Among the surest signs of a society in deep crisis are persistent blackouts, the inability of a government to supply its citizens with power adequately and consistently. Outages signify neglect of critical infrastructure, warped energy markets, and regulatory corruption. But … Read More
Two decades ago, Venezuela was a thriving country. Today, Venezuela is ranked 176th on The Heritage Foundation’s Index of Economic Freedom, just above North Korea. How did Venezuela fall from prosperity so quickly? How did socialist policies affect the nation’s … Read More
The first of five Iranian tankers has docked in the South American country. A worker of the Venezuelan state oil company PDVSA waves an Iranian flag as the Iranian-flagged oil tanker Fortune docks at the El Palito refinery in Puerto … Read More
PUERTO ORDAZ/MARACAIBO, Venezuela (Reuters) – Venezuelans reported paying above $2 per liter ($7.57 per gallon) for gasoline last week amid fuel shortages, one of the world’s highest rates and a dramatic reversal for an OPEC nation that long boasted of … Read More
Even Nancy Pelosi applauded his appearance at the State of the Union. Photo by: Leah Millis – Venezuelan opposition leader Juan Guaido waves as President Donald Trump delivers his State of the Union address to a joint session of Congress … Read More
Socialism is the leading man-made cause of death and misery in human existence. On the same day that Venezuela’s “democratically” elected socialist president, Nicolas Maduro, whose once-wealthy nation now has citizens foraging for food, announced he was lopping five zeros … Read More
Supporters of socialism have taken to suggesting that the human tragedy unfolding in Venezuela has nothing to do with socialism, rather it’s the result of the dictatorships of former President Hugo Chavez and his successor Nicolas Maduro. In their view, … Read More