to PDVSA’s servers. That gave HELSINGE “direct access” to secret information on
oil auctions on a real-time basis. HELSINGE then used the information, such as
details on competing bids, to win the lucrative auctions, the suit alleges,
often by suspiciously small margins. HELSINGE was formed by two former PDVSA
traders, Francisco Morillo and Leonardo Baquero. HELSINGE made its "guaranteed win" pitch repeatedly
over the years, according to traders at different companies who were approached
and declined to participate. The alleged scheme was broken open, the PDVSA
trust says, when it obtained the hard drive from the estranged wife of Morillo.
Vanessa Friedman had come into possession of the hard drive after winning a
temporary restraining order against her husband in 2010 that prevented him from
having access to his computer. The laptop contained emails and instant messages
showing incriminating exchanges between HELSINGE and traders, the suit alleges.
A market participant who asked to remain anonymous said he eventually gave up bidding
-- the same companies would win, over and over. Internally, PDVSA traders were
told to be aware of HELSINGE bids, but action was never taken to shut down the
practice, according to one of those traders. (Bloomberg: https://www.bloomberg.com/news/articles/2018-04-04/rigged-by-the-nerd-oil-auctions-said-to-spew-years-of-profits)
OPEC output
falls to lowest in a year amid Venezuela woes
OPEC crude production dropped to the lowest in a year amid the woes in
Venezuela’s oil industry. Output from the 14 members of Organization of
Petroleum Exporting Countries fell by 170,000 barrels to 32.04 million barrels
a day in March, according to a Bloomberg News survey of analysts, oil companies
and ship-tracking data. That’s the lowest since last April’s 31.9 million
barrels a day. Back then, Equatorial Guinea -- which pumped 130,000 barrels a
day last month -- wasn’t part of OPEC. (Bloomberg, https://www.bloomberg.com/news/articles/2018-04-03/opec-output-falls-to-lowest-in-a-year-as-venezuela-s-woes-deepen)
Commodities
80%
labor absenteeism reported in basic industries due to lack of transportation
Rubén
González, a leader of the FERROMINERA del Orinoco union, reports that “80% of the 50,000-man payroll in the Guayana
Corporation cannot reach work due to lack of transportation”. He adds: “In Bolivar state there are enormous
distances between the homes and workplaces of workers, so transportation
services are indispensable. Due to carelessness by authorities there are not
enough units available for the different work shifts.” He reports that iron
production at FERROMINERA mines at San Isidro, Los Barrancos and Cerro Bolívar
has been paralyzed for almost one month because operators cannot get out of Ciudad
Piar, since “there is not a single bus
operating.” Labor sources at SIDOR, BAUXILUM, ALCASA, VENALUM and briquette plants repeated the same
report, saying that the situation is hitting production that is already low due
to scarce spare parts and lack of maintenance. More in Spanish: (El Nacional, http://www.el-nacional.com/noticias/empresas/ausentismo-laboral-industrias-basicas-por-falta-transporte_229474)
'It feels like we're
all dying slowly': Venezuela's doctors losing hope
With major
shortages of medicines, many doctors are joining the exodus of people trying to
find a better life abroad. After six
years of studying and working part-time jobs, Cristian Diaga, 24, will soon
graduate from medical school in Caracas, Venezuela. But instead of continuing
his training in a top hospital in the country, as he had hoped, he is taking a
job in a fast-food restaurant in Argentina – a situation he says is preferable.
But it’s not as though many of Diaga’s relatives still live in the country –
the majority have fled to Argentina by road through Brazil. And soon he will
join them. More than half of Venezuelans between 15 and 29 want to move abroad
permanently, according to a poll carried out by the US firm Gallup and shared
exclusively with the Guardian. Shortages of medicines are well-documented in
Venezuela, with patients often having to buy prescriptions and basic medical
supplies using contacts abroad and risk having them sent over or purchasing at
highly-inflated prices on the black market. But many are going without. As is
often the case when official channels dry up, black market trade booms.
