Last June saw eastern Venezuela suffer terrible rains. They wreaked havoc in the most impoverished areas of Anzoátegui state.
My mind instantly traveled to November 2010. At that time, I was in the midst of my 360 hours of mandatory internship (part of journalism studies) in a Venezuelan media outlet. Even getting to work was a challenge, it looked like the sky fell on us every morning.
The days went on and the rains showed no sign of stopping. On December 1st, 2010, Chávez came out on a broadcast to declare a “state of national emergency” and immediately took to the streets to witness the scene first-hand.
That day was the first time I went to Antímano, a sector full of barrios and shacks in western Caracas that I knew nothing about. In fact, all I had heard was that close by, and in a very contrasting fashion, lay the famous and fancy-looking Andrés Bello Catholic University.
That day I also saw Chávez up close and personal. He arrived in a military jeep, picked up a baby named Samuel, asked about his dad, and was outraged to find out that the father had abandoned his child. He drove up and up and up into the barrio, got down from his car and continued on foot alongside the people in every sector. He asked questions, he listened, all while his bodyguards and ministers struggled to keep up.
https://venezuelanalysis.com/tales-resistance/15817
My mind instantly traveled to November 2010. At that time, I was in the midst of my 360 hours of mandatory internship (part of journalism studies) in a Venezuelan media outlet. Even getting to work was a challenge, it looked like the sky fell on us every morning.
The days went on and the rains showed no sign of stopping. On December 1st, 2010, Chávez came out on a broadcast to declare a “state of national emergency” and immediately took to the streets to witness the scene first-hand.
That day was the first time I went to Antímano, a sector full of barrios and shacks in western Caracas that I knew nothing about. In fact, all I had heard was that close by, and in a very contrasting fashion, lay the famous and fancy-looking Andrés Bello Catholic University.
That day I also saw Chávez up close and personal. He arrived in a military jeep, picked up a baby named Samuel, asked about his dad, and was outraged to find out that the father had abandoned his child. He drove up and up and up into the barrio, got down from his car and continued on foot alongside the people in every sector. He asked questions, he listened, all while his bodyguards and ministers struggled to keep up.
https://venezuelanalysis.com/tales-resistance/15817
Venezuelanalysis
God Was Missing but Chávez Went There - Venezuelanalysis
On Hugo Chávez's 69th birthday, Jessica Dos Santos reflects on Hugo Chavez's revolutionary legacy in Venezuela.
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Hugo Chávez was born on July 28, 1954. A brilliant politician and a social justice warrior, he became the leader of Venezuela’s Bolivarian Revolution, inspiring people from around the world to fight for love and equality.
On this day, we want to remember some of his lessons: https://twitter.com/venanalysis/status/1684916334193156096
On this day, we want to remember some of his lessons: https://twitter.com/venanalysis/status/1684916334193156096
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A coalition of LGBTQI+ and human rights organizations have rejected the criminalization of 33 men arrested during a raid on a private sauna located in Valencia, Carabobo state.
The arrests took place on Sunday, July 23, after the Bolivarian National Police (PNB) raided the Avalon Man Club, a bar sauna frequently visited by the LGBTQI+ community, where the 30 men, two masseurs and the owner were present. According to the local press, the police came after receiving a call from neighbors complaining of disturbances.
However, a family member of one detainee told the press that the sauna is not surrounded by houses but by other businesses that only open in the morning.
The police reportedly tried to blackmail the establishment owner by denouncing that an orgy was being filmed inside the place after finding condoms, private sexual videos on some phones, and five clients in towels using the sauna area. According to local sources, the Avalon Man Club receives contraceptive donations from LGBTQI+ collectives to give away to visitors.
https://venezuelanalysis.com/news/15818
The arrests took place on Sunday, July 23, after the Bolivarian National Police (PNB) raided the Avalon Man Club, a bar sauna frequently visited by the LGBTQI+ community, where the 30 men, two masseurs and the owner were present. According to the local press, the police came after receiving a call from neighbors complaining of disturbances.
However, a family member of one detainee told the press that the sauna is not surrounded by houses but by other businesses that only open in the morning.
The police reportedly tried to blackmail the establishment owner by denouncing that an orgy was being filmed inside the place after finding condoms, private sexual videos on some phones, and five clients in towels using the sauna area. According to local sources, the Avalon Man Club receives contraceptive donations from LGBTQI+ collectives to give away to visitors.
https://venezuelanalysis.com/news/15818
Venezuelanalysis.com
Venezuela: LGBTQI+ Groups Demand Justice for 33 Gay Men Arrested in
Human rights collectives are demanding justice after the arbitrary arrest and public humiliation of 33 LGBTQI+ men in a controversial case.
