GM Ceases Operations in Venezuela Following Government Seizure of its Plant
Following the government’s confiscation of its parts plant, General Motors announced on Wednesday it was ceasing all operations in Venezuela. The company said...
South America
Venezuela’s Supreme Court Seizes, Then Yields Legislative Power
Under pressure from both domestic and international sources, Venezuela’s Supreme Court reversed its recent decision to transfer all legislative powers from the country’s...
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Venezuela’s Marxist Dictator Orders Arrest of Bakers Making Croissants
Venezuela's leader Nicolas Maduro inherited an incredible bread machine, and has done everything in his power to demolish it. ...
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Brazil Continues to Stagger as Economy Slows, Corruption Probe Expands
Operation Car Wash in Brazil has, over the last three years, uncovered massive corruption and sped the country's decline. Unfortunately, the investigation has...
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Dictator Alliance Demands UN Tax Agency for “New World Order”
The world's largest alliance of Third World dictators and governments, known as the Group of 77 (G77) plus China but composed of more...
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Venezuela’s Dictator Fires Head of Central Bank; Inflation at 1,600 Percent
Venezuela’s Marxist dictator Nicolas Maduro fired Nelson Merentes, head of the central bank. Maduro refuses to place the blame for Venezuela's collapse on...
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Thanks to Socialism, Venezuelan Parents Giving Up Children They Can’t Feed
Unable to feed their children, poor Venezuelans are increasingly turning their children over to others as the nation reels from years of socialism....
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Maduro’s Christmas Presents to Venezuela: Forced Sales, Stolen Toys
Venezuela's socialist president, Nicolas Maduro, is forcing businesses to offer Christmas sales and confiscating toys from warehouses to redistribute to children. ...
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Venezuelan Currency Lost Half Its Value in November
Bloomberg reported last Thursday that Venezuela’s currency — the bolívar fuerte or “strong bolivar” — has lost 45 percent of its purchasing power...
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Multi-nationals Are Leaving Venezuela, Selling Out at Fire Sale Prices
Multi-national companies, such as Oreo cookie maker Mondelez International and Kimberly-Clark, have given up on Venezuela and its leader, Nicolas Maduro, and are...
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Venezuela’s Congress Calls Maduro’s Blocking of Recall Vote a “Coup”
The economic chaos in Venezuela turned political on Sunday. When President Nicolas Maduro’s National Electoral Council (CNE), packed with his cronies, declared attempts...
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Venezuela’s Collapse: Horror Beyond Belief
The dire situation in Venezuela, as it succumbs to years of socialist mismanagement, almost defies description. ...
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Brazil’s Former President Lula to Stand Trial in Third Corruption Case
Like other well-known politicians, Lula's corruption, dating back at least a decade, is finally being exposed. ...
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Brazil’s Oil Company Shrinks Following Operation Car Wash Scandal
Brazilian investors, putting hope once again over experience, have doubled the price of the preferred stock of the Petrobras oil company since January,...
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Brazil’s Former President Charged in Petrobras Scandal
The Lula cancer is finally being excised. Whether Brazil will heal remains an open question. ...
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