SOUTH AMERICA | WHAT REALLY HAPPENED


SOUTH AMERICA

Jan 18 09:57

U.S. Warns Investors to Avoid Venezuela's 'Petro' Cryptocurrency

The U.S. Treasury Department is concerned about Venezuela’s new “petro” cryptocurrency and is warning investors to steer clear or face unspecified consequences.

The U.S. Treasury said Tuesday that Venezuela’s petro could put U.S. citizens at “legal risk” because investing in the cryptocurrency potentially conflicts with U.S. sanctions against the South American country, according to a Reuters report.

“Available information indicates that, once issued, the petro digital currency would appear to be an extension of credit to the Venezuelan government,” the Treasury department said in a statement.

Venezuelan President Nicolas Maduro said in December that Venezuela would create its own Bitcoin-like cryptocurrency to “defeat the financial blockade and move toward new forms of international financing for the economic and social development of the country.”

Webmaster's Commentary: 

The reasonable question is, how is the US goverment going to enforce its sanctions on the "petro", if purchasers of this currency only known to the Venezuelan government?!?

Jan 16 08:52

Venezuela Urges 10 Other Countries to Adopt Its Oil-Backed Cryptocurrency

Maduro held a meeting of the Bolivarian Alliance for the Peoples of Our America – Treaty of Commerce of the Peoples (Alba – TCP) on Friday. Alba consists of Antigua and Barbuda, Bolivia, Cuba, Dominica, Ecuador, Nicaragua, Saint Lucia, Saint Vincent and the Grenadines, Saint Kitts and Nevis, Grenada, and Venezuela.

Jan 15 17:16

Support Via The U.S. Drug War Helped Keep Former Peruvian Dictator, Fujimori, In Power

By Brian Saady

Last month, the President of Peru, Pedro Pablo Kuczynski, pardoned the country’s former dictator, Alberto Fujimori, who had been convicted of authorizing extrajudicial murders and corruption. Thousands of protestors responded to the pardon by organizing in the streets of Lima...

Jan 13 10:08

Food riots grip western Venezuela, mob reportedly slaughters cattle in field

Hungry mobs ransacked a food collection center, and a supermarket in Venezuela's western Andean state of Merida on Thursday and reportedly even slaughtered cattle grazing in a field as unrest over food shortages spread through the country.

An opposition lawmaker from Merida, Carlos Paparoni, said four people had died and 10 were injured in the chaos over the last two days, but he did not specify the circumstances.

Four years of recession and the world's highest inflation have plunged millions of Venezuelans into poverty, and President Nicolas Maduro's authoritarian socialist regime faces mounting unrest.

Jan 10 06:02

JULIAN ASSANGE MAY BE FORCED TO LEAVE ECUADOR EMBASSY AFTER UPSETTING PRESIDENT

Julian Assange may be forced to leave Ecuador’s London Embassy, where he has been receiving asylum for the past five years. The country is pursuing a third party—country or individual—to facilitate Assange’s move from the United Kingdom, according to a Tuesday teleSUR report.

Jan 10 05:06

MADURO TO ISSUE FIRST 100 MILLION PETROS DESPITE SKEPTICS

Venezuelan President Nicolas Maduro said that he ordered the first 100 million units of its new oil-backed Petro—Venezuela’s cryptocurrency creation. Each Petro unit will be backed by one barrel of oil, and the 100 million units, at current value of $59.07 per barrel, should be worth almost US$6 billion.

While this sounds good on paper, the move is largely seen as a fanciful idea by analysts, and opposition politicians have said of the project that it is doomed to fail, according to Reuters. A lack of rule of law and falling production are unlikely to make the cryptocoin attractive enough for international investors, not to mention the escalating U.S. sanctions designed to constrict capital flows to Caracas. Citgo, Venezuela’s state-owned U.S. subsidiary, cannot currently repatriate its earnings to PDVSA due to the measures.

Webmaster's Commentary: 

As this evolves, look for a total US Naval blockade of Venezuela, accompanied by US Navy and border patrols, boardng tankers of suspected companies doing business with Venezuela in this way.

I would like to quietly and politely remind the White House, State Department, Congress, and the Pentagon, that such an act is looked upon, in international law, as an act of war.