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The International People’s Tribunal on US Imperialism held a session in Caracas on Friday dedicated to unilateral coercive measures and their consequences on Venezuela.
The tribunal, which focuses on “sanctions, blockades and economic coercive measures,” brought a 14-person delegation to the Caribbean country. The team featured academics, lawyers and activists, including representatives from the National Lawyers Guild (NLG) and the International Association of Democratic Lawyers (IADL).
Former Foreign Minister Félix Plasencia, who currently serves as secretary-general of the ALBA alliance, offered the event’s opening words and recalled the Hugo Chávez-led regional integration efforts.
“Today, in spite of the difficult conditions, we remain committed to solidarity, integration and regional unity,” he told those present.
https://venezuelanalysis.com/news/15819
The tribunal, which focuses on “sanctions, blockades and economic coercive measures,” brought a 14-person delegation to the Caribbean country. The team featured academics, lawyers and activists, including representatives from the National Lawyers Guild (NLG) and the International Association of Democratic Lawyers (IADL).
Former Foreign Minister Félix Plasencia, who currently serves as secretary-general of the ALBA alliance, offered the event’s opening words and recalled the Hugo Chávez-led regional integration efforts.
“Today, in spite of the difficult conditions, we remain committed to solidarity, integration and regional unity,” he told those present.
https://venezuelanalysis.com/news/15819
Venezuelanalysis
Anti-Imperialist Committee Holds ‘Hearing’ on Venezuela Sanctions and Impact - Venezuelanalysis
The anti-imperialist tribunal issued a statement that denounced US sanctions against Venezuela and their consequences.
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The history of the Communes is the history of the organization of the working class. But not the working class in an abstract sense, but that of the really existing one in a specific historical moment.
Both the available documentary record and the testimony of organizers allow us to conclude that Hugo Chávez, and certainly the most astute members of the Bolivarian movement, fully understood the need, to unite and organize, to interpellate and be interpellated by what Chávez then referred to as the "marginal classes," that is, the poorest among the poor, that fraction of the working class that was excluded thrice over: from the formal labor market, from citizenship, and from the market economy, and which, by the mid-1990s, constituted the majority of the workforce in Venezuela.
Much has been said about the immense effort by the Bolivarian government during the first decade of this century to address the historically accumulated "social debt." However, before then, during the preceding decade, Chávez and the Bolivarian movement set out to address a more pressing debt: the political one.
https://venezuelanalysis.com/politics-commons/15820
Both the available documentary record and the testimony of organizers allow us to conclude that Hugo Chávez, and certainly the most astute members of the Bolivarian movement, fully understood the need, to unite and organize, to interpellate and be interpellated by what Chávez then referred to as the "marginal classes," that is, the poorest among the poor, that fraction of the working class that was excluded thrice over: from the formal labor market, from citizenship, and from the market economy, and which, by the mid-1990s, constituted the majority of the workforce in Venezuela.
Much has been said about the immense effort by the Bolivarian government during the first decade of this century to address the historically accumulated "social debt." However, before then, during the preceding decade, Chávez and the Bolivarian movement set out to address a more pressing debt: the political one.
https://venezuelanalysis.com/politics-commons/15820
Venezuelanalysis
The Open-Ended History of Communes - Venezuelanalysis
Reinaldo Iturriza looks back at the history of communes and how they are supposed to be more than "appendages" of state institutions.
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A joint offshore gas project between Venezuela and Trinidad and Tobago has stalled as a result of the Nicolás Maduro government's rejection of stringent terms that flow from US sanctions on the country.
“The Venezuelans have not accepted the terms laid down by the Americans. That is the long and short of it,” said Trinidad and Tobago Prime Minister Keith Rowley during an interview Thursday in local media.
Caracas is currently engaged in negotiations with Port of Spain to export natural gas from the offshore Dragon field, which has 4.2 trillion cubic feet (tcf) worth of deposits. The operations would be run by Dutch multinational corporation Shell.
Any deal is subject to US approval via the Treasury Department’s Office of Foreign Assets Control (OFAC) as a result of US sanctions on Venezuela that effectively constitute a blockade of the country's hydrocarbon industry.
http://venezuelanalysis.com/news/15821
“The Venezuelans have not accepted the terms laid down by the Americans. That is the long and short of it,” said Trinidad and Tobago Prime Minister Keith Rowley during an interview Thursday in local media.
