Photo: Getty Images, retrieved

U.S. President Donald Trump blocked yesterday the use of the Venezuelan petro, the debt bond passed as a cryptocurrency, with an Executive Order forbidding “all transactions related to, provision of, financing for, and other dealings in, by a United States person or within the United States, any digital currency, digital coin, or digital token” issued by the government of Venezuela since January 9.

The Treasury Department cautioned in January that the Petro could violate sanctions against the Venezuelan government and this is the consequence.

Diosdado Cabello condemned Trump’s decision on behalf of PSUV, claiming that “Daddy Empire” is helping the opposition leadership with it.

The measure gives Nicolás an excuse to explain the petro’s absolute failure, although he’s been announcing millionaire revenues during the pre-sale phase with figures that are unbelievable even to him.

Chavenfreude

The Treasury Department has already sanctioned 56 active and retired Venezuelan government officials, with whom no American citizen or entity can do business, and whose goods and assets in U.S. soil are now frozen. The new names in the list are:

  • Carlos Rotondaro: former chairman of the Venezuelan Institute of Social Security (IVSS) and consequently responsible for this unprecedented humanitarian crisis, measured in preventable deaths.
  • Nelson Lepage: he took over as chief of the National Treasury Office, replacing Cilia Flores’ nephew Carlos Malpica Flores, also sanctioned. Lepage was removed from his post on March 15 and replaced by Reinier Merentes, son of former BCV chairman Nelson Merentes.
  • Américo Mata García: former head of Corpomiranda, but much more famous for accusations about his role in the contributions Odebrecht made to Nicolás’ campaign.
  • William Antonio Contreras: National Superintendent for the Defense of Socio Economic Rights (Sundde), a role which he’s carried out with total discretion; more effective for harassment and abuse, than for defending anybody’s rights.

Lift the sanctions

The recent batch of demotions and arrests within the Armed Forces has been so noisy that Defense Minister Vladimir Padrino López had to publicly refuse any calls to lead coups d’état, because he disagrees with them, because nobody can split the Armed Forces and because military uprisings “have no place in this century.” The minister claimed that the brass is satisfied with the country and with their obligations, that the Armed Forces is cohesive and that’s why he asked “desperados” to be at ease. Padrino López conditioned the possibility of opening a humanitarian channel to the lifting of sanctions, blaming food and medicine shortages on them.

Meanwhile, Luisa Ortega Díaz said in Spain that there’s a systematic persecution against dissident soldiers within the Armed Forces, and that, considered traitors, they’re persecuted and tortured.

Without health rights

Lawmaker José Manuel Olivares, along with Dr. Julio Castro, revealed the results of the National Hospitals Survey in Venezuela, an initiative of NGO Médicos por la Salud and the Permanent Committee of Integral Social Development of the National Assembly. The survey collects data from 104 public hospitals and 33 private hospitals across 22 states of the country; making the government’s incapacity to guarantee the right to health even more evident. There’s an 88% shortage of medicines and a 79% shortage of surgical supplies nationwide; 76% of hospitals don’t have running water, 53% of operation rooms in the country are out of order and the rest experiences intermittent failures, causing hundreds of surgeries to be cancelled. The situation in labs is also critical: all of them have problems due to the shortage of chemical compounds to carry out the tests. All of this is happening amidst measles and diphtheria epidemics, on top of the significant rise in skin diseases due to the increase in the price of soaps and clothing detergents.

The unmovable date?

The National Electoral Council (CNE) announced that 20,531,029 voters could vote on the presidential elections in May and 18,923,049 will be able to do so in Legislative and Municipal Council elections. Just don’t forget that foreigners can’t vote in presidential polls. Furthermore, yesterday the CNE carried out the draw for the Electoral Service in the 2018-2019 period and once the lists of chosen voters are published, they will have 15 working days to submit exceptions exonerating them from service.

Journalist Eugenio Martínez made some clarifications on the matter — and the multiple legal violations committed by the CNE — which are worth reading:

Although Avanzada Progresista member Carlos Melo claimed that a new date for mega-elections is being discussed right now (second or third week of June), minister Jorge Rodríguez stated that the date for presidential elections won’t be altered again, promising that after holding them, Venezuela will know economic prosperity. Yahoooo!