Jan 09 15:00

Mexican cities secede to escape corruption and cartels, forming corporate dystopias, precarious utopian projects, and Mad Maxish militia towns

Mexico's corrupt, failing government that covers up official mass murders by attacking journalists and dissidents with cyberweapons is locked in a stalemate with the country's horrific, mass-murdering gangs, and the Mexican people are caught in the crossfire.

Jan 07 09:38

US Plans to Recognize Kurdish Area in Syria 3x Size of Lebanon 'Soon' - Reports

Washington is planning 'concrete steps' toward providing a Syrian Democratic Forces-controlled area in northern Syria's eastern Euphrates area three times the size of Lebanon with diplomatic recognition, a leading Arabic international newspaper has reported.

The 28,000 square km territory, controlled by the Syrian Democratic Forces, a collection of predominantly Kurdish militias including the YPG People's Protection Units, took its first step toward US recognition after US Defense Secretary Jim Mattis promised to send US diplomats to SDF-controlled areas to work alongside US troops operating in the region, the official said.

Webmaster's Commentary: 

A short question, President Trump; IF, in fact, such reports on this deal are true, have both Syria's Al Assad, and Russia's Putin, gotten the memo on it?!?

Because once again, logically-minded people are going to look at this announcement, and mutter to themselves that the American government and military must have, yet again, collectively become insane, to invite war with Russia inside Syria.

Jan 05 11:30

Cash-strapped Venezuela offers to pay for medicines with diamonds

With hospital shelves bare and the government stumped on how to settle $5 billion in arrears to pharmaceutical companies, cash-strapped Venezuela recently offered some foreign suppliers alternative compensation: diamonds, gold and coltan, the rare metal used to make cellphones and Playstations.

Jan 04 07:33

Venezuela NOW BANKRUPT! Missed Billions in Payments and $9 Billion More Due in 2018!

As far as I'm concerned, Venezuela is bankrupt. There's no way out of this through natural market forces.

Jan 02 11:42

2017: The year in which Brazil was subjected to Neoliberal Shock Therapy

While the year 2017, at the international level, was a year of defeats for globalism, Atlanticism and liberal global hegemony, sadly, when it comes to our country, we can not say the same. For Brazil, the year 2017 was a year of defeat and a deepening of our decadence.

As the advanced forces of liberal global hegemony recede in the Middle East, are paralyzed in Eurasia and Asia and are scared in Europe, the center of globalism, whose operational heart is the American Deep State, sought to ensure its predominance in "their backyard" of Ibero-America.

Dec 29 07:38

Outrage in Peru Over Pardon of Ex-President Fujimori

Thousands of protestors took to the streets amid suspicions that President Kuczynski pardoned former President Fujimori, who was serving a 25-year sentence for crimes against humanity, in order to avoid impeachment for corruption

Dec 28 10:56

Venezuela Will Back Its Cryptocurrency With 5 Billion Barrels Of Oil, Gold Deposits

Venezuelan President Maduro shocked the market in early December when he followed China's 'petro-yuan' futures announcement by making headlines of himself proclaiming a new national cryptocurrency - the 'Petro' - to overcome The West's "financial blockade." Today he followed up by confirming "every single Petro will be backed by a barrel of oil... and gold."

Dec 25 10:00

Britain's Hidden Colony At the Edge of the World

It appears that large territories of southern Argentina comprised a de facto British colony that managed to remain hidden from prying eyes for nearly a century.

Dec 15 19:07

Venezuelans seeing bitcoin boom as survival, not speculation

According to data website Coin Dance, that’s far higher than the value of bitcoin transactions on the same website seen in more prosperous nations across the region, including Argentina, Brazil and Chile.

Dec 06 06:01

Venezuela's Cryptocurrency, the Petro, to Be Backed by Oil Reserves - Maduro

According to Nicolas Maduro, the Petro is needed to overcome the financial blockade of the country. The Ministry of Finance of Venezuela clarified that the cryptocurrency is necessary to carry out financial transactions and to seek new ways of financing.

Dec 05 07:32

Russia, Venezuela agree to a massive arms deal

Deputy Director of the Federal Service for Military and Technical Cooperation Anatoly Punchuk has said at the Expodefensa 2017 arms exhibition in Colombia on Monday that Russia has signed more than 10 arms contracts with Venezuela.

