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Oct 2, 2021 8 tweets 4 min read Read on X
🧵🧵Venezuela has been mired in a serious economic crisis for years. In this infographic we shed some light on this complex topic, as an oil price crash and deadly US sanctions created a perfect storm that has imposed tremendous hardships on the Venezuelan people #SanctionsKill Image
📉The economic downturn has seen Venezuelan GDP contract by more than two-thirds. The recession was triggered by the 2014 fall in oil prices and later compounded by wide-reaching unilateral coercive measures by Washington and its allies which also blocked any solutions Image
📈High inflation has been a constant in recent years, mostly fueled by currency speculation. The Maduro government has managed to slow down the devaluation-inflation spiral in the past few months, but with sanctions in place recovery or even stability remain an uphill battle Image
💸The crisis has led to a dramatic fall in imports, leading to scarce or overpriced staples such as food and medicine for the Venezuelan majority. Shut out of financial markets and with little room to maneuver, the government has also seen its reserves diminish quickly Image
🇻🇪The Venezuelan poor and working-class have borne the brunt of the economic struggles, always finding ways to organize and resist. At the same time, the Caribbean nation has been hit by a dramatic brain drain that has handicapped strategic sectors such as the oil industry Image
We can debate the government’s policies, we can argue that the recession began before the worst sanctions. But the fact is that Washington has set the Venezuelan economy on fire and blocked the exits in its attempts to overthrow the Bolivarian Process. #HandsOffVenezuela Image
To view, download and share the infographic in one piece follow the link below. This work was borne out of our exciting collaboration with @utopix_cc's Kael Abello
venezuelanalysis.com/images/15339
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More from @venanalysis

Jul 23
🧵When it comes to reporting about Venezuela, there is no corporate outlet even remotely close to the level of dishonesty of the New York Times. Seriously, it's one piece of misrepresented bullsh*t after another. Follow this thread as we break it down Image
This is the piece:

The article is not to be taken seriously b/c it starts from a blatant lie. US "prodding" has nothing to do with Venezuela holding elections. It is dictated by the Constitution that they be held this year and they were never in doubt shorturl.at/LFusR
Image
Anyone not high on Western exceptionalism would actually be ashamed of their government meddling in other countries' affairs. But alas, this is the NYT.

In corporate media spiel, "restoring democracy" just means a US puppet being back in the presidential palace Image
Read 13 tweets
Nov 29, 2023
🧵🧵The border dispute between Venezuela and Guyana has flared up recently, leading to a war of words, increased military deployment and increasing signs of US intervention. We have prepared an infographic to explain the history and context of the controversy (thread) Image
The Essequibo Strip is a sparsely populated, 160,000 square km region spanning to the west of the Essequibo River. It has been the subject of centuries of dispute which, sadly, have never taken into account the indigenous population Image
Instead, it has always been pretty much about resources. Gold mining is what drove British expansion westward (more on this below), and the recent discoveries of massive oil deposits led to Venezuela and Guyana raising tensions too Image
Read 11 tweets
Sep 12, 2023
About time... Spain's @el_pais reports that the $3 billion in frozen Vzlan assets will soon be released. This was agreed to between the Venezuelan govt and opposition last November! But this thread is to point out the dishonest b.s. from the Spanish establishment's mouthpiece 🧵 Image
This is the article in question:

It essentially relies on anonymous sources who say that the funds will soon be released. El País then covers this fairly straightforward report in a cloak of lies and misconceptionsenglish.elpais.com/international/…
So it begins. How dare Maduro want to access Venezuelan funds? Then it's incredibly disingenuous and racist to claim the govt wants to fix schools/hospitals to "polish its image." If a western govt builds a hospital, it's laudable. If Vzla does it it's to fool voters. GTFOH Image
Read 20 tweets
Jul 25, 2023
🧵🧵Worse than a broken clock... Even when it wants to state the obvious, in this case that sanctions are a terrible and wrong policy, the @nytimes remains fully draped in US exceptionalism. The corporate media are an active front of the US empire (thread) Image
The article in question () is instantly off to a bad start. We are supposed to agree that Iran and NK should not have nuclear weapons, unlike the only country to ever use them. And would they also call the Iraq war an "egregious violation of intl laws"? https://t.co/ElNZjjKTlTtinyurl.com/3rmur79p
Image
The end of the first section shows that this editorial is really not going anywhere since it's based on the outrageously false premise that the US should have some kind of god-given ability to impose murderous sanctions on other nations when it so pleases Image
Read 13 tweets
Jun 9, 2023
🧵🧵🧵We just came across an incredible piece from the Financial Times (not in a good way). It has a remarkable blend of fallacious arguments, outright lies, bias, and lack of standards. This is a long thread, so bear with us! Image
This is the article in question from @FT (tinyurl.com/y32pmvtk). You can tell from the off that you're in for a ride because it's based on this assumption that the West "presses for free and fair elections" when this in fact has happened less frequently than Yeti sightings Image
FT "journalists" must get a bonus for every use of the word "authoritarian." It's not often that a piece starts w/ an outright falsehood, b/c "democracy" never left Venezuela, only the US didn't like election results. But this apocalyptic tone is worthy of a good chuckle Image
Read 17 tweets
Jun 7, 2023
The US-backed Venezuelan opposition, which runs an imaginary parliament, wants a US court to declare a Venezuelan bond as invalid to try and soften the disaster brought by their complete bundling when in charge of CITGO

reuters.com/markets/commod…
The strategy haw few chances of success, for several reasons, not least of them that when this National Assembly was actually running it *did not* formally declare the bond issued by the Maduro govt as illegal. A US-backed group was not about to challenge financial investors
.@Reuters will not let a short, straightforward piece get in the way of some outrageous lying. US sanctions have been classified as "collective punishment" against the Vzlan population, and these stenographer clowns write "sanctions against the Maduro govt" #SanctionsKill Image
Read 5 tweets

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