by John Phelan Venezuela is in a state of turmoil. After 20 years of the United Socialist Party of Venezuela (Partido Socialista Unido de Venezuela, or PSUV), its economy is collapsing. As Venezuelans have tried to vote the PSUV out of office, its leader, Nicolás Maduro, has responded by…
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by Michael Bastach When Juan Guaido launched his coup attempt, oil markets didn’t do what they typically do in the face of supply threats. Instead, markets largely shrugged off Venezuelan unrest instead of sending prices soaring. That’s because of two factors: mismanagement by Venezuela’s socialist government and the U.S. energy boom.…
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U.S. Secretary of State Mike Pompeo said Wednesday the United States is prepared to intervene militarily to stem the ongoing unrest in Venezuela. “Military action is possible,” the top U.S. diplomat told the Fox Business Network. “If that’s what’s required, that’s what the United States will do.” However, he…
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by Evie Fordham The U.S. will impose even more sanctions on Venezuela after recognizing the rival of socialist dictator Nicolas Maduro as the country’s leader in January, Vice President Mike Pence announced Friday at Rice University in Houston. The U.S. is targeting 34 vessels owned or operated by the…
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The United States is prepared to pump U.S. dollars into Venezuela to fortify the economy if President Nicolas Maduro leaves, the top White House economic advisor Larry Kudlow said Wednesday. Kudlow told reporters that Washington is already working with banks and the International Monetary Fund on a rebuilding plan to…
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by Anna Paulina The “new” socialism that is rapidly gaining adherents within the Democrat Party bears a striking resemblance to the totalitarian ideology that just drove oil-rich Venezuela to the point of mass starvation. They might not even realize it themselves, but beneath the facade of Representative Alexandria Ocasio-Cortez’s…
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Trump administration stands with the U.S.-recognized interim president of Venezuela, Juan Guaido “100 percent,” Vice President Mike Pence said Monday as he announced new financial assistance for the Venezuelan people. “We stand with you, and along with all the nations gathered here today, we will keep standing with you until…
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The White House says President Donald Trump reinforced his “strong support” for efforts to restore democracy in Venezuela during a conversation Wednesday with opposition leader Juan Guaido, who has proclaimed himself as the country’s president. White House Press Secretary Sarah Sanders said Trump and Guaido also committed to maintaining “regular…
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by Barry Brownstein History provides endless examples of vicious despots ruling under various collectivist ideologies. Hitler, Mao, Stalin, Pol Pot, and – today – Kim Jong-un and Nicolás Maduro may have had different names for their collectivist ideologies, but they have resulted in the deaths of countless millions of people and endless misery…
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