"Venezuela is the largest operator of Russian armament and military hardware in the Latin American region," he said.

"The Russian side has delivered various armaments worth an impressive sum. The period of using the Russian government’s loan provided to Venezuela has ended," he explained.

Dec 04 09:22

Enter the 'petro': Venezuela to launch oil-backed cryptocurrency

Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the “petro” backed by oil reserves to shore up a collapsed economy.

The leftist leader offered few specifics about the currency launch or how the struggling OPEC member would pull off such a feat, but he declared to cheers that “the 21st century has arrived!”

“Venezuela will create a cryptocurrency,” backed by oil, gas, gold and diamond reserves, Maduro said in his regular Sunday televised broadcast, a five-hour showcase of Christmas songs and dancing.

The petro, he said, would help Venezuela “advance in issues of monetary sovereignty, to make financial transactions and overcome the financial blockade.”

Dec 04 08:02

Enter the 'petro': Venezuela to launch oil-backed cryptocurrency

Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the “petro” backed by oil reserves to shore up a collapsed economy.

Dec 04 06:59

Russian underwater vehicle makes first dive in Argentine submarine search area

The remote-controlled underwater vehicle Panther Plus, provided by Russia, took the first snapshot of the object found in the search area of the San Juan submarine, according to a representative of the Argentine Navy.

According to the representative, the signal recorded on November 30 by Victor Angelescu vessel’s sonar of the Ministry of Agriculture was verified with the help of an image taken by the Russian apparatus Panther Plus. Thus, that the object found at a depth of 477 meters is not the San Juan submarine.

The search for the vessel continues, three more signals recorded in the search zone at a depth of 700, 800 and 900 meters will be checked.

Dec 01 10:20

Brazil Is Offering Its Prisoners Ayahuasca For Rehabilitation

Some Brazilian prisoners are getting the opportunity to embark on their own ayahuasca journeys instead of simply being released to commit crimes again. The powerful herbal combination...

Dec 01 09:41

BRICS PLANNING ITS OWN GOLD TRADING SYSTEM

As the US and its E.U. partners continue to levy punitive sanctions on Russia, the BRICS are responding with new financial initiatives to help their members break-out of the US and European financial trading monopoly.

Currently, both China and Russia are surging ahead as the world’s top Central Bank buyers of gold, further consolidating their position to be able to weather a global dollar crisis which many expert believe is inevitable. When exactly that happens is still anyone’s guess.

NOTE: Russia is now the largest official buyer of gold – and the world’s third-biggest producer.

RT International reports…

Brazil, Russia, India, China and South Africa (BRICS) are discussing the possibility of establishing a separate gold trading system, according to the First Deputy Chairman of Russia’s Central Bank Sergey Shvetsov.

Webmaster's Commentary: 

This is why we are seeing such demonization of China and Russia; to prevent a loss of US dollar hegemony, the US government is willing to go to war to prevent this, if they deem it necessary.

Last Spring, Paul Craig Roberts shared the following report; and he is a guy who knows something about the inner workings in the Bowels of Power in DC:

Washington Plans to Nuke Russia and China

And unfortunately for President Trump and this country, all of Trump's "President Whisperers" are war-centric, as though this was the only way to resolve the US government's geopolitical conflicts, rather than good faith, moral, hard-one negotiations.

Nov 24 08:34

'Explosion' Detected Near Last Known Location of Missing Argentine Sub - Navy

According to the Argentine Navy spokesman Captain Enrique Baldi, an "anomalous, singular, short, violent and non-nuclear event consistent with an explosion" had been detected near the last known location of the missing submarine shortly after the last communication with the crew had taken place.

"We will proceed with the attempts to detect [the submarine], until we have accurate data or other evidence that might be verified," Balbi said.

At the same time, the Comprehensive Nuclear-Test-Ban Treaty Organization (CTBTO) has registered an "an underwater impulsive event" in the vicinity of the last known position of the disappeared Argentine submarine on November 15, Spanish media reported.

