Archive for the ‘China’ Category

China: Cristina’s twit UPDATED

Wednesday, February 4th, 2015

er, tweet,

Argentine President’s Tweet Mocks Chinese Accent During Official Visit

Argentine President Cristina Fernandez de Kirchner mimicked the Chinese accent in a tweet, replacing r’s with l’s, as she met with Chinese President Xi Jinping during a visit to raise investment in the recession-hit South American economy.
“Did they only come for lice and petloleum?” Fernandez wrote in Spanish on her Twitter account in reference to 1,000 businessmen who attended a conference where she spoke.

The best way to get a foreign government to give you billions of dollars to bail out your economy, is to make fun of their accents.

She must be off her meds.

UPDATE:
Cirstina’s ¿Serán todos de “La Cámpola”? refers to La Cámpora, a political patronage network whose purpose is to secure political support within the government for Cristina’s own Front for Victory party:

Kirchner has direct control over the network that has significantly increased its presence in state ministries and companies over the past several years.

Venezuela: Maduro does/doesn’t get $20billion UPDATED

Thursday, January 8th, 2015

After Russia, Venezuelan dictator Nicolas Maduro headed to China in his search for funds. He wore a suit:

He didn’t get what he was after:

When Nicolas mentioned US$ 20 billion, the Chinese smiled. An unscrutable [sic] smile at that. US$ 20 billion, they said, we would not pay that for all of Mongolia, said one of the Chinese. Nicolas argued back saying Sidor alone was worth US$ 10 billion, to what Ling Pin answered: “Chavez paid US$ 1.97 billion for it when it was functioning and eporting [sic]”. As we went out Maduro asked me what that was about and I said: “I did not know that”

Devil’s Excrement has the unofficial Road Trip or The Fantastic Voyage tale.

Bloomberg has the serious take:
Maduro Says Venezuela Gets $20 Billion New China Investment.

Let that heading sink in: Maduro says.

Moving right along (emphasis added),

The impact of the announcement will depend on how much of the $20 billion will be a cash transfer instead of long-term contracts for Chinese goods and labor, Eurasia Group analyst Risa Grais-Targow said in an e-mailed report.

“The funds do not necessarily represent freely available cash that the government can use for imports or to make debt payments,” Grais-Targow said.

Venezuela owes China over $45 billion in loans over the past decade, mostly in return for oil supplies, including a $4 billion loan in July. [Note: In Wednesday’s podcast, I said that Venezuela owes China over $50 billion, not including the July 2014 $4b. I stand corrected.]

Things are bad enough that

Foreign companies working to develop some of Venezuela’s most prized oilfields are asking to be compensated with crude as a way to recover hundreds of millions of dollars in unpaid cash owed to them

which, by the way, also avoids the foreign currency control mess.

But wait!

Maduro’s not the only guy looking to China for a handout:
Correa Heads to China for Financial Lifeline
Ecuadorian President Secures US$7.5 Billion Loans to Plug Oil Shortfall

Correa has already netted loans worth US$7.5 billion and signed nine bilateral cooperation agreements with his Chinese counterpart, Xi Jinping.

China Boosts Support for Latin Leftists
China Pledged Billions of Dollars of Financing to Venezuela and Ecuador, Two South American Energy Exporters Battered by Falling Oil Prices

Experts said it was unclear without further details what kind of impact the new financing would have on the Venezuelan and Ecuadorian economies.

Next thing you know, Nic & Rafa may have to start building canals.

UPDATE:
The planned investment is weird stuff

Venezuela: Maduro wants a Puerto Rican out jail

Tuesday, January 6th, 2015

. . . who didn’t want to be pardoned.

Taking a cue from the U.S.-Cuba sweet deal (sweet for Cuba, that is), Venezuelan dictator Nicolás Maduro wants to make a deal:
Venezuela’s Maduro would free Lopez if U.S. freed Puerto Rican

Venezuelan President Nicolas Maduro said on Sunday he would only seek the release of jailed opposition leader Leopoldo Lopez if the United States agreed to release a Puerto Rican nationalist currently held in a U.S. prison.

The man in question, Oscar Lopez Rivera, is serving

70 years for seditious conspiracy and a variety of weapons charges as well as the second thwarted escape attempt (which included plans for the use of violence)

in Leavenworth, and,

he is a dangerous terrorist as well as a sociopath, and has never been known to express any regret or remorse. He was a co-founder of a deadly terrorist group, who constructed bombs (their weapon of choice) and trained others in both how to build them and how to use them. He twice attempted to escape from prison, and the latter attempt included plans of violence and murder.

