Ecuador: Moreno’s Government Sacrifices The Poor To Satisfy The IMF

By Wilma Salgado, Council on Hemispheric Affairs. October 13, 2019 Ecuador’s President Lenin Moreno has been cutting government spending since signing an Extended Fund Facility (EFF) agreement with the International Monetary Fund (IMF) in February of this year. This policy has benefited multinational corporations, the banks, and in general, powerful economic groups at the expense of the middle and working classes,[…]

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Venezuela’s CITGO in Danger as Maduro Seeks Debt Renegotiation

From Venezuelanalysis.com, October 2, 2019 Edited and with additional reporting by Lucas Koerner from Philadelphia. Caracas – A US court has ruled that Canadian mining giant Crystallex can move forward in seizing assets from Venezuelan oil subsidiary CITGO. The World Bank’s international arbitration tribunal awarded Crystallex US $1.4 billion in compensation for the 2008 nationalization of Las Cristinas gold mine[…]

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Venezuela Oil Production Continues Decline as China Cancels More Shipments

Caracas, September 12, 2019 (venezuelanalysis.com) Venezuela’s oil output has continued its downward trend according to figures from the Organization of the Petroleum Exporting Countries (OPEC). The latest report from the oil cartel detailed that, based on secondary sources, the Caribbean nation produced 712,000 barrels per day (bpd) in August, down from 755,000 in July. The numbers reported directly by state[…]

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Lula Tells the World He’s “Back in the Game” from Jail

“Lula is Brazil’s only Possible Factor of Stability” Meanwhile, fires rage in the Amazon and Brazilian President Bolsonaro has become a target of global indignation By Pepe Escobar, Global Research, August 28, 2019 Brazil has always been a land of superlatives. Yet nothing beats the current, perverse configuration: a world statesman lingers in jail while a clownish thug is in[…]

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120 Countries Defend Venezuela at the Non-Aligned Movement Summit in Caracus

Published on Resumen LatinoAmericano, July 20, 2019 The 120 Member States of the Movement of Non-Aligned Countries (NAM), approved on Saturday an official document ratifying their recognition to the government of the President of the Bolivarian Republic of Venezuela Nicolás Maduro Moros, reject any attempt to expel the South American country from the Organization of the United Nations (UN) and[…]

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NicaNotes: A Gringo in the Plaza: 40 Years of Sandinista Struggle

David Archuleta Jr., National Co-Coordinator AFGJ (Alliance For Global Justice), July 14, 2019 Not even the mosquito-rich Managuan heat could stop the onrush of Nicaraguans from every department in the country to the Plaza de la Fe. They came adorned with FSLN hats, #danielsequeda t-shirts, red and black on every possible accessory. Thousands came by bus, cramming every seat and[…]

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