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Venezuela Devalues Its Currency
Business Insider, by Matthew Boesler

Original Article

Posted By:PageTurner, 2/8/2013 3:55:27 PM

Venezuela just undertook a massive currency devaluation, repegging the bolivar to a rate of 6.3 per U.S. dollar from a previous exchange rate of 4.3 bolivars per dollar. The government also announced that it would shutter the a Venezuelan currency exchange system known as SITME. Given the currency devaluation underway in other economies around the world right now – notably, Japan – a few are calling this Venezuela´s foray into the global "currency war" between countries trying to devalue their currencies in order to increase export competitiveness.
Content corrected by staff.

Comments:
More on the catastrophe in Caracas. Get ready for the riots.

      


Post Reply  

Reply 1 - Posted by: vesicant, 2/8/2013 6:08:21 PM     (No. 9166345)

Pay attention to what happens in Venezuela. It´s what scumbama wants for the US.



Post Reply   Close thread 722683




Below, you will find ...

Most Recent Articles posted by "PageTurner"

and

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Most Recent Articles posted by "PageTurner"



British women attacked
with acid in Zanzibar
BBC News, by Staff    Original Article
Posted By: PageTurner- 8/8/2013 12:51:13 PM     Post Reply
Katie Gee and Kirstie Trup, both 18 and from London, were working as volunteer teachers on the island. Their mothers, Nicky Gee and Rochelle Trup, said they expected them to return to the UK on Thursday night. The Foreign Office said it was "concerned to hear of an attack on two British nationals" and was "providing consular assistance". The women´s mothers said in a statement: "Both families are extremely upset and distressed at this completely unprovoked attack on their lovely daughters who had only gone to Zanzibar with good intention. We understand that they will be flying home overnight.

Giant Maya Carvings
Found in Guatemala
National Geographic, by Ker Than    Original Article
Posted By: PageTurner- 8/8/2013 12:48:48 PM     Post Reply
Archaeologist Anya Shetler cleans an inscription below an ancient stucco frieze recently unearthed in the buried Maya city of Holmul in the Peten region of Guatemala. Sunlight from a tunnel entrance highlights the carved legs of a ruler sitting atop the head of a Maya mountain spirit. The enormous frieze—which measures 26 feet by nearly 7 feet (8 meters by 2 meters)—depicts human figures in a mythological setting, suggesting these may be deified rulers. It was discovered in July in the buried foundations of a rectangular pyramid in Holmul. Maya archaeologist Francisco Estrada-Belli

Kenya Airport Fire On
Anniversary Of U.S.
Embassy Bombings
Associated Press, by Tom Odula and Jason Straziuso    Original Article
Posted By: PageTurner- 8/7/2013 7:55:06 PM     Post Reply
NAIROBI, Kenya A small fire that an under-resourced fire brigade reacted slowly to swelled into a raging inferno that engulfed the arrival hall at Kenya´s main international airport Wednesday, an official said, shutting down East Africa´s largest airport and forcing the cancellation of dozens of flights. By late Wednesday, the airport re-opened for domestic and cargo flights, an official said. The massive, early-morning fire sent billows of black smoke high into Nairobi´s sky. The blaze burned for more than four hours before officials declared it contained, and flames continued to burn two more hours after that.

Mysterious priest performs
miracle at site of Mercedes crash
KHQA 7 [Quincy, IL], by Rajah Maples    Original Article
Posted By: PageTurner- 8/7/2013 1:37:11 PM     Post Reply
CENTER, MO. -- Rescue workers want to thank a higher power for coming to the rescue early Sunday morning. Emergency crews spent an hour and a half trying to extricate a 19-year-old Quincy woman trapped in her in crushed car on Missouri 19 near Center, Missouri. The Missouri Highway Patrol says 26-year-old Aaron Smith crossed the center line, hitting Katie Lentz head-on. Now, friends, family and those who rescued Lentz would love to find and thank a mysterious priest who they say helped make the rescue possible.

Unemployment ´drives young
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Guardian [U.K.], by Rebecca Smithers    Original Article
Posted By: PageTurner- 8/7/2013 2:55:17 AM     Post Reply
It is regarded as an essential personal grooming product, and even more so during the hot weather. Yet a generation of young men appears to be ditching the deodorant as soaring graduate unemployment changes their habits and squeezes their finances, according to research by the Grocer magazine. It found that 7% of young men aged between 17 and 24 have stopped using deodorant at least once a week; a further 5% in the same age group have stopped washing their hair; while 5% have stopped styling their hair at least once a week.

   

 

  


 
Massive fire shuts down
Nairobi airport; whole
terminal in flames
CNN, by Khushbu Shah    Original Article
Posted By: PageTurner- 8/7/2013 2:26:30 AM     Post Reply
A massive fire shut down Nairobi´s Kenyatta International Airport on Tuesday, Kenyan government and airport officials said. The blaze has engulfed the entire international terminal, Ken Mijungu of CNN affiliate NTV reported. No casualties were reported from the fire, which sent a huge plume of thick black smoke into the sky. The airport is closed indefinitely, the Kenyan Interior Ministry tweeted. The ministry also said fire engines are running dangerously low on water. No flights are departing or arriving. Flights are being diverted to other airports.

Huge fire strikes Kenya´s
Jomo Kenyatta
International Airport
Xinhua News Service [China], by Staff    Original Article
Posted By: PageTurner- 8/7/2013 2:18:21 AM     Post Reply
NAIROBI -- Kenya´s emergency rescue team have evacuated passengers after an outbreak of huge fire at the Jomo Kenyatta International Airport early Wednesday. The fire whose cause has not been established started at arrival area at around 04:30 a.m. and has affected the Immigration services at the country´s main airport but there was not casualty. Kenya Red Cross Society (KRCS) Disaster Rick Reduction Officer Daniel Mutinda told Xinhua on Wednesday that Immigration section of the busy airport has been cordoned off as rescue teams strive to contain the fire.

