China Ruins US Plans to Bring Venezuela to Its Knees

[Lux de Veritas]

lol do you know how Chavez support education project and "free" health care to his own people?

Dude, bear in mind he done that in 2006 when petrol dollar is 80 to 100 per barrel, do you even know the Health Care system in venezuela is all but wipe out during the petrol dollar crisis? Now you are lucky to find a functioning hospital to treat you if you are sick. Its fine and dandy when the money come flushing in, what if the money ran dry? Even the russian look the other way, just look at how venezuela ask the Russian for second batch of Su-30...

I understand you or some people here harbor anti US setiment, but dude, not all anti US president or pm are great, you do know there are more venezuelan hate their current government than American, well, the american, they simply dont care...

The wealth of Venezuela is being hoarded or ship out by the rich. Cuba is still having on par healtcare with USA FOC. 1% of USA controls closer to 30-50% of wealth, you can imagine how much wealth 1% of Venezuela control?

During the Cuba revolution, Che Guevara, though a monster who killed a lot, in fact is a saint who save a lot of life. First thing he do is to tell Cuba medical cartel to go fcuk yourselves.

Now USA people die or go bankrupt by doctor. In Cuba, every life is precious.

Health care in Cuba - Wikipedia, the free encyclopedia

Following the Revolution and the subsequent United States embargo against Cuba, an increase in disease and infant mortality worsened in the 1960s.[2] The new Cuban government asserted that universal healthcare was to become a priority of state planning. In 1960 revolutionary and physician Che Guevara outlined his aims for the future of Cuban healthcare in an essay entitled On Revolutionary Medicine, stating: "The work that today is entrusted to the Ministry of Health and similar organizations is to provide public health services for the greatest possible number of persons, institute a program of preventive medicine, and orient the public to the performance of hygienic practices."[13] These aims were hampered almost immediately by an exodus of almost half of Cuba’s physicians to the United States, leaving the country with only 3,000 doctors and 16 professors in the University of Havana’s medical college.[14] Beginning in 1960, the Ministry of Public Health began a program of nationalization and regionalization of medical services.[14]

 

[TaiShang]

China Spoils Washington's Economic War against Venezuela
In countering US economic aggression against Venezuela, China steps in with a 10 billion dollar loan. China is making a habit of bailing out countries targeted by US sanctions
(German Economic News)
Wed, Apr 8


Relations between the Chinese President Xi Jinping and Venezuela's President Nicolas Maduro will be further expanded to the oil industry (Photo: Reuters)
The article originally appeared at German Economic News. Translated for RI by Anita Zalaldinova

In the coming months China will lend Venezuela, which faces bankruptcy, ten billion dollars. These funds are part of a bilateral agreement. For China it’s a way to quench its energy needs, while the US continue the confrontation line with Venezuela.

Venezuela is under the threat of soverign default. In providing two five-billion dollar loans, China has become an important partner for the struggling country. The first part of the loan is the joint Chinese-Venezuelan Fund, and will be directed into major projects, CNBC reported. The agreement will be signed later this month. China extended the terms of the loan to five years, giving Venezuela more breathing room, as the terms are typically limited to three years.

The second part of the loan will be used in the oil industry. China will support investments in oil fields, intended to help Venezuelan oil company PDVSA increase production, the official said. 96 percent of Venezuela's foreign exchange revenue comes from the export of raw materials.

The recent fall in oil prices is one contributor to Venezuela financial pressure. Interest rates on bonds have risen again. Venezuelan President Nicolás Maduro claimed the US is responsible for the fall in oil prices late last year. "Are you aware that an oil war rages?" said Maduro on Monday in a broadcast speech to businessmen. "This war has one goal – to destroy Russia." In addition, it is also directed against Venezuela "to destroy our revolution and bring about a collapse of the economy."

In March Obama called Venezuela a threat to the US national security. Domestically Venezuela is well under pressure. There were regularly scheduled demonstrations against the government of the country last year. In February 2015, a 14-year-old died in protests. Last week there were protests in Caracas again.

Venezuela is extremely lucrative for China's investment interests. This is the country with the highest oil reserves in general, and China's energy demand will increase with the increasing rural-urban migration in the coming years. China has already given Venezuela $45 billion in exchange for oil and fuel. With the new loans for Venezuela, China finds itself in opposition to the United States. It was only in February that China promised loans to Russia to support Moscow in a similar fashion.

