Statement on Hugo Chavez by VSC Secretary Francisco Dominguez

Following the death of President Hugo Chavez, VSC Secretary Dr Francisco Dominguez said: “Hugo Rafael Chavez Frias, President of Venezuela, died on March 5th at 4:25 hrs (local time) after a long and hard battle against cancer. He was 58 years old.   He led the progressive transformation of Venezuela by lifting millions of its…

Pharmacy Sale Prices to be Regulated

Measures were announced this week to curb one of the most despicable examples of exploitation generated by neo-liberalism: over-pricing in the pharmaceutical sector. Meetings were held between the heads of the private sector pharmaceutical enterprises, the State-run FarmaPatria pharmacy chain, and the National Superintendence of Prices and Costs (Sundecop) to explain a new system of…

Ricardo Haussmann – a reliable commentator for the Guardian on Venezuela?

By Dr Francisco Dominguez, VSC Secretary Last Monday the Guardian Comment is Free website carried a piece by Ricardo Haussmann on Venezuela entitled The legacy of Hugo Chávez: Low growth, high inflation, intimidation. The piece painted a doomsday scenario for modern day Venezuela, arguing that “Venezuelan leader Hugo Chávez is a master at holding onto power, but it has cost…

The Venezuela Diary; Week 33: 24th Feb- 2nd March

This week… The opposition start proceeding to decide on a candidate should the country come to have new presidential elections this year. The government say that they are ahead of themselves, and that Chavez is ruling well and clearly. Chavez sends, in writing, congratulations to Raul Castro on being elected by Parliament to continue as…

Venezuela’s economy grew 5.6% in 2012

By Lee Brown, VSC Executive Venezuela’s economy continued to expand rapidly in 2012, growing by 5.6% compared to a year earlier, according to the figures released by Venezuela’s Central Bank in late February. The economy has now grown for the past two years after initially being hit hard by the global economic crisis. The continued…

Venezuela Remembers the Victims of the Caracazo on 24 Year Anniversary

Today, Venezuelans remember the popular rebellion that unfolded 24 years ago on February 27, 1989, an event known as the Caracazo, by paying tribute to the many victims that confronted the neoliberal economic “shock” policies imposed by then President Carlos Andrés Pérez. A spontaneous popular outcry occurred in Venezuela ’s capital city of Caracas and…

Venezuela’s New Labour Law Starts to Transform the Lives of Working People

Labor minister, Maria Cristina Iglesias, announced this week that the Labor Ministry will be instigating and intensifying meetings with public sector and State run companies in the upcoming weeks to ensure the correct application of the newc Labor Law for Workers, which was passed last year and comes into practice this May 7th.“We have had…

ASA Summit expects to strengthen South-South cooperation

The III Summit fo Heads of State and Govenrment of Africa and South America started yesterday in Equatorial Guinea in order to strengthen the South-South cooperation for the benefit of both regions. According to official sources, 29 heads of state and delegations from over 50 countries will attend this summit until February 23. The attending…

Venezuela devalues its currency

By Lee Brown, VSC Executive On February 8th, Venezuela announced a devaluation to its currency, the Bolivar, by 32% from 4.3 to 6.3 Bolivars per US dollar. Venezuela has a fixed exchange rate system, which means the government, rather than the market, sets the official exchange rate. This system was re-established in the aftermath of the 2002 coup…

Latest Wikileaks Show Further US Intervention in Venezuela

The emails also leave the reader in no doubt about whom these people are helping the Venezuelan right-wing opposition: “to answer your question, the US networks are definitely involved. I cannot confirm for you if that specific gentleman is involved, but the usual establishments are”. Edited from a piece by Paul Dobson, writing in a…