Lopez-Rivera was offered clemency by Bill Clinton in August of 1999 (in a move that was engineered by then Deputy Attorney General Eric Holder) but refused to show remorse.

So, not only is Maduro meddling into Puerto Rican politics again – where he clearly is not wanted, he’s offering to exchange Leopoldo Lopez, an innocent man, for a sociopath terrorist:

“The only way I would use (presidential) powers would be to put (Leopoldo Lopez) on a plane, so he can go to the United States and stay there, and they would give me Oscar Lopez Rivera – man for man,” Maduro said during a televised broadcast.

After his offer, Maduro headed overseas – in a Cuban jet – in search of money, since at home the shelves are empty and oil hit $50/barrel as of the writing of this post.

He bundled up for the occasion:

First Russia, where Putin couldn’t fit him in his schedule. After that, China, where he has a date with

Chinese President Xi Jinping during his visit and take part in a meeting between China and the Community of Latin American and Caribbean States Jan. 8-9 in Beijing.

Busy, busy.

UPDATE:
Regarding China, read today’s post by David Goldman.

China will be more active in Latin America.



Arguing with idiots about #Cuba

Tuesday, December 30th, 2014

A. J. Delgado has a great post (complete with Big Lebowski gifs), Arguing with idiots about #Cuba (h/t Babalu). Here’s a sample,

“But we do business with other repressive regimes.” 
Hm, I’m aware.

Screen Shot 2014-12-25 at 9.04.59 PM

But…

a) The “America might as well trade with Cuba because we do with X, Y, Z” is simply hogwash. Do eight wrongs make a right? Also:

– Is a single ONE of those nations in the Western Hemisphere? No. (Hard truth: we do care more about what happens in, say, England, than in Tibet. Sorry.)

– Do we have strong cultural and historical ties with any of those nations, dating back over 200 years? No.

– Did any of those nations confiscate over $1 billion dollars in US property at the time, done by the very same regime/family in power now? No.

b) More importantly, though, we’re bound by reality. Are some of our oil-supplier partners not exactly good guys? Sure. But our economic realities prevent us from ignoring that market. Ditto with China. Cuba, however, we can realistically shun.

c) Speaking of China (which anti-embargo proponents love to bring up, thinking it’s their pièce de résistance), China is not a fully Communist model in its economic approach. Unlike Cuba, a surprising amount of private enterprise and ownership is allowed. And, a surprising amount of the wages paid to factory workers, for instance, end up in the workers’ pockets. Meanwhile, Cuba has been busy passing legislation this year (no doubt in anticipation of the Obama-deal) dictating the government will keep over 90% of a worker’s wages derived from a foreign company. In any event, thanks to this business, the Chinese government is now the most well-funded tyrannical regime in history. Is that something we want to do again? Just askin’…

On the China issue, Noah Rothman points out,

First, as The Federalist’s Sean Davis pointed out, the parallels between the extension of diplomatic relations to Cuba and similar overtures toward China and Vietnam are misguided. The American interest in “opening” China was primarily political; exacerbate Sino-Soviet tensions, bifurcate the communist world, and provide America with a freer hand to prosecute the Vietnam War.

China under Zhou Enlai and Deng Xiaoping engaged in dramatic market-oriented economic reforms in the 1970s, and there was no “normalization” of relations between Beijing and Washington until 1979 – well after Kissinger and then Nixon had famously visited the reclusive communist giant in 1971 and 1972 respectively. Reforms first, normalization second.

Moreover, the suggestion that the opening of bilateral diplomatic ties and business relations between America and China helped to transform the People’s Republic into a human rights paragon overnight is complicated by the 1989 massacre of peaceful pro-Democracy protesters in Tiananmen Square. Even today, despite a booming and markedly capitalist economy, China remains one of the world’s leading human rights abusers.

No, Cuba is not China.

No, you can’t have free markets without free peoples.

No, objections to Obama’s “normalization” are not caused by our “outdated Cold War perspective”.

Yes, those who oppose the embargo were vociferous about South Africa’s apartheid, even when Cuba’s communist regime is blatantly racist, and practices a de facto apartheid medical system.

But, as A.J. is aware, when it comes to Cuba, you can’t cure stupid.

Parting question, has anyone found the list of the 53 political prisoners that were supposed to be released yet? I’m still looking.

