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all the facts and news in Venezuela: the radicalization of the Chavez regime and the issues in private property, expropriation, freedom of the press, human rights and power abuses in Venezuela.

Sep
2
2011
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In Case You Missed It… Articles Roundup Week of 9/2/11

In this week’s roundup… President Hugo Chávez’s expropriations continue to raise the ire of multinationals, resulting in more international arbitration claims against Venezuela; pro-Chávez officials are reportedly setting up camp in Panama; $29 million goes unaccounted for in the government’s “petty-cash” fund; and Venezuelan authorities are once again pressed by human rights groups to protect freedoms. Venezuela: when multinationals sue, The Financial Times There’s nothing Hugo Chávez likes more than to shake his fist at…

 
Aug
30
2011
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Government Expropriations on the Rise in Venezuela

An in-depth analysis by the Venezuelan Confederation of Industries (Conindustria) reveals that since 2002, the Chávez government has taken over 988 foreign and domestic companies. Other findings from the study include the following data: – This year alone, 401 companies have been seized – that is 41% more than last year – In 2010, 284 companies were expropriated by the Chavez governmentBetween 2009 and 2010, there were 422 seizures, almost the same amount than in…

 
Aug
25
2011
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Chávez Over an Economic Barrel

José R. Cárdenas served in several foreign policy positions during the George W. Bush administration (2004-2009), including on the National Security Council staff. He is a consultant with Vision Americas in Washington, DC. Each time Hugo Chávez travels to Cuba for chemotherapy, he leaves behind an economy in worse shape than he is. As the Financial Times put it recently, “Venezuela’s economy suffers from all kinds of unique problems, which the government does seem to…