Nov 24 05:47

US Asks Venezuela for Access to Detained Citgo Executives

Washington has asked the government of leftist Nicolas Maduro for access to Venezuelan-American executives of U.S.-based refiner Citgo detained in Caracas this week, a State Department official said on Thursday.
***
Relations between Caracas and Washington have long been tense. They have further soured under President Donald Trump since his administration imposed sanctions on Venezuelan officials including Maduro, and economic sanctions that have impeded the OPEC nation’s access to international banks.

>>>

(*Still , is that reason enough for Venezuela to be uncivil about granting us access to our detained excutives ?)

Nov 22 18:28

'Death spiral': 4,000% inflation in Venezuela

The bolivar has lost 96% of its value this year. As of Tuesday, it took 84,000 bolivars to buy an American dollar. At the beginning of this month, a dollar was worth 41,000 bolivars. And at the start of this year, it only took 3,100 bolivars to buy a dollar, according to DolarToday, a website that tracks the unofficial exchange rate.

Nov 17 21:57

North Korea rejects Donald Trump’s call for nuclear talks, as images emerge of 'ballistic submarine' under construction

North Korea has rejected Donald Trump’s call for talks over its nuclear programme just days after the US president completed his high-profile to Asia. Han Tae Song, North Korea's ambassador to the United Nations in Geneva, said that negotiations would not happen while America continued “war games” in the region. The snub occurred as new satellite images suggested North Korea is pursuing an “aggressive schedule” to build its first operational ballistic missile submarine.
The developments mark a double setback for Mr Trump, who is seeking a breakthrough inZthe stand-off over North Korea after rallying support for his approach in Asia.
During a five-nation tour of the region Mr Trump surprised commentators with a call for North

Nov 17 05:22

Let’s Stop Glorifying War

When’s the last time our media covered war honestly? When’s the last time you saw combat footage of American troops under fire, or of American troops killing others in the name of keeping us safe from enemies? When was the last time you saw an American soldier panicking, firing wildly, perhaps killing members of his own unit (fratricide) or innocent civilians caught in the crossfire of war? Maybe in the 1960s during coverage of the Vietnam War?

War is not glorious. It may feature noble deeds and remarkable sacrifices, but it also features brutality and many other bloody realities. War breaks men (and women) down. It does so because war is unnatural. Yes, war is many things, but it most certainly is about killing. Occasionally, the killing is even necessary. (Just ask those enslaved by the Nazis or the Japanese whether they greeted Allied troops as liberators.)

Nov 16 12:35

This Guy Found Hitler’s Secret French Bunker

Adolf Hitler committed some of the most horrifying atrocities in human history, but when this photographer stumbled upon his secret French bunker, he was brave enough to go inside anyway.
THE EXPLORER WHO FOUND HITLER’S BUNKER
Urban explorer and photographer Marc Askat braved the hunting season to walk through the thick wooded countryside in northern France. He was searching for a new subject for photographs and stumbled upon what is believed to be one of Adolf Hitler’s last bunkers— a place where the Nazi leader plotted the invasion of Britain.
The eerie underground stronghold is filled with stories from one of the most devastating wars in human history, but despite finding and photographing the bunker, Askat won’t reveal its exact location. It turns out he has a very good reason for keeping Hitler’s underground bunker location a secret from the public.

Nov 15 11:34

Venezuela Signs $3.2 Billion Debt Restructuring Deal With Russia

As Venezuela teeters right on the brink of complete financial collapse, Bloomberg reports that Russia has agreed to restructure roughly $3.2 billion in outstanding obligations. While details of the restructuring agreement are scarce, both sides reported that the deal spreads payments out over 10 years with minimal cash service required over the next six years.

Russia signed an agreement to restructure $3.15 billion of debt owed by Venezuela, throwing a lifeline to a crisis-wracked ally that’s struggling to repay creditors.

The deal spreads the loan payments out over a decade, with “minimal” payments over the first six years, the Russian Finance Ministry said in a statement. The pact doesn’t cover obligations of state oil company Petroleos de Venezuela SA to its Russian counterpart Rosneft PJSC, however.

Webmaster's Commentary: 

Putin, is always a million chess moves ahead of the US government in terms of geopolitical matters, and the issue of having thrown a financial lifeline to the Venezuelan government, is no exception here.