Ordinary people left with no other choice are turning to unofficial channels,
with many taking advantage of the demand for drugs to supplement their meager
wages. Serina Moritz, 47, a senior doctor in a large public hospital in
Caracas, says that in her 20 years working in the profession the system has
never been under so much pressure. “Not
only do we not have medicines, even basics, but there is no blood as we cannot
run tests on it. For most of us we don’t know what to do. I know colleagues who
are leaving depressed,” she says. According to the Venezuelan Health
Observatory, a research center at the Central University of Venezuela in
Caracas, estimates that less than 10% of operating theatres, emergency rooms
and intensive care units are fully operational. It says 76% of hospitals suffer
from scarcity of medicines, 81% lack surgical materials and 70% complain of
intermittent water supply. “I will stay
but it is impossible for us to survive under this system … why would anyone
want to?” (The Guardian: https://www.theguardian.com/world/2018/apr/05/it-feels-like-were-all-dying-slowly-venezuelas-doctors-losing-hope)
Economy
& Finance
Bolivar is weaker than previously thought as
value plummets
Venezuela’s
currency is worth even less than previously believed, with new trackers of the
black-market rate showing deep discounts compared with the long-standing
benchmark gauge. Rates from DOLARTODAY.COM shows a rate of 251,000 bolivars per
US dollar but DOLARPRO says it is 30% weaker and puts the currency at a rate of
362,000 to the dollar and e-wallet AIRTM believes it is at 313,000 to the
dollar. Regardless of the different values the bolivar has been given, the
currency is still worth less than it was five years ago. During that time DOLARTODAY
has rated it to be 99.99% lower. As Venezuela has limited access to official
exchange markets, citizens are more reliant on these websites which track the
rate of the bolivar. In 2015, the Maduro government unsuccessfully tried to sue
DOLARTODAY for publishing artificially weaker rates to cause turbulence with
Venezuela. (Express: https://www.express.co.uk/finance/city/941930/venezuela-currency-bolivar-value;
Bloomberg, https://www.bloomberg.com/news/articles/2018-04-04/venezuela-s-currency-is-doing-even-worse-than-previously-thought)
Crypto rating
sites are already calling Venezuela’s Petro a scam
Two weeks
after Venezuela’s cryptocurrency scheduled sale date, many aspects of the Petro
remain a mystery and initial coin offering rating sites are already calling it
a fraud. Rating website ICOindex.com gave the token a "scam status," saying the project
was missing critical information, from the description of the mechanism to its
technology and supposed oil-backing. “We
can discourage people from wasting money on this project,” the site reads.
Another rating site, ICObench, rated the Petro 1.6 points out of
5. Other ICO raters, including CRYPTORATED and ICOreview, haven’t even bothered
to review the project, Criptonoticias reported.
(Bloomberg, https://www.bloomberg.com/news/articles/2018-04-03/crypto-rating-sites-are-already-calling-venezuela-s-petro-a-scam)
Maduro
regime must pay US$ 750 million more in debt this month
April is
another heavy month for Venezuelan debt payments. It must shell out US$ 756.3
million in 4 PDVSA and 4 government bonds that come due within the next few
days. Everything seems to indicate the payments will not be met. Congressman
José Guerra says that if the payments are not made, total payments in arrears
will rise to US$ 3.1 billion in default. More in Spanish: (El Nacional, http://www.el-nacional.com/noticias/economia/gobierno-debe-pagar-este-mes-mas-750-millones-deuda-externa_229476; Noticiero Venevisión, http://www.noticierovenevision.net/noticias/economia/jose-guerra-advirtio-que-venezuela-entraria-en-default-en-caso-de-no-pagar-deuda)
Politics
and International Affairs
Member of Presidential candidate campaign wounded
in Venezuela, Falcón vows to continue
Venezuelan
opposition candidate Henri Falcon denounced on Monday an attack on him during
an event in the country’s capital in which a member of his campaign team was
severely injured in addition to multiple thefts and assaults taking place. Lawmaker
Teodoro Campo received a head injury shortly before the end of the campaign
event in Caracas, from a blow apparently inflicted by a steel object, and was
admitted to a military hospital where he is under observation, Falcon said. At
