Daily Archives: March 9, 2019

Is Venezuela No More?

One should not be wonderstruck if many Venezuelans crave to live elsewhere because the economic, political, and overall human rights situation in Venezuela is nothing short of a disaster. What used to be a robust economy not more than a decade ago, has slipped into grave peril inasmuch food has become a source of conflict among the poor families, and women are selling their ‘hairs’ in order to satisfy their families’ appetite. Indeed, the basic provisions, such as toothpaste, milk, or bread, which we all take for granted are what Venezuelans yearn for and beg for. Many people are spending hours just to try to find something to eat from the ‘food waste’. In its heyday, given the colossal oil reserves, Venezuela had reaped a lot of benefits and was able to export 100,000 barrels of oil, per day to Cuba only. Due to relying specifically and excessively on oil, the latter accounted for 95 per cent of the Venezuela’s export.

Hugo Chavez, the former president, with a desire to make the most out of the country’s oil production, sweepingly nationalized the private companies which as an attempt went into a tailspin after the oil prices started to tumble. Hence, the corruption and mismanagement became rampant and the hyperinflation inevitably followed. Worst, all the money was spent, and no money for further production was left. Now the situation at its best is chaotic, and some say, at its worst, worse than the great depression of the United Sates. However, the experience of this economic downfall in practice is more frightening. A cup of tea costs 7000,000 bolivars in Venezuela and people prefer to exchange goods instead of paying or receiving cash. Since this crippling economy and the grave humanitarian crisis are the upshot of political dysfunction and mismanagement of the institutions, many experts believe it is ‘socialism’ at its end in Venezuela. Continue reading

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Filed under Accountability, Corruption, Discussion, Economy, Human Rights, Politics, Refugees, United States, Venezuela

Why Brexit is a vicious cycle

According to Ken Clarke, the Father of the House of Commons, “The ordinary rules of conventional politics cannot be applied to the last two-and-a-half, three years of Brexit politics.”

Winston Churchill, the legendary prime minister of the UK, took the view that every time we have to decide between Europe and open sea, it is always the open sea. The repercussions of such thoughts never dawned upon him but now it seems that the chickens have finally come home to roost with only 20 days remaining until Brexit day. The clock is ticking. The idea of Brexit, which is in fact driven by a hatred of foreigners and a false sense of superiority among the racist natives of England, is a vicious cycle. Be it a deal or no-deal, to compensate for the losses will be Gordian knot for the UK government but Theresa May is adamant that the UK can walk the walk without a deal despite the fact that Parliament is opposed to the UK crashing out of the EU. One should have an idea of the events in the decades which led to Brexit. Prior to its entry to the European Community in 1972, in the 1960s majority of the people in Britain had manual jobs and not more than one-tenth of the voters took university education.

But, in the 21st century a large number of people in the working class plummeted by becoming financially better off and majority of those people became a part of middle class citizens. Notably, overtime more than 30 percent of the electorates possessed university degrees from the middle class. Overall, this changed the demography of the Conservative and Labour party. The Labour Party always won elections in the past due to constant support of working class. Since 1997 Tony Blair had a centre approach (a third way) and he did not take seriously the fact that working class was responsible for always bringing his party into power. Those people had issues which could have been sorted out by either Tony Blair or David Cameron. But the working class was stranded by both and divisive liars like Nigel Farage took the opportunity to divide the UK and stir up mass racism against immigrants from Europe who can enter the UK without limits because of the magical law of free movement in Europe. Continue reading

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Filed under Brexit, Discussion, Economy, Europe, Immigration, Pakistan Horizon, Politics