Sebastian Eduardo

409 Flips | 5 Magazines | 5 Likes | 1 Following | 15 Followers | @SebastianEd3hev | Keep up with Sebastian Eduardo on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Sebastian Eduardo”

Exclusive: As Venezuelans suffer, Maduro buys foreign oil to subsidize Cuba

HOUSTON (Reuters) - Venezuela's state-run oil firm PDVSA has bought nearly $440 million worth of foreign crude and shipped it directly to Cuba on friendly credit terms - and often at a loss, according to internal company documents reviewed by Reuters.<p>The shipments are the first documented instances …

Venezuela

As Venezuela exodus swells, more migrants face removal

CUCUTA, Colombia — When Colombian police caught Victor Colmenares selling coffee without a work permit on the dusty streets of Cucuta, they ordered him to get inside a truck filled with Venezuelan migrants being quietly removed from the country.<p>The 20-year-old construction worker trembled as the …

Venezuela

John Oliver's Venezuela Segment Examines The Country's Dire Crisis Ahead Of Its Presidential Election

On Sunday's episode of <i>Last Week Tonight</i>, host John Oliver's Venezuela segment highlighted the dire nature of the country's political and economic …

Venezuela

When a Secret Pact Launched Venezuela’s Democracy

They met secretively in the library of Rafael Caldera’s residence on a tree-lined avenue in downtown Caracas. Pens out. Paper ready. There, the three …

Venezuela

Colombia's Santos sees 'regime change' soon in Venezuela

Santos, who has taken an increasingly tough line against President Nicolas Maduro as tens of thousands of Venezuelans cross the border to escape economic crisis at home, was speaking at a meeting with businessmen in Budapest.<p>"With a regime change, which will come and will come very soon, the …

Venezuela

Out of Good Options for Venezuela

Last week at a conference in Miami, the director for Western Hemisphere affairs at the National Security Council, Juan Cruz, took aim at the regime of President Nicolás Maduro of Venezuela.<p>Mr. Cruz cited part of the Venezuelan Constitution, drafted under Mr. Maduro’s predecessor Hugo Chávez, that …

Venezuela

Venezuelan Soldiers Desert in Droves With Presidential Election Ahead

Military officers are joining the exodus of Venezuelans to Colombia and Brazil, fleeing barracks and forcing President Nicolas Maduro’s government to …

Venezuela

The people who will one day rebuild Venezuela

No one knows when or how the dictatorship of Venezuela’s Nicolás Maduro will fall. But when it does, the country, especially in its first 180 days, will need to draw on a talented and diverse group of minds to fix the economy, the oil sector and more. Here are ten people who could lead the way.<p>The …

Venezuela

180 days without Maduro: What it would take to fix Venezuela

The outcome of Venezuela’s presidential election on May 20 is all but assured. When the dust settles in a contest few expect to be free or fair, President Nicolás Maduro, who over the last five years has driven Venezuela deep into humanitarian and economic crisis, will undoubtedly remain in …

Venezuela

Harvard Economist Says Dollarization Won't Fix Venezuela

Venezuela faces famine if it can’t reverse its collapse in output, and ditching the currency won’t do anything to help, according to Professor …

Latin America Leaders Brood: How Do You Solve a Problem Like Maduro?

LIMA, Peru — For the heads of state mingling in the meeting halls, it was the leader who had been uninvited to the gathering who posed the biggest challenge.<p>President Nicolás Maduro of Venezuela was the outcast at the Summit of the Americas in Lima, Peru, where leaders came to hash out trade deals …

Venezuela

The Other Venezuela Crisis

Hemispheric leaders will descend upon Peru this week for the Summit of the Americas in an atmosphere of deep uncertainty. While the fight against …

Venezuela

The man who’s betting he will be Venezuela’s next president — if he can get people to vote

EL TIGRE, Venezuela — Only one significant challenger has stepped up to run against Venezuela’s powerful president, Nicolás Maduro, and his vast political machine in elections next month. But former governor Henri Falcón’s biggest challenge may be getting people to believe that voting could make a …

Venezuela

Volatile Venezuela: What to Do About the Crisis | Council on Foreign Relations

Venezuela is in the midst of an unprecedented economic and political crisis. During this event, panelists discuss the effects of this turmoil on the …