a press conference shortly after the incident, Falcon said that the attack was
carried out by a group of 30 people carrying knives. He also suffered a wound
to the head when he tried to defend the journalists present from whom the
attackers attempted to steal cameras and other equipment. President Nicolas
Maduro said on Tuesday that 17 people had been detained for an attack on a
rival presidential candidate’s campaign, but the leftist leader rejected
accusations that pro-government thugs were to blame for the unrest ahead of the
May vote. Falcón vowed to remain in the streets, and criticized opposition
groups that are boycotting the upcoming election saying: “Some of them say they have plans for the nation, I haven’t heard them,
the Lima Group is not going to solve our problem for us, neither will a
military coup”. (Latin American Herald Tribune, http://www.laht.com/article.asp?ArticleId=2453878&CategoryId=10717;
Reuters, https://www.reuters.com/article/us-venezuela-politics/venezuela-detains-17-over-attack-on-opposition-candidates-campaign-idUSKCN1HB03W;
and more in Spanish: El Universal; http://www.eluniversal.com/politica/5188/falcon-pesar-ataque-seguire-calles-pais)
Peru to Maduro: You're still not welcome at
Summit of Americas; Maduro says meeting is not his priority
Peru’s new
foreign minister said on Tuesday that Venezuelan President Nicolas Maduro was still
not welcome to attend a regional summit in Lima next week, upholding a decision
by Peru’s disgraced former president. U.S. President Donald Trump and heads of
state from across the Western Hemisphere plan to travel to Peru for the Summit
of the Americas, which will celebrate the theme “democratic governance fighting corruption” from April 13-14. In his
first speech as Peru’s foreign minister, Nestor Popolizio said Peru’s decision
not to invite Maduro to the event reflects the view of a dozen countries that
have been pressuring Venezuela to hold free and fair elections. Maduro’s
refusal to heed calls for democratic reforms “negates even the slightest notion of democracy and represents an
insurmountable impediment to taking part in the Summit of the Americas,”
Popolizio said before a crowd of diplomats and journalists in the foreign
ministry. “This is a firm decision that is not up for revision,” Popolizio
said. Maduro, who had vowed to attend come what may, is now saying that going
is not among his “priorities” and
called the meeting s “waste of time”
and a “failure”. He adds that he
knows what the “Peruvian people are going
to do, because they are calling to go out into the streets, and I know what for”.
(Reuters: https://www.reuters.com/article/us-peru-venezuela-politics/peru-to-maduro-youre-still-not-welcome-at-summit-of-americas-idUSKCN1HA2HS;
and more in Spanish: El Universal; http://www.eluniversal.com/politica/5198/maduro-prioridad-asistir-cumbre-americas)
France
and Argentina demand fair, transparent elections in Venezuela; Maduro slams
Macron
France and
Argentina have expressed concern for the Venezuelan crisis and called for
fairness in the upcoming snap presidential elections. French Foreign Minister
Jean-Yves Le Drian, said his nation demands “fair and transparent” elections that guarantee equality and he
Independence of election authorities. He warned that if there is no progress
France and its European neighbors would take Additional steps. French President Emmanuel Macron echoed this
call after meeting with former National Assembly President Julio Borges, former
Metropolitan Caracas mayor Antonio Ledezma, and Carlos Vecchio, an exiled
leader of “Voluntad Popular”. President
Nicolás Maduro responded that Macron is working on behalf of the world financial
oligarchy and is simply a spokesman for US President Donald Trump in attempts
to discredit Venezuela. More in
Spanish: (Noticiero Venevisión, http://www.noticierovenevision.net/noticias/internacional/francia-y-argentina-exigieron-a-venezuela-elecciones-justas-y-transparentes; http://www.noticierovenevision.net/noticias/politica/presidente-maduro-acuso-a-francia-aliarse-con-eeuu-para-desprestigiar-a-venezuela;
El Nacional, http://www.el-nacional.com/noticias/mundo/macron-presidenciales-venezuela-permiten-una-eleccion-justa-libre_229418)
González: “Zapatero
and I did not talk for half an hour on Venezuela”
Spain’s
former president and socialist leader Felipe González admitted yesterday his
discrepancies with the mediating work that the also former president of the
socialist Government José Luis Rodríguez Zapatero is carrying out in Venezuela.
