On 5 August, the Trump administration took yet another step in escalating imperialist aggression against Venezuela by imposing an economic embargo. The current regime change offensive against President Maduro has so far failed miserably. Incapable of using direct military means to remove the Venezuelan government and impose one of its liking, Washington has decided to further tighten the economic screws on a nation already suffering a catastrophic economic crisis, which previous sanctions have only aggravated. We fully reject this new act of outrageous imperialist meddling.

On 6 August, several leftist organisations gathered in Plaza Morelos in Caracas, Venezuela to support the peasants’ claim for land that is rightly theirs. More than 300 people, many from the interior of the country, gathered together to march to Miraflores Palace and demand the fulfilment of the agreements signed with the president a year ago.

In recent months, we have witnessed a noticeable deceleration of inflation. In February and March, we saw the prices of many goods and services remaining relatively stagnant, or even falling briefly. The behaviour of prices in June has been similar, coinciding with a seasonal period where several items (such as cheese, various vegetables, and some fruits) tend to be produced in greater quantity than during the rest of the year.

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