Venezuela Is Collapsing, Will Upcoming Election Help?: QuickTake

Venezuela has more oil than Saudi Arabia and more poverty than Brazil. Its previous leader, the late Hugo Chavez, sought to use the country’s reserves to light a leftist path to prosperity for Latin America’s poor. Under his protege and successor, Nicolas Maduro, Venezuela hasn’t always been able …

Venezuela

Venezuela's Maduro Ramps Up Arrests to Purge Dissenting Military

President Nicolas Maduro is clamping down on dissent in the middle ranks of Venezuela’s army, a sign that his alliance with the top brass may not be …

China stays on the sidelines as Venezuela spirals downward

CARACAS/BEIJING (Reuters) - China is likely to extend an agreement providing crisis-stricken Venezuela with favorable loans repayment terms but will not lend fresh funds to President Nicolas Maduro's government, according to sources in Caracas and Beijing familiar with the situation.<p>During a …

Venezuela

Venezuela’s Hyperinflation Is Breaking Deli Scales

<i>Editor’s Note: There are few places as chaotic or dangerous as Venezuela. “Life in Caracas” is a new series of short stories that seeks to capture</i> …

The crisis in Venezuela is about to kill the oil market, report warns

Plunging oil production in Venezuela is causing a national economic and humanitarian crisis that could tip the global oil market “decisively into deficit,” according to a report published Thursday.<p>Venezuela's President Nicolas Maduro is clinging to the hope that his oil-backed cryptocurrency, the …

Fending off the flood from Venezuela

EVERY morning crowds gather on the Venezuelan side of the Simón Bolívar bridge to cross over into Colombia. Many just want to shop for basic goods, …

A box of food—costing 25,000 bolivars, or $0.12—could help Maduro win Venezuela’s election

$0.12<p>Thanks to a food box, Venezuela’s upcoming presidential election could swing in favor of current president Nicolás Maduro.<p>Published | Photo by …

Venezuelans 'starving' on Colombian border

"Venezuelans are starving to death"<p>The number of Venezuelans crossing the Colombian border has become a daily flood. and this is triggering what the UN warns is a humanitarian crisis.<p>Fleeing their country hungry, many are finding Colombia is struggling to feed them all, and it needs more …

'Destroyed' Venezuela needs $15 billion per year: presidential hopeful's aide | Reuters

CARACAS (Reuters) - Venezuela needs to dollarize its economy, seek $15 billion to $20 billion a year from abroad, and ease oil sector taxes to reverse the “disaster” of President Nicolas Maduro’s rule, according to an adviser to his main election rival.<p>Venezuelan economist Francisco Rodriguez, …

Venezuela

Journey on a caravan of misery

Poorer by the day, hundreds of thousands of Venezuelans have concluded that escape is their only option. With the country's currency virtually …

China's War on Pollution Will Change the World

China’s War on Pollution Will Change the World<p>By Jeff KearnsJeff Kearns, Hannah DormidoHannah Dormido and Alyssa McDonaldAlyssa McDonald<p>China is …

Pitching an Investor? This Is Exactly How Many Slides You Should Have in Your Pitch Deck

A killer investor presentation only needs to convey these key things.<p>When I sit down with new startup founders, most ask me about one thing: raising money.<p>This is smart of them, because, as I've stated previously, fundraising needs to be one of the core competencies of any young company. Yet for …

Can Venezuela Be Saved?

There’s a page in a book in a stack on the floor at the house of Leopoldo López that I think about sometimes. It’s a page that López revisits often; one to which he has returned so many times these past few years, scribbling new ideas in the margin and underlining words and phrases in three …

Venezuela

How Venezuela tests Latin America’s commitment to democracy

WHEN Bill Clinton called the first Summit of the Americas in Miami in 1994 he wanted to celebrate the shared commitment of all 34 countries in the …

‘Declaration of war’: European officials offer brutal responses to Trump tariffs

BERLIN — European officials have not minced words in recent months regarding a U.S. president they often consider to be an obstacle rather than an ally. But Trump's announced intention to impose punishing tariffs on imported steel and aluminum triggered an especially sharp backlash Friday from a …

Europe

The Blockchain Won't Save Venezuela

The petro is just a way to hide new international debt behind crypto mumbo-jumbo.<p><i>This post originally appeared in Money Stuff.</i><p>I don't know why Venezuela's "petro" cryptocurrency annoys me so much. It is partly that the promise of cryptocurrency was supposed to be trustless decentralization: You …