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Caribbean-Latin America
Death Toll from Venezuela Protests Rises to 43
2014-06-23
[AnNahar] At least 43 people have died in opposition protests against President Nicolas Maduro that began in February, a non-government group said Saturday after a student died from a bullet wound.

Alfredo Romero, who heads the Penal Forum group, said Josue Farias died in the western city of Maracaibo from a gunshot injury sustained during an anti-government protest nearly a month ago on May 29.

Farias was an accounting student at a Zulia state university.

Demonstrators have taken to the streets to march against rampant crime, runaway inflation and shortages of basic goods in the country with the world's largest proven oil reserves.

Government authorities have yet to add this latest death to its own official count of those who died in the sometimes bloody protests.

In their latest report on June 11, they counted 42 deaths and 873 people injured in the demonstrations that have decreased in intensity in recent weeks.

Efforts to resolve differences between the government and opposition through dialogue have faltered in the wake of the arrest of more than 200 students last month, when authorities demolished protest camps.

Venezuela, an OPEC nation, is struggling with inflation near 60 percent, as well as rampant crime and shortages of goods as basic as toilet paper, milk and sugar.

Most economic experts blame the South American country's problems on a decade of rigid currency and price controls, as well as rising debt, dependence on imports and stagnant growth.
Posted by:trailing wife

#14  More corpses, eh? And who says socialism always makes you run out of stuff!
Posted by: SteveS   2014-06-23 21:44  

#13  Thanks Snowy, got it.
Posted by: Shipman   2014-06-23 21:11  

#12  Shipman: referring to this.
Posted by: Thing From Snowy Mountain   2014-06-23 18:06  

#11  To be more exact Snowy, Venezuela is being run for the Castros benefit in particular and Cuba in general. It's shameless. Pretty much everyone here knows I have a major soft spot for the Cuban people, but their hanging on to the Venezuelan teat is killing them both.
Posted by: Shipman   2014-06-23 16:13  

#10  Shipman: if you look at Venezuela as being run for Russia's, China's, Saudi Arabia's and Iran's benefit rather than for Venezuela's, it makes more sense. Yes, it's screwed up for the Venezuelans, but they don't matter in the New Colonial World Order. As far as China's concerned, they got to resell Venezuelan oil at a couple thousand percent markup, and Russia/Iran/Saudi Arabia make money out of Venezuela's production being further crippled.
Posted by: Thing From Snowy Mountain   2014-06-23 15:33  

#9  Venezuela has massive, massive reserves of very, very heavy oil in the Orinco. This oil is not much lighter than bitumen and requires upgrading pretty much on the spot to travel. Upgraders are expensive has hell and maintenance heavy. So yeah, it's there, but no one will invest without a major change in government. Which means not in the next 100 years.
Meanwhile they will fuck up what medium weight oil they have, by deferring maintenance until such a time as is politically and financially feasible. which means not in the next 100 years. The Chinese are starting to understand the game and not loaning any cash except under credit cards terms. This is the absolute perfect case of screwing up a piss-up in a brewery.
Posted by: Shipman   2014-06-23 14:19  

#8  i've no idea, BA. it's not the kind of thing I pay close attention to, caring only that we become less dependent on those who use our money to finance terror. But I'm sure there are those here who do know and will tell us. :-)
Posted by: trailing wife   2014-06-23 14:03  

#7  True that, TW. I knew we (the U.S.) was on the rise, but is that statement true based upon the "previous" rankings? Or is it shoddy news work?
Posted by: BA   2014-06-23 13:52  

#6  It might now actually be the U.S., BA. With fracking and new explorations, even China is getting into the game.
Posted by: trailing wife   2014-06-23 13:05  

#5  in the country with the world's largest proven oil reserves.

Is this true? I'd always thought it was Saudi....
Posted by: BA   2014-06-23 10:16  

#4  The country's problems have nothing to do with socialist leaders, no siree!
Posted by: Raj   2014-06-23 09:11  

#3  A link to a Bloomberg Article on same.
Posted by: Shipman   2014-06-23 08:55  

#2  Protests are slowly fading out. A group of economic pragmatists have just gained power and vow to united the various currency regimes. We'll see. Imports down, bonds up. Maduro might be able to squeak by.
Posted by: Shipman   2014-06-23 08:47  

#1  Thunderous silence of western MSM.
Posted by: g(r)omgoru   2014-06-23 02:02  

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