Venezuela (6do encyclopedia)



Venezuela, officially known as the Bolivarian Republic of Venezuela, is a country located on the northern coast of South America. It is bordered by Colombia to the west, Guyana to the east, Brazil to the south, and the Caribbean Sea to the north. With a population of approximately 28 million people, Venezuela is the sixth largest country in Latin America.

History

Venezuela was originally inhabited by various indigenous groups, including the Carib and Arawak peoples. When the Spanish arrived in the late 15th century, they established the colony of New Granada in the west and the colony of Venezuela in the east. Venezuela became independent from Spain in 1811, but the country was plagued by instability and civil war for much of the 19th century.

In the 20th century, Venezuela experienced significant political and economic changes. In the 1950s and 1960s, massive oil reserves were discovered, and Venezuela became one of the world’s major oil-producing nations. This led to a period of rapid economic growth and development, which continued into the 1970s.

However, in the 1980s and 1990s, a series of economic crises and political upheavals led to social unrest and political instability. In 1998, Hugo Chávez, a former military officer, was elected president of Venezuela. Chávez’s presidency, marked by socialist policies and strong anti-American sentiment, was ultimately cut short by his death in 2013.

In recent years, Venezuela has been in a state of crisis, with economic collapse, political turmoil, and social unrest. In 2019, Nicolás Maduro, the successor to Chávez, faced a challenge to his presidency from opposition leader Juan Guaidó, who was supported by the United States and several other countries. The situation remains unresolved and Venezuela is considered by many to be one of the most politically and economically unstable countries in the world.

Geography

Venezuela is a country of diverse geography, featuring mountain ranges, forests, savannas, and beaches. The highest point in Venezuela is Pico Bolívar, which stands at 16,427 feet (5,007 meters) above sea level. The country is also home to the world’s highest waterfall, Angel Falls, which drops over 3,000 feet (900 meters) from the top of Auyán-tepui mountain.

The northern coastline of Venezuela is dominated by the Caribbean Sea, with a number of islands and archipelagos off the coast. The most notable of these is the Venezuelan Archipelago, which includes Margarita Island, Coche Island, and Cubagua Island.

Climate

Venezuela has a tropical climate, with average temperatures ranging from the mid-70s to mid-80s Fahrenheit (23-30 Celsius). The rainy season lasts from May to November, and the dry season from December to April.

Politics and Government

Venezuela is a federal presidential representative democratic republic. The president is both the head of state and head of government. The National Assembly is the unicameral legislative branch of the government. The Supreme Court of Justice oversees the judicial branch.

Economy

Venezuela’s economy relies heavily on oil exports, which account for over 95 percent of the country’s export earnings. The country has some of the largest oil reserves in the world, and the government has historically used oil revenue to fund social programs and infrastructure projects. However, in recent years, the Venezuelan economy has experienced severe economic contraction, hyperinflation, and widespread shortages of basic goods and services.

Culture

Venezuelan culture is a rich mix of indigenous, European, and African traditions. Music and dance are central to Venezuelan culture, with a particular emphasis on local styles such as joropo, merengue, salsa, and reggae. Traditional food includes arepas (stuffed corn cakes), empanadas (pastry turnovers), and hallacas (cornmeal cakes filled with meat and vegetables).

Tourism

Tourism is an important industry in Venezuela, featuring a number of natural wonders, historic sites, and cultural attractions. Angel Falls, the Gran Sabana, and the beaches of Margarita Island are popular tourist destinations. The capital city of Caracas is a cultural hub, featuring a number of museums, galleries, and theaters.

Conclusion

Venezuela is a country with a rich cultural heritage and diverse natural beauty. However, it has faced significant political and economic challenges in recent years, leading to a state of crisis. While the situation remains unresolved, Venezuela continues to be a country of great potential and promise.