Caracas is currently engaged in negotiations with Port of Spain to export natural gas from the offshore Dragon field, which has 4.2 trillion cubic feet (tcf) worth of deposits. The operations would be run by Dutch multinational corporation Shell.
Any deal is subject to US approval via the Treasury Department’s Office of Foreign Assets Control (OFAC) as a result of US sanctions on Venezuela that effectively constitute a blockade of the country's hydrocarbon industry.
http://venezuelanalysis.com/news/15821
Venezuelanalysis
Venezuela-Trinidad Gas Project Stalls Over US Sanctions as PDVSA Boosts Fuel Output - Venezuelanalysis
The Maduro gov't has steadfastly refused to accept US terms that bar Venezuela from receiving cash payments from the Trinidad gas project.
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A lot of people have told me that as a leftist woman, I shouldn’t write or even care about these things. Many think that gender is an imperialist construct, an ideology being imposed on the Global South as if we were idiots. What is actually being imposed is the fascist anti-rights movement that is also against women’s sexual and reproductive rights. Truth is, the LGBTQI+ community has always existed and will continue to exist and the fight for its rights in Venezuela began decades ago. It precedes any “gender ideology” fiction.
Another common complaint is, “Why focus on this? It doesn’t have any impact on the world and its problems.” Except it does. Everybody benefits from a society that is more accepting and less discriminating. When we affirm the rights of a minority, such as the LGBTQI+ community, we open the path for every other minority group. When women and black people earned political and economic rights, everybody won because we became more democratic, even if there’s still a lot to do regarding racism and gender inequality.
You can think about LGBTQI+ inclusion the same way as a building that has access for people with different disabilities. It won’t affect you or make you disabled, but it will positively affect a bunch of other people. Everyone gets to enter the building with their humanity intact.
More importantly, legislating for queer people to have the same rights as everybody else would reduce homophobia and violence against this community, which is a huge problem right now. According to the Venezuelan Observatory of LGBTIQ+ Violence, last year there were 97 cases of violence, including 11 murders. The aggressors were mostly heterosexual men, civilians, but also state security officers. The crimes happened everywhere: public parks, workplaces, restaurants, radio stations… anywhere where everyday life occurs.
https://venezuelanalysis.com/analysis/15822
Another common complaint is, “Why focus on this? It doesn’t have any impact on the world and its problems.” Except it does. Everybody benefits from a society that is more accepting and less discriminating. When we affirm the rights of a minority, such as the LGBTQI+ community, we open the path for every other minority group. When women and black people earned political and economic rights, everybody won because we became more democratic, even if there’s still a lot to do regarding racism and gender inequality.
You can think about LGBTQI+ inclusion the same way as a building that has access for people with different disabilities. It won’t affect you or make you disabled, but it will positively affect a bunch of other people. Everyone gets to enter the building with their humanity intact.
More importantly, legislating for queer people to have the same rights as everybody else would reduce homophobia and violence against this community, which is a huge problem right now. According to the Venezuelan Observatory of LGBTIQ+ Violence, last year there were 97 cases of violence, including 11 murders. The aggressors were mostly heterosexual men, civilians, but also state security officers. The crimes happened everywhere: public parks, workplaces, restaurants, radio stations… anywhere where everyday life occurs.
https://venezuelanalysis.com/analysis/15822
Venezuelanalysis.com
Hate Is Taught, Whereas Love Is Automatic
VA writer Andreína Chávez takes stock of worrying attacks against the LGBTQI+ community and argues that the Bolivarian Process should not let them fester.
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The Venezuelan government has put in motion an emergency plan to clean and reduce oil spills in Maracaibo Lake, western Zulia state, following alarming reports from the scientific community.
On July 24, President Nicolás Maduro announced the approval of resources to rescue the largest lake in South America, which in recent years has been affected by increasing crude spills from corroded pipelines as well as the proliferation of microalgae called verdigris that release toxins and bad odors as a result of waste, untreated sewage and industrial waters dumped into the lake.
“I have received reports about oil spills in Lake Maracaibo and how they have impacted the fishing community and the general [environmental] habitat. With the support of scientists, technicians and ministers, I have created a special plan of attention and recovery,” said Maduro during a speech for the 200th anniversary of the Battle of Lake Maracaibo.
https://venezuelanalysis.com/news/15823
On July 24, President Nicolás Maduro announced the approval of resources to rescue the largest lake in South America, which in recent years has been affected by increasing crude spills from corroded pipelines as well as the proliferation of microalgae called verdigris that release toxins and bad odors as a result of waste, untreated sewage and industrial waters dumped into the lake.
