Archive for the ‘news’ Category

En español: Unidad de quemados

Wednesday, March 12th, 2014

@DrNetas habla con Genaro García Luna, el que anunció en 2010 la muerte de Nazario Moreno, alias “El Mas Loco” o “El Chayo”, al que mataron de nuevo:

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Argentina: Still in the hole for $185 million

Friday, March 7th, 2014

The Supreme Court on Wednesday revived a $185 million arbitration award British energy company BG Group PLC won against Argentina in 2007.

The high court, in an opinion by Justice Stephen Breyer, reversed a lower-court ruling that said the arbitration process that led to the award was invalid.

The case dates back to Argentina’s 2001-2002 economic crisis. BG alleged the Argentine government destroyed its investments in the country’s natural-gas distribution sector through a series of state actions. The company also said Argentina threatened businesses with serious penalties if they challenged the government’s crisis-era actions in that country’s courts.” target=”_blank”>The high court, in an opinion by Justice Stephen Breyer, reversed a lower-court ruling that said the arbitration process that led to the award was invalid.

The case dates back to Argentina’s 2001-2002 economic crisis. BG alleged the Argentine government destroyed its investments in the country’s natural-gas distribution sector through a series of state actions. The company also said Argentina threatened businesses with serious penalties if they challenged the government’s crisis-era actions in that country’s courts.

The BG Group case, by the way, is not the defaulted bonds case.

BREAKING NEWS Ecuador: Chevron wins

Tuesday, March 4th, 2014

WSJ: Judge: $9.5B Environmental Judgment Against Chevron ‘Obtained by Corrupt Means’

A federal judge ruled in favor of Chevron Corp. on Tuesday in a civil racketeering case, saying a record $9.5 billion environmental judgment in Ecuador against the oil giant was “obtained by corrupt means.”

U.S. District Judge Lewis Kaplan found that New York lawyer Steven Donziger and his litigation team engaged in coercion, bribery, money laundering and other criminal conduct in pursuit of the 2011 verdict.

Bloomberg: Chevron Wins U.S. Ruling Calling Ecuador Judgment Fraud

“It is distressing that the course of justice was perverted,” Kaplan wrote in a nearly 500-page ruling that followed a trial last year.

Related:
Will Legendary Law Firm Patton Boggs Be Swallowed or Evaporate? and How the Chevron Case Helped Wreck a Big Law Merger

Last month Locke Lord managing partner Jerry Clements told The Am Law Daily that the potential liabilities and “reputational aspects” of the Chevron matter were a key part of her firm’s due diligence efforts in evaluating a merger with Patton Boggs.

At Chevron’s blog: What You Won’t Learn on Ecuador’s Toxic Tour

Venezuela: Big shoes and misreports

Tuesday, March 4th, 2014

I’ve been looking at headlines like “Chavez’ legacy fades in Venezuela as crowds fill the streets”. Whoever came up with that one misses the point altogether: It is Hugo Chávez’s legacy that has brought people out on the streets. As I have explained before,

For over two weeks, the people have been protesting against the government. What started as a students’ protest has spread throughout the country – even the beauty queens are protesting. Why?

The protests accompany inflation officially at 56% (but likely much, much higher); the third-highest murder rate of any country in the world; and, according to an official index, scarce supplies of one out of four staple items needed in every home, such as cooking oil, corn flour, and toilet paper.

Nationalization and expropriation of private businesses, price controls, huge corruption, government printing money to finance itself (including having to pay bond yields higher than all 55 emerging markets tracked by Bloomberg) are all part and parcel of a ruined economy. The scarce benefits that may have accrued under Chavez are being eaten away fast by the crisis.

One of the causes for the rampant criminality is due to the multiple times when, urging his “Bolivarian Revolution,” Hugo Chavez  encouraged the poor to steal while he created a favored class, instead of directing his regime towards the rule of law. Chavez armed gangs that repressed opposition demonstrations (and, make no mistake, they’re on the attack now). He named to his cabinet men who were designated as “Tier II Kingpins”  by the U.S. Treasury’s Office of Foreign Assets Control. To worsen things, as part of his “war of all the peoples”, Chavez forged close ties with Iran and Hezbollah.

Add to how socialism has destroyed Venezuela, the regime’s suppression of the media

Daniel Duquenal put it more succinctly:

The protests come from people who realize that their future has been robbed by a narco-kleptocracy. Almost anyone in Venezuela that has aspirations to a better future through education, hard work, you name it, questions more or less actively the regime.

Chávez publicly declared himself a Marxist almost a decade ago, urging even the Catholic bishops to read “Marx, Lenin and the Bible“, but the WaPo says, “In Chávez’s big shoes, Maduro stumbles“.

Well, what the hell else do you expect, when the “big shoes” beat the country’s path to ruin?

Then there’s the outright dishonesty of some reports: Does this look like 5,000 people to you?

It did to AP’s Venezuela Bureau Chief Joshua Goodman. Alek Boyd takes Goodman to the woodshed over Misreporting Venezuela. Not that Goodman is alone. Why do they do it? (emphasis added)

In the opinion of Goodman et al, what we have here is a government supported by brown-skinned, poor, disenfranchised people trying to survive a wave of violence, unleashed by radical, conservative, educated middle classes, bent on wresting control through undemocratic means, to then surrender sovereignty to U.S. interests. Never mind the brutality, torture, and assassinations of innocent, and unarmed, students and civilians. Never mind the excessive use of military force to placate peaceful demonstrations. Never mind the presence of a de facto Cuban occupation army. Never mind the fact that chavismo has never won overall control of student and authorities bodies of Venezuelan universities, where voting is still done manually.