“Dialogue just for the sake of dialogue
makes no sense, it only makes sense to solve problems”, González declared
during a joint press conference with the former president of the National
Assembly of Venezuela, Julio Borges; Caracas’s mayor in the exile, Antonio
Ledezma; and two leaders of Voluntad Popular, Carlos Vecchio and Lester Toledo.
“I completely disagree with this type of
dialogue that the only thing that does it to give time to the Government of
Venezuela”, he continued during the event, celebrated at Casa de América in
Madrid. In these moments, according to González, “the only thing that must be negotiated is the date of elections and
guarantees for these to be clean”, which entails that the presidential
election of 20 May “cannot be recognized”.
“I believe Nicolás Maduro when he says
that he will never again call elections to lose them, and I assure you that he
will honor that, that he will never hold elections with guarantees that he can
lose”, he explained in an ironic tone. Nevertheless, he pointed out, “I believe him in a way different to that in
which my colleague Zapatero believes him”. According to González, so far,
it has not been possible “to speak for
even half an hour” with Zapatero about Venezuela. “He knows my opinion perfectly, because it is in writing, but we have
not met, although I have offered him to do so”, he affirmed. In the same
press conference, Antonio Ledezma asked Spain and the EU to “reject the fraudulent process organized by
Maduro’s regime with the election of 20 May” and to tighten up and extend
the current international sanctions. The group met subsequently with the
president of the Spanish Government, Mariano Rajoy, who says Spain will have a
relevant role in resolving the Venezuelan crisis. Apart from Rajoy and
González, the Venezuelan delegation -which met President Emmanuel Macron the
day before in Paris met the Foreign Minister, Alfonso Dastis, yesterday and the
president of Ciudadanos, Albert Rivera. (The Diplomat: http://thediplomatinspain.com/en/gonzalez-zapatero-and-i-did-not-talk-for-half-an-hour-on-venezuela/)
Guyana wants ICJ to order Venezuela to withdraw
from Ankoko Island; stop scaring investors
Guyana has
asked the International Court of Justice (ICJ) to rule that Venezuela must
withdraw from Ankoko Island and stop harassing investors onshore and offshore
the Essequibo Region, that United Nations (UN) court said in statement. In its
case filed with The Hague-headquartered ICJ to settle the controversy over the
1899 Arbitral Tribunal boundary award, Guyana asked the court to adjudge and
declare that Venezuela must withdraw from Ankoko Island that it has been
occupying for the past 51 years. Venezuelan soldiers have been occupying the
eastern half of Ankoko, a three-square-mile island at the junction of the
Cuyuni and the Wenamu rivers, since 1966. As part of Guyana’s core request for
the ICJ to find that the Tribunal Award is a “full, perfect, and final settlement” of the boundary that was ““identified, demarcated and permanently fixed”
by a joint Anglo-Venezuelan Boundary Commission between November 1900 and June
1904, it also wants the Court to order Venezuela to cease scaring away
investors from the Essequibo Region. After that exercise, the United Kingdom,
on behalf of then British Guiana, and Venezuela had signed a Joint Declaration
in 1905 agreeing to the demarcated boundary.If Guyana gets its way, that
principal UN judicial organ will also have to adjudge and declare that
Venezuela is internationally responsible for violations of Guyana’s sovereignty
and sovereign rights, and for all injuries suffered by Guyana as a consequence.