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Election at UN migration agency pits its European chief against his American deputy

The Independent

23-05-14 11:32


Antonio Vitorino, a European Union national and Director-General of the International Organization for Migration, faces competition from US-backed deputy Amy Pope as member countries choose its chief for the next five years on Monday. This comes as migrants have been leaving their homes due to conflicts, economic distress, and climate change. IOM is presently grappling with mass migration crises in places such as Ukraine, Bangladesh, and Sudan, among Venezuela’s neighbours in Latin America. Vitorino swept to the IOM job in 2018 after the Trump administration's candidate was rejected.

https://www.independent.co.uk/news/world/americas/us-politics/ap-joe-biden-european-union-geneva-american-b2338584.html
Crossing jungle and desert, migrants navigate a sea of misinformation

Washington Post

23-05-14 09:00


As the Title 42 policy ended, Venezuelan migrants traveling to the United States through Central and South America have been left confused by conflicting information spread on social media platforms. The policy, which was part of the Covid-19 regulations, previously allowed border officials to deport immigrants who entered the US illegally. As social media and messaging platforms continue to be the primary means of communication for the traveling community, migrants have spoken about receiving different and unclear information. One video on TikTok was viewed 17.4 million times and claimed that anyone entering the US would not face expulsion from the country, while another video warned of immediate deportation after arrival. Despite these rumors, US officials are warning migrants that they could be subjected to deportation, prosecution for illegal entry, and be barred for up to five years.

https://www.washingtonpost.com/world/2023/05/14/title-42-migrant-rumors-tiktok-whatsapp/
‘In the hands of God’: One Venezuelan family’s journey to the US

The Toronto Star

23-05-14 07:41


The new restrictions on asylum that went into effect in the US on 15 July have left asylum seekers struggling to enter the US. The policy is aimed at discouraging illegal migration, but critics argue it fails to address the root causes of the problem, such as poverty, violence and political persecution. Meanwhile, thousands of people continue to migrate. Venezuelan Luis López, a 34-year-old asylum seeker who was lost in Panama’s Darien Gap last year with his pregnant wife, two young children and grandmother, has found shelter with El Paso’s Catholic diocese as he waits for his asylum hearing.

https://www.thestar.com/news/world/us/2023/05/14/in-the-hands-of-god-one-venezuelan-familys-journey-to-the-us.html
Tens of thousands of migrants stranded on Mexico's US border cling to hope of entry

Telegraph

23-05-14 06:00


Tens of thousands of asylum seekers, who have gathered on the Mexican border following Donald Trump’s immigration crackdowns, believe their best hope of incoming US President Joe Biden improving their chances of entering the country lies in his CBP One app. About 10,000 people alone are stranded in Ciudad Juarez. The changing border policies have caused confusion among the migrants, some of whom have already been removed from the US.

https://www.telegraph.co.uk/world-news/2023/05/14/tens-of-thousands-of-migrants-stranded-along-the-us-border/
Mexico faces humanitarian crisis as Biden migration policy kicks in

Washington Post

23-05-13 22:53


The Biden administration’s tightening of immigration rules could discourage migrants from making the trek to the US, following a spate of violent storms that have added to a humanitarian crisis in Mexico that is forcing thousands of asylum seekers to flee dire poverty and violence. Ernesto Roja, a 52-year old shopkeeper with a six-year-old daughter suffering from Down syndrome, hopes to get an appointment via the CBP One app which would enable him to cross into the US to seek asylum, after leaving Venezuela with his family to seek medical treatment that he could not afford. Yet since a key restriction on US authorities to summarily expel asylum seekers was retired on 12 August, the outlook for migrants hoping to enter the country has worsened. New regulations include requiring asylum seekers to make appointments through an app, which migrants say is glitchy, and disqualifying some if they already passed through another country, such as Mexico, or if they were forcibly deported. Meanwhile, due to record numbers of migrant apprehensions in 2020, the US is relying on Mexico to stem the northward flow of migrants via state and municipal efforts that are insufficient to provide help to the thousands sheltering in squalid conditions, often eating just one meal a day, and difficult to monitor given the widespread role of traffickers operating in the region.

