“Nobel Peace Prize Winner Barack Obama, is Preparing for War in South America”; Interview with Eva Golinger Mike Whitney—-The US media is very critical of Venezuelan President Hugo Chavez. He’s frequently denounced as “anti-American”, a “leftist strongman”, and a dictator. Can you briefly summarize some of the positive social, economic and judicial changes for...
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The US Department of State had prior knowledge of the coup. The Department of State and the US Congress funded and advised the actors and organisations in Honduras that participated in the coup. The Pentagon trained, schooled, commanded, funded and armed the Honduran armed forces that perpetrated the coup and that continue to repress...
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President Zelaya of Honduras has just been kidnapped [Note: As of 11:15am, Caracas time, President Zelaya is speaking live on Telesur from San Jose, Costa Rica. He has verified the soldiers entered his residence in the early morning hours, firing guns and threatening to kill him and his family if he resisted the coup....
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Increasingly a deep divide within the world of globalization is emerging which will have the most profound significance for the future of G7 nations’ economic and political stability. The divide is between those nations which are still embedded within the dollar system, including countries in the Eurozone, versus those emerging economies—especially the BRIC—Brazil, Russia,...
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New Bolivian Constitution marks first recognition of indigenous autonomy in 500 years Sinclair Thomson discusses the passing of a historic referendum in Bolivia that saw an over 60% support from the population. The referendum is precedent setting as, he says, “this is the first time Bolivia ever had a popular democratic vote on a...
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The price of oil has dropped by over 70% in just six months, causing panic in many countries who had become dependent on high oil revenues over recent years. Miguel Tinker Salas explains to The Real News that Venezuela had planned ahead for the price drop, by stocking up on US dollars. Furthermore, most...
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The South American country’s refusal to make ‘immoral and illegitimate’ payments exposes an international financial architecture glitch. When the government of Ecuador failed to make a scheduled interest payment on private bonds today, it was hardly the first time a country had defaulted in the middle of a financial crisis. In fact, it wasn’t...
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US media covers Chavez victory and calls it a defeat Allies of President Hugo Chavez’s won a strong majority in Venezuela’s local elections on Sunday, winning 17 of 22 state governorships and 265 of 327 mayoral races. The opposition made important gains, capturing the Caracas mayor’s office and two of the most populous states....
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The Revolution Will Not Be Televised (a.k.a. Chavez: Inside the Coup) is a 2002 documentary about the April 2002 Venezuelan coup attempt which briefly deposed Venezuelan President Hugo Chávez. A television crew from Ireland’s national broadcaster, RTÉ happened to be recording a documentary about Chávez during the events of April 11, 2002. Shifting focus,...
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(One of our objectives is to help non-specialist readers understand what they are reading in the news. Read Financial Crisis for Beginners.) We had a comment last week asking for an explanation of, roughly, what it is that the Federal Reserve does, so I thought that would be a good topic for a Beginners...
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