The ICJ is also being asked to rule that Guyana enjoys full sovereignty over
the territory between the Essequibo River and the boundary established by the
1899 Award and the 1905 Agreement, and Venezuela enjoys full sovereignty over
the territory west of that boundary. Guyana submits that the Geneva Agreement
authorized the United Nations Secretary-General to decide which appropriate
dispute resolution mechanism to adopt for the peaceful settlement of the
dispute, in accordance with Article 33 of the United Nations Charter. (Demerara Waves: http://demerarawaves.com/2018/04/05/guyana-wants-world-court-to-rule-that-venezuela-must-withdraw-from-ankoko-island-stop-scaring-investors/)
Exiled jurists hear graft claims against Maduro
A group of
exiled jurists has met in Colombia's capital to hear corruption allegations
against Venezuelan President Nicolas Maduro, launching a largely symbolic
process that could tarnish the embattled socialist leader's reputation. The
jurists known as the "Supreme Court
in Exile" met at Colombia's congress Tuesday to review accusations
linking Maduro to Brazilian construction firm Odebrecht, which has acknowledged
paying bribes in many countries. The case was brought by ousted Venezuelan
Chief Prosecutor General Luisa Ortega. The judges where appointed to
Venezuela's Supreme Court last year by the country's opposition-controlled
Congress, but weren't able to take office. Maduro accused them of treason,
prompting them to flee Venezuela. The group of 32 judges has sought asylum in
Colombia, Panama and Chile, where they have continued to issue decisions on
Venezuela's affairs. (New Zealand Herald: http://www.nzherald.co.nz/world/news/article.cfm?c_id=2&objectid=12025566)
Durbin visits
Venezuela for talks with government and opposition
U.S.
Senator Dick Durbin is in Venezuela to meet with government and opposition
leaders, his spokesman said. Durbin, of Illinois, is the second-ranking
Democrat in the Senate. His spokesman, Ben Marter, said he wouldn’t comment on
the agenda or the purpose of the trip. President Donald Trump’s administration
is weighing whether to ratchet up sanctions against Venezuela, and officials
have said that could include banning oil imports from and exports to the
nation. Meetings are planned this month between Treasury Secretary Steven
Mnuchin and his counterparts from the European Union, Canada, the U.K. and many
Latin American countries to coordinate efforts to tighten economic pressure on
President Nicolas Maduro’s government. Durbin is in Venezuela to push for the
release of a Utah man, Joshua Holt, who has been jailed in Caracas for nearly
two years on what the U.S. considers trumped-up weapons charges. The senator
also planned to deliver a stern message to Maduro that he must guarantee
upcoming the presidential election will be free and transparent. (Bloomberg, https://www.bloomberg.com/news/articles/2018-04-04/durbin-is-in-venezuela-for-talks-with-government-and-opposition;
CBS: http://dfw.cbslocal.com/2018/04/05/texas-republican-secret-peacemaking-trip-venezuela/)
Texas Republican made secret peacemaking trip
to Venezuela
Texas
Republican congressman Pete Sessions quietly visited Venezuela this week and
met with President Nicolas Maduro at the invitation of the socialist government
in a peacebuilding mission that has raised some eyebrows in Washington. It’s
not clear what prompted the previously undisclosed visit by the Dallas
congressman to the politically turbulent nation. Caroline Booth, a spokeswoman
for the congressman, said it was related to work Sessions has done over the
past year as an intermediary to resolve issues in Venezuela, but she declined
to elaborate. She added that as chairman of the powerful House Rules Committee
he routinely works to ensure countries adhere to international standards and
the rule of law. The two-day trip came as Maduro’s government is making a full-court
press to prevent the Trump administration from imposing crippling oil sanctions
on the OPEC nation for what the United States considers Maduro’s flaunting of
human rights and democratic norms. A U.S. official said the private trip was
not taxpayer funded and that Sessions had received a letter of invitation from
the Venezuelan government and met with Maduro. He said State Department
officials played no role in organizing the trip, which ended Tuesday and added
that they were not invited to sit in on Sessions’ meetings as they were by Sen.
