Category Archives: Venezuela

Venezuela: Mass Fraud Unlikely in Venezuela Election

Many in the Latin American world wait with baited breath at the potential democratic over through of the neighborhood fool.  Politics aside, Venezuelan President Hugo Chavez has done little good for anyone.  He’s wrecked an economy, he’s precipitated brain and wealth drain, and he’s hardly helped the very people he intended to help.  But, while there has been a lot of speculation in recent weeks that Chavez will rig the vote count in the Oct. 7 presidential elections, there seems to be little evidentiary support. After interviewing opposition candidate Henrique Capriles last week, one observer doubts that a massive electronic fraud will be possible.  The rest of the world waits for a peaceful transition to something better.

Read Andres Oppenheimer’s Miami Herald article here:

http://hrld.us/UfVkTU

Brought to you by Bob Arnold from Miami International Business Attorney.

Venezuela: China Bankrolls Chavez, Whether They Intend to Or Not

It’s hard to imagine that China is in love with Chavez, or that they think he’s a great president, or that they believe in his socialist platform.  After all, it seems that China is more capitalistic than we are these days.  For example, they don’t have universal health care!  No, what they seem to be more interested in is stability, a steady flow of commodities to feed their insatiable economy.  And since 2007, the China Development Bank Corp. has lent Venezuela $42.5 billion to keep the joy juice called oil flowing to Beijing.  What’s a few billion dollars between friends?  China is the junkie, Venezuela is the supplier.

Read Charlie Devereux’s Bloomberg article here:

http://bloom.bg/SlFcLQ

Brought to you by Bob Arnold from Miami International Business Attorney

Venezuela Down to the Wire: U.S.-based Venezuelans Rally Against a Chavez Re-election

The stakes are as high as they’ve ever been for the citizens of Venezuela.  There is likely not the time to ponder how they find themselves in this situation in the first place.  Alicia Rodriguez so dislikes President Hugo Chavez, and blames him for making her native Venezuela unsafe, that the 80-year-old retiree is flying 1,300 miles from her adopted home in Miami to cast a vote against him.

Read Randall Woods and Bill Faries’ Bloomberg article here:

http://bloom.bg/Ps5SM3

Brought to you by Miami International Business Attorney

Venezolanos de Miami se Organizan Para Votar

Hay un camino, a pesar  del cierre del consulado de Miami y el traslado del centro de votación a la ciudad del sur de Luisiana, a unos 1.400 km, de distancia no le impedirán votar a la gran cantidad de venezolanos que estaban registrados para sufragar en Miami y que desean ejercer su derecho al voto este próximo domingo Octubre 7.  Los venezolanos se han venido organizando a través de las redes, facilitando a todos sus connacionales  información de los medios de trasporte, ayuda económica y todo cuanto sea posible para que estos 19.500 votantes expresen su voluntad. La mayoría de ellos se han venido a Estados Unidos despues que Chavez asumió el poder en 1.999.

Leer en El Nuevo Herald:

http://hrld.us/QGQjmD

Traido para usted por American Abogado.

Venezuela: Esperan Aumento en éxodo de Venezolanos Tras Reelección de Chávez

Con la reelección este domingo pasado, del presidente Chavez, se predice un aumento en el éxodo de venezolanos. Así se dio a conocer entre expertos de inmigración, abogados y agentes de bienes y raíces  del sur de Florida; que han recibido una cantidad de solicitud de parte de los venezolanos que miran con temor permanecer en su país.  Sin duda alguna que la inestabilidad en que se ve sometida Venezuela en base a los recientes resultados, hará que empresarios busquen residencia a cambio de inversiones  en Florida, a través de la visa EB-5 una de las más populares de los inversionistas extranjeros

LeerAlfonso Chardy en El Nuevo Herald:

http://hrld.us/RiR7yx

Traido para usted por American Abogado.

Chavez May Tinker with the Bolivar, Again

I don’t think it is always true that people get the government they deserve, as the old saying goes.  No one deserves what is happening in Venezuela, and if you follow the trends and the projections, it’s only going to get worse.  Venezuela is weighing changes to a central bank system used to control the foreign-exchange rate after the Bolivar fell to a record low in black-market trading, fueling speculation the currency will be devalued, again.  There is very little positive about this if you happen to live in Venezuelan, but on the capitalist side of things, at least we can all say it’s good news for Miami.

 

Read Corina Pons and Nathan Crooks’ Miami Herald article here:

http://buswk.co/TOgI11

Brought to you by Miami International Business Attorney

Doralzuela is a Benefit for Miami, and a Major Detriment to Venezuela

The U.S. Presidential election wasn’t the real news in local, Miami politics.  The real news was that a fairly recently emigrated Venezuelan-American citizen, whose English is, shall we say, less than fluent, defeated a native born Cuban-American, whose Spanish is, shall we say, less than fluent, for the position of mayor of Doral, affectionately known as Doralzuela for its concentration of Venezuelans.  Never mind the politics of how he did it, the mere fact that he did it is astonishing, newsworthy, and, well, amazing.  And that, ladies and gentlemen, is the strength of the U.S. and Miami as a microcosm of the U.S.  We no longer want your poor huddled masses, we now want your rich, educated elite to buy two of everything from us, export two more of everything back to your home country, and make us better off for it.  Everyone participating in the local economy should hold out a big “Welcome” sign to our immigrants, and send a giant “Thank You” note to Hugo Chavez.  Then, go have some tequeños.

Read Andres Oppenheimer’s Miami Herald article here:

http://hrld.us/Vh1Ah1

Brought to you by Miami International Business Attorney

Venezuela Still Unsure

Uncertainty.  No one likes the anxiety driven by uncertainty.  It’s the devil you know vs. the devil you don’t know.  And in Venezuela, they don’t know.  They don’t know which way the path forward from their recent history lies.  After Hugito announced earlier this week that his cancer has returned, many Venezuelans worry about the future.  Uncertainty.

Read Jim Wyss and Andrew Rosati’s Miami Herald article here:

http://hrld.us/W05Luc

Brought to you by Miami International Business Attorney

Venezuela Still Unsure

In Venezuela, Socialism Can Make You Rich, Apparently

One does not usually use the words “Socialism” and “Billionaire” in the same sentence.  But, then again, we are talking about Venezuela.  If there is one person who is the embodiment of Venezuela’s odd economy, it is Juan Carlos Escotet.  No one knos exactly how much he’s worth, but as they say, if you can count it, you haven’t got a billion.  Mr. Escotet has made his money primarily in banking in a country that has some of the most restrictive currency controls in Latin America.  The truly odd thing is that although he is a staunch enemy of Venezuelan President Hugo Chavez, his wealth has continued to flourish under Chavez socialist reign.  This guy is making lemonade out of lemons, pero, how?

Read Alex Cuadros’ Daily Business Review article here:

http://bloom.bg/RD9gJJ

Brought to you by Miami International Business Attorney

In Venezuela, Socialism Can Make You Rich, Apparently

Venezuela Devalues Its Currency

There is no other way to put it, Venezuela is going from bad to worse, much worse.  Recently, Venezuela announced it was undertaking a massive currency devaluation, re-pegging the bolivar to a value of 6.3 per U.S. dollar from its previous official exchange rate of 4.3 bolivars per dollar.  Anyone who know anyone from Venezuela knows that this is a real tragedy.  Venezuela is in Dante’s purgatory.

Read Matthew Boesler’s Business Insider article here:

http://read.bi/WIu4hd

Brought to you by Miami International Business Attorney

Venezuela Devalues Its Currency