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PostPosted: Sun May 20, 2018 10:44 pm 
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Maduro declared winner in Venezuela's election

Venezuela's election officials say socialist leader Nicolas Maduro has won a second six-year term as president of the oil-rich South American country, while his main rivals are disputing the legitimacy of the vote and calling for a new election.

The National Election Council announced that with almost 93 percent of polling stations reporting, Maduro won nearly 68 percent of the votes in Sunday's election, beating his nearest challenger Henri Falcon by almost 40 points.

https://abcnews.go.com/International/wi ... s-55305346


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PostPosted: Mon May 21, 2018 7:52 am 
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Venezuela's Maduro re-elected amid outcry over vote
https://www.reuters.com/article/us-vene ... SKCN1IL05U

CARACAS, Venezuela (Reuters) - Venezuela’s leftist leader Nicolas Maduro won a new six-year term on Sunday, but his main rivals disavowed the election alleging massive irregularities in a process critics decried as a farce propping up a dictatorship.

[snip]

Turnout at the election was just 46.1 percent, the election board said, way down from the 80 percent registered at the last presidential vote in 2013. The opposition said that figure was inflated, putting participation at nearer 30 percent.

An electoral board source told Reuters 32.3 percent of eligible voters cast ballots by 6 p.m. (2200 GMT) as most polls shut.

[snip]

Mainly poor Venezuelans were asked to scan state-issued “fatherland cards” at red tents after voting in hope of receiving a “prize” promised by Maduro, which opponents said was akin to vote-buying.
The “fatherland cards” are required to receive benefits including food boxes and money transfers.


A third presidential candidate, evangelical pastor Javier Bertucci, followed Falcon in slamming irregularities during Sunday’s vote and calling for a new election.

Despite his unpopularity over a national economic meltdown, Maduro benefited on Sunday not just from the opposition boycott but also from a ban on his two most popular rivals and the liberal use of state resources in his campaign.

[snip]

Reeling from a fifth year of recession, falling oil production and U.S. sanctions, Venezuela is seeing growing levels of malnutrition and hyperinflation, and mass emigration.

Venezuelan migrants staged small anti-Maduro protests in cities from Madrid to Miami. In the highland city of San Cristobal near Colombia, three cloth dolls representing widely loathed officials - Electoral Council head Tibisay Lucena, Socialist Party No. 2 Diosdado Cabello and Vice President Tareck El Aissami - were hung from a footbridge.

[snip]

He faces a Herculean task to turn around the moribund economy, with the bolivar currency down 99 percent in the past year and inflation at an annual 14,000 percent, according to the National Assembly.

[snip][end]

We were just talking about "WoW economics" -- here's a trippy thang: right now the WoW game token is worth more than the Venezuelan bolivar. This may be why Maduro is trying to get people to switch to, of all things, a new Venezuelan cryptocurrency called The Petro.

'World of Warcraft's' virtual gold is seven times more valuable than Venezuela's real money
https://www.cnn.com/2018/05/08/world/wo ... index.html

Governments who pretend economic constraints have no basis whatsoever wind up with massive hyperinflation.

"Fatherland cards" ... a very nice touch.

Image

Protest of Venezuelan exiles living in Miami.

_________________
-- Tis an ill wind that blows no minds.
Malaclypse the Younger


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