“I have received reports about oil spills in Lake Maracaibo and how they have impacted the fishing community and the general [environmental] habitat. With the support of scientists, technicians and ministers, I have created a special plan of attention and recovery,” said Maduro during a speech for the 200th anniversary of the Battle of Lake Maracaibo.
https://venezuelanalysis.com/news/15823
Venezuelanalysis.com
Venezuela: Gov’t Presents Plan to Clean Up Oil-Contaminated Maracaibo
A team of experts is working alongside the community to decontaminate Maracaibo Lake from waste, microalgae and oil leaking from corroded pipelines.
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"After independence, when colonial regimes were defeated, the imperial system continued operating the same way, but it developed new methods of domination. The first approach was to control the elites in the newly independent states. This generally worked, but if the new elites were anti-imperialist, they would be overthrown through coups, wars spurred by the CIA, or outright invasions.
Second, the metropolitan centers implanted Westernized universities in the periphery to colonize minds and promote neocolonial policies. Universities and other mechanisms for cultural domination are key to the neocolonial project.
Then, there is the implementation of economic sanctions. If a country such as Cuba or Venezuela goes off the path, a blockade will descend upon its people. And mind you, the mechanism of sanctions goes way back. With the Haitian Revolution, a brutal blockade was applied to the island after its independence."
https://venezuelanalysis.com/interviews/15816
Second, the metropolitan centers implanted Westernized universities in the periphery to colonize minds and promote neocolonial policies. Universities and other mechanisms for cultural domination are key to the neocolonial project.
Then, there is the implementation of economic sanctions. If a country such as Cuba or Venezuela goes off the path, a blockade will descend upon its people. And mind you, the mechanism of sanctions goes way back. With the Haitian Revolution, a brutal blockade was applied to the island after its independence."
https://venezuelanalysis.com/interviews/15816
Venezuelanalysis.com
Venezuela, the Decolonial Alternative: A Conversation with Ramón
A distinguished author from the decolonial tradition discusses the relationship between colonialism and imperialism.
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"The U.S. has used its influence to steal another country’s oil revenues. Venezuela is in the crosshairs because it dares to be socialist in the hemisphere the U.S. claims as its “backyard.”
It was always about the oil. United States assertions that the government of elected president Nicolas Maduro was illegitimate were always a ruse needed to get U.S. corporate hands on Venezuela’s oil company, CITGO.
All the years of demonization, choosing an “interim president” who addressed congress and met with U.S. allies around the world, and collusion with the corporate media to spread war propaganda, were all part of a bipartisan heist that would make a gangster blush.
Actually, the plot is the work of gangsters. Barack Obama began the process with the first tranche of sanctions against Venezuela. He then handed over the project to Donald Trump, a man allegedly anathema to the Democratic Party, who openly bragged about wanting to take Venezuela’s oil. He got his wish but his successor Joe Biden gets the hoodlum ring leader bragging rights."
https://venezuelanalysis.com/analysis/15825
It was always about the oil. United States assertions that the government of elected president Nicolas Maduro was illegitimate were always a ruse needed to get U.S. corporate hands on Venezuela’s oil company, CITGO.
All the years of demonization, choosing an “interim president” who addressed congress and met with U.S. allies around the world, and collusion with the corporate media to spread war propaganda, were all part of a bipartisan heist that would make a gangster blush.
Actually, the plot is the work of gangsters. Barack Obama began the process with the first tranche of sanctions against Venezuela. He then handed over the project to Donald Trump, a man allegedly anathema to the Democratic Party, who openly bragged about wanting to take Venezuela’s oil. He got his wish but his successor Joe Biden gets the hoodlum ring leader bragging rights."
https://venezuelanalysis.com/analysis/15825
Venezuelanalysis.com
The US Plot to Finalize the Theft of Venezuela’s Oil
BAR Executive Editor Margaret Kimberley examines the impact of US coercive measures after a recent anti-sanctions fact-finding mission.
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Venezuelan Vice-President Delcy Rodríguez called for countries that are home to the Amazon River basin to declare a regional emergency in order to advance the conservation of the rainforest in the face of growing exploitation of the region’s rich resources.
Rodríguez, heading the Venezuelan delegation at the Amazon Cooperation Treaty Organization (ACTO) summit in the northern Brazilian city of Belem, warned of the threat posed by transnational pharmaceutical, energy and industrial companies to the biodiversity of the world’s largest rainforest.
