Venezuela

Leftists in Venezuela have put forward several explanations for the pressing economic difficulties and growing discontent that have beset the nation recently. These difficulties raise the possibility of an opposition takeover of the National Assembly in this year’s elections.

As Nepal struggles to revive from the catastrophe caused by the April 25 earthquake that registered 7.8 on the Moment Magnitude Scale and its aftershocks, Latin America's socialist governments are busy soothing the wounds of the Nepalese people. The orange-coloured team of Venezuelan aid workers and white-coloured medical team from Cuba have brought to the people of Nepal the spirit of Argentine-born Cuban revolutionary Che Guevara and Venezuela's late revolutionary president Hugo Chavez.

Condolences and tributes to legendary revolutionary and champion of women’s rights Nora Castaneda have been pouring in from across Venezuela after news of the activist’s death on May 16. An economist, university lecturer and much-loved revolutionary, Castaneda is renowned for having founded and presided over Venezuela’s internationally celebrated Women’s Development Bank, “Banmujer” since 2001. She was also one of the chief protagonists of Venezuela's working-class women’s movement that emerged in the 1980s.

Palestinian Authority‭ (‬PA‭) ‬foreign minister Riyad al-Maliki has described Venezuela as‭ ‬“Palestine's most important ally‭”‬,‭ ‬Venezuelanalysis.com said on May‭ ‬19.‭ ‬Al-Maliki made the comments while in Caracas for bilateral talks with‭ ‬Venezuela's socialist government.

It is a point of honour for the Venezuelan government that despite the sharp plunge in oil prices and acute shortages of goods, President Nicolas Maduro has ruled out austerity measures. In a recent TV interview with former vice president Jose Vicente Rangel, Venezuelan Central Bank president Nelson Merentes explained why, saying: “Do you remember what happened on February 27, 1989?”

President Nicolas Maduro at International Workers' Day celebrations in Caracas, May 1. Braving the heat, more than 100,000 Venezuelans flooded the streets of Caracas on May 1 to commemorate the International Workers' Day and gains for working people under the Bolivarian Revolution.

An estimated 1 million people marched on May 1 in Havana, Cuba, to celebrate International Workers´ Day, TeleSUR English said.

Venezuelan President Nicolas Maduro inaugurated the 700,000th house built under a state-led initiative to provide housing to the most needy Venezuelans on April 17.

A new report by the Stockholm International Peace Research Institute found Venezuela cut its military budget by 34% last year, leading the region in arms spending cuts. In contrast, United States political allies Paraguay and Mexico led the region in upping military spending, raising military budgets by 13% and 11%, respectively.

The Third World countries of Asia, Africa and Latin America should form an alliance in order to “end imperialist domination,” Venezuelan vice-president Jorge Arreaza has said. Arreaza proposed a Third World alliance during a speech at the Asia-Africa Summit in Indonesia on April 25. Speaking as a special Latin American representative, Arreaza told the audience the alliance was needed to overthrow imperialism and end the unipolar system imposed on Southern nations.

Thousands of Venezuelans took part in May Day rallies on May 1 to mark the international workers' day and commemorate the achievements of the country's pro-poor Bolivarian revolution. Speaking to May Day celebrations in Caracas, Venezuelan President Nicolas Maduro said: “Now is time for workers to lead the economic policy of the country.”

The United States is threatening the small Central American country of El Salvador with financial repercussions for supporting Venezuela's campaign for the repeal of US sanctions against the country. The left-wing Farabundo Marti National Liberation Front (FMLN) government of Salvador Sanchez Ceren, together with all of countries of Latin America and the Caribbean, has called on US President Barack Obama to repeal his executive order declaring Venezuela to be a “threat” to US national security.