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6 Aug 2017
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Venezuela out of Mercosur trade blocl
Venezuela official: Military quashes attack at base | Daily Mail Online
In Latin America, protests and attempted coups come and go - and these are usually ignored by the Ministers of Mercosur, but not this time. ( the old see no evil, hear no evil, speak no evil philosophy) see article above!
My thoughts:
Simon Bolivar, https://en.wikipedia.org/wiki/Simón_Bol%C3%ADvar
author of the Bolivanian revolution - his attempts to unify South America succeeded in ending Spanish rule and he became a South American hero -
The late President Chavez of Venezuela tried to walk in Bolivar's footsteps and with Cuban assistance - Cuban doctors/social and military assistance in exchange for oil tried to throw off the modern day corporate conquistadores.
Of course there are many points of view - reading the attached article represents only one point of view.
xfiltrate
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6 Aug 2017
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Unfortunately Venezuela is in the verge of a civil war between the two biggest political groups and the external interference from many private groups and governments makes things even worst. Venezuela is such a beautiful place but have been plagued with political turmoil for the last century, specially after they discovered oil there. I just hope they can have the chance so solve their problems without too much external interference and doesn't become a new Ukraine in the near future.
Last edited by bkm_br; 6 Aug 2017 at 20:05.
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7 Aug 2017
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The latest on Venezuela
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8 Aug 2017
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Not a lot of benefit being in a Trade Bloc if you have no goods to sell and no money to buy any either
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8 Aug 2017
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Venezuela
Hey Tony, don't forget about the "Black Gold"
The economy of Venezuela is largely based on the petroleum sector and manufacturing. Revenue from petroleum exports accounts for more than 50% of the country's GDP and roughly 95% of total exports. Venezuela is the sixth largest member of OPEC by oil production.
GDP growth: -14% (2017) GDP rank: 32nd (nominal) / 47st (PPP)
GDP per capita: $15,891 (2015, PPP); $4,262 ... Exports: $28.07 billion (2016 est.)
Eat , Drink and Be Careful xfiltrate
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8 Aug 2017
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Quote:
Originally Posted by xfiltrate
Hey Tony, don't forget about the "Black Gold"
The economy of Venezuela is largely based on the petroleum sector and manufacturing. Revenue from petroleum exports accounts for more than 50% of the country's GDP and roughly 95% of total exports. Venezuela is the sixth largest member of OPEC by oil production.
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Don't forget that Venezuela have the biggest oil reserve in the world thanks to the Orinoco Belt.
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