In this article we will be analysing the objective conditions which led to the emergence of SIMADI and the currency exchange controls in general, which since their implementation have been unable to reach their stated objective of preventing capital flight.

One wonders how many mistakes, glaring omissions and biased statements can one fit in just two paragraphs of just 88 words. When it comes to Venezuela, the answer is, a lot. On Friday, 27 of March, the Guardian published a piece called Democracy behind bars: 11 opposition leaders facing jail or death”, which was “sponsored by Crown Agents”. First in the list of 11 “democratic opposition leaders” facing jail or death around the world is Venezuela’s Leopoldo Lopez.

On March 9, 2015, US President Obama issued an Executive Order declaring a "national emergency" affirming that "the situation in Venezuela" poses an"unusual and extraordinary threat to the national security and foreign policy of the United States". This is the latest measure of US imperialist meddling in the internal affairs of a sovereign nation like the Bolivarian Republic of Venezuela and as such is strongly condemned by the Hands off Venezuela campaign.

Sixteen years since Chavez came to power, the Bolivarian revolution has still not been completed. A revolution cannot be carried out partially. Either it goes all the way in removing capitalism once and for all, or it opens dangers for itself, which in the long run can lead to defeat, with the oligarchy regaining full political control. In this article written last year, Jorge Martin looks at what needs to be done to complete the Venezuelan revolution.

Two years have passed since the death of Hugo Chávez. His death, as I wrote at the time, was a great loss for the cause of freedom, socialism and humanity. I had known him for almost ten years and had an enormous respect for his courage, honesty and dedication to the cause of socialism.

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