The current crisis of the Bolivarian project is due to its failure to question the rentier petro-state model. Far from accepting that an alternative to capitalism necessarily had to be a departure from the destructive development model of unlimited growth, the government of President Chávez intensified it to extremes unknown in the country’s previous history.
An international seminar in Montevideo, co-organised by TNI and the Uruguayan government, shared the latest learning and innovation by state-owned enterprises across Latin America and affirmed their importance as instruments for economic and social development.
Fifty years after signing the United Nations Single Convention on Narcotic Drugs and 40 years after the U.S. government declared a "war on drugs," many obstacles remain despite the partial successes of efforts to counter the problem. The Andean-United States Dialogue Forum, noted with concern how drug policy has monopolized the diplomatic and economic agenda between the Andean countries, contributing to tensions among the governments and impeding cooperation on other crucial priorities, such as safeguarding democratic processes from criminal networks.
Venezuela has undergone profound political and social changes since Hugo Chávez assumed the presidency in February 1999, which have been reflected in the fundamental pillars of the government’s economic policy.
"A magnificent washing-machine is sold here, its trademark is Aruba. The machine is an Aruban-Colombian product, its model called Cartel. The brand is well-known for its good performance in the United States and Europe. It is recommended by former ministers, members of Parliament, owners of casinos, supermarkets, cosmetics manufacturers and importers of cars and batteries. The washing-machine fits everybody who has become inexplicably rich from one day to another."