Bradley Manning sentenced
to 90 years in prison
Daily Caller, by Josh Peterson    Original Article
Posted By: PageTurner- 8/7/2013 12:18:58 AM     Post Reply
U.S. Army Private First Class Bradley Manning’s maximum prison sentence of 136 years was reduced to a maximum sentence of 90 years behind bars. Judge Denise Lind, an Army colonel, announced Manning’s reduced sentence during a closed session at Ft. Meade, Md., on Tuesday. Lind agreed in part to a motion proposed by the defense to merge various charges against Manning. “She merged two Espionage specifications for transmission of the Iraq and Afghan SigActs, the theft and transmission of the Guantanamo Bay Detainee Assessment Briefs (DABs),

Liz Cheney listed as 10-year
Wyomingite, gets resident
fishing license early
Caspar Star-Tribune [WY], by Kyle Roerink    Original Article
Posted By: PageTurner- 8/6/2013 10:27:57 PM     Post Reply
Senate candidate Liz Cheney improperly received a state resident fishing license based on an application with incorrect information, according to Wyoming Game and Fish Department records. Cheney, who last month announced she will challenge Sen. Mike Enzi in the 2014 Republican primary, received her resident license just 72 days after closing on her Wilson house in May 2012. State law requires residents live in the state 365 consecutive days before they can receive a resident hunting or fishing license, which are cheaper than out-of-state licenses. Cheney’s application also lists her as a 10-year resident of Wyoming.

Venezuela´s Maduro Compares
Chavez to Christ
Agencia EFE [Madrid, Spain], by Staff    Original Article
Posted By: PageTurner- 8/6/2013 3:35:56 PM     Post Reply
CARACAS – Venezuelan President Nicolas Maduro on Monday compared Hugo Chavez to Christ and said that the late president, just like Jesus, “came to protect those who had nothing,” in a tribute to the fallen leader on the fifth-month anniversary of his death. “Christ the Redeemer became flesh ... became truth in Chavez,” said Maduro from the Cuartel de la Montaña in western Caracas, where Chavez’s remains rest, in a ceremony broadcast carried on all radio and television networks. Maduro said that Chavez had the same qualities as Christ, felt an affinity for the poor

   

 

B-G1


 
Energy Secretary: Fracking is safe
Washington Examiner, by Sean Higgins    Original Article
Posted By: PageTurner- 8/3/2013 8:50:46 AM     Post Reply
Energy Secretary Ernest Moniz told reporters Thursday morning that the process of natural gas extraction called fracking was safe and should be used, provided it was properly regulated. “I still have not seen any evidence of fracking per se contaminating groundwater,” he said at a breakfast hosted by the Christian Science Monitor. Moniz’s comments represented a blunt rebuke to many in the environmental community, which has increasingly turned against fracking. President Obama has generally rejected those concerns and regularly touted natural gas as a “bridge to a low carbon future,” a phrase Moniz used again Thursday.

Did White House Have
Something To Do With
Chattanooga Editor´s Firing?
Investor´s Business Daily, by Editorial    Original Article
Posted By: PageTurner- 8/3/2013 7:58:47 AM     Post Reply
Media: A Tennessee newspaper fired an editor over a hard-hitting editorial denouncing President Obama´s jobs plan on the very day the president came to town to tout it. This has the odor of White House revanchism. The Chattanooga Times Free Press insists that its firing of Drew Johnson for the title of his editorial, "Take Your Jobs Plan And Shove It, Mr. President," was unrelated to content, and merely a case of an insubordinate editor changing his headline to a riff on a song by Nashville singer Johnny PayCheck over another headline. Frankly, it´s hard to believe.



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Posted By: FlyRight- 8/8/2013 6:48:18 AM     Post Reply
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McClatchy Newspapers, by Hannah Allam    Original Article
Posted By: FlyRight- 8/7/2013 7:05:38 AM     Post Reply
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R_DBL_B
  


 
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PJ Media, by Victor Davis Hanson    Original Article
Posted By: StormCnter- 8/7/2013 5:04:01 AM     Post Reply
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Associated Press, by Staff    Original Article
Posted By: congaree53- 8/7/2013 9:17:01 AM     Post Reply
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Mediaite, by Andrew Kirell    Original Article
Posted By: KarenJ1- 8/8/2013 1:02:05 PM     Post Reply
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Prava ru., by Lyuba Lyulko    Original Article
Posted By: FlyRight- 8/7/2013 6:24:28 AM     Post Reply
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35 replie(s)
Power Line, by John Hinderaker    Original Article
Posted By: StormCnter- 8/7/2013 6:06:18 AM     Post Reply
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Associated Press, by Staff    Original Article
Posted By: KarenJ1- 8/7/2013 9:28:50 AM     Post Reply
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Fox News, by Doug McKelway    Original Article
Posted By: JoniTx- 8/7/2013 9:58:01 PM     Post Reply
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33 replie(s)
The Hill (Washington DC), by Mario Trujillo    Original Article
Posted By: JoniTx- 8/7/2013 8:43:45 PM     Post Reply
President Obama is slated to deliver a speech later this month commemorating the 50th anniversary of the March on Washington in which Martin Luther King Jr. gave his famous “I Have a Dream” speech. Obama will deliver his speech from the steps of the Lincoln Memorial — the same place where King spoke 50 years ago. The Let Freedom Ring ceremony will be held Aug. 28. "It’s obviously a historic, seminal event in the country. It’s part of my generation’s formative memory and it’s a good time for us to do some reflection,"

   

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