-
RSS Follow Become a Fan

Recent Posts

75-Years-Later - Another Defining Time Before the United Nations
No Escape from Crossing Fate - Trump's Inescapable Responsibility for the Spread of COVID-19 in the U.S.
Humanity - Today's Dilemma and Events and the Choices Toward a United Peaceful Tomorrow
A Forged Normalization - Flawed in the Absence of an Independent Palestine
"Apocalyptic" Conditions of Climate Change - the United States Western Wildfires

Most Popular Posts

Mourn with Moore
On Partnerships of Conflicting Ideologies as a Force Shaping Extremism
DC Linktank
The World in 2014 - Asia
From This Point

Categories

Elections 2013
Friends in Business
Gun control
Immigration Reform
In America
Natural Disaster
test
The World
Towards 2014

Archives

September 2020
August 2020
July 2020
June 2020
May 2020
April 2020
March 2020
February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013

powered by

My Blog

Venezuela Could Explode at any Moment

As Venezuelan President Nicolas Maduro threatens to take over idle factories and jail the owners in light of a deepening economic and political crisis in the oil-rich South American nation, Venezuela's opposition is warning that the country could explode at any time.

Venezuela is slipping deeper into economic and political uncertainty brought to wrought by years of socialist economic mismanagement, a current drought, falling oil prices and the totalitarian actions of the current regime that has sought to stifle all opposition while jailing many dissenters. Food and basic home supplies are scarce in the oil-rich nation. Energy blackouts have become common place. Some Venezuelans have resorted to looting and plundering food and supplies.

Maduro has blamed all others except himself and his regime for Venezuela's woes. On Friday Maduro gained expanded powers for 60 days to act in the face of a deep economic crisis. With his new decree, the socialist leader has threatened to take over closed factories and jail the owners. But economic tides have pushed many Venezuelan factories to close. The largest food and beverage distributor, Empresas Polar, according to the Associated Press(AP), shuttered its last plant last month citing an inability to access hard currency to purchase raw materials.

But Maduro has claimed that such actions amount to an economic war by the "bourgeoisie" to force him from power. Yet, a recall petition of the president by the opposition which gathered 1.8 million signatures, remains stalled before the National Election Council in Venezuela with Maduro's ally, Jorge Rodriguez, promising that the referendum will not take place.

In response to Maduro and his accomplices, opposition leader Henrique Capriles has warned: "If you obstruct the democratic way, we do not know what could happen in this country...Venezuela is a bomb that could explode at any moment," the AP reported.