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: 鈥淒o you remember what happened on February 27, 1989?鈥
Hugo Chavez
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A group of Australian academics, unionists, politicians, and others have urged the US to 鈥渟top interfering in Venezuela鈥檚 domestic affairs鈥. More than 70 prominent Australian progressives issued an open letter to US President Barack Obama condemning US sanctions against Venezuela on April 9.
The letter, initiated by the Venezuelan Solidarity Campaign in Melbourne, is printed below. The letter was handed to US consulates in Sydney and Melbourne on April 10.
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No more coups! No more interventions! Repeal the Executive Order!
Dear Mr President,
Since US President Barack Obama's administration decided to impose new sanctions on Venezuela on March 9, many people, including journalists, have asked what motivated them to do this.
Some are curious over the apparent inconsistency between this move and the White House decision in December to begin normalising relations with Cuba. Others are wondering why the Obama administration would do something that so obviously hurts the United States-backed opposition in Venezuela, at least in the short run.
Experience proves that left-wing movements can win government, but nevertheless not hold power. Democracy, in other words the exercise of power by the people and for the people, requires much more.
The problem is now being faced in Greece with with radical left party SYRIZA, which won elections in January. It will have to be faced in Spain if the new anti-austerity party Podemos wins November elections.
US President Barack Obama issued an Executive Order regarding Venezuela on March 9 that escalated US attacks on Venezuela's left-wing government.
The order amounts to an act of aggression against Venezuela's sovereignty by declaring a 鈥渘ational emergency鈥 based on claims the oil-rich South American nation threatens US national security due to alleged human rights violations and corruption.
The Bolivarian Alliance of the Peoples of Our America (ALBA) is an anti-imperialist trading bloc first formed by the left-wing governments of Venezuela and Cuba to promote trade on the basis of solidarity rather than competition.
It has since expanded to include 11 nations, with Venezuela and Cuba joined by Bolivia, Ecuador, Nicaragua, Dominica, Antigua and Barbuda, St Vincent and the Grenadines, Saint Lucia, Grenada and Saint Kitts and Nevis. Honduras was an ALBA member, but was forced to withdraw when a 2009 US-backed coup installed a right-wing dictatorship.
A new poll released by International Consulting Services, featured several results that suggest Chavismo 鈥 the political project pushed by late Venezuelan president Hugo Chavez 鈥 continues to be the preferred political option for the country.
The poll, carried out on the eve of the second anniversary of the death of Chavez's death on March 5, found 62% of Venezuelans consider themselves Chavistas 鈥 鈥減artisans 鈥 of the ideals鈥 of the late Venezuelan leader.
Hugo Chavez was Venezuela's president from 1998 until his death from cancer on March 5, 2013. He led a mass process known as the Bolivarian revolution to redistribute wealth, promote popular power and challenge US domination and exploitation of Latin America. The goal of the Bolivarian revolution is to create a 鈥渟ocialism for the 21st century鈥.
Venezuela has faced new attempts to subvert its democracy and roll-back the pro-poor process of social change known as the Bolivarian revolution, which aims to build a 鈥渟ocialism of the 21st century鈥.
The attacks have taken the form of new US-imposed sanctions, an economic war by private business owners to cause shortages and what Venezuelan officials say is a thwarted coup plot to overthrow the government.
On February 25, Venezuelan National Assembly president Diosdado Cabello presented evidence relating the the coup plot thwarted earlier in the month.
There is a coup underway in Venezuela. The pieces are all falling into place like a bad CIA movie.
At every turn, a new traitor is revealed, a betrayal is born, full of promises to reveal the smoking gun that will justify the unjustifiable. Infiltrations are rampant, rumours spread like wildfire, and the panic mentality threatens to overcome logic.
Headlines scream danger, crisis and imminent demise, while the usual suspects declare covert war on a people whose only crime is being gatekeeper to the largest pot of black gold in the world.
Media attacks
The statement below was released by several socialist parties from the Asia-Pacific region. Please email international@socialist-alliance.org to add your organisation to sign the statement. *Updated signings on March 18*
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Socialists in the Asia-Pacific region pledge support for Venezuela鈥檚 socialist revolution, a year after Chavez鈥檚 death.
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