Chavismo needs / must advance this notion of it being democratic. Since parts of its discourse marries well with widespread anti Americanism, the BBC, Goodman et al do a fantastic job at misinforming the uninformed and the ignorant. Not only do they misrepresent the crisis, they also misrepresent the parties. No word would be read from this lot on how the “moderate” wing is supported by utterly corrupt chavista bankers and political operatives that are, in no small part, responsible for the current situation.

The “moderate” wing, by the way, that some refer to as the “official opposition”.

Boyd’s essay points to the importance of social media when the MSM abdicates its duty to present facts:

However, no amount of manipulated subjectivity passing as objective journalism can win the day against social media. While the reach of BBC and AP is, most certainly, global, it pales next to that of Twitter and Facebook, where the Venezuelan crisis is being reported in real time, unedited, by hundreds of thousands of citizen reporters armed with smartphones.

Go read the whole thing.

And while you’re at it, get rid of those “big shoes” of Chávez “reporters” are trying to throw at you.

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Related:
A YEAR INTO MADURO REIGN, MORE PROTESTS AND AN OSCARS CRACKDOWN IN VENEZUELA

This is not Ukraine: Venezuela will erode, not explode

Most deeply buried news item of the day: Iranian envoys in Cubazuela

Latin America at the #Oscars2014

Monday, March 3rd, 2014

Best Supporting Actor Jared Leto remembered the Venezuelan protesters:

To all the dreamers out there around the world watching this tonight in places like Ukraine and Venezuela, I want to to say we are here, and as you struggle to make your dreams happen and live the impossible, we are thinking of you tonight.

UPDATE:
Whoa! Kevin Spacey, too,

In Venezuela, most TV viewers could not watch the event as the private channel Venevision, for the first time in several decades of carrying the Academy Awards, did not broadcast the show Sunday night, which is hardly surprising, considering the Twitter campaign,

Mexican Alfonso Cuarón was a double winner: Mark Sanger and he first won for Best Film Editing (a category close to my heart), causing Paco Almaraz to quip,
And, as if were a livestock fair, the price of Alfonso Cuarón’s semen just quintuplicated . . .

Once Cuarón took another Oscar for Best Directing, a commenter in Almaraz’s feed was wondering if Cuarón would get cloned.

Just what the Venezuelans need: Jimmy Carter!

Friday, February 28th, 2014

As if the country wasn’t hapless enough already, Jimmy Carter’s on his way: Former President Plans on Visiting Country Amid Riots

Daniel Duquenal posts his Open letter to Jimmy Carter: Don’t you have any shame?

I can assure you that half of the country has no respect nor credibility for you and the other half thinks you are a mere fool that they can use and discard as needed.

Go read it all.

UPDATE:
Linked to by Pirate’s Cove. Thank you!

#SOSVenezuela: Hugo loses his head in Táchira

Friday, February 28th, 2014

Details at Gateway Pundit.

In other headlines,
Venezuelan Protests Mark Start of Six-Day Holiday

Venezuela Will Not Accept International Mediation – FM Jaua

Venezuela prosecutor: 5 more from domestic spy agency arrested in deaths of 2 at protests

Venezuela: “Don’t you get weary!”

Wednesday, February 26th, 2014

Tonight at 8PM EST in Silvio Canto’s podcast, we’ll talk to Victor Triay, author PLUS US-Latin America this week, including my article, Venezuela: “Don’t you get weary!”

Photographs from Venezuela, as women silently march Wednesday in Caracas

VIDEO Ted Cruz: To Save Venezuela, Sanction Iran and Starve the Castros

Venezuela, Cuba, Nicaragua: Russia to add military bases overseas UPDATED

Wednesday, February 26th, 2014

Last November Secretary of State John Kerry declared the Monroe Doctrine dead; Putin was listening:

Russia Seeks Several Military Bases Abroad – Defense Minister (emphasis added)

Russia is planning to expand its permanent military presence outside its borders by placing military bases in a number of foreign countries, Defense Minister Sergei Shoigu said Wednesday.

Shoigu said the list includes Vietnam, Cuba, Venezuela, Nicaragua, the Seychelles, Singapore and several other countries.

“The talks are under way, and we are close to signing the relevant documents,” Shoigu told reporters in Moscow.

The minister added that the negotiations cover not only military bases but also visits to ports in such countries on favorable conditions as well as the opening of refueling sites for Russian strategic bombers on patrol.

Earlier this week, US Secretary of Defense Chuck Hagel announced plans to shrink army to pre-World War II levels. His timing could not have been more perfect.

UPDATE, Thursday Feb. 27, 2014, via Kermit:
Russian spy ship docked in Havana

There you have it:

The Optimistic Conservative:

The timing of SSV-175’s patrol is presumably no coincidence. We don’t know exactly when she left her Northern Fleet home port on the Barents Sea, but since she was in Curacao on the 30th, we do know it was at least before 10 January (and probably before that. At an overall speed of 12 knots, the ship would have needed to leave the Barents around 2 or 3 January). It’s unlikely that the AGI is in Central America just for the excitement of popular unrest in Venezuela, however. The more interesting event could well be the deployment of the Iranian navy task force.

John Kerry was on TV just now saying “This is not Rocky IV.” No, it’s not: this is real.

Venezuela, en español: Entrevista con Gen. Ángel Vivas

Wednesday, February 26th, 2014

Fernando del Rincón de CNNEE entrevistó al General Ángel Vivas,

El exgeneral Ángel Vivas, que tiene una orden de captura en su contra por incitar la violencia, le dijo a Fernando del Rincón que “debemos rescatar la república democrática” libre de los poderes extranjeros que buscan “dirigir el destino de los venezolanos”.

“Los cubanos están en todas las estructuras del Estado venezolano”, dijo.

Más en el enlace.

UPDATE:
Linked to by HACER. Thank you!