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Venezuela

  • Like the myth that the Earth is flat, the socialist conspiracy theory never dies

    March 6, 2019

    The idea that the Earth is flat is a rapidly growing trend on social media. The Flat Earth Society’s Twitter feed has the best part of 100,000 followers. The fact that the planet is a sphere has been known since at least the time of the ancient Greeks. The astronomer Eratosthenes demonstrated it with a simple [...]

  • It makes smart business sense to invest in the future of refugees

    February 27, 2019

    Amid scenes of refugees’ flight from Venezuela, it is easy to forget that the world’s largest refugee crisis remains Syria. And that’s why the UK-Jordan Conference in London tomorrow is so important. Jordan has generously provided refuge for more than 670,000 Syrian refugees fleeing their homes amid a brutal war. Its role in the stability [...]

  • Venezuelan opposition prepares to confront troops on border

    February 23, 2019

    Activists in Venezuela are preparing to confront troops on the country’s border attempting to block a plan to bring in humanitarian aid. Opposition volunteers in Brazil and Columbia are planning to help bring food and medicine into the country which has suffered an economic meltdown under the leadership of President Nicolas Maduro, Reuters reported. Read [...]

  • Options are running out for the man who destroyed Venezuela

    February 14, 2019

    It takes some front for a man who has presided over a double-digit recession for three successive years to claim that his country is being destabilised by a “gang of extremists” rather than his own inept economic performance. But that is exactly what Venezuela’s embattled President Nicolas Maduro did this week, when he stated that the [...]

  • Venezuela’s Nicolas Maduro calls for gold held in Bank of England to be returned

    February 12, 2019

    Venezuela’s embattled President Nicolas Maduro said yesterday that the Bank of England should repatriate the Venezuelan gold it holds in its vaults. “They have sequestered billions of dollars in gold in London that are ours – that is money to buy supplies, raw materials, food, medicines. They have sequestered $1.4bn [£1.09bn] for many months, that we [...]

  • Going for gold: How the Bank of England became a battleground of the Venezuela crisis

    February 10, 2019

    While tens of thousands of Venezuelans continued their revolt against the regime of discredited strongman Nicolas Maduro last week, a rather different form of protest popped up in the Square Mile. A group of far-left protesters, who counted Ken Livingstone and Labour MP Chris Williamson among their ranks, accused the Bank of England of “theft” [...]

  • Corbyn allies join protest at Bank of England demanding transfer of gold to Maduro regime

    February 7, 2019

    Two of Labour leader Jeremy Corbyn's most prominent allies joined a protest outside the Bank of England today, demanding that it release over £1bn worth of gold to the regime of Venezuela’s socialist strongman Nicolas Maduro. Members of Maduro's regime have laid claim to the country's gold reserves held at the Bank. Former Mayor of [...]

  • Opec exports to US fall to a five-year low as cartel cuts its output

    February 6, 2019

    US oil imports from Opec countries have dropped to five-year lows as the oil producing cartel cuts output, while US domestic production grows. Opec’s sales to the world’s biggest economy fell 22 per cent month-on-month and 37 per cent year on year, to 1.4m barrels per day, data from energy intelligence company Kpler shows. Read [...]

  • EU countries recognise opposition leader Guaido as president of Venezuela

    February 4, 2019

    The UK, France, Spain and Sweden have recognised opposition leader Juan Guaido as the interim president of Venezuela after a deadline for President Nicholas Maduro to call fresh presidential elections expired. British Foreign secretary Jeremy Hunt wrote on twitter: Nicolas Maduro has not called Presidential elections within 8 day limit we have set. So UK [...]

  • High-ranking Venezuelan general backs opposition leader as supporters rally in the capital

    February 2, 2019

    A Venezuelan airforce general has publicly declared his support for the self-declared interim president of Venezuela Juan Guaido as thousands of opposition supporters rally in Caracas. In a video circulating on Twitter today, General Francisco Yanez of the air force’s high command, said most of the armed forces already disavowed Maduro, who claims he is [...]

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