Venezuela crisis: Police fire tear gas as protests enter second day

Police in Venezuela have fired tear gas during the second day of violent protests in the capital, Caracas.

Three people were killed on Wednesday when opponents of President Nicolas Maduro took to the streets to march.

The huge protests in Caracas and western Venezuela come amid a serious economic crisis in the country.

Opposition leaders have accused Mr Maduro of ruling the country like a dictator; the president says opponents are trying to topple him by force.

Venezuela’s opposition leader, Henrique Capriles, earlier this week called on the public to take part in anti-government protests across the country to press their demands for early presidential elections and the release of jailed politicians.

On Thursday, police in Caracas, backed by armoured trucks, were targeted by a masked group of protesters hurling stones as they attempted to control the crowds.

There were multiple reports of riot police firing tear gas at demonstrators who were fleeing from the scene with their faces covered with masks and bandanas.

Some of Wednesday’s marches also turned violent after protesters clashed with members of the security forces and supporters of Mr Maduro.

Seventeen-year-old Carlos José Moreno was killed by a shot in the head in the centre of Caracas near an opposition demonstration.

A 23-year-old student, Paola Ramirez, was also shot dead in the city of San Cristobal, near the Colombian border.

Her boyfriend told Reuters news agency that they were chased by armed men on motorbikes as they were leaving an anti-government protest in the city, also on a motorbike.

A national guardsman was also shot and killed south of the capital.

General Motors became the latest corporation to have a factory or other asset seized by the government of Venezuela, and the Detroit automaker faces an uphill battle to recover any damages.

GM said Thursday that its only factory in Venezuela was confiscated a day earlier, as anti-government protesters clashed with authorities in a country that is roiled by economic troubles. GM said assets such as vehicles were taken from the plant, causing the company irreparable damage.

The seizure is the latest in a long string of government confiscations of factories and other assets that have been a staple of the so-called 21st century socialist revolution in Venezuela started by the late Hugo Chavez two decades ago. Venezuela is currently fighting claims of illegal asset seizures at a World Bank-sponsored arbitration panel from more than 25 companies.

GM vowed to defend itself legally but getting compensated could be difficult. Under Chavez, Venezuela seized some Exxon Mobil assets. The oil giant sought compensation of $16.6 billion. The company won a $1.4 billion judgment, but earlier this year the arbitration panel determined that Venezuela had to pay only $180 million.

GM can seek compensation and damages for its lost plant in several different international venues, said Nigel Blackaby, a lawyer at the Freshfields Bruckhaus Deringer law firm, which has battled Venezuela in several high-profile cases in international courts. The venue depends on what treaties, if any, govern the investment, he said. While Exxon’s case was heard by the World Bank panel, Freshfields has successfully pursued claims against Venezuela’s government before a United Nations panel.


on the brink..the squeeze is becoming unbearable..

the second article shows where the forces moving against maduro come from..pissed off globalist behemoths..


~ by seeker401 on April 24, 2017.

2 Responses to “Venezuela crisis: Police fire tear gas as protests enter second day”

  1. another point for the globalists:
    one of the richest countries in the world put on its knees. of course no possibility for a competitive oil policy, nor gold currency applied.
    the IMF/Rthsld loans grow bigger and bigger.

    …from “the 1001 ways to enslave a country” anthology…

  2. Reblogged this on World Peace Forum.

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