Maduro Orders Army Into The Streets Ahead Of “Mother Of All Protests”

 

With the world’s attention focused on Syria and North Korea in recent weeks for obvious reason, another geopolitical hotspot is on the verge of eruption. According to AFP, after weeks of increasingly more violent protests, Venezuelan President Nicolas Maduro has ordered the army into the streets as the insolvent nation braces for what the opposition has vowed will be the “mother of all protests” on Wednesday.

Maduro, who recently backed down from a bid to usurp supreme power after a Supreme Court decision left the local Congress powerless, only to reverse itself following furious blowback even from his own party, has faced violent protests over recent moves to tighten his grip on power, and ordered the military to defend the leftist “Bolivarian revolution” launched by his late mentor Hugo Chavez in 1999. Continue reading

‘The people’ turn on Venezuela’s president, chase him through the streets

 

Fed up with what socialism has wrought in their country, angry Venezuelans on Sept. 3 chased President Nicolas Maduro through the streets during what was supposed to be a routine political event.

Maduro had traveled to Margarita Island off Venezuela’s northern coast to inaugurate a number of new public housing units and give a televised address during which he denounced his opponents’ demands that he step down from office, calling them “vampires”. Continue reading

Venezuela One Step Closer To Referendum To Vote Out President Nicolas Maduro… Hunger Still Looms

On Friday, Venezuelan opposition announced its victory in gathering enough petition signatures to approve referendum that could overturn the decision to elect President Nicolas Maduro, according to a release by the Havana Times. After a week of validating signatures, opposition leader, Henrique Capriles reported that the opposition, which required almost 196,000 votes or one percent electoral rolls in each of the 24 regions to call for the referendum, exceeded the goal with a total of 409,313 voters.

“The national validation total, despite the obstacles and the excluded, is 409,313 signatures. The recall vote will be in 2016.”

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China eyes post-Chavez oil axis

China is set to overtake the United States as the world’s largest importer of oil this decade. While the expansion of China?’s economy has slowed from a breakneck 10% yearly rate to a still-formidable 7% per annum, the economic metamorphosis of the Middle Kingdom is having huge impacts on global energy markets.

The growing ranks of China’s middle class increasingly aspire to a lifestyle – and level of consumption – that approximates the patterns of their counterparts in the world’s richest countries. The death of Venezuelan president Hugo Chavez has further highlighted China’s need for the lifeblood of a modern economy and the economic and geopolitical threats China’s dependence on imported energy hold for the leadership in Beijing.  Continue reading