About that Nicaragua Canal . . . UPDATED

Monday, December 29th, 2014

Instapundit links to a post on the proposed Nicaragua canal, and, since his website rejects my comment on the grounds that “Your comment currently includes words that are not allowed,” I’m posting it here (links added):

I’m very skeptical on the proposed project.

So far the only investor is Wang Jing’s HKND Group, which may (or may not) be a cover for the Chinese government, a company that made a $300 million telecommunications contract with Nicaragua.

For the Canal deal, “HKND would raise the $40 billion needed to build the canal and would have the right to operate and manage it for up to 100 years before turning it over to Nicaragua. In the meantime, Nicaragua would have a controlling interest in the canal and receive income from it.”

A final route for the canal has not yet been announced.
The following have not been made public:
No details on where the funds come from.
No feasability studies.
No environmental impact studies.
Indeed, no studies for the project have been made public.

Additionally, “it appears that the project would also include an oil pipeline, two deepwater ports, an airport, a railway, and two free trade zones. With a projected total price tag of $40 billion, the overall project would cost four times Nicaragua’s 2011 gross domestic product ”

The expansion of the existing Panama Canal cost $5.7 billion. The Nicaraguan canal would be 3 1/2 times longer over an existing shallow lake, & is estimated to cost only $40 billion? On the Country of Lakes and Volcanos?

While i agree that “a healthier Latin America, both economically and politically, is very much in our interest”, Nicaragua, hostile to the US, is following the Venezuelan model, not the healthiest economically and politically.

Until all these items are clarified, my advice is “don’t be the next Lord Crawley.”

UPDATE
Comment
from Doug Wenzel,

Jorge Luis Quijano, Administrator of the Panama Canal Authority says in an interview granted to La Estrella de Panamá that ACP experts estimate this as being a $65-70 billion project, and that five years is way too optimistic. There are also many questions about Environmental mitigation.

http://laestrella.com.pa/panama/nacional/quijano-invertiria-solo-real-canal/23831295

My personal focus is not on that, but on OpEx for this canal. First, the much longer time in canal waters at slow speed mitigates some of the distance advantage for certain port pairs, and has the largest effect on time-sensitive cargoes, which may be willing to pay the highest tolls per ton.

More importantly, the route will require triple the maintenance dredging, as well as triple the piloting and tugboat hours. Those will all affect what the canal can charge for a transit, and therefore the gross margin per transit.

Furthermore, of all the ships that could only use this canal, and not the one in Panama, most transport low value, time-insensitive cargo. (bulk carriers and VLCC’s). The Maersk EEE and larger container ships can call on only a few dozen ports worldwide, not just because many ports can’t physically handle their size or draft, but because most ports can’t produce enough demand to justify a weekly or even biweekly port call.

This canal is obviously a threat to the tolls that Panana could charge. However, in a race to the bottom, the low cost provider usually wins, and Panama will have lower costs because the Panama Canal is so much shorter.

—————————-

Panama’s neighbor to the north, Nicaragua, is hoping a transoceanic canal and similar prosperity are in its near future; now that Venezuela’s oil money dries up, does this mean China is willing to prop up the Nicaraguan economy?

From back in 2008, China’s Control of the Panama Canal Revisited.

Ecuador: Selling it to China

Friday, December 19th, 2014

This is a photograph of a 420,000-gallon oil spill in Ecuador’s Amazonian region in June 2013:

Andrew Ross, writing at The Nation, asks,
Why Is Ecuador Selling Its Economic and Environmental Future to China?
The slick, oily underside of Correa’s “citizens’ revolution.”
(emphasis added)

While large swaths of the Amazon Basin remain uncharted, the most telling maps depict the region carved into numbered oil blocks, some of them hundreds of square miles in area. The Pañacocha field, for example, sits in Block 12; the ITT oil reserve is located in Block 43; and Block 57 is where Suárez took me. The blocks are periodically auctioned off as concessions to oil companies, and more and more of them are marked as a Chinese claim or interest. The Chinese extraction sites are remote, but anyone traversing the Amazon waterways, as I did this past summer, will routinely pass boatfuls of Chinese oil workers. At this point, China exercises a near monopoly on Ecuador’s oil—up to 90 percent this year alone—and is fast becoming the dominant player in mining and mineral extraction.

