Venezuela is a brutal lesson to the UK’s socialist apologists November 28, 2018 I know it is very hard to believe, but at some point we shall stop talking about Brexit. We shall get back to discussing what we can do to improve our lives and those of others. And we shall look for inspiration from other countries to learn lessons from catastrophic failures or discover truly amazing [...]
Trump ramps up the pressure on Venezuela with fresh sanctions November 1, 2018 US President Donald Trump today turned up the heat on Venezuelan leader Nicolas Maduro, signing an executive order to place new sanctions that will affect the country’s gold exports. The order bans anyone in the US from engaging with people or businesses involved in “corrupt or deceptive” Venezuelan gold sales, which Trump believes had been used [...]
Theresa May and Boris Johnson were both in the shadow of Jeremy Corbyn at the Conservative conference October 3, 2018 Inevitably, Theresa May's speech was always going to be judged alongside her disastrous efforts this time last year. Twelve months ago she lost her voice and the stage fell apart, but even from that low bar her address in Birmingham was a successful outing for the PM. She also survived the alternative leader speech given by Boris [...]
Credit Suisse blasted by Swiss watchdog for corruption failings September 17, 2018 Credit Suisse has been slammed by the Swiss banking watchdog for “deficiencies” in its anti-money laundering procedures in connection with suspected corruption at football body FIFA. Swiss Financial Market Supervisory Authority (Finma) said today it had concluded two enforcement procedures against the bank. The first uncovered “deficiencies in the bank’s adherence to anti-money laundering due [...]
UK exports: Venezuela is the riskiest place in the world to do business – while Norway is the most resilient March 31, 2015 Expanding abroad is a big step for any business – and that's without added risks from geopolitical instability and dodgy dealers, not to mention natural hazards. Now a new "resilience index" by property insurer FM Global has identified the riskiest places in the world to do business – taking into account factors ranging from corruption, [...]
Venezuela: No hope on the horizon March 9, 2015 In its sixteen years under the Chavista regime, Venezuela never had it worse than it has had in the last three months. For years, stories have circulated about rigged elections, brutal responses to public demonstrations, disregard for the rule of law, and growing poverty and scarcity. However, since the death of Hugo Chavez and the [...]
Venezuela to install 20,000 fingerprint scanners in supermarkets as shortages take their toll March 9, 2015 Venezuela is planning to roll out 20,000 fingerprint scanners across the country in a desperate bid to prevent citizens from hoarding and panic buying. President Nicolas Maduro is an enthusiastic supporter of the programme that was mooted last year and received withering criticism. Venezuela has been running short of basic goods like toilet paper, soap [...]
No sex, no French fries and lots of queues: Venezuela tops the world’s misery index for 2015 March 3, 2015 Ukraine, Greece and Spain are the most depressed countries in Europe – but all the world's economies are outshadowed by the gloomy Venezuelans, which have topped the misery index for a second year running. It should perhaps come as no surprise that Venezuela's population is so unhappy – people have been taking to the streets [...]
Venezuela locks up businessmen for “conspiring” to create long queues in effort to undermine government February 2, 2015 Venezuela's increasingly erratic President Maduro has announced that business owners of an unnamed chain of shops have been arrested for purposely creating long queues. Long lines outside retailers have become one the hallmarks of Venezuela's economic problems, accompanied by soaring inflation and empty shop shelves. Maduro accused business leaders of "conspiring" against the people and [...]
Venezuela McDonald’s has had its chips as it battles US action January 7, 2015 FAST food giant McDonald’s has run out of french fries at its Venezuelan restaurants. The company has blamed contract disputes with dock workers for halting the export of frozen fries from the US to Venezuela. One City worker who hails from Venezuela told City A.M. that although he was dismayed by the news that McDonald’s [...]