Trump Executive Order Bans US Citizen use of Venezuelan Petro

As was perfectly predictable, the US has decided to attack Venezuela’s new oil backed crypto-currency the Petro. An executive order by US President Donald Trump bans “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…

New Report Shows No Humanitarian Crisis in Venezuela

Despite the narrative fed to us by the imperialist media, there is no humanitarian crisis in Venezuela. Daily we are fed stories of how thousands must be dying from the effects of socialism. If we were to believe them, we’d assume that Nicholas Maduro had some kind fo poverty producing machine that was designed to…

New Venezuelan Oil Woes Head to Court

The Venezuelan oil industry is currently embattled in two large lawsuits that may have a very serious impact on the future of Venezuelan oil production. The situation for the industry has been precarious since the introduction of the Bolivarian revolution. The state oil company seized (for the most part) from the capitalist class had been…

Venezuela Has Exxon Mobil’s $1.4 Billion Ruling Overturned

Venezuela’s legal battle against imperialism took another great step forward with a new ruling by a World Bank arbitration panel. In 1999 when Hugo Chavez was elected he nationalised some of Exxon Mobil’s major projects in the country. The legal battle over the seizure has been going on for more than ten years. In 2014…

Venezuelan V.P. Accused of Drug Trafficking

WASHINGTON, DC – On Monday the United States government accused the vice president of Venezuela, Tareck El Aissami, of being involved in international drug trafficking. As a result of the accusation, the U.S. has placed severe sanctions on him. U.S. citizens are banned from doing business with him and freezing any assets he has in…