“The path forward is not to reduce the role of states, the path is to strengthen the capacities and functions of the state, not handing these functions over to non-governmental organizations that are ultimately instrumentalized by the large pharmaceutical, food, and energy emporiums, to seize the great biodiversity of the Amazon Basin,” said Rodríguez.
https://venezuelanalysis.com/news/15826
Rodríguez, heading the Venezuelan delegation at the Amazon Cooperation Treaty Organization (ACTO) summit in the northern Brazilian city of Belem, warned of the threat posed by transnational pharmaceutical, energy and industrial companies to the biodiversity of the world’s largest rainforest.
“The path forward is not to reduce the role of states, the path is to strengthen the capacities and functions of the state, not handing these functions over to non-governmental organizations that are ultimately instrumentalized by the large pharmaceutical, food, and energy emporiums, to seize the great biodiversity of the Amazon Basin,” said Rodríguez.
https://venezuelanalysis.com/news/15826
Venezuelanalysis.com
Venezuela Warns Against ‘Commodification’ of Amazon Biodiversity at
The use of the region’s resources for the benefit of all without infringing on countries’ sovereignty was a common desire expressed by representatives at the summit.
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Venezuelan opposition politicians have endorsed the extension of the validity of defaulted debt instruments issued by the Venezuelan government and state oil company PDVSA.
The defunct 2015 National Assembly announced its decision over a Zoom call on Tuesday.
The accord, which still requires approval from the US Treasury Department, suspends an upcoming statute of limitations on Venezuelan bonds, thus deterring legal claims and leaving open the possibility of debt renegotiations.
Hans Humes, chairman of the Greylock Capital Management group that owns more than $10 billion in Venezuelan debt, praised the move amidst a “legal quagmire” caused by Washington’s Venezuela policies.
https://venezuelanalysis.com/news/15827
The defunct 2015 National Assembly announced its decision over a Zoom call on Tuesday.
The accord, which still requires approval from the US Treasury Department, suspends an upcoming statute of limitations on Venezuelan bonds, thus deterring legal claims and leaving open the possibility of debt renegotiations.
Hans Humes, chairman of the Greylock Capital Management group that owns more than $10 billion in Venezuelan debt, praised the move amidst a “legal quagmire” caused by Washington’s Venezuela policies.
https://venezuelanalysis.com/news/15827
Venezuelanalysis.com
Venezuela: Defunct Opposition Parliament Approves Debt Deadline
The move, which had been previously proposed by the Maduro government, will deter litigation over defaulted bonds.
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"There is one sector that wants to subordinate the Bolivarian Revolution to neoliberal policies in the vain hope of appeasing US imperialism. In other words, they aim to maintain control over the state, but the economic policies that they promote are the empire’s. This is a reactionary response to the attack, and it’s also naive. The imperialists are overtly opposed to the revolution, and if you make economic concessions to them, they aren’t going to give in but just the opposite. To illustrate this, let’s look at Gaddafi in Libya. He thought that by making concessions and turning some oil wells over to Western corporations, the siege would end. But what happened to Libya? An outright invasion destroyed the country.
Imperialism isn’t just an economic system; it’s also a geopolitical civilizational system. The imperialists aren’t about to give up just because a country like Libya (or Venezuela for that matter) makes economic concessions to their interests. The imperialist elites want total control: it’s not enough for them if the Bolivarian elites turn neoliberal and are willing to liberalize the oil market. If they can, they will go all the way and destroy everything touched by the Bolivarian Revolution. This includes the Bolivarian elites who are willing to make concessions at the level of the economy in order to survive."
https://venezuelanalysis.com/interviews/15824
Imperialism isn’t just an economic system; it’s also a geopolitical civilizational system. The imperialists aren’t about to give up just because a country like Libya (or Venezuela for that matter) makes economic concessions to their interests. The imperialist elites want total control: it’s not enough for them if the Bolivarian elites turn neoliberal and are willing to liberalize the oil market. If they can, they will go all the way and destroy everything touched by the Bolivarian Revolution. This includes the Bolivarian elites who are willing to make concessions at the level of the economy in order to survive."
https://venezuelanalysis.com/interviews/15824
Venezuelanalysis.com
Venezuela, the Decolonial Alternative: A Conversation with Ramón
A distinguished author of the decolonial tradition talks about the crossroads Venezuela is facing.
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The Venezuelan government has won a legal battle to recover approximately 1.35 billion Euros (some 1.5 billion US dollars) frozen since 2019 by Portugal’s Novo Banco.