Of course, Ecuador is hardly alone in its growing dependence on Beijing. China committed almost $100 billion in loans to Latin America between 2005 and 2013—$15 billion last year alone, while the World Bank lent a mere $5.2 billion. But many believe that the erosion of sovereignty has been sharper in Ecuador than elsewhere in the region. The terms of its loans from Beijing are not fully transparent, giving rise to the worst suspicions. A March 2014 Amazon Watch report alleged that Petrochina has the contractual right to seize assets from any oil companies operating in Ecuador if the nation does not pay back China in full. A more extreme version of this claim is that the terms of loans include a “sovereignty immunity waiver,” that permits China to seize Ecuador’s own assets if it defaults. One of the administration’s chief critics, Acción Ecológica director Alexandra Almeida, told me that “the agreements with the Chinese are unlike any other. Even with Chevron we knew what we were getting. No one knows that much about the Chinese loans.”

Ross views the situation from the left, saying things such as “On the face of it, Beijing is not as easy to demonize as the infamous Paris Club, which represents the interests of Northern creditors,” and “has no history of ecological debt to Latin America.” But Ross is not blind to the fact that

environmentalists, like the YASunidos, have become Correa’s number-one enemy, labeled by some of his ministers as “enemies of the state.” Recent shifts in the interpretation of the penal code have made it possible to criminalize dissidents as “terrorists,” and domestic repression is growing.

Read the whole thing.

Venezuela: Oil break-even price?

Tuesday, December 2nd, 2014

Tom Bemis looks at Breakevens for most major oil-producing countries (emphasis added)

A widely used measure of the impact of oil prices on major producers’ governments is the fiscal breakeven price. That’s “the average price at which the budget of an oil-exporting country is balanced in a given year,” according to Standard & Poor’s. Estimates of fiscal breakeven prices can vary considerably based on a variety of factors including actual budget expenditures, and differences in oil production forecasts.

In most cases, the oil price necessary to balance the budgets of major oil producing countries is above $100 a barrel in 2015, according to data from Citi Research’s Edward Morse.

Venezuela, already facing serious fiscal woes and rampant inflation, needs oil at $151 a barrel next year to balance its budget, according to the data.

Iran, which has yet to agree to curb development of nuclear weapons and heavily subsidizes gasoline for its citizens, needs oil at $131 a barrel.

And Russia, whose seizure of Crimea and continuing aggression towards Ukraine has raised tensions throughout Europe and inspired western financial sanctions, needs oil at $107 for a chance of getting its finances in order.

Silvana Ordoñez:

Venezuela’s future? ‘Barbarity and people looting’One analyst at Nomura recently estimated that Venezuela may need oil prices to hit $200 a barrel to balance its budget. (The precise figure is difficult to determine, because Venezuela doesn’t disclose as much economic data as other countries do.)

Will The Minister Come Back Empty Handed From China?

It seems as if President Maduro really believed that OPEC would cut production after he sent Ramirez to visit a few countries, including Russia, who happens not to be a member of OPEC. But as most analysts expected, OPEC did not cut production and scheduled the next meeting for next June, bringing a lot of people back to reality, including Maduro. It was only after Ramirez reportedly left the meeting “red faced”, that it sunk in that maybe Plan A was not going to work. Thus, Maduro switched to Plans B and C. Plan B is to “hope” that oil prices bounce back and plan C was to send Minister of Finance Marco Torres to Beijing to see if he can get some money there. Plan D was to name a commission to cut salaries and luxurious expenses. Yeah, sure!

I have been arguing with a bunch of friends about the probability that Torres will come back with a significant loan, which I peg to be around 0.00001, but they seem to think it is somewhat higher. You see, they actually believe that Venezuela has something to offer the Chinese, like oil or oil fields. But the reality is that Venezuela has little to offer at this time and the Chinese know it, so that Minister Torres is very likely to come back empty handed.

Related:
María Corina, and a unified theory of rationed repression



Mexico: And now, for #Articulo39RenunciaEPN

Tuesday, November 11th, 2014

The latest hashtag, #Articulo39RenunciaEPN (say that fast three times!) refers to a corruption scandal, and twitterers are asking that president Enrique Peña Nieto resign,
Mexico Leader’s Woes Follow Him to China
Revelations that a mansion used by President Enrique Peña Nieto’s family was held by a Mexican company whose owner has won big government contracts reverberated from Mexico to China on Monday.
(emphasis added)

The president’s office defended the home by saying it wasn’t the president’s property, but rather the first lady’s, who was paying the home in installments. It declined to give more information.
. . .
As the president flew to China for trade talks he faced controversy there as well.

