venezuelanalysis.com - Global Economic Crisis

Amid Contested Claims Over Shortages, Venezuela Reacts to News of Moderate Growth

sascha — Mon, 03 Jun 2013 22:13:51 +0000

The Venezuelan Central Bank reported a 0.7% growth of GDP in the first quarter of 2013, a figure that has garnered mixed reactions.

Venezuela Begins Return of Gold Reserves from Abroad to Central Bank

ewan — Sat, 03 Dec 2011 01:10:18 +0000

Last weekend Venezuelans welcomed home the first shipment of international gold reserves being returned to the country by the government of Venezuelan President Hugo Chavez.

Venezuela: 2012 Budget to Stimulate Jobs, Production & Social Services

ewan — Sun, 30 Oct 2011 15:43:56 +0000

Agriculture, infrastructure, and energy are just some of the main governmental sectors that will see a boost in funding next year according to Venezuela’s proposed 2012 budget revealed last week by Finance and Planning Minister Jorge Giordani.

President Chávez: Venezuelan Economy Keeps Strengthening Whilst Crisis Shakes the World

Rachael — Wed, 17 Aug 2011 02:16:20 +0000

According to Venezuelan president Hugo Chávez, the economic and political strategic alliances built and strengthened by Venezuela over the last 12 years will help the country to face the blows of the world economic crisis from a stronger position.

Venezuela Prepared for “Onslaught” of Global Economic Crises, says Finance Minister

Rachael — Fri, 12 Aug 2011 00:22:44 +0000

On Wednesday, Venezuelan Minister of Planning and Finances, Jorge Giordani, reiterated comments made by other members of the ruling socialist party that their country’s people and economy are largely protected from the global economic crisis thanks to the socio-economic policies of Venezuelan President Hugo Chavez.

UNASUR: Regional Cooperation Must Deepen in Face of Global Economic Crisis

greg — Tue, 09 Aug 2011 10:40:03 +0000

This past Friday, economic ministers from the Union of South American Nations’ (UNASUR) member states met in the Peruvian capital to discuss the current unstable economic climate in the U.S. and Europe.

The Eco-Socialist Alternative: Capitalist Destruction or New Civilization?

admin1 — Fri, 28 May 2010 21:36:46 +0000

Gustavo Fernández Colón - Another Green World

The most serious aspect of the crisis facing the global capitalist system is not the bankruptcy of financial corporations, or the global economic downturn, or the discrediting of its institutions of political control. It is the environmental crisis caused by the irrational destruction of nature, to the point of jeopardizing the ability of self-regeneration of the ecosystems on which our survival depends.

Currency Adjustment: Necessary, but is it Socialist?

admin1 — Fri, 22 Jan 2010 15:00:20 +0000

Gregory Wilpert - Correo del Orinoco International

If Venezuela wants to diversify its economy and export other products besides oil, an adjustment of the currency’s exchange rate was absolutely necessary. The understandable fear now is that this adjustment will mean more inflation and thus less purchasing power, which in theory would go against the socialist principle of improving the population’s standard of living.

Venezuelan Economic Measures Prioritise National Production

greg — Mon, 12 Oct 2009 15:05:10 +0000

The Venezuelan government announced a range of economic measures that focus on national investment and production in order to combat unemployment, create economic growth, and decrease inflation.

Venezuela: Economic Crisis Sparks New Measures, Structures

admin1 — Sat, 26 Sep 2009 00:25:10 +0000

Federico Fuentes - Green Left Weekly

Faced with the growing impact of the global economic crisis, Washington's intentions to establish seven military bases in Colombia and growing challenges in solving structural problems, Venezuelan President Hugo Chavez reaffirmed the need to build a new state.