On Wednesday, Information Minister Freddy Ñañez published the ruling by the Central Civil Court of Lisbon, dated July 31, ordering the private bank to transfer the funds to accounts held by nine Venezuelan entities, including state oil company PDVSA, joint oil ventures, and the Venezuelan Economic and Social Development Bank (BANDES).
In a communique, the Venezuelan Foreign Ministry celebrated the court’s order to release the retained funds.
“This constitutes a clear victory of the Venezuelan people against the strategy promoted by foreign powers and local politicians to appropriate the country’s resources and cause suffering to the population,” the statement read.
https://venezuelanalysis.com/news/15828
On Wednesday, Information Minister Freddy Ñañez published the ruling by the Central Civil Court of Lisbon, dated July 31, ordering the private bank to transfer the funds to accounts held by nine Venezuelan entities, including state oil company PDVSA, joint oil ventures, and the Venezuelan Economic and Social Development Bank (BANDES).
In a communique, the Venezuelan Foreign Ministry celebrated the court’s order to release the retained funds.
“This constitutes a clear victory of the Venezuelan people against the strategy promoted by foreign powers and local politicians to appropriate the country’s resources and cause suffering to the population,” the statement read.
https://venezuelanalysis.com/news/15828
Venezuelanalysis
Venezuela Wins Court Battle to Access $1.5B in Portugal’s Novo Banco - Venezuelanalysis
Caracas has denounced that the country will not receive the released funds any time soon as US sanctions impede the transfer.
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The Communist Party of Venezuela (PCV) firmly rejected a recent ruling by the Constitutional Chamber of the Supreme Court of Justice (TSJ) that appointed a new ad-hoc board to lead the party.
In a video message posted Monday, PCV Secretary General Oscar Figuera shared the declaration issued by the V Plenum of the Central Committee of the party in light of the court’s decision, arguing that it constitutes an “illegal” intervention in the internal affairs of the organization.
“This sentence by the Constitutional Chamber is an illegal and incorrect sentence,” said Figuera.
In its statement, the Central Committee maintains that the seven people appointed to the board of directors are not PCV members and therefore cannot occupy leadership posts in the party, making their appointment by the court an “usurpation” of the collective’s credentials.
https://venezuelanalysis.com/news/15829
In a video message posted Monday, PCV Secretary General Oscar Figuera shared the declaration issued by the V Plenum of the Central Committee of the party in light of the court’s decision, arguing that it constitutes an “illegal” intervention in the internal affairs of the organization.
“This sentence by the Constitutional Chamber is an illegal and incorrect sentence,” said Figuera.
In its statement, the Central Committee maintains that the seven people appointed to the board of directors are not PCV members and therefore cannot occupy leadership posts in the party, making their appointment by the court an “usurpation” of the collective’s credentials.
https://venezuelanalysis.com/news/15829
Venezuelanalysis
Communist Party of Venezuela Decries ‘Usurpation’ by Supreme Court - Venezuelanalysis
The Communist Party has claimed that the judicial ruling is part of a scheme to take over the party’s credentials.
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Venezuela’s oil production and exports have experienced important growth in recent months amidst efforts to secure more investment and circumvent US sanctions.
The latest OPEC monthly report placed the Caribbean nation’s July crude output at 772,000 barrels per day (bpd), as measured by secondary sources. The figure rose from 734,000 bpd in June. For its part, state oil company PDVSA reported a higher number of 810,000 bpd, up from 796,000 bpd the prior month.
The current output is the highest registered since early 2020 when Washington imposed secondary sanctions against foreign actors dealing with Venezuela’s state oil company PDVSA. Previously, the industry had been hit with financial sanctions in 2017, an export embargo in 2019 and a host of other measures.
According to Venezuela’s Oil Minister and PDVSA president, Rafael Tellechea, crude output has slowly recovered thanks to workers’ efforts and a sustained governmental strategy. “[We are] demonstrating that it is possible to face the [US] blockade with efficiency and trusting our own capabilities,” he wrote on X (formerly Twitter).
https://venezuelanalysis.com/news/15830
The latest OPEC monthly report placed the Caribbean nation’s July crude output at 772,000 barrels per day (bpd), as measured by secondary sources. The figure rose from 734,000 bpd in June. For its part, state oil company PDVSA reported a higher number of 810,000 bpd, up from 796,000 bpd the prior month.
The current output is the highest registered since early 2020 when Washington imposed secondary sanctions against foreign actors dealing with Venezuela’s state oil company PDVSA. Previously, the industry had been hit with financial sanctions in 2017, an export embargo in 2019 and a host of other measures.
