By Victor Alvarez – Supuesto Negado , Aug 4th 2016
Venezuelan economist Victor Alvarez explores the roots of the country’s critical financial situation and the consequences of placing a moratorium on its external debt.
Eligio Cedeño, a banker given asylum by the U.S. after he fled Venezuela in 2009 due to charges of financial corruption, has shown up in the Panama Papers.
Venezuelan socialist congressman Diosado Cabello has urged journalists to release further names of those involved in the ground-breaking global corruption scandal known as the “Panama Papers”, accusing the country’s right-wing opposition of illicit dealings.
Venezuelan President Nicolas Maduro announced Monday the creation of the National Productive Corporation as part of new socialist enterprise system aimed at coordinating efforts among existing state, communal, and mixed firms.
Venezuelan authorities arrested 55 employees of the Abastos Bicentenario state supermarket chain Monday in the initial phase of a new anti-corruption operation aimed at the government-run food distribution network.
