The sanctions wont be as much a problem for high level government officials, they have the apparatus and means to get what they need via a variety of routes. The most effected will be the powerless who cannot even transport or trade properly, they are the most effected as end users by the sanctions.
So sure I believe both those statements could be true simultaneously.
You have a good point as far as the sanctions from August 2017 against the government of Venezuela are concerned. Surely many high level government officials are not privately affected by these. (Exception are those who could profit by corruption on the basis of activities interrupted because of sanctions.) But I don't see how for instance the freezing of assets of or travel bans on people like Manuel Eduardo Pérez Urdaneta, Director of the National Police, should affect the powerless negatively or impair their ability to transport or trade. |
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And you are avoiding to answer it. Simple fact and reason: Contrary to your false claims, before August 2017 there were only sanctions against a small number of Venezuelan officials.
Exactly, before 2017 there were sanctions and those had (purposefully) a serious impact on a country that was already going though a serious crisis. But hey, you just said: The sanctions against Venezuelan officials are totally illegal and shameful, but have almost no impact. |
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Indeed Obama declared that. But then only ordered sanctions against a small number of persons. (Seven at first, to be precise.) Do you know the difference between an order and the reasons given for that order?
It's the exact opposite. The sanctions against Venezuelan officials are totally illegal and shameful, but have almost no impact. It's a way to smear and send a political message to all the allies, like in the mafia. The formal declaration of an inexistent "threat" is the way Washington allowed the escalation, from the administration and government, and therefore more sanctions and attacks. All this of course, along with all the other ongoing criminal operations: media blockade, financial crime, violence, coup plots etc.Enough, you repeated the same question 3 times. Good luck. And you are avoiding to answer it. Simple fact and reason: Contrary to your false claims, before August 2017 there were only sanctions against a small number of Venezuelan officials. |
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To your additional false claims we can come later. First either admit, that all sanctions before August 2017 were directed agains a small group of people linked to the government or point us to proof that were others.
False. The illegal US sanctions declared Venezuela an " unusual and extraordinary threat to the national security and foreign policy of the United States". Indeed Obama declared that. But then only ordered sanctions against a small number of persons. (Seven at first, to be precise.) Do you know the difference between an order and the reasons given for that order? |
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Not true. Stop spreading lies. Which sanctions were activated before August 2017 and were not directed against (a very small number of) people linked to the Venezuelan government? (There are none.)
The illegal US sanctions activated in 2015 ... To your additional false claims we can come later. First either admit, that all sanctions before August 2017 were directed agains a small group of people linked to the government or point us to proof that were others. |
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The Venezuelan government is an institution of peace, led by a man of peace, Nicolas Maduro
From the statement by UN High Commissioner for Human Rights Zeid Ra'ad Al Hussein, 7 March 2018: The human rights situation in Venezuela is deeply alarming. ... I am also deeply alarmed by the possibility that crimes against humanity have been committed, and by the erosion of democratic institutions. ... Freedom of expression, opinion, association and peaceful assembly are being repressed and severely restricted. My Office has also received credible reports of hundreds of extra-judicial killings in recent years, both during protests and security operations. http://www.ohchr.org/EN/NewsEvents/Pages/DisplayNews.aspx?NewsID=22772&LangID=EBuy Petro. It's a cool one and it's even a good cause  As long it is good cause to support people responsible for extra-judicial killings. |
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You are delusional. The economy was in trouble long before US sanctions. The sanctions are only against members of the government and their families for humanitarian crimes.
Totally false. The sanctions have been activated by Obama to exploit the economic crisis that was triggered by the collapse in oil prices (2014). The economy of the whole region was slowing down in the last years as a result of the global crisis anyway, so growth was slower, but Venezuelan economy was not catastrophic at all. See GDP, in 2013 was still stable. The sanctions were not only against members of the government (which is illegal anyway, according to international law, as a way to discredit a democratically elected government). From 2015, the sanctions were financial and made it difficult to make transactions through US banks and get loans like any other country, which harmed the oil industry enormously (impossible to make the regular investments needed to keep high levels of production).Not true. Stop spreading lies. Which sanctions were activated before August 2017 and were not directed against (a very small number of) people linked to the Venezuelan government? (There are none.) |
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There is no guarantee whatsoever that you will get a 30% - or any - discount by making a pre-sale offer.
But from my understanding ALL the tokens sold during the pre-sale and ICO will be discounted, compared to the full oil barrel price. Your understanding is, as so often, wrong. For at least two reasons. The first one is this: "... the discount will decrease successively for each lot sold, until the last lot, of 24,000,000 Petro, which will have no discount." (White Paper, p. 21) |
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186.306 of what? petro? if i remenber well 1 petro is 19$, so more that 3.5 million dollars has been raised!
Why the pre-sale offers? Because if you make an early offer you can get big discounts, up to 30% on the oil barrel price (only a small part though, see white paper). There is no guarantee whatsoever that you will get a 30% - or any - discount by making a pre-sale offer. |
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No. Since the 20th February it has always been the same:
That's not true. I have the different versions of the white paper. - The Petro will be an Ethereum token
Again: How do you know? |
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I think this project seems a lot unclear to many investors. Changing laws, erc-20 then to Nem.
Actually the western media made the project unclear (and there are many dirty political reasons and bias why this massive FUD happens). The 2 documents and the process has been pretty straightforward since the beginning. So it's the problem of the western media that only after the official launch the information in the white paper was changed from: The Pre-sale will start on February 20,2018 and will consist of the creation and sale of an ERC20 token on the blockchain Ethereum platform. To: The Pre-sale will start on February 20,2018 and will consist of the creation and sale of smart-asset on the NEM blockchain platform. The Petro will be based on Ethereum (ERC20) but the ICO will provide tokens on the NEM blockchain, that will be exchangeable in Petros once the network is launched. That's it.