A Chinese partner of the Mexican company, Grupo Higa SA, threatened to pursue legal action against Mexico’s government after it abruptly canceled their consortium’s $3.7 billion contract to build a bullet train in Mexico last week.

“The company is extraordinarily shocked by Mexico’s decision,” state-run China Railway Construction Corp. said in a statement late Sunday. “The bidding for the high-speed rail project complied with the requirements of the Mexican government.”

The Mexican government canceled the concession for the high-speed train project Thursday, days before news broke that one of the partners on the project held the title to the first lady’s home.

The house title

The house title is in the name of a company called Ingenieria Inmobiliaria del Centro, according to property records reviewed by The Wall Street Journal. That firm is owned by Juan Armando Hinojosa Cantú, the owner of Grupo Higa SA and its unit Constructores Teya, which won part of the bullet-train contract as well as several big contracts during Mr. Peña Nieto’s 2006-2012 term as governor of the State of Mexico, according to public information.

Eduardo Sánchez, a spokesman for the president, told The Wall Street Journal that the home in question, which has six bedrooms and is in one of Mexico City’s most exclusive neighborhoods, belongs to the first lady, Angélica Rivera, a former soap-opera star.

Which gives new meaning to the term “drama queen.”

Pardon my cynicism, but I’m having a Capt. Louis Renault moment,

There’s a candle vigil/demonstration scheduled for tonight at 7PM,



China in Latin America

Friday, July 18th, 2014

Interesting article by Shannon Tiezzi, China’s Goals in South America
China’s main goals in South America are economic, but it also hopes to win public and political support.

an economic push by China is also a soft power push, as Beijing uses its funding (both public and private) to win goodwill in developing countries. This is also accompanied by China’s hope to increase cultural exchanges and establish more Confucius Institutes in the region. There are currently 32 Confucius Institutes in Latin America, according to Xinhua.

It’s China’s hope that economic support and soft power will translate to political backing, a strategy that Beijing has used in Africa as well.

And let’s not forget a little palm greasing may be involved, too.

The Holy Week Carnival of Latin America and the Caribbean

Monday, April 14th, 2014

LatinAmerIt’s Holy Week, and taxes are due tomorrow – not exactly the most cheerful way to start a week.

ARGENTINA
Federal police launch huge raid on Argentina’s ‘drug capital’
More than 3,000 federal agents involved in raids on around 80 ‘bunkers’ in the Argentine city of Rosario, plagued by violence between drug gangs

YPF, Chevron to Invest $1.6 Billion in 2014 in Argentina’s Vaca Muerta
Both companies will share equally in the investment outlay, which will go toward drilling 170 wells and building production facilities in Loma Campana, Neuquen
. Good luck with that.

Argentina hit by general strike over high inflation and taxes

Metro, train and bus services around the country have been paralysed, as Ignacio de los Reyes reports
Public transport in Argentina has been severely disrupted by a huge nationwide strike against the economic policies of the government of President Cristina Fernandez de Kirchner.

So, of course, Cristina’s trying to create a diversion: UK Falklands military exercises ‘provoke’ Argentina

BOLIVIA
Is There A Connection Between Hillary Clinton’s ‘Shoe-icide’ Attacker And Che Guevara?

But while everyone is talking about the shoe, little is talked about what the woman also threw along with it: a copy of a Department of Defense document labeled confidential and dated August 1967; it referred to an operation “Cynthia” in Bolivia. Operation “Cynthia” was a Bolivian army maneuver to capture Argentinean doctor and Cuban revolutionary Ernesto “Che” Guevara.

BRAZIL
Brazil’s economic problems cloud 2014 elections
Brazil’s macroeconomic picture poses problems for the country’s 2014 elections, reports Bloomberg’s David Ingles

Fighting breaks out in Rio de Janeiro as police move to clear 5,000 squatters from buildings

Brazil 2014: less than half of country favour hosting World Cup
Just 48 per cent of Brazilians are in support of the country hosting this year’s tournament, which begins in June

CHILE
Fire destroys 500 homes in Valparaiso
Ambulance crews have treated residents for smoke inhalation but so far there have been no deaths

COLOMBIA
Keep FARC leader Timochenko alive for peace?

Colombia has a loose-tongued president.

Yesterday, Juan Manuel Santos told us he knew where FARC commander alias Timochenko is hiding, but claimed he’d “think twice” before ordering a shoot-to-kill.

