The economic chaos in Venezuela turned political on Sunday. When President Nicolas Maduro’s National Electoral Council (CNE), packed with his cronies, declared attempts to call for a national recall referendum on Maduro’s presidency null and void on Friday, opposition leaders called it a “coup.” Sunday's raucous display may be the trigger that replaces one Marxist thug with another in Venezuela.

The dire situation in Venezuela, as it succumbs to years of socialist mismanagement, almost defies description. 

Like other well-known politicians, Lula's corruption, dating back at least a decade, is finally being exposed.

Brazilian investors, putting hope once again over experience, have doubled the price of the preferred stock of the Petrobras oil company since January, even as Petrobras sells off assets to pay down debts.

The Lula cancer is finally being excised. Whether Brazil will heal remains an open question.

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