Venezuela, Cuba, and Argentina Have the Highest Inflation in Latin America

Venezuela, Cuba and Argentina registered the highest inflation in 2022 compared to other Latin American countries, according to figures from the Economic Commission for Latin America and the Caribbean (ECLAC) and BCC reports .

The report covers the period between October 2021 and October 2022, where the highest growth of the index is led by the Caribbean country, which accumulates an increase in inflation of 146%, exceeding that of Argentina by more than 50 percentage points (87 8%), the second on the list, and Cuba, which ranked third with 34.2%.

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Biden Admin to Give Chevron Oil Pumping License in Venezuela: Report

The Biden administration is set to give Chevron Corp. a license to pump oil in Venezuela, according to The Wall Street Journal.

As part of the deal, Chevron would retain partial control of both production and maintenance for a select set of run-down oil fields it previously had stakes in with Petróleos de Venezuela SA, a state-run oil company in Venezuela, according to the WSJ, citing people familiar with the matter. The deal, which is contingent on certain debts being repaid, would also mean President Joe Biden is continuing to move away from sanctioning the socialist regime.

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Commentary: Karl Marx’s Gravest Miscalculation

I recently had occasion to re-read Karl Marx’s seminal Communist Manifesto. It had been nearly twenty years since my first reading of the text in graduate school and I remembered little beyond class antagonisms, Marx’s materialism, and the exploitation of the proletariat. But the ongoing crisis in Venezuela led me to once again reflect on the Socialist and Communist Philosophy underneath the unfolding crisis.

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Biden Admin to Expel Illegal Migrants from Venezuela, Provide Thousands of Others a Legal Pathway

The Biden administration will begin expelling some illegal migrants from Venezuela to Mexico, while giving 24,000 others a legal pathway to enter the country, the Department of Homeland Security (DHS) announced Wednesday.

U.S. border authorities will return Venezuelan migrants who cross illegally to Mexico; however, if they cross the border at a U.S. port of entry and meet certain requirements, including having a U.S. sponsor, they will be allowed to enter and apply for work authorization, according to U.S. Citizenship and Immigration Services (USCIS).

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Biden Turns to Communist Dictatorship for Oil After OPEC Slashes Production

The Biden administration proposed a deal that will ease sanctions on Venezuela, allowing Chevron to pump oil in the country after the consortium agreed to its largest production cut since the COVID-19 pandemic, The Wall Street Journal reported Wednesday.

The U.S. will unfreeze hundreds of millions of dollars of Venezuelan state funds held up in American banks and in exchange, the country will allow Chevron to produce oil on its lands, according to the WSJ, which cited sources familiar with the deal. The proposal comes after OPEC agreed earlier on Wednesday to cut oil production by two million barrels a day, a decision the White House called “shortsighted,” according to a statement.

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Biden Once Again Turns to Venezuela for Oil After Shutting Down U.S. Leases

The Biden Administration is reportedly set to announce that it will lift several sanctions and other restrictions on Venezuela, allowing for the purchase of oil from the socialist dictatorship.

As reported by The Daily Caller, two anonymous administration officials said that the federal government will soon ease up some of the energy sanctions against the Latin American country, and will allow the American oil company Chevron to enter into negotiations to purchase oil from the state-owned firm PDVSA. In return for the lifting of sanctions, dictator Nicolas Maduro has tentatively agreed to talks with opposition leader Juan Guadio, who has claimed that Maduro’s rule is illegitimate and that he is the rightful president of Venezuela.

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State Department to Waive Fees for Immigrants Denied Visas During Travel Ban to Reapply

The State Department will waive fees for immigrants seeking visas to come to the U.S. if they were previously denied one because of the Trump administration’s travel ban, according to a Wednesday announcement.

“An IV applicant who is the beneficiary of a valid immigration petition may submit another visa application after being refused and in most circumstances they are required to pay again the relevant application fees,” according to a Federal Register rule published Wednesday. “The Department exempts from such fees only those IV applicants who are applying again after being refused” a visa under the travel ban.

The ban prevented immigration from Iran, Libya, North Korea, Somalia, Syria, Venezuela and Yemen. President Joe Biden issued an executive order repealing the ban on his first day in office in January 2021.

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Amid U.S. Nuclear Talks, Iran Provokes by Firing Missiles, Inviting Venezuelan Leader for Visit

missile firing into the sky

Iran fired missiles in a provocation toward Israel and invited Venezuela’s socialist leader for a visit as it continued to antagonize the West in the midst of slow-moving negotiations to stop Tehran’s nuclear program.