 

[Nike]

Every people must paid their own security including Health care, thus way, we humanity found the system called insurance. There is no free meal.


Get to the topics, Maduro political violence and misbehaving for his people must be exposed and he must be thrown off for Venezuelan sake. He even trying to create issue like US invasion of Venezuela, meanwhile all the arms and weapons he and Chavez bought is usually be used against their own people

 

[Lux de Veritas]

Every people must paid their own security including Health care, thus way, we humanity found the system called insurance. There is no free meal.


Get to the topics, Maduro political violence and misbehaving for his people must be exposed and he must be thrown off for Venezuelan sake. He even trying to create issue like US invasion of Venezuela, meanwhile all the arms and weapons he and Chavez bought is usually be used against their own people

The that healthcare is the responsibility of the state and should not be commoditize, and this concept is being enshrine in Germanic Europe-- enacted by an aristocrat Bismarck, in imperial Germany.

This is the fundamental differences why Germanic people are great. The Germanic aristocrat does not think that the poor deserve to die just because they have no monies. They think that it is the rich and elites themselves that should heal the poor.

Those who think that poor deserve to get shit are having a fledgling Hindu mentality. India is a jungle world and the result is shit hole.

Today if Prophet Mohamad or Jesus is around, he will ask you guys to take care of your sick.

 

[Nike]

The early PAP idea was healthcare is the responsibility of the state and should not be commoditize, and this concept is being enshrine in Germanic Europe-- enacted by an aristocrat Bismarck, in imperial Germany.

This is the fundamental differences why Germanic people are great. The Germanic aristocrat does not think that the poor deserve to die just because they have no monies. They think that it is the rich and elites themselves that should heal the poor.

Those who think that poor deserve to get shit are having a fledgling Hindu mentality. India is a jungle world and the result is shit hole.

Today if Prophet Mohamad or Jesus is around, he will ask you guys to take care of your sick.

You doesn't know what you are talking about, you should refrain to spouting nonsense comments like this or else you will get banned again

 

[Lux de Veritas]

You doesn't know what you are talking about, you should refrain to spouting nonsense comments like this or else you will get banned again

Dont threaten me in this way. I am for good.

 

[TaiShang]

Venezuela inks deal with Chinese firm to bolster electricity sector

2015-04-08

Venezuela Tuesday signed a deal of nearly 6 million U.S.dollars with a Chinese firm, seeking to boost the manufacturing of conductor cables and optimize national electricity distribution.

The agreement, signed between the Ministry of Electric Energy and China's CAMC ENGINEERING CO., was part of a government plan designed to guarantee electricity service to Venezuela's extensive plains, said Efren Martin, president of the National Electricity Corporation's industrial division (CORPOELEC Industrial).

The deal calls for manufacturing 470 tons of ACAR (aluminum conductor alloy reinforced) cable using Venezuelan aluminum and labor.

"It will be an opportunity to show the quality of work in national production," said Carlos Azzari, president of CABELUM, the CORPOELEC subsidiary that will work with the Chinese firm.

The project will also "consolidate the sustainable manufacturing of conductors in Venezuela," Azzari added.

According to Martin, Venezuela and China's CAMC are also exploring financing for other projects to bolster the national electricity sector.

 

[Nike]

Dont threaten me in this way. I am for good.

For good what? you even doesn't know if you had triggered racist and bigotry remark in your comments

 

[jhungary]

The wealth of Venezuela is being hoarded or ship out by the rich. Cuba is still having on par healtcare with USA FOC. 1% of USA controls closer to 30-50% of wealth, you can imagine how much wealth 1% of Venezuela control?

During the Cuba revolution, Che Guevara, though a monster who killed a lot, in fact is a saint who save a lot of life. First thing he do is to tell Cuba medical cartel to go fcuk yourselves.

Now USA people die or go bankrupt by doctor. In Cuba, every life is precious.

Health care in Cuba - Wikipedia, the free encyclopedia

Following the Revolution and the subsequent United States embargo against Cuba, an increase in disease and infant mortality worsened in the 1960s.[2] The new Cuban government asserted that universal healthcare was to become a priority of state planning. In 1960 revolutionary and physician Che Guevara outlined his aims for the future of Cuban healthcare in an essay entitled On Revolutionary Medicine, stating: "The work that today is entrusted to the Ministry of Health and similar organizations is to provide public health services for the greatest possible number of persons, institute a program of preventive medicine, and orient the public to the performance of hygienic practices."[13] These aims were hampered almost immediately by an exodus of almost half of Cuba’s physicians to the United States, leaving the country with only 3,000 doctors and 16 professors in the University of Havana’s medical college.[14] Beginning in 1960, the Ministry of Public Health began a program of nationalization and regionalization of medical services.[14]

lol have you ever lived in the US?

