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Message to INFODIO readers: investigative journalism, which is what this site does, takes lots of time. Visiting media looking for a quick run down on Venezuela's gargantuan corruption, have the decency to at least cite the source when plagiarising this site's content without attribution (exhibit Reuters here and here, exhibit Bloomberg here, exhibit OCCRP here). To all readers, do the right thing, the honest thing: support independent investigative journalism, help us expose rampant corruption. Note added 28/06/2021: impostors are using this site's former editor's full name, and a fake email address (alek.boyd.arregui@gmail.com) to send copyright infringement claims / take down requests to web hosting companies (exhibit Hostgator). The attempt is yet another effort paid by corrupt thugs to erase information about their criminal activities. Infodio.com has no issues with other websites / journalists using / posting information published here, so long as the source is properly cited.
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Venezuela: Hell on Earth
By Walter Molano, BCP Securities, LLC | As Colombia transforms itself into an oasis of prosperity, Venezuela descends deeper into the dungeons of hell. Some academics propose that a country's leadership has a limited impact on a nation's trajectory. They argue that it is more dependent on its natural endowments, social structure as well as random exogenous factors. However, this is not the case with Venezuela.
Dictator Chavez grants himself veto powers
A few years ago, searches for Venezuela in Google News use to return about 3,000 results. Today, it returns more than 25,000. Alas such explosion of news articles does not mean that objective coverage has increased eight fold. It continues to be lacking. Take for instance news that Hugo Chavez vetoed universities and tax increase laws. Thus far, AP bureau in Caracas sent a wire, from Ian James, that was picked up by the New York Times and Business Week.
On the Chavez & USA diplomatic spat
Got a call this morning from the BBC World Update programme, requesting my comment on the current spat between Hugo Chavez and the USA, over US Ambassador to Venezuela designate Larry Palmer.
Venezuela partners with Petropars, OFAC designated Iranian company
Published in Gaceta Oficial no. 39.577, on Monday 20 December 2010 (page 2 & 3), Hugo Chavez's lame duck congress announced the creation of a partnership ("empresa mixta"), with Petropars UK Limited, a London-based entity that is wholly-owned by Petropars Ltd [board].
Reframing democratic deficit's debate: Chavez's Venezuela
After the parliamentary elections of December 2005, the National Electoral Council of Venezuela took more than 42 days to announce results. The CNE, at the time chaired by Jorge Rodriguez (later appointed Chavez’s Vice President), had trouble massaging abstention figures, which to this day are believed to have been above 85%. The current crop of people’s representatives were elected in 2005 by at best, 15% of Venezuela's electorate. Eventually, Rodriguez did come up with figures more amenable to the caudillo, decreasing the abstention rate to around 75%.