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SHARE        Friday, August 22, 2008
Venezuelan Guayana Corporation insolvency brings 300 small- to medium industries to the brink of financial meltdown! Camcaroni estimates CVG and subsidiary debts to be in the order of at least Bs.F 300 million with each subsidiary having defaulted on an average of Bs.F 600,000 ($280,000) in payments ... some of which have remained unpaid for more than a year, largely affecting small- to medium industries, many of whom have had to default on state taxes, social insurance and other payments.

(2 comments) SHARE        Sunday, August 10, 2008
Industry & Mines Ministry's broken promises leave Venezuela's industrial Guayana region in terminal strangulation! Local newspaper reports say that Minister Sanz has been unable to deal effectively with a challenging crisis which has seen CVG subsidiaries decline to virtual paralysis with the follow-on result that the region is seeing the greatest degree of labor unrest, whereas--elsewhere in Venezuela,Caracas and Maracaibo--there is increased economic activity and security for the state-run corporation's workforce.

SHARE        Wednesday, December 10, 2008
It's all a matter of interpretation: Is President Chavez to impose himself as "dictator for life" on Venezuela? It's all a matter of interpretation: Since it was the first time that PSUV had engaged in ANY local and/or regional elections, it's clear that ANY electoral win could be seen as a gain from a starting point of zero; implying, of course, that the collection of other left-orientated parties that had previously held these States and municipalities had lost, inasmuch as they were basically back to zero...

(1 comments) SHARE        Wednesday, November 19, 2008
In next week's exciting chapter of the Las Cristinas Saga, does Mining Minister Rodolfo Sanz jump off the cliff's edge? I guess I was a trifle premature on Thursday, November 6 when I postscripted an article Phew! Another sweaty day in Caracas, Venezuela! What tremors will Friday bring... with "Do we wait for bated breath to discover what fantasies Reuters. Bloomberg, Dow-Jones et.al. will (mis)construe from THAT!"

(3 comments) SHARE        Friday, June 13, 2008
US$37,260 a day is 'peanuts' to Jimmy Carter compared to what it costs to keep 'El comandante' Hugo Chavez secure! The amount is 'peanuts' when compares with Secret Service expenditure-for-life on US ex-president Jimmy Carter and a reported $4 million a montth on Dick Cheney

SHARE        Sunday, November 9, 2008
Phew! Another sweaty day in Caracas, Venezuela! What tremors will Friday bring... A radio interview for 'La Voz de Guayana' (The Voice of Guayana) was most probably aimed at a very local audience in the remote southeastern State of Venezuela, but was picked up by rabid newshounds from Reuters and Bloomberg in Caracas with all the frailties of provincial communications that the wide open expanses of under-developed Venezuela inevitably brings with it.

(2 comments) SHARE        Thursday, September 10, 2009
It's quite amazing how the US media so readily allows itself to be manipulated! Why am I not surprised by the complete and utter distortions in the mainstream North American media over President Barack Obama's proposal to introduce a form of National Health Service that's been a long time coming to the United States?

SHARE        Friday, July 25, 2008
President Hugo Chavez Frias: Right on! Words well spoken -- now let us see the deeds! While I am not an aviculturalist and could scarcely be described as a culinary expert, the sage words of my mother come to mine that there are more ways than one to cook a goose. Another way of looking at it is that you can always say "Booh!" to a goose but you've got to be aware that it will generally respond with a hiss and a cackle that otherwise has no productive outcome.

SHARE        Wednesday, November 26, 2008
As Russian warships, Medvedev, visit Venezuela, the Maduro/Flores 'Rocky Horror Show' becomes tragi-comedy! As the Russian destroyer 'Admiral Chabanenko' was first to dock at La Guaira, ahead of the nuclear-powered cruiser 'Peter the Great', Medvedev's high profile visit marks an "interesting" alliance between the two oil producers and their common interest in deflating Washington DC ego-trippers in the eyes of the rest of the world.

(3 comments) SHARE        Sunday, August 3, 2008
London Mayor Boris Johnson blackballs Venezuela; insists sending back US$14 million to sever deal with Caracas The big upset in Venezuela-London relations came when Johnson defeated Livingstone at the polls and suspended the Venezuela agreement the minute he took office saying that Londoners should feel uncomfortable with the fact that their buses operate with discounted fuel from "a country where many people live in extreme poverty."

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