According to Venezuela’s Oil Minister and PDVSA president, Rafael Tellechea, crude output has slowly recovered thanks to workers’ efforts and a sustained governmental strategy. “[We are] demonstrating that it is possible to face the [US] blockade with efficiency and trusting our own capabilities,” he wrote on X (formerly Twitter).
https://venezuelanalysis.com/news/15830
Venezuelanalysis
Venezuela: Oil Production Recovery Continues as Merey Prices Rise - Venezuelanalysis
Caracas is aiming to reach the one million barrels per day benchmark this year while also expanding its customer portfolio.
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Oil giant ExxonMobil joined 19 other corporations in filing claims before a US court over debts owed by Venezuela.
Last week, the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) awarded ExxonMobil US $77 million after the company re-submitted a $1.4 billion claim. The tribunal declared that Exxon was already compensated with $908 million out of a $984.5 million award granted by the International Chamber of Commerce and is only owed the difference.
The corporation immediately moved to attach its debt to an ongoing auction of shares belonging to Venezuelan oil subsidiary CITGO that has been orchestrated by the Delaware District Court in order to satisfy a number of international arbitration awards against the Caribbean nation.
https://venezuelanalysis.com/news/15831
Last week, the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) awarded ExxonMobil US $77 million after the company re-submitted a $1.4 billion claim. The tribunal declared that Exxon was already compensated with $908 million out of a $984.5 million award granted by the International Chamber of Commerce and is only owed the difference.
The corporation immediately moved to attach its debt to an ongoing auction of shares belonging to Venezuelan oil subsidiary CITGO that has been orchestrated by the Delaware District Court in order to satisfy a number of international arbitration awards against the Caribbean nation.
https://venezuelanalysis.com/news/15831
Venezuelanalysis.com
Venezuela: ExxonMobil Aims to Join CITGO Auction Over 77M Arbitration
The ongoing court-mandated share sale could lead to the breakup of Venezuela’s most important foreign asset.
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These changes in the economic policy of the Revolution were interpreted as a capitulation by the most radical sectors of Chavismo. This was the definitive break of the PSUV with the Communist Party of Venezuela (PCV), and it also led to the emergence of dissident groups accusing Maduro of having betrayed Chávez's legacy.
The mending of ties between the government and the business class began accidentally in 2018, shortly after the assassination attempt against Maduro. But it was disrupted by the political and military events of 2019 (Guaidó’s self-proclamation, the attempted "humanitarian" invasion through Colombia, the induced blackouts, the April 30 failed coup d'état) and by the 2020 health emergency. By the end of 2021, there was talk of a budding economic recovery. In 2022 this gained momentum to the point that the phrase "Venezuela is fixed" began to circulate. New businesses that sprung up, companies that restarted operations and a general climate of rising consumption were very important in this perception.
By the end of 2022, this favorable picture abated by new inflationary spikes and the government’s struggles to raise public sector wages. But numerous signs point to the emergence of a new business caste close to the ruling Socialist Party and a rearrangement of the traditional groups, which has already been reflected in the political stand taken by the recently elected president of Fedecámaras.
https://venezuelanalysis.com/unusual-and-extraordinary/15832
The mending of ties between the government and the business class began accidentally in 2018, shortly after the assassination attempt against Maduro. But it was disrupted by the political and military events of 2019 (Guaidó’s self-proclamation, the attempted "humanitarian" invasion through Colombia, the induced blackouts, the April 30 failed coup d'état) and by the 2020 health emergency. By the end of 2021, there was talk of a budding economic recovery. In 2022 this gained momentum to the point that the phrase "Venezuela is fixed" began to circulate. New businesses that sprung up, companies that restarted operations and a general climate of rising consumption were very important in this perception.
By the end of 2022, this favorable picture abated by new inflationary spikes and the government’s struggles to raise public sector wages. But numerous signs point to the emergence of a new business caste close to the ruling Socialist Party and a rearrangement of the traditional groups, which has already been reflected in the political stand taken by the recently elected president of Fedecámaras.
https://venezuelanalysis.com/unusual-and-extraordinary/15832
Venezuelanalysis.com
Unusual and Extraordinary: Chavismo Seeks Business and Religious
VA columnist Clodovaldo Hernández analyses the alliance between the government and historical Chavismo antagonists.
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The race to select the opposition’s candidate in the upcoming presidential elections in Venezuela officially began Tuesday amid threats of a “military rebellion” by a close ally of far-right primary candidate Maria Corina Machado.