Dick Durbin, the No. 2 Democrat, who arrived in Caracas on Wednesday for his
own meetings with Maduro and government officials. Sessions doesn’t have other
obvious links to Venezuela, besides writing a letter in 2004 to the country’s
banking regulators in support of financier Allen Stanford, a former Sessions
donor who in 2012 was convicted in Texas and sentenced to 110 years in prison
for running a $7 billion-plus Ponzi scheme. Sessions has been in Congress since
1997, representing a wealthy Dallas district that is home to CITGO, a wholly
owned subsidiary of Venezuela’s state oil company. Last year, several of the
company’s executives, including five who hold U.S. passports, were arrested by
Venezuelan authorities in a corruption investigation that critics say is
politically motivated. (The Washington Post: https://www.washingtonpost.com/politics/congress/texas-republican-made-secret-peacemaking-trip-to-venezuela/2018/04/05/4f26548c-3922-11e8-af3c-2123715f78df_story.html)
Maduro mourns conviction of Brazil’s Lula as
Socialists lose grip on Latin America
Venezuelan
socialist dictator Nicolás Maduro mourned a court order allowing for the
imprisonment of former Brazilian president Luiz Inácio Lula da Silva on a
12-year prison sentence for corruption. Brazil’s Supreme Court ruled early
Thursday morning that Lula, 72, must begin his sentence after they rejected his
habeas corpus petition by six to five following a marathon session watched by
millions of people. “Not just Brazil, the
whole world embraces you @LulapeloBrasil,” Maduro wrote on Twitter,
accompanied by a photo of Lula hugging his supporters. While in office from
2003 to 2011, Lula developed a close alliance with the administration of former
Venezuelan dictator Hugo Chávez, as well as other left-wing leaders across the
region such as Argentina’s Cristina Fernández de Kirchner, Bolivia’s Evo
Morales, and Cuba’s Raúl Castro. The upholding of Lula’s conviction will,
therefore, come as another blow to the Maduro regime, which is finding itself
increasingly isolated as neighboring countries and international bodies condemn
its egregious human rights violations and its war on Venezuela’s democratic
institutions. (Breitbart: http://www.breitbart.com/national-security/2018/04/05/maduro-mourns-lulas-imprisonsment-as-socialists-lose-grip-on-latin-america/)
Maduro regime arrests five cops for jail fire
that killed 68
Five
members of the Carabobo state police have been arrested and were charged with
murder Wednesday after a jail fire in the Central Venezuela city of Valencia in
which 68 inmates and prison visitors were killed. The deputy director of POLICARABOBO,
Jose Luis Rodriguez and agent Jose Antonio Loaiza are charged with qualified
murder seeking profit (“dolo” in
Spanish), denying help to those in distress, smuggling firearms and ammunition
inside the jail, located in police headquarters, as well as with “inherent corruption”, the Supreme Court
explained in a series of tweets and web postings Wednesday morning, reporting
after an arraignment hearing in the city of Valencia. Three other POLICARABOBO
officers -- Jose Rafael Colina, Sergio Enrique Rodriguez and Anibal Antonio
Padron Pacheco -- were charged solely with “inherent
corruption”. (Latin American Herald Tribune, http://www.laht.com/article.asp?ArticleId=2453946&CategoryId=10717)
Maduro mocks fleeing Venezuelans as “toilet cleaners in Miami”
Embattled
Venezuelan head of state Nicolas Maduro disparaged Tuesday millions of
Venezuelans fleeing starvation in the once oil-rich nation, calling them “toilet cleaners in Miami”. The
Organization of American States (OAS) and Caracas-based consultancy firm
Consultores 21 estimate that between 4 to 4.1 million Venezuelans have left the
country since the beginning of the "Bolivarian revolution" in 1999.
About 1.6 million of those who have left have done so since 2013, the year Maduro
was first elected. The “toilets in Miami”
became the theme of Maduro’s televised speech Tuesday: he kept repeating it at
least three times, in a cavalier, off hand manner. (Latin American Herald
Tribune, http://www.laht.com/article.asp?ArticleId=2453879&CategoryId=10717)
The following brief is a synthesis of the news as reported by a variety
of media sources. As such, the views and opinions expressed do not necessarily
reflect those of Duarte Vivas & Asociados and The Selinger Group.