Juding by the phase "USA people die or bankrupt over doctor visit" I am guessing , no

In the US, basic health care are provided for free, that is, you dont pay. ER in US hospital by law have to take patient in.

Then the US have a Medical insurance system which basically cover all medical need if you have insurance, and as long as you are employed, i mean not some dodgy employment, you WILL have insurance.

I dont see why is it bad for not having universal health care like NHS and Medicare in the UK and Australia. I lived and am a citizens of both country, as well as the US, i dont see any one in the United States died over lack of healthcare. I do see a lot of Brits and Aussie abusing the system.

Just tell me this, if you have any hard to cure diease, would you want to go to Cuba for your medical need just because its free? Or you would want to go to the US ?

For good what? you even doesn't know if you had triggered racist and bigotry remark in your comments

lol dont mind him, for him, as long as everyone got healthcare (which by the way medicine is running out on Venezuelan hOspital) then everything is A-OK

Not sure is this is the case in venezuela tho, i mean, you have good health so you can get tortured by the current government, not sure if living like hell beats die in an early age

 

[gambit]

Venezuelans Suffer Amid Crumbling Health System - WSJ
Ailing healthcare in Venezuela - Nacional y Política

Looks like China will have to step in and save Venezuelans. In return, Venezuela could use the crappy Orinoco oil as payment.

 

[Nike]

I think Brazil soon will follow the Venezuelan ways if Dilma Roussef still in power

 

[Shotgunner51]

Venezuela inks deal with Chinese firm to bolster electricity sector

2015-04-08

Venezuela Tuesday signed a deal of nearly 6 million U.S.dollars with a Chinese firm, seeking to boost the manufacturing of conductor cables and optimize national electricity distribution.

The agreement, signed between the Ministry of Electric Energy and China's CAMC ENGINEERING CO., was part of a government plan designed to guarantee electricity service to Venezuela's extensive plains, said Efren Martin, president of the National Electricity Corporation's industrial division (CORPOELEC Industrial).

The deal calls for manufacturing 470 tons of ACAR (aluminum conductor alloy reinforced) cable using Venezuelan aluminum and labor.

"It will be an opportunity to show the quality of work in national production," said Carlos Azzari, president of CABELUM, the CORPOELEC subsidiary that will work with the Chinese firm.

The project will also "consolidate the sustainable manufacturing of conductors in Venezuela," Azzari added.

According to Martin, Venezuela and China's CAMC are also exploring financing for other projects to bolster the national electricity sector.

China is leading the world in power grid both in size and next-generation tech (e.g. UHV transmission; Smart Grid), it will be good to leverage on the existing massive supply chain to help partnering countries on developing their power grid as well.

“Dear President, how can we help your country?” - AIIB | Page 4

 

[ChineseTiger1986]

Nico Maduro and Hugo Chavez are too naive and pussy to think that the rich will leave them alone. If Fidel Castro is in charge, I bet Venezuela can function as it is without the need for any external aid.

Venezuela crisis seems to me more like the rich sabotaging the country by means of capital flight. Today it is not uncommon for the top 1% to control 50% of wealth even in USA. The banana states are worse.

The 1% can trigger a crisis by capital outflow.

Mao is more clear regarding the mentality of elites.

What Mao did was to kill them and their family and confiscate their wealth.

I watch TV of Venezuela. I keep seeing these TV ridiculing Chavez and Maduro, and the socialist leadership of Venezuela do not take action.

The moment Muduro show the rich guillotine and impose more severe form of capital control, and better, wealth confiscation, Cubanizing Venezuela, her supermarket will be well-stocked.

Sometimes the lawful good action won't work against those greedy elites, so you need a chaotic good leader like Mao in order to deal with them.

 

[Shotgunner51]

The 29 Most Miserable Countries In The World - Business Insider
Venezuela is all bark and no bite.

Is this the original link? It's a blog by a guy called Steve Hanke

The World Misery Index: 108 Countries | Cato @ Liberty