More than 11 million Venezuelans voted today, electing 165 legislators to the national assembly and 12 to the Latin American Parliament, in 36,553 voting centres across the country. The PSUV won a majority of positions, but not the two thirds necessary for some decision making.
Suren reviews the inflammatory Sep 5th opinion piece by Harvard economist Ricardo Hausmann, titled Should Venezuela Default? The article caused interest rates on Venezuelan bonds to temporarily soar as investors balked at Hausmann’s calculated commentary regarding the nation he once served as planning minister, during Venezuela's era of neoliberal reign known as the 4th Republic.
By Cory Fischer-Hoffman- venezuelanalysis.com, Sep 22nd 2014
Just blocks away from the Presidential Palace, stands Llaguno bridge, the site of a massacre during the April 2002 coup briefly removing Hugo Chavez from Venezuelan office. Today, the bridge was filled with family members of the victims who were demanding answers and justice following the release of former Police chief Iván Simonovis.
In declarations to the country on Tuesday night, Venezuelan president Nicolas Maduro announced what he described as "a new stage of the revolution", consisting of five designated areas of reform and a full-blown cabinet overhaul.
In an effort to more easily facilitate structural changes within the government, all ministers have offered their resignations to Venezuelan president Nicolas Maduro, a development confirmed last night by Vice President Jorge Arreaza.
By Ali Rodriguez Araque - El Universal, Aug 11th 2014
Opposition-leaning Venezuelan newspaper El Universal interviewed Ali Rodriguez Araque recently, the current president of UNASUR, a top minister in the Chavez administration, and the next Venezuelan ambassador to Cuba. Rodriguez shares his thoughts on economic issues and the key future tasks of the Bolivarian project.