Nov 13 07:51

BREAKING - #Russia assumes the responsibility of repaying #Venezuela's debt estimated to be anything between 90 and 130 billion dollars.The agreement has already been reached and it's expected to be signed on November 15. George Ades

Nov 13 07:14

Venezuela’s Oil Rival Calls For Full U.S. Sanctions

Argentina’s President, Mauricio Macri, has called on the United States to install a full embargo on Venezuelan oil shipments. In an interview for the Financial Times, Macri said that the social situation in Venezuela is rapidly deteriorating and more decisive measures are needed to topple the Nicolas Maduro government.

It’s been said before more than once that a total oil embargo against Venezuela would hurt Gulf Coast refiners in a bad way, which is perhaps the only reason why it has not been used so far and remains unlikely to be used, whatever happens in Venezuela.

Nov 11 09:39

The US Southern Command's Silent Occupation of the Amazon

Brazil, Colombia and Peru share a triple borderland separating north from south on the South American continent. Located deep in the Amazon forest, this is the theater of operations in which more than 30 military companies test their services and merchandise. The multinational military exercise known as AmazonLog2017, is organized by the Armed Forces of Brazil.

The Southern Command of the United States -- the Unified Combatant Command of the United States Department of Defense with influence in the Caribbean, Central and South America -- is also an AmazonLog2017 participant.

Activists and researchers are alarmed about this military exercise. According to Mexican economist and geopolitical specialist Ana Esther Ceceña, AmazonLog2017 allows "the placement of troops that facilitate specific territorial incursions and rapid response operations, both of which imply the use of special forces, whether those be US forces, local or private on the triple borderland."

Webmaster's Commentary: 

Once permanent, such a presence will also put the American troops in control of a huge amount territory where cocaine is processed, just as has Afghanistan, in the control of the opium poppy business, given various US alpha-bet soup agencies the ability to finance off-the-books operations which have zero Congressional oversight.

Nov 11 09:31

At UN, US warns of potential security threat from Venezuela

The United States hopes that a meeting next week at the United Nations on Venezuela will pave the way to international action to prevent the crisis from turning into a security threat, according to a US document sent to the Security Council on Friday.

US Ambassador Nikki Haley will chair the informal council meeting on Monday held as Venezuela, already reeling from political and economic crises, teeters on the brink of default.

"The international community needs to work collectively to address the unfolding crisis and its humanitarian impact in Venezuela and beyond before it worsens and potentially develops into a threat to international peace and security," the US mission said in the document obtained by AFP.

Webmaster's Commentary: 

I am having a double Picard facepalm, at warp speed, upon reading this.

Ambassador Haley, do you not understand that it has been, in large part, courtesy of US sanctions against Venezuela that people are dying, and represent utterly no "threat" whatsoever, except that conjured in your febrile brain?!?

The Venezuelan people people need humanitarian aid, and right the heck now; food, water, shelter, and medications; but to criminalize them as a "threat" is just plain hipocritical , not to mention entirely insane.

Nov 11 06:57

U.S. Imposes Oil Blockade to Force Venezuela into Default

The U.S. is betting on the default of Venezuela affecting its financial credibility and hampering its debt repayments.

While continuing the commercial and financial embargo and the systematic attack on PDVSA, it was revealed at the start of November that imports of Venezuelan oil to the United States this year have declined to 56 percent compared to last year. This multi-pronged attack that this state industry is facing as the main foreign exchange earner of the country, has been run by a network of internal allies, many of whom have been detained by the Public Prosecutor's Office in recent months. This was after the former Attorney General Luisa Ortega Diaz became a key factor in allowing the continuity of these mafias to operate within the company.

In addition to corruption and internal sabotage, PDVSA is facing a series of sanctions for the issuance of debt, which has also complicated transactions with U.S. refineries for the purchase of crude oil.>>>

Nov 11 03:28

At UN, US Warns of Potential Security Threat From Venezuela

The United States hopes that a meeting next week at the United Nations on Venezuela will pave the way to international action to prevent the crisis from turning into a security threat, according to a US document sent to the Security Council on Friday.

US Ambassador Nikki Haley will chair the informal council meeting on Monday>>>
***
"The international community needs to work collectively to address the unfolding crisis and its humanitarian impact in Venezuela and beyond before it worsens and potentially develops into a threat to international peace and security," the US mission said in the document obtained by AFP.