https://www.washingtonpost.com/world/2023/05/13/border-mexico-migrants-title-42/
American cities reach ‘breaking point’ as migrant crisis heads north

The Sydney Morning Herald

23-05-15 22:55


Asylum seekers are flowing into cities in the US, including Washington, Denver and New York, and the burden on infrastructure is reaching breaking point, according to local leaders. Washington has seen buses filled with dozens of migrants arriving outside Vice President Kamala Harris’ residence due to Republican governor Greg Abbott’s practice which seeks to give Democratic cities a taste of what border towns are experiencing. Mayor Michael Hancock said Denver has already spent over $17m on supporting migrants to arrive in the Colorado capital. In New York, where more than 4,200 asylum seekers arrived in the past week, Governor Kathy Hochul wants asylum seekers to be housed on federal land.

https://www.smh.com.au/world/north-america/american-cities-reach-breaking-point-as-migrant-crisis-heads-north-20230516-p5d8mo.html
A comprehensive taxonomy of central bank logos, with jokes

Financial Times

23-05-16 04:24


Central banks have logos, and creative powerhouses they are not. Marking their presence as the guardians of monetary policy in countries around the world, the designs range from the minimalist and hipster chic to outlandish and bordering on kaiju-like. Worryingly perhaps, the Bangko Sentral ng Pilipinas has a hyper-detailed quasi-skeuomorphoglossy new logo that signifies "integrity and competence" – perhaps to compensate for its current placing in CNN's ranking of world central banks by size where it came in 50th, poised between Latvia and Serbia.

https://www.ft.com/content/9a7306bb-a226-4682-ad75-a29f62024d4e
EU urged to crack down on imports of Indian fuels made with Russian oil

Financial Times

23-05-16 04:21


The EU should restrict Indian reselling of fuel made out of Russian oil, which is allowed under sanctions, the bloc's foreign policy high representative has said. Controversially, Indian refiners buy Russian crude oil, which is sold to Europe as market-price fuels. While it is legal under EU sanctions, critics object that it enables Moscow to make a substantial amount of revenue from oil sales, a crucial contributor to Russian state finances. Despite the G7 price cap limiting sales of Russian crude oil to other countries to $60 a barrel, India has become a huge buyer of the commodity since the Ukraine invasion. EU foreign policy high representative Josep Borrell has said it is fine for India to buy "Russian oil, it’s normal," but highlighted his concern over a large volume of the oil now being returned to Europe.

https://www.ft.com/content/ebb851db-6ff6-4334-a47f-dd176b2adf2f
Venezuela's opposition asked to back suspending statute of limitations on bond repayments

Reuters

23-05-16 03:29


Key creditors of Venezuela are asking the country's political opposition to support plans to suspend the statute of limitations on bonds for defaulted debt. Venezuela proposed a five-year suspension of payment, or until the US lifts sanctions preventing a debt restructuring. However, some bond deadlines expire in October, meaning holders of those bonds could lose the right to enforce repayment through the courts. The Venezuela Creditors Committee, which holds billions of dollars in defaulted Venezuelan bonds, said it wanted the opposition to back the proposal. To date, the opposition has taken no stance on the issue.

https://www.reuters.com/world/americas/venezuelas-opposition-asked-back-suspending-statute-limitations-bond-repayments-2023-05-16/
Brazil sends thousands of Venezuelan migrants to country’s rich southern states

The Toronto Star

23-05-16 16:12


Brazil's "interiorization" program, which offers eligible applicants work permits and free flights to other parts of the country, has seen a surge in approvals in the post-pandemic period as Venezuelans desperate to leave their own country head to Brazil. The program eases pressure on Roraima, Brazil's far northern state, as it deals with the influx of Venezuelan migrants, and has relocated about 100,000 out of the 426,000 Venezuelans who have migrated to Brazil in the past decade. The Gonzalez family has just embarked on their migration journey to join other relatives working in construction in the southern Brazilian state of Paraná.

