Venezuelan president Nicolas Maduro has approved five laws addressing corruption and state security on the last day of the enabling period of limited lawmaking powers granted to him by the National Assembly.
Venezuelan writer Luis Britto Garcia argues that even before we critique the misuse of dollars by Venezuela’s flourishing phantom companies, we must look at what legitimate transnationals are allotted the most dollars through the government subsidy, and what their offered services say about the government’s priorities.
By Z.C. Dutka- Various- venezuelanalysis.com, Aug 26th 2014
As international media plays its favorite old game of lambasting the Venezuelan government, long-time observers of the Bolivarian process may be wondering how much truth lies in the prime-time reports depicting empty shelves, long lines and charts showing catastrophic inflation. How precarious is Venezuela’s current economy and, more importantly, how much are the effects of this felt by the Venezuelan people?
Authorities arrested Valencia mayor and United Socialist Party of Venezuela (PSUV) member Edgardo Parra on Saturday for a range of corruption crimes. His arrest comes as the national government continues its campaign of “zero tolerance” of corruption.