Russian strongman Vladimir Putin and Communist Chinese dictator Xi Jinping visited Latin America this month to push a new international order and boost relations between their regimes and the region’s totalitarian-minded rulers, signing huge deals with their counterparts in the Western Hemisphere on everything from trade and economic cooperation to military issues and espionage. According to analysts, the official Sino-Russo trips to the region highlight the fast-shifting geopolitical scene, with the world being shepherded in controlled fashion toward a new, “multi-polar” world order featuring a neutered United States and more unaccountable “global governance.”
Despite a ferocious crackdown on beleaguered protesters by the socialist regime in Venezuela that has left at least 15 dead so far, demonstrations against totalitarianism and economic collapse across the nation are still growing. While “President” Nicolas Maduro, successor to the late socialist strongman Hugo Chávez, has secured the support of government workers and fellow autocrats in the region, analysts say the escalating uprising has the potential to ultimately bring down the Venezuelan regime — and possibly other tyrants in the region.
With the Venezuelan economy in full-blown meltdown and massive protests escalating across the embattled nation, the socialist regime of “President” Nicolas Maduro has taken to deploying troops, mowing down student protesters, terrorizing critics, and even arresting leaders of the political opposition. Instead of addressing the root cause of the turmoil — socialism, corruption, soaring inflation, and tyranny — authorities in Venezuela are doubling down and shifting the blame, Chavez-style, onto a foreign “conspiracy” and right-wing “fascists.” At least several protesters have been shot dead so far, with dozens wounded.
Now that credit rating agency Standard & Poor’s has ended the suspense by announcing that it is cutting Puerto Rico’s $70 billion worth of general obligation bonds to junk status, questions about the island’s economic future abound.