https://www.thestar.com/news/world/americas/2023/05/16/brazil-sends-thousands-of-venezuelan-migrants-to-countrys-rich-southern-states.html
Nine plead guilty in murder of Georgia ride share driver

The Independent

23-05-17 00:29


Nine people have pleaded guilty to their involvement in the kidnapping and brutal killing of Rossana Delgado, a Georgia woman from Venezuela. Delgado was kidnapped from a shopping mall, tortured, and dismembered in a remote rural cabin, where her burned body was later found. The police say the 37-year-old was “lured” to the mall “under the false pretenses of a shopping trip.” A grand jury indicted 14 people for their involvement in February 2022, of which three are still at large. The nine who pleaded guilty were arrested in various locations in Mexico and extradited to the US, according to prosecutors.

https://www.independent.co.uk/news/world/americas/crime/rossana-delgado-georgia-murder-charges-b2340209.html
Scotia analyst’s top picks in the yield-heavy energy infrastructure sector

The Globe and Mail

23-05-17 12:07


Citi analyst Shreyas Madabushi has reiterated the company's bullish prediction on lithium prices due to the anticipated improvement of China's EV market and the return of battery restocking in H2 2023. Madabushi claims that lithium prices hit $28,000 per tonne in China over the past two weeks after declining by around 70% over the last five months to $22,000 per tonne. He targets a 25-40% upside, predicting that lithium carbonate prices have reached a bottom, citing improving market sentiment, demand from physical traders, recovering EV sales, lower inventories in the supply chain and more robust export arbitrage. Meanwhile, Bloomberg's energy specialist Javier Blas argues that weak oil prices are due to the thriving black market in oil, with Iran, Russia and Venezuela responsible for almost all the unanticipated and excessive production. Black market crude is available at a discount, with Iranian production having hit a four-year high last month, up 50% from mid-2020.

https://www.theglobeandmail.com/investing/markets/inside-the-market/article-scotia-analysts-top-picks-in-the-yield-heavy-energy-infrastructure/
Fifty migrants kidnapped from Mexican bus

Reuters

23-05-17 16:42


Mexican security forces are searching for around 50 migrants who were kidnapped from a bus in the central state of San Luis Potosi. The bus, which was found further north in the border state of Nuevo Leon, was missing its two drivers. Mexican President Andres Manuel Lopez Obrador has deployed the National Guard to help locate the missing migrants. The incident highlights the growing involvement of organized crime in the trafficking of migrants, particularly as increasing numbers of individuals are crossing through San Luis Potosi on their way to the United States following the lifting of a COVID-era border policy.

https://www.reuters.com/world/americas/fifty-migrants-kidnapped-mexican-bus-2023-05-17/
Madrid's rich could vote with their feet as wealth tax fuels electoral debate

Reuters

23-05-17 15:47


Regional and national elections in Madrid will determine whether Spain's ultra-rich pay the Solidarity tax, which was introduced in December 2021 and targets individuals with more than $4.1m in wealth and imposes a temporary levy of up to 3.5%. This tax has caused unrest among the country's 27,000 millionaires or billionaires, many of whom are seeking ways to avoid paying it and some of whom are considering moving away from the country altogether. Madrid's conservative president, Isabel Ayuso, has also expressed criticism of the tax and has challenged it in court.

https://www.reuters.com/world/europe/madrids-rich-could-vote-with-their-feet-wealth-tax-fuels-electoral-debate-2023-05-17/
Plan to house migrants in New York schools’ gyms leads to parents’ boycott