COSTA RICA
Costa Rica Installs Coastal Radar to Monitor Drug Smuggling

CUBA
Families of Shootdown Victims: No Spies for Gross Exchange

UPDATED | Cuban political prisoner Lamberto Hernández Plana released after 23 years in Castro gulag

French Foreign Minister Visits Cuba
A French foreign minister visited Cuba for the first time in more than 30 years Saturday, traveling to the communist-run nation at a time when it is seeking to attract more foreign investment and improve ties with the European Union.

ECUADOR
It’s what you call a totalitarian democracy: Does Ecuador’s leader aspire to a perpetual presidency?
Ecuador’s constitution bars Rafael Correa from running for the fourth term. But this won’t stop him from seeking reelection if ‘the people’ want it, he hints.

JAMAICA
Entrepreneurs demand ‘respect’ in Jamaica

LATIN AMERICA
Chinese lending to Latin America
Flexible friends
China lends disproportionately to countries that lack other options
and, while on the subject of China, A Pax Sinica in the Middle East? Some Conjectures

Andres Oppenheimer: Latin America’s forecasts may be too rosy

MEXICO
Mexico prepares first illegal drug financing blacklist
Mexico’s cartels launder billions of dollars a year made by shipping illegal drugs to U.S.
with a proviso,

[Mexican Finance Minister Luis] Videgaray said individuals identified by OFAC [the U.S. Treasury’s Office of Foreign Assets Control], or in a similar list put out by the United Nations, could end up being sanctioned in Mexico but that his administration would not necessarily implement all U.S.-identified targets.

NICARAGUA
Nicaragua Sees Series of Arrow Killings of Dogs using crossbows and custom carbon arrows.

PANAMA
Panama Canal expansion draws bigger customers, and criticism
This year marks the 100th anniversary of the Panama Canal, one of the busiest waterways in the world. A massive building project is underway there to widen it for larger ships, but the expansion has not been undisputed.

PERU
Peru Arrests 24 for Alleged Ties to Shining Path Rebels

Bello
Peru’s Italian job
Economic success cannot indefinitely co-exist with political weakness
The “Italian model” holds that the important thing is that the economy was run by responsible technocrats. How’s that working out?

The real lesson from Italy is that if the political system is unable to act in the long-term interest of the majority, it ends up contaminating the economy with its failures. Peru is a democracy without meaningful parties. A regional election in October is likely to repeat the last one, in which 23 of the 25 regional presidents were independents. Thanks to mining and gas royalties, they command a big chunk of public money. One important region, Áncash, has become a mafia mini-state. Ten political opponents of the regional president, César Álvarez, have been murdered after denouncing corruption. His critics accuse Mr Álvarez, who denies all wrongdoing, of having bought off prosecutors. This month Mr Humala froze Áncash’s bank accounts.

It always amazes me that countless “models” – the Danish model, the Swedish model, etc. – are held as examples worth emulating in Latin America, instead of free market capitalism.

PUERTO RICO
Vatican Clears Puerto Rico Bishop Daniel Fernandez in Abuse Case

URUGUAY
Uruguay to make medical marijuana available to prisoners
Any inmates who have been prescribed marijuana to improve their physical or mental health will have access to it according to the country’s drug tsar

VENEZUELA
Venezuela: sector de la oposición rechaza diálogo

Venezuela Update: Violence, protests and … talks?

Massive repression against protestors in Venezuela by security forces of Cuba-backed dictatorship

Venezuela’s Protest Movement Fights The Ghost Of Chavez
The legacy of Hugo Chavez hangs over Venezuela — and the country’s protest leaders are having a hard time bringing his followers into their fold.
Especially with the armed motorcycle gangs threatening them.

Venezuela’s old men have a dialogue

Venezuela gives Cuba three aircraft to transport Raúl Castro
The aircrafts –two Dassault Falcon 50 and one Falcon 900– are worth some USD 100-110 million

The week’s posts and podcast:
Venezuela: No food in the shops, but 3 jets for Raul

El libro que hay que leer: En español: Infobae entrevista a Casto Ocando, autor de Chavistas en el Imperio

And now for a Venezuela roundup

Ecuador: Rafael Correa at Yale UPDATED

Brazil: Airports not ready yet

Mexico: en español, Terapia Intensiva 203

Mike Hammer goes to Chile

New book: Chavistas en el Imperio

Cuba: Alan Gross on hunger strike – later Gross ends hunger strike in Cuba

At Da Tech Guy:
Bye-bye, Elementary

Cuba’s American hostage

Podcast:
Dr Gross in Cuba, Venezuela, Ecuador & US-Latin America stories of the week