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U.S. law enforcement authorities in Louisiana allegedly dismantled a sex trafficking network led by three Venezuelan nationals, CNN en Español reported on Wednesday — one of which is allegedly a member of the Tren de Aragua transnational criminal organization.
The post Report: U.S. Uncovers Sex Trafficking Ring Linked to Venezuela’s Tren de Aragua appeared first on Breitbart.
An immigrant in Chicago, Illinois, has been causing a lot of trouble for police officers and businesses in the area.
The post Chicago Police: Venezuelan Immigrant Arrested 10 Times in 10 Months Now Lives in Jail appeared first on Breitbart.
A once-popular romantic telenovela actor recently announced that he would lead an effort to launch a socialist propaganda film industry in Venezuela backed by an accused money launderer for the regime there, Venezuelan media reported this weekend.
The post Venezuela to Debut Socialist Film Industry Backed by Top Moneyman Freed by Biden appeared first on Breitbart.
U.S. Customs and Border Protection (CBP) announced this week it would begin including the Venezuelan Tren de Aragua transnational criminal organization in its gang-affiliation apprehension reports.
The post U.S. Customs Begins Tracking Criminal Activity by Venezuelan Tren de Aragua Gang appeared first on Breitbart.
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Chicago Police reported the arrest of an immigrant from Venezuela who was allegedly armed with a handgun and 43 rounds of ammunition.
The post Chicago Judge Releases Venezuelan Immigrant Allegedly Armed with Gun and 43 Rounds of Ammo appeared first on Breitbart.
A Venezuelan migrant is now accused of molesting a boy under the age of 12 in Gainesville, Florida, local police reveal.
The post Venezuelan Migrant Accused of Molesting Young Boy in Florida appeared first on Breitbart.
Nicolás Maduro said that, following his regime's July 28 sham presidential “election,” Venezuela may join BRICS and have sanctions lifted.
The post Nicolás Maduro Predicts Joe Biden Will Lift Venezuela Sanctions Again After Sham Election appeared first on Breitbart.
The leftist authoritarian regimes in Latin America expressed public condolences to Iran on Monday over the death of President Ebrahim Raisi.
The post Latin America’s Communists Lament Death of ‘Brother’ Iranian President Raisi appeared first on Breitbart.
A report from the CDC has linked 84 percent of Chicago's recent cases of measles back to the wave of illegal aliens from Venezuela.
The post Report: 84% of Chicago’s Measles Cases Traced to Venezuelan Migrants appeared first on Breitbart.
President-Elect of Panama José Raúl Mulino reiterated his plans to deport U.S-bound migrants who cross Panama through the Darien Gap.
The post Panama’s President-Elect Reiterates Promise to Deport U.S.-Bound Migrants Crossing Darien Gap appeared first on Breitbart.
Venezuelan Foreign Minister Yván Gil accused the United States on Wednesday of "instrumentalizing" migration to harm the socialist regime.
The post Venezuela Accuses Biden of Weaponizing Migration Against Regime appeared first on Breitbart.
U.S. acting ambassador to Colombia Francisco Palmieri said the Biden administration is, once again, willing to ease sanctions on Venezuela.
The post Biden Admin Hints at More Sanctions Relief for Venezuela After Election Talks Disaster appeared first on Breitbart.
An upcoming Caracas-Managua flight route operated by the Venezuelan state-owned Conviasa airline will increase the flow of migrants trying to reach the United States, according to a report published by the Nicaraguan newspaper La Prensa on Wednesday.
The post Report: Venezuela’s State-Owned Airline Will Fly U.S.-Bound Migrants to Nicaragua appeared first on Breitbart.
The United Nations Working Group on Enforced or Involuntary Disappearances warned in a report Tuesday of an alarming rise in enforced disappearances of Venezuelan citizens committed by the socialist regime since December 2023.
The post U.N. Says Venezuela Rapidly Disappearing Dissidents Ahead of Sham Election appeared first on Breitbart.
We haven’t checked in on Venezuela for a while. Formerly one of the world’s richest countries, Venezuela has become destitute since it was taken over by socialists Hugo Chavez and Nicolas Maduro. The country has gone downhill in an ever-worsening spiral of poverty and dysfunction. Things have gotten so bad that American liberals no longer hold up Venezuela as an example of “real socialism.”
The London Times reports:
[T]his is a country still suffering the trauma of the most spectacular currency collapse of our times. The Venezuelan bolivar, which in the 1960s was considered as solid a store of value as the Swiss franc, is now worth less than the paper it is printed on. If you converted a million dollars into bolivars in 2013 — when Nicolás Maduro first came to power — and left it in an interest-accruing Venezuelan bank for the past decade, your current balance would be about 3 cents.
Let’s hear it for socialism! And also for money-printing. Venezuela kept printing currency until it could no longer afford the paper and ink, but how different is that from the path our own government is currently on?
All this became glaringly apparent during an especially precipitous period of the downward spiral, during 2018 and 2019. With annual inflation touching two million per cent, a brick of notes was needed to buy a sandwich. The government ran out of the ink and paper physically needed to print more money.
Debit cards, along with bartering, became essential; with everyone from coconut sellers in the Caribbean to barbers in Caracas using cheap card readers to make transactions. But banks were slow to keep up with the devaluation, failing to raise their limits per transaction. Buying just a few items in a supermarket could therefore require three or four bank cards.
Life under socialism isn’t just poor and violent, it is crazy, too.
In mid-2019, the Maduro government quietly threw in the towel and allowed people to officially use US dollars. It turned out to be a transformational moment, taming price rises and bringing in some stability.
At least 60 per cent of retail transactions in Venezuela are believed to be in dollars, either in cash or with cards.
So the viciously anti-American kleptocrats are rescued, sort of, by the American dollar. But the damage is done, as Venezuela’s economy has shrunk by 75%. The last word:
[One Venezuelan] lamented, “Nobody’s got any money. There’s nothing much left to steal.”
I suppose the kleptocrats long for the good old days, when there was still something in Venezuela worth stealing. Chavez’s daughter Maria Gabriela, a perfect exemplar of leftism who represented Venezuela in the United Nations, made off with a cool $4.2 billion. But she was a piker compared to her father’s Treasury Minister, Alejandro Andrade, who slipped away from Venezuela with $11.2 billion in Swiss banks. As I wrote back in 2015:
If you want a world in which a few obscenely rich jet-setters lord it over a sea of poor people, socialism is the ideology for you.
But even those halcyon days have come to an end, as “[t]here’s nothing much left to steal.” It is as Margaret Thatcher memorably said: the problem with socialism is that eventually, you run out of other people’s money.
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