Telegraph

23-05-17 18:28


Parents are refusing to send their children to school in New York City to protest plans to house migrants in school gyms. Gyms have been earmarked to shelter asylum seekers as officials struggle to find housing for an influx of migrants following the lifting of former president Donald Trump’s Covid-era immigration policy. Outside of schools, concerned parents have been protesting in Coney Island and Brooklyn about such plans, with some camping overnight amid fears refugees would arrive in the early hours of the morning.

https://www.telegraph.co.uk/world-news/2023/05/17/new-york-migrants-school-gyms-parents-protest-title-42/
Fewer Venezuelan arrivals lead to drop in illegal entries to US after pandemic asylum limits

The Toronto Star

23-05-17 18:15


A 98% drop in Venezuelans arriving at the U.S. southern border has been cited as a key reason for a decline in migrants crossing illegally from Mexico since pandemic-related asylum limits expired in the past week. Approximately, 4,400 migrants have been stopped per day, down from between 10,000 and 12,000 in late July 2021. The Biden administration has provided new legal pathways to the U.S., including allowing up to 30,000 Venezuelans, Cubans, Haitians and Nicaraguans to enter the US monthly if they apply online with a financial sponsor and arrive by plane.

https://www.thestar.com/news/world/us/2023/05/17/fewer-venezuelan-arrivals-lead-to-drop-in-illegal-entries-to-us-after-pandemic-asylum-limits.html
Mexico president says gangs kidnapped dozens of migrants

Deutsche Welle

23-05-17 22:41


Mexican President Andres Manuel Lopez Obrador has announced that a gang kidnapped a busload of around 50 migrants in Northern Mexico on November 11. Officials said the migrants were travelling north towards the US in a bus from the southern state of Chiapas when they were attacked. Some of the 50 have already been rescued, and national guard troops are searching the area around the northern Mexican city of Matehuala for those still missing. In recent months, a string of such kidnappings has been reported, as gangs seem to increasingly charge migrants for fees to cross Mexico and then abduct them for ransom. The National Institute of Migration has said that over 2,100 migrants were kidnapped in Mexico last year.

https://www.dw.com/en/mexico-president-says-gangs-kidnapped-dozens-of-migrants/a-65666401
US judge in Texas dismisses charges against Swiss banker allegedly tied to Venezuela bribery scheme

Associated Press

23-05-17 22:36


A federal judge in Houston has dismissed criminal charges against Paulo Murta, a Swiss banker accused of helping stash millions in bribes paid to senior Venezuelian oil officials in a money laundering case. The judge ruled that the delays violated his constitutional rights to a speedy trial. Murta was indicted in 2019 on money laundering charges and spent nine months in pre-trial detention before being released on bond. Prosecutors are appealing against the dismissal of charges. Murta was accused of creating fake loans and setting up shell companies in Switzerland, Curacao and Dubai to hide the proceeds of PDVSA's bribery scheme.

https://apnews.com/article/venezuela-corruption-bribery-swiss-banker-2dbd8ae7ff7984deb495aa43fcbaf5ef
It turns out that Democrats bus migrants, too

Economist

23-05-18 12:47


New York City is bussing asylum-seekers 60 miles up the Hudson River to the Crossroads Hotel on the outskirts of the town of Newburgh. The migrant residents are from countries as diverse as Venezuela and Mauritania and each wait to hear if they merit asylum. Once settled, many of the men in the hotel began asking for work immediately. Oscar Eduardo Angula Rivas, 29, left behind his wife and baby in Venezuela to walk for three months in search of freedom before seeking asylum. He was robbed while trying to live in a shelter in New York City, so when the city offered him a bus ride 60 miles upstate to Newburgh, he was pleased. About 60,000 people seeking asylum arrived in New York in the last year, with 41,000 housed in city-funded shelters. It is expected they will cost the city $2.9bn to care for them in the coming year - more than the city pays for its fire department.

https://www.economist.com/united-states/2023/05/18/it-turns-out-that-democrats-bus-migrants-too