The official IRNA news agency reported the Islamic Revolutionary Guard Corps fired 16 surface-to-surface missiles Friday at the end of five days of military drills in the desert, airing footage of the missile launches and suggesting it was a warning to Israel.

“These exercises were designed to respond to threats made in recent days by the Zionist regime,” Major General Mohammad Bagheri told the state television network.

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Attorney Lin Wood: Trump Will Be Inaugurated Based on Voter Fraud in Dominion Voting Machines

Attorney Lin Wood stated that the investigations into election fraud would clear the path for President Donald Trump to be inaugurated come January.

In an interview with The John Fredericks Show, Wood shared details of his Sunday night court victory. Initially, the court impounded all Dominion machines throughout Georgia. The court has since changed its order to reflect that only three counties would have their machines impounded.

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Venezuela Judge Convicts Six American Oil Execs, Orders Prison

Six American oil executives held for three years in Venezuela were found guilty of corruption charges by a judge Thursday and immediately sentenced to prison, dashing hopes of a quick release that would send them home to their families in the United States.

Some relatives had been bracing for the disheartening outcome, which came on the evening of Thanksgiving Day.

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Sidney Powell ‘Releases the Kraken’ in Georgia Lawsuit

Attorney Sidney Powell filed her “Biblical” lawsuit on Wednesday in Georgia, making good on her promise to “release the Kraken.” The defendants were named as Governor Brian Kemp, Secretary of State Brad Raffensperger, and State Election Board members David Worley, Rebecca Sullivan, Matthew Mashburn, and Anh Le. The lawsuit called into question around 146,600 votes at minimum.

The 104-page lawsuit claimed that Dominion Voting Systems (Dominion) engaged in virtual ballot-stuffing through its electronic voting software. It bolstered its claim by alleging that the software design was created to manipulate the Venezuelan elections of Hugo Chavez, and was designed in a way to hide vote manipulations from any audits.

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Smartmatic Voting Technology Firm Linked to Alleged Fraud in Elections in Philippines, Venezuela

Smartmatic, a voting technology company that Trump’s lawyers have called out from the Nov. 3 election, has been linked to allegedly fraudulent elections in the Philippines and socialist Venezuela, foreign outlets have previously reported.

Sidney Powell, President Donald Trump’s election lawyer, spoke to Fox News’ Maria Bartiromo on Sunday on the many legal challenges that are active in several states and concerns about Smartmatic and Dominion Voting Systems, The Tennessee Star reported.

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US Tries to Seize Iranian Gas Heading Toward Venezuela

U.S. federal prosecutors are seeking to seize four tankers sailing toward Venezuela with gasoline supplied by Iran, the latest attempt to disrupt ever-closer trade ties between the two heavily sanctioned anti-American allies.

The civil-forfeiture complaint filed late Wednesday in the District of Columbia federal court alleges that the sale was arranged by a businessman, Mahmoud Madanipour, with ties to Iran’s Revolutionary Guard Corps, a U.S.-designated foreign terrorist organization.

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Trump: ‘I Just Want to Get a Vaccine That Works,’ Touts Vaccine by End of Year; Trump Moves Signal Maduro Regime Now on the Clock

  Trump at the Lincoln Memorial President Donald Trump told Fox News anchor Brett Baier and Martha McCollum he expects a COVID-19 vaccine before the end of the year at Sunday night’s virtual town hall held at the Lincoln Memorial. “Look, a vaccine has never gone like it’s gone now,”…

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Commentary: The Big Red Fake News Machine

In the late 1990s, Latin America underwent a seismic shift away from its northern neighbor as a result of the domineering and interventionist policies of successive U.S. administrations dating back to the 19th century. This led to the 1998 election of Hugo Chávez Frias as president of Venezuela, and a chain reaction of similar governments of varying leftist ideological stringency coming to power in nations such as Nicaragua, Bolivia, Uruguay, Brazil, and Ecuador. 

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Eight Industries Venezuela Nationalized (Besides Oil)

Caracas, Venezuela

Venezuela has experienced one of the sharpest economic declines in modern history—rampant inflation, near-famine, and an exodus of millions of asylum seekers. Yet there remains disagreement over what caused it.

Many refuse to blame socialism, instead citing the collapse of oil prices, corruption, its abandonment of democracy, and other factors. If socialism did play a role, it was a small one, says Venezuelan writer Francisco Toro in the Washington Post, citing “a unique mix of circumstances, in which socialism is just one ingredient.”

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