Abroad

  • In a meeting outside the summit of G-20, finance ministers in Buenos Aires from several countries agreed that they’ll ask the the IMF for the resources to assist Venezuelan migrants. The funds will reach host countries, with a priority on bordering nations. Additionally, the countries promised to pressure the government, even floating the possibility of imposing sanctions. Brazilian Treasury Minister Henrique Meirelles said that his country will demand that Caracas pay a $1.3 billion debat and “other countries will also demand their respective payments.”
  • The Peruvian government is working on measures to prevent Nicolás from participating in the Summit of the Americas and rejected the call made by Bolivia and Nicaragua to reconsider the decision to exclude him.
  • Ecuador’s Communications Secretary Andrés Michelena announced that his government stopped financing TeleSUR, a piece of the propaganda machine used to spread “21st century socialism.” Michelena didn’t justify the decision with TeleSUR’s abuse of information freedom and lack of journalistic ethics, he just spoke of budget limitations.
  • European Commissioner for Humanitarian Aid and Crisis Management Christos Stylianides explained that they’ll send two million euros to help Venezuelan migrants in Colombia. Foreign Minister María Ángela Holguín restated that they’ll start a census of Venezuelans after Holy Week, so that they have access to basic rights and become migrants instead of refugees.
  • Guatemala will impose a “consulted visa” for Venezuelans with ordinary passports, according to General Migration Directorate spokesman Ardani Sical.

SENIAT announced the extension of the period to declare income taxes until May 31, an absurd measure amidst hyperinflation. The value of the funds collected in May will be much lower than at the end of March, increasing fiscal deficit, but that’s what BCV is for, eh?

Ah! Rosneft said yesterday that PDVSA paid over $3.2 billion out of the $6.5 billion it owes them and that it’s fulfilling its commitments “thanks to the cashflow caused by high oil prices.”

Lastly, Mateo Manaure, one of the greatest artists in this country, passed away at 92 years old. May he rest in peace.

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13 COMMENTS

  1. Yeah, they now have an excuse for the Petro, for all the good it will do to them. Excuse or no Excuse we’ll collapse next month.

  2. “U.S. President Donald Trump blocked yesterday the use of the Venezuelan petro”

    There goes my retirement plan …

  3. “Meanwhile, Luisa Ortega Díaz said in Spain that there’s a systematic persecution against dissident soldiers within the Armed Forces, and that, considered traitors, they’re persecuted and tortured.”

    Can anyone explain:

    1/ Why does Mega-Chavista Criminal LuisaBitch Ortega bother to do this shit? What’s in it for her? Money? Fame? False pride? The dream of forgiveness, absolution and a return to Kleptozuela, camouflaged like many other Chavistoide Scoundrels into the filthy Mud? Go figure. Why not keep a low profile, hide, and just enjoy her stolen millions? Beats me.

    2/ How STUPID and/or inept, clueless, bureaucratic can the Europeans be? How can the UN, OEA or anyone even listen to this notorious Chavista top Justice Criminal, for about a DECADE a top Chavista Executioner, who sent world-famous Leopoldo Lopez to Jail, admitting her own fault? These politician clowns worldwide make me sick. They not only welcome crooks and criminals like her or Ramirez, plus Thousands more of that caliber, they let them open countless bank accounts in Switzerland or Andorra, send their kids to their best schools, like Lacava in Italy, open arms for all those thugs, and they even give them a freaking Public Platform to speak up! Pathetic.

  4. “The measure gives Nicolás an excuse to explain the petro’s absolute failure, although he’s been announcing millionaire revenues during the pre-sale phase with figures that are unbelievable even to him.”

    Yeah, for once Cabello, Tarek, Padrino and the Narco-Tyranny can claim, without outlandish crap, there’s some “economic war”. Finally a half-decent excuse, since all other measures were against individual thieves. Kleptozuela proudly serves as an example, yet again, telling the world what NOT to do. That’s why the US Administration was so quick to smash the Klepto-Petro: to avoid proliferation of the same money laundering ruse in multiple other ‘shitholes’ worldwide.