>>>

Nov 10 11:50

Venezuela Officially Declared In Default

Today at 11am, the ISDA Determinations Committee sits down to decide whether an event of default has occurred due to the delayed principal payment on the Petroleos de Venezuela SA, or PDVSA, bond that matured Nov. 2, in the process triggering PDVSA (and perhaps Venezuela) CDS, and officially declaring Venezuela in default.

We won't have to wait that long: moments ago, Wilmington Trust, the Trustee of the 8.5% bonds due 2018, issued by Corpoelec, Venezuela's electricity company, declared that the missed interest payment originally due October 10, and whose 30 day grace period expired on November 9, and for which no pament was sent or received, officially constitutes an event of default.

Webmaster's Commentary: 

I think that the question which now has to be asked, is will Venezuela be allowed to restructure their default, or will the country's economy just be pushed into complete, systemicfailure by US economic interests?!?

The Venezuelan people certainly deserve better than this.

Nov 09 10:25

EU envoys approve sanctions on Venezuela

Members of the European Union have announced their support for a series of sanctions by the bloc against Venezuela as the South American country continues to clash with the Western governments over an ongoing crackdown on the opposition.

Nov 09 09:40

U.S. military joins Brazil army exercises in Amazon

U.S. military personnel are taking part this week in the largest international army operation ever held deep in the Amazon jungle of northern Brazil, in a sign of closer U.S.-Brazil defense ties.

Nov 02 16:57

Indigenous Tribe Prepared to Fight to Defend Amazon From Brazilian Mining

By Derrick Broze

Several new reports indicate that the Waiãpi tribe of the Brazilian Amazon remains committed to opposing future mining projects on or around their land. The Waiãpi’s reserve is in the rainforest near the eastern end of the Amazon river in a conservation area called Renca.

The Waiãpi have been under threat of extinction since the Brazilian government’s indigenous affairs department first made contact in 1973. The government first reported that the tribe was made up of only 150 people. More recently the tribe has over 1,200 people...

Oct 31 09:40

Don't mention it! Russia pardons $1 billion of Venezuela's debt for 2017

Russia will not demand Venezuela repay its owed debt in the amount of $ 1 billion for 2017 alone, said the head of Russia's Minister of Finance Anton Siluanov.

Thus, Moscow continues to support Caracas and the Maduro led government. At the same time, there is no coherent reason to demand a return of the money from Venezuela, due to the severe economic and social crisis in the country, accompanied by a currency deficit, would not allow it to be payed off.

Oct 31 01:06

37 Percent Rate Increase In 2018??? Obamacare Is Imploding And It Must Be Repealed Now!

Are you ready to pay 37 percent more for health insurance in 2018? Obamacare is imploding faster than most of us imagined, and these rate increases are absolutely killing hard working middle class families all across the country. I wrote about the steady erosion of the middle class yesterday, and health insurance is one of the main reasons why the cost of living is increasing at a much faster rate than our paychecks are. It greatly frustrates me that we have given the Republicans control of the White House, the Senate and the House of Representatives and Obamacare still has not been repealed. The truth is that should have happened on day one of the Trump presidency.

Oct 25 20:55

America's Drug War is Devastating Mexico

Even if the drug war were to end today, there would still be street crime and gangs in the far-distant future. However, these issues would be on a dramatically smaller scale. Mexico’s street gangs could never ascend to the level of an organized crime outfit without the massive profits from illegal drugs to pay for the necessary weaponry, hitmen, political protection, etc.

Oct 24 07:29

Venezuelan Opposition Governors Pledge Allegiance to Pro-Government Assembly

Four newly-elected opposition governors pledged allegiance to Venezuela's Constituent Assembly, which until now they had dismissed as illegitimate, authorities said. The governors broke with their coalition's official position to swear themselves in before a pro-government legislative superbody, in a major setback for Venezuela's opposition, TRT World reported. The Democratic Unity coalition went into the October 15 gubernatorial polls as favourites for a big win due to voter anger at a brutal economic crisis in the OPEC member, but it ended up only taking just five of 23 states. Initially alleging fraud at the election, the opposition later acknowledged abstentionism in its ranks played a big part in the defeat, which cast into question its ability to beat the ruling Socialist Party at next year's presidential vote.

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