As always, many myths surround Venezuela. It’s truly the land of realismo mágico. Just the other day, I read an article in El Universal where Chavez claimed that thanks to him, Venezuela’s GDP has tripled.…
As usual, there are plenty of myths floating around when it comes to Venezuela. It is the land of magical realism. Just the other day, I was reading a story in El Universal where Chávez…
I must admit that Teodoro Petkoff has never been my favorite person. It might be due to my natural disposition towards individuals who achieve intellectual maturity after 45. Nevertheless, Teodoro is a figure of admiration…
“Money talks and bullshit walks,” goes the saying. Sir Frank Williams is quoted by the BBC saying, “Pastor has demonstrated that he is not only fast, but can also maintain a consistent and strong race…
“Money talks and bullshit walks,” is a saying that rings true. Sir Frank Williams was quoted by the BBC stating, “Pastor has proven he is not only quick but can also maintain a consistent and…
* UPDATE at the bottom. Recently, reports coming out of Venezuela confirm that officials in the regime of Hugo Chávez act with complete irresponsibility, above the law for all practical purposes. It all started when…
*UPDATE at bottom. Recently, reports from Venezuela confirm that officials from the Hugo Chavez regime are largely unaccountable, operating above the law. This began when Congressman Carlos Ramos disclosed a $29 billion budget deficit in…
The status of the alleged transfer, by the Central Bank of Venezuela (BCV), of a sovereign bond valued at $2 billion to Kellmar Ltd and Tony Caplin, is as follows. The president of the BCV,…
The current situation surrounding the alleged $2 billion sovereign bond transfer by Venezuela’s Central Bank (BCV) to Kellmar Ltd and Tony Caplin is quite complex. Nelson Merentes, the president of the BCV, has firmly stated…
Daniel writes to tell me I should provide a brief explanation of why this should be considered a scandal. I suppose the reason is that it’s simply not normal for a Central Bank to transfer…
Daniel reaches out to highlight the need for an explanation about why this situation should raise eyebrows. The main concern here is that it’s quite unusual for a Central Bank to hand over ownership of…
The congressman Carlos Ramos is now focusing his attention on the F1 team of Frank Williams. PDVSA, the Venezuelan state oil conglomerate, sponsors the Williams F1 team. Nobody in Venezuela – aside from a few…
Congressman Carlos Ramos is focusing on the Frank Williams F1 team, which is being sponsored by PDVSA, the state-owned Venezuelan oil company. Very few in Venezuela—except for a small group of chavistas—know the exact millions…
Congressman Carlos Ramos sent a letter to Isabelle Marand, VP of Corporate Communications at Gemalto, which was delivered to her office at 6 Rue de la Verreine, Meudon, France, on November 7, 2011, according to…
The letter from Congressman Carlos Ramos to Isabelle Marand, VP Corporate Communications at Gemalto, was delivered to her office at 6 Rue de la Verreine, Meudon, France, on November 7, 2011, as per La Poste:…