After years of pursuing extra-constitutional regime change methods and electoral boycotts, the primary will see Venezuela’s hardline opposition return to electoral politics. The process will be conducted by the self-styled National Primary Commission (CNP) without the assistance of the country’s National Electoral Council (CNE) following the resignation of the electoral authority’s board members.
In a statement issued Tuesday, the CNP announced that the 13 candidates who will compete for the opportunity to challenge Chavismo in the upcoming constitutionally mandated presidential election had signed a pact that will govern the process, adding that campaigning will conclude on October 20, with the vote taking place on October 22.
https://venezuelanalysis.com/news/15833
After years of pursuing extra-constitutional regime change methods and electoral boycotts, the primary will see Venezuela’s hardline opposition return to electoral politics. The process will be conducted by the self-styled National Primary Commission (CNP) without the assistance of the country’s National Electoral Council (CNE) following the resignation of the electoral authority’s board members.
In a statement issued Tuesday, the CNP announced that the 13 candidates who will compete for the opportunity to challenge Chavismo in the upcoming constitutionally mandated presidential election had signed a pact that will govern the process, adding that campaigning will conclude on October 20, with the vote taking place on October 22.
https://venezuelanalysis.com/news/15833
Venezuelanalysis.com
Venezuela: Opposition Begins Primary Race as Far Right Threatens
President Maduro announced the mobilization of “Peace Squads” in order to prevent the outbreak of violence by the opposition.
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"The hospital where Francisco was admitted, like others across the country, is a shell of what it once was: a robust, free, and well-stocked facility with quality doctors that tended to its patients with care in a country with one of the highest human development indexes in the world. This is because, after the Bolivarian Revolution in 1999, the government began to dedicate 75 percent of its resources on social spending, a 50 percent increase from what it had been previously. Among these programs, largely funded with oil revenues, are Mission Barrio Adentro, setting up health clinics in 320 of Venezuela’s 355 municipalities; Mission Sonrisa, providing free dental care; and Mission Milagro, restoring the eyesight of some 300,000 Venezuelans and providing eye surgery to 1 million.
But these programs and many others were shattered with the U.S. sabotage of the Venezuelan economy, following Richard Nixon’s old mandate to “make the economy scream” as a key part of the strategy for regime change."
https://venezuelanalysis.com/analysis/15834
But these programs and many others were shattered with the U.S. sabotage of the Venezuelan economy, following Richard Nixon’s old mandate to “make the economy scream” as a key part of the strategy for regime change."
https://venezuelanalysis.com/analysis/15834
Venezuelanalysis.com
How U.S. Sanctions Are a Tool of War: The Case of Venezuela
Analyst Celina della Croce looks at the impact of US sanctions on Venezuela's healthcare system, especially the Bolivarian social programs.
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South African President Cyril Ramaphosa has announced that six countries will become BRICS members in January 2024.
Venezuela did not make the cut in this first phase of the expansion process but celebrated the consolidation of the multipolar world.
During the XV BRICS Summit in Johannesburg, South Africa, Ramaphosa welcomed Argentina, Egypt, Ethiopia, the United Arab Emirates, Saudi Arabia, and Iran to the bloc made up of Brazil, Russia, India, China and South Africa. He explained that the decision was made after evaluating applications from 23 nations, mostly from the Global South, and clarified that more memberships would be considered in the future.
“We value the interest of other countries in building a partnership with BRICS,” said the South African leader on Thursday during a speech at the end of the three-day summit, which gathered some 50 heads of state and government representatives.
https://venezuelanalysis.com/news/15835
Venezuela did not make the cut in this first phase of the expansion process but celebrated the consolidation of the multipolar world.
During the XV BRICS Summit in Johannesburg, South Africa, Ramaphosa welcomed Argentina, Egypt, Ethiopia, the United Arab Emirates, Saudi Arabia, and Iran to the bloc made up of Brazil, Russia, India, China and South Africa. He explained that the decision was made after evaluating applications from 23 nations, mostly from the Global South, and clarified that more memberships would be considered in the future.
“We value the interest of other countries in building a partnership with BRICS,” said the South African leader on Thursday during a speech at the end of the three-day summit, which gathered some 50 heads of state and government representatives.
https://venezuelanalysis.com/news/15835
Venezuelanalysis.com
Six Countries Join BRICS, Venezuela Celebrates Multipolarity and
President Nicolás Maduro said the new world order was a reality and called for BRICS to advance the de-dollarization of the world economy.
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