Venezuela’s Power Grid Afflicted by Brain Drain, Corruption

  • 📰 WSJ
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Venezuela's state electricity company suffers from a brain drain of experts, exacerbating last week's blackout amid a lack of maintenance and years of rampant corruption

President Nicolás Maduro’s government convened an urgent meeting of 12 technicians in February 2016 at the giant El Guri hydroelectric complex after rolling blackouts had hit Venezuela.

Despite the presence of three agents from the feared secret police, a few technicians summoned the courage to tell the electricity minister that they would need to reduce power generation to avoid long-term damage.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sorry

I am sure there are investors lining up to sink tens of billions of dollars into a communist hellhole with a history of nationalizing industries, run by a socialist tyrant. Maybe Cuba, Russia or China wants to get out their checkbook?

Doubt it The power grid is as we know a way to control people If they get out of control, shut down the power and the neighborhood will take care of the problem Expect the same here if the government's need arises

Socialism. Chavez claimed to be for many of the same things that AOC is calling for. She should be removed from office for treason. Along with every demonrat that supports her or her ideas (basically all of them and some republicans too).

get rid of the sanctions and give venezuela their OWN MONEY back so they can invest it.

give back venezuela back its money to fix it

Those poor people. How can this happen in a country as rich in oil as they are? Someone at the top is greedy or inept or both.

That's insane, ppl living like caveman life.

btw if you try to leave Venezuela, you get shot. people are eating their own dogs and brawling for bread in the street. this is socialism, AOC SenSanders congressdotgov RandPaul realDonaldTrump SenWarren speak up. we see your hypocrisy. Trump2020

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China offers help to Venezuela to restore powerWith the blackout in its sixth day, hospitals struggled to keep equipment running, food rotted and exports from the country's oil terminal were shut down. Yeah then they'll have more control So is china going to tell maduro to turn on the water and power? China is stepping into the void where the US once was on the world stage
Source: NBCNews - 🏆 10. / 86 Read more »

China offers help to Venezuela to restore powerChina offered on Wednesday to help Venezuela restore its power grid, after Presi... What's the catch? USA will not like this ... I was waiting for this ! At least its not the USA
Source: Reuters - 🏆 2. / 97 Read more »

The Latest: Venezuela's Guaido probed over power outageBREAKING: Venezuela's chief prosecutor Tarek William Saab says he's launched an investigation into opposition leader Juan Guaido over suspicions he was involved in an attack on the country's power grid. 'suspicions', not persecution, yeah right Yay Socialism Of course they are
Source: AP - 🏆 728. / 51 Read more »

US to withdraw all diplomatic staff – Venezuela crisisUS and dozens of other countries recognise opposition leader Juan Guaido as the oil-rich country's interim leader against President Nicolas Maduro, who refuses to step down and accuses Guaido of being a US puppet.
Source: trtworld - 🏆 101. / 63 Read more »

Manafort indicted in New York state, charges that fall outside Trump’s pardon powerThe charges were announced just minutes after the president’s former campaign chairman received his second federal sentence. Governor Cuomo was just crying about lost tax revenue and now they're putting all this money in a case on a parallel indictment because of how much they hate Donald Trump. Important reminder: HE PICKED PENCE! Woo hoo!!!
Source: washingtonpost - 🏆 95. / 72 Read more »

California governor could make sweeping change at state's power regulatorCalifornia's power regulator could face a shake-up that could lead to sweeping changes for PG&E good idea, hopefully they can do it in a way that doesn't bankrupt the utility companies Given PG&E’s negligence, the destruction of California partially falls on them. It’s about time.
Source: CNBC - 🏆 12. / 72 Read more »

China plans a solar power play in space that NASA abandoned decades agoChina thinks a solar power project in space to beam energy back to Earth is a viable idea. The renewable-energy concept has been around for decades and continues to have its backers and detractors. And NASA abandoned it for good reason! HealthHazard
Source: CNBC - 🏆 12. / 72 Read more »

Analysis | Power Up: GOP senators face loyalty test in vote over Trump's border wallAnalysis: GOP senators face loyalty test in vote over Trump's border wall Spoiler alert....they give the toddler what he wants. We have a vote-ish over the Wall, Britons have a BrexitVote Just freaking wonderful. Go ahead and make that choice!! Constituents or Trump!!! Get reelected or please the master? This is