Bond Prices Soar as Regime-Change Rally Takes Hold
Prices and trading volumes in VENZ/PDVSA bonds are spiking in tandem with Juan Guaidó's bold move towards regime change. Against all odds, the Venny Bulls are back!
Prices and trading volumes in VENZ/PDVSA bonds are spiking in tandem with Juan Guaidó's bold move towards regime change. Against all odds, the Venny Bulls are back!
Juan Guaidó swore his oath of office before thousands of people at Francisco de Miranda Ave., USA was the first country to recognize him and many followed shortly after, Nicolás didn’t attend his rally, they had to walk to Miraflores to see him ramble. Diosdado lied on TV, again.
With even Cesar Miguel Rondón’s venerable radio show now forced into silence, Venezuela hasn’t seen censorship on this scale since the 1950s.
The rally that saw Juan Guaidó claim the presidency today was one of the strangest events of the last 20 years. The regime. Just. Froze. And history was in the air.
Amid huge street protests, opposition leader Juan Guaidó has now sworn himself in as Interim Presidency. The United States, Canada, Brazil and others recognize him; the Venezuelan Armed Forces and police do not. At a time of pervasive uncertainty, how to think about what comes next?
Mike Pence released a video, declaring his support for the Venezuelan people and calling Nicolás Maduro a dictator. Senator Rubio tweeted directly to SEBIN and warned that what "the SEBIN" was planning to do would "trigger a response". The AN approved a draft for the Amnesty Law and named Gustavo Tarre as Venezuela's special representative before the OAS.
The word “cabildo” has been driving translators crazy all week, but these open citizen assemblies have been the inflection points of Venezuelan history for two centuries.
A viral video reveals the state of the Venezuelan military in two minutes: soldiers overwhelmed by misery, officers treating them like scum. Is this a sign of things to come?
Western Caracas protested yesterday night, not a single mention of bonuses, pork or CLAP in their protest chants. TSJ justices ruled, as they always do, against the AN and AN deputies simply disregarded it and focused on going to open assemblies and talking about the importance of the protest tomorrow.
Burned mattresses, kicked-in doors, shattered glass. After Diana Martínez was murdered in front of the Ecuadorian police by her Venezuelan boyfriend, angry mobs threatened, chased, and kicked Venezuelans, and destroyed their belongings. President Lenín Moreno’s unconscionable reaction added fuel to the fire.
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