    Result? Since the KleptoPetro has failed, they’ll continue to look for more Mega-Guisos, Derwick style. Solar Power Plants in Turkey or Namibia! The Food Scam will be expanded, the Galactic Drug Trade Industry will keep growing, but Financially, with the exchange controls Cadivi mega-guisos etc there’s not much more they can STEAL. Because that’s Always the name of the game in Narco-Kleptozuela. ROBAR lo mas posible, lo mas rapido posible sin que te agarren. They’ll have to become even more creative with their tropical scams now, especially after my buddy Pompeo se ponga las pilas and shuts the oil-cash down. India should follow suit. Grab the popcorn, it will be fun to watch.

  5. “The Treasury Department has already sanctioned 56 active and retired Venezuelan government officials, with whom no American citizen or entity can do business, and whose goods and assets in U.S. soil are now frozen”.

    Nice, and -at that level- there’s not much more the US can do. They need to go after the oil/gasoline and hit the Narco-Regime where it really hurts. Because most Chavista Mega-Thieves aren’t STUPID enough to keep buying properties in the USA, or keeping bank accounts there. I mean, how retarded could they be? Not even in Andorra or Switzerland anymore. I suspect that for Years they know much better where to hide their cash. Cabello and Thousands of others, the Ramirez’s and Ortega Bitches of Chavismo have their piles of Gold and Cash hidden underground, in caves, or at least in numerous smaller accounts in Russia, Africa, China, Australia, Madagascar, Paraguay or Singapore. Under different names, untraceable friends and family.

    Unless they are severely brain-damaged, of course, those few might one day lose a house or 2. The rest of Chavista Ultra-Mega crooks, PDVSA style are laughing harder and harder everyday when they hear such laughable news. “Que pendejos esos Gringos!! Ha, ha, ha, otro whiskeycito, compadre?”

  6. Ah! Rosneft said yesterday that PDVSA paid over $3.2 billion out of the $6.5 billion it owes them and that it’s fulfilling its commitments “thanks to the cashflow caused by high oil prices.”

    Will CC dare to explore this mystery one day? Why would such a greedy Narco-Tyranny continue to pay these huge debts and avoid Default? To avoid internal military uprisings, should they keep that money and bribe the growing number of malcontents? Buy more claps, keep the huge Guiso profits and keep the Zombie-Populace somewhat satisfied? I wonder what they will do if Pompeo finally shuts down the only legal Cash Kleptozuela gets, after persuading India to do the same: about 55$ Million per day, Gone. Chupate esa mandarina.. see if PDVSA keeps paying, and shipping all the free oil oil to Russia, China, Cuba and the Caribbean Leeches.

  7. “In a meeting outside the summit of G-20, finance ministers in Buenos Aires from several countries agreed that they’ll ask the the IMF for the resources to assist Venezuelan migrants. The funds will reach host countries, with a priority on bordering nations.”

    ——————————-

    And of course, the U.S. won’t see a dime, as if the VZ diaspora in Miami isn’t costing them big time.

    But let’s see what happens now that have a real president, who will allocate foreign aid based that government’s policy/UN votes.

    Buying allies worked for Hugo, right? And Americans are a lot better at it.

  8. “In a meeting outside the summit of G-20, finance ministers in Buenos Aires from several countries agreed that they’ll ask the the IMF for the resources to assist Venezuelan migrants. The funds will reach host countries, with a priority on bordering nations.”

    ——————————-

    And of course, the U.S. won’t see a dime, as if the VZ diaspora in Miami isn’t costing them big time.

    But let’s see what happens now that we have a real president, who will allocate foreign aid based on that government’s policy/UN votes.

    Buying allies worked for Hugo, right? And Americans are a lot better at it.

  9. Poet, because she’s pathological. She’s also trying to save her neck from both the Reds and Intl Justice so keeping up her profile buys her some degree of security (in her mind) The Europeans are just as dumb and gullible as the Venezuelans who fell for it in the first place. Same crap, different setting (continent). Nothing new here

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