U.S. Gears Up for War on Venezuela

Photo: Feb. 19 protest in Santo Domingo, D.R., against U.S. intervention in Venezuela. (Photo: Tony Savino / Socialist Action) by Jeff Mackler and Bruce Lesnick, Published on Socialist Action, March 5, 2019 The relentless U.S. imperial beast has embarked on a full-scale, openly declared, bipartisan regime-change war aimed at overthrowing Venezuela’s democratically elected government headed by President Nicolás Maduro. Top[…]

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Corporate Titans Target Venezuela

Venezuelans took to the streets in August 2017 in response to Trump’s comment that he would consider the “military option” against Venezuela. (Photo: PSUV) by John Lesnick, from Counterpunch, February 6, 2019 Ruling elites have united behind the Trump administration in its illegal, unjust and brutal attempt to meddle in the internal affairs of Venezuela. Democrats and Republicans alike have[…]

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Venezuela’s Monetary Revolution Vis-a-Vis Economic Sanctions

Venezuela’s President Nicolas Maduro holds a bank note of the new national currency, the ‘Bolivar Soberano‘ (Sovereign Bolivar). | Photo: Reuters by Nino Pagliccia, published on TeleSUR, August 8, 2018 Venezuela has undergone many challenges in the last 20 years since Hugo Chavez was elected president and continued after his death in 2013. The main reason is that Venezuela has[…]

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Venezuela crisis intensifies with default

by Wayne Delucca. originally published on Socialist Action Credit agency Standard & Poor has ruled Venezuela in default after the country missed $237 million in scheduled bond payments. This comes amidst an economic crisis with official inflation around 4000% and price increases well over 1000%. President Nicolás Maduro’s attempt to restructure is hindered by sanctions that stop U.S. banks from[…]

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