Maybe. But how do you know? That's what the white paper says: Prior to the Initial Offer, the 100 million (100,000,000) cryptoassets of the issue will be pre-mined in the Petro blocks chain. The Petro NEM blockchain token will have Petro from its own blockchain reserved to be exchanged when decided by its holders. |
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Update on the (non-existing) huge sales success of the petro
Update on my update: 5.3.Maduro declares that Venezuela is completing the protocol of 30 days of presale. The number of certified offers of intention to buy went up to 186.306. Again he doesn’t say how much was offered through these certified offers. 0,3% of the offers were in yuan. The offers were certified by a Russian company which uses the most advanced technological platform of the world. (Zeus? What technology would that be?) http://ciudadmcy.info.ve/?p=29564https://mundo.sputniknews.com/americalatina/201803061076781051-caracas-moneda-virtual/ |
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Where is tne proof that a phone call from Colombia to Julio Borges, the chief negotiator of the opposition, stopped the months’ long process with a “No firme”?
Desperately clutching at straws. That's an irrelevant detail (the telephone call): the letter of Zapatero is the proof of the whole case (ie. US funded opposition takes order from the US: it couldn't be otherwise, they pay, they decide). Hypocrisy is out of control. The list of disasters provoked by US policies in the region is endless. Good luck with the Petro. The letter of Zapatero is no proof at all that the opposition takes order from the US. Read it: https://www.telesurtv.net/english/news/Ex-Prime-Minister-Zapatero-Criticizes-Venezuelan-Opposition-20180207-0046.html(The letter isn't honest either, but that's another point.) |
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Nothing of this makes the article academic and substantiated. It just explains why you think the author doesn't have to provide proof for some of his strong (false) claims because they are suposedly well known and public.
All he says is very simple and totally true, there are plenty of links in the article for the specific stories. As for events that refer to more than 2-3 years ago, it's very well known history that you don't clearly know nothing about but can find everywhere, including in a decent history book. The desperation to reinvent reality and deny the most obvious and proved facts is quite amazing. Links are no proof at all if they are not to reliable sources and if they don't actually say, what is claimed. I can provide you links for the most nonsensical claims. Where is tne proof that a phone call from Colombia to Julio Borges, the chief negotiator of the opposition, stopped the months’ long process with a “No firme”? |
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The article is neither academic nor substantiated. Can you point me to any prove in the article that the sanctions of Canada and the European Union have aggravated the suffering of the Venezuelan people? Any prove that there is an economic war being waged against Venezuela since 1998?
The author is a UN expert and academic who writes reports for the UN and know well the situation in Venezuela, and he even reports things that are WELL KNOWN and public, if you don't read only propaganda press. Nothing of this makes the article academic and substantiated. It just explains why you think the author doesn't have to provide proof for some of his strong (false) claims because they are suposedly well known and public. Venezuela has been isolated by almost all US allied markets: even countries that don't have "sanctioned" (which is illegal by the way) are not trading normally with Venezuela. It's a war. Nobody in South America, apart from Bolivia kept trade levels w Venezuela after 2014-15.
They are not trading normally because Venezuela doesn't have enough foreign currency to import at highter levels and the production of the PDVSA went down dramatically. The war against Venezuela started when Chavez showed he would be impossible to corrupt.
LOL |
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The article is full of unproven and false claims, relies on questionable sources (Pasqualina Curcio, Alfredo Serrano ...) and rightly was rejected by the Georgetown Journal of International Affairs, even though it was commissioned - a decision very difficult for editors to take. In many parts it just repeats the Venezuelan goverment propaganda.
The article is obviously full of perfectly proven, detailed and strong claims that you simply don't like (also quite well known and certainly not secret), coming from someone who has worked as a UN expert on development for years. The rejection of the news outlet that commissioned it is an embarrassing show of how western propaganda works: an academic and substantiated research basically cannot be published because it doesn't confirm the US narrative. US sanctions and sabotage have harmed Venezuelan economy for 2 decades, but are now devastating it. Essay on Venezuela: https://dezayasalfred.wordpress.com/2018/03/03/essay-on-venezuela/The article is neither academic nor substantiated. Can you point me to any prove in the article that the sanctions of Canada and the European Union have aggravated the suffering of the Venezuelan people? Any prove that there is an economic war being waged against Venezuela since 1998? |
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It has to be more then a word or a promise, exchange has to be possible or its not being backed by oil trade.
So far there isn't anything more than empty promises. https://www.caracaschronicles.com/2018/02/27/petro-truly-backed-oil-reserves/ explains it well. There is no word of any way by which you could exchange a petro for a barrel of Venezuelan oil or its international price. And I promise you: There won't be a way to do this. According to the presidential decree "the potential development of 5.342 million of barrels (net) of original oil in situ" will form the backing. |
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It's so funny how so many are desperately trying to minimise the potential success of the Petro, hate is amazing LOL.
It is funny how people have to resort to personal innuendos. What is wrong in my update? The article is full of unproven and false claims, relies on questionable sources (Pasqualina Curcio, Alfredo Serrano ...) and rightly was rejected by the Georgetown Journal of International Affairs, even though it was commissioned - a decision very difficult for editors to take. In many parts it just repeats the Venezuelan goverment propaganda. |
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