Posts Tagged ‘Fausta’s blog’

Crisis at the Venezuela-Colombia border

Wednesday, August 26th, 2015

Venezuelan President Nicolás Maduro Deploys Army to Deport ColombiansPresident’s critics say he is seeking scapegoat as he deports more than 1,000 citizens of neighboring country

In recent days, Venezuela deported more than 1,000 Colombian citizens and closed key border crossings in the frontier state of Táchira, where Mr. Maduro declared martial law in several municipalities. The actions were allegedly aimed at cracking down on rampant smuggling of price-controlled Venezuelan goods into Colombia, a flow that aggravates shortages in Venezuela.

Venezuela’s armed forces were also deployed to root out what the government called a host of illegal activity. Mr. Maduro blamed that on what he said was an inflow of more than 10,000 Colombian immigrants a month.

Colombians flee homes in Venezuela amid border crackdown

The Colombians, many of whom have lived in Venezuela for years, said they were abandoning their cinder block homes in a riverside shantytown community known as “La Invasion” — the Invasion — fearing for their safety after they said they were given 72 hours to pack up and leave by Venezuelan security forces.

With makeshift pedestrian bridges between the two countries destroyed as part of a weeklong security offensive, police from Colombia helped migrants, including children and the elderly, ford the 10-meter wide Tachira River with mattresses, TVs and kitchen appliances slung across their backs and shoulders. Left behind were homes spray-painted in blue by security forces with the letter “R,” for reviewed, while those marked with a “D” are believed to be slated for demolition.

Venezuela border closing hurts innocent people: Colombian president, a rather lame reaction.

At the blogs:
Maduro Declares State of Emergency In Parts of Tachira State

Maduro plays the victim

Will it hold?

Video in Spanish,

Related:
Press Determined Not to Blame Venezuela’s Social and Economic Calamity on Its Chavista Government

Brazil: Cunha charged with corruption and money laundering

Tuesday, August 25th, 2015

Eduardo Cunha, whom the WaPo once referred to as Brazil’s evangelical Frank Underwood has been charged:

On Thursday, Brazilian Attorney General Rodrigo Janot formally charged Eduardo Cunha, Brazil’s highest-ranking lawmaker with commanding a farrago of felonies, including shaking down suppliers of Petrobras, the scandal-ridden national oil company, for some $5 million, and then laundering the bribes through more than 100 financial operations from Montevideo to Monaco.

Mac Margolis explains:

Ever since Cunha won the right to the top microphone in Congress, trouncing Rousseff’s own candidate for the job, the Rio de Janeiro lawmaker has dedicated his mandate to making her life miserable, delaying revenue raising initiatives and planting some “fiscal bombs” in Congress that would plump constituents’ earnings at the expense of the swelling public deficit.

So how do you say schadenfreude in Portuguese? After weeks of escalating rhetoric and street protests clamoring for impeachment, suddenly it’s Rousseff’s archenemy who looks to be on the brink.

But hold those vuvuzelas. While Cunha may be hobbled by the scandal, he’s hardly out of play. Even if the Supreme Court accepts Janot’s indictment and sends Cunha to trial, he has no obligation to step aside. Removing him would take half plus one of the 513 members of Brazil’s lower house, an ecosystem where Cunha is at home.

Cunha is second in line to succeed the president. As Speaker of the lower chamber he controls the legislative agenda and the budget.

As you may recall, Cunha made The Economist last month when he announced that he would defect to the opposition without leaving the Brazilian Democratic Movement Party (PMDB),

If numbers were all that mattered, the PMDB would be the most powerful party by far. Besides having more seats in Congress than any other, it outguns its main rivals, the PT and the centre-right opposition Party of Brazilian Social Democracy (PSDB), in state and local governments (see table). The PMDB has 2.4m card-carrying members, more than the PT’s 1.6m.

In Brazil’s Byzantine political environment, the move to charge Cunha may be seen as payback for Cunha’s defection, who in turn may deny approval of Dilma’s (rather weak, if you ask me) proposals to slash government spending, raise taxes and reduce bureaucracy.

More interestingly, the question remains whether Cunha would push to impeach Dilma (as the demonstrators demand), and if he does, will Dilma gather enough congressional support to avoid impeachment – with the help of PMBD members.

En español: Los spots de campaña de Sergio Massa

Tuesday, August 25th, 2015

Advertencia: Contiene malas palabras

Bolivia: The catch in the numbers

Tuesday, August 25th, 2015

Mac Margolis at Bloomberg writes about Bolivia’s Hollow Victory in the War on Drugs

Last week the United Nations Office on Drugs and Crime turned some heads. In a much-publicized press conference in La Paz, the UN announced Bolivia had reduced the amount of land planted with coca — the waxy leafed bush from which cocaine is made — for the fourth year running.

So far, so good, but (emphasis added),

Soon after the UN announced its survey, critics noted that the report focused on the coca leaf but omitted data on how much of the crop is being converted to cocaine. And without that data, the heralded fall in coca may be an optical illusion.

When it comes to trafficking and transport of cocaine,

One yardstick for the problem is the almost sevenfold rise in arrests for drug possession, up from 238 in 2000 to 1,456 in 2012, the last complete year for which Bolivia’s National Statistics Office has published statistics.

Another is the spiking volume of drugs seized by police: from 1,300 kilos of cocaine in 2005 to 4,175 kilos in 2012, according to the same census.

. . .

Former national drug control minister Ernesto Justiniano told a nationwide television show last week that Bolivia’s cocaine production amounts to a staggering 160 tons a year, double the figure for 2008.

Double. In seven years.

And the cartels are branching out: Bolivia: the New Hub for Drug Trafficking in South America

Bolivia now sits alongside the second biggest consumer of illegal drugs in the world: Brazil. Bolivia also borders the world’s principal producer of cocaine, Peru, and South America’s primary producer of marijuana, Paraguay. Meanwhile, Argentina is experiencing ballooning domestic drug consumption, particularly of “basuco” or “paco,” a form of crack cocaine which can be produced in Bolivia. Even the domestic drug markets in Chile and Peru are growing.

Read both articles.

Puerto Rico: Don’t expect payment anytime soon

Monday, August 24th, 2015

Mary O’Grady describes,
Puerto Rico Plays Chicken With Its Creditors

Failure to negotiate in good faith could cost the island the help it seeks from Washington.

On Sept. 1 the state-owned Puerto Rico Electric Power Authority (Prepa) faces a deadline for restructuring more than $8 billion in debt. If it can’t come to an agreement with creditors, a previous forbearance agreement will expire and the company will face default.

On Sept. 1 the state-owned Puerto Rico Electric Power Authority (Prepa) faces a deadline for restructuring more than $8 billion in debt. If it can’t come to an agreement with creditors, a previous forbearance agreement will expire and the company will face default.

In that event, bondholders could be expected to go to court to begin the process of receivership, as the bond contracts stipulate.

This high-stakes negotiation comes when Puerto Rico is asking Congress to give its municipalities and public agencies access to the chapter 9 bankruptcy protection the 50 states have. A Prepa default would be disruptive and possibly increase the odds that Congress will agree.

But failure on the part of the utility to negotiate in good faith also could backfire and jeopardize support in Washington for giving Puerto Rico chapter 9 protection. It could also reduce sympathy on the mainland for the write-down of other Puerto Rico debt issues—which total some $63 billion—that Gov. Alejandro García Padilla says he needs to get the island growing again.

Read the whole article.

The thing is, the governor has little to lose by defaulting.

  • I have stated in the past  that you can be assured the Puerto Rican government will continue to spend like crazy because 20% of the workforce is in government jobs, which gives the ruling party a built-in constituency. As I have pointed out before, it’s in the governor’s best interest to keep them happy, even if it means to default on all debt in order to meet payroll.
  • If the U.S. refills the ATM, García Padilla will claim credit for it; if the U.S. doesn’t, he has someone to blame.
  • People who don’t agree with the economic policy are exercising their right to move to places where the U.S. economy is brighter, thereby removing a large number of what would be opposition votes.
  • High debt-high spending make the island less appealing for statehood status.

Bottom line: No improvement in the horizon.

Sunday palate cleanser: Stern, Yo-Yo Ma, Ax

Sunday, August 23rd, 2015

playing Beethoven’s Concerto For Piano, Violin, Cello & Orchestra Op.56

Nicaragua: Where’s the canal?

Saturday, August 22nd, 2015

Bloomberg News went looking but couldn’t find it:

China’s Building a Huge Canal in Nicaragua, But We Couldn’t Find It

The townspeople haven’t seen any signs of canal workers in months. And the work that was done was marginal. A handful of Chinese engineers were spotted late last year making field notations on the east side of the lake; early this year, a dirt road was expanded and light posts were upgraded at a spot on the west side where a port is to be built.

Other Chinese projects in our hemisphere have not been doing all that well:

Last year I was saying The Nicaragua canal: Don’t be the next Lord Crawley

The foreign policy house of lies

Friday, August 21st, 2015

Please read my article, The foreign policy house of lies, on one of the many lies the Obama foreign policy is based.

The title comes from this line,

a highly successful, cutthroat consultant is never above using any means (or anyone) necessary.

Change consultant for community organizer. The dollar signs in the logo fit well with the money the Castros stand to get.

Venezuela: Circling the drain

Thursday, August 20th, 2015

Today’s roundup:

Leopoldo Lopez, from his cell,

I mentioned this in last night’s podcast:
Grisly killing of Caracas woman becomes political battleground in hyper-polarized Venezuela

The two men, Jose Rafael Perez and Carlos Trejo, had been photographed alongside Venezuela’s best-known opposition leaders and at various political sites, with the snapshots leaving the impression that they were present, Forrest Gump-like, for virtually all of the milestones in the opposition’s protests over the past two years.

INFESTATION OF OPOSSUMS KILLS 17 BABIES IN VENEZUELAN BIRTH WARD

El Universal, the nation’s largest newspaper, reports that deaths of newborns at the hospital are common. One set of parents told the newspaper that their child had died on a Thursday, but they were not told until Friday. Others who have used the hospital’s services tell El Universal that the situation resembles that of a year ago, when 15 newborns died of an infection and became a rallying cry for the opposition against the socialist government’s recurring inability to provide adequate medical care.

Venezuela closed 2 of its borders with Colombia after a violent shoot-out; that is, 2 border crossings,

The members of the military were attacked during an anti-smuggling operation in the Venezuelan border town of San Antonio in the state of Tachira, according to the government.

Somebody tell Al Sharpton Puerto Ricans are U.S. citizens

Thursday, August 20th, 2015

and send him this link.

Hat tip Jorge Ponce who notes

He is one of President Obama’s senior advisors, having visited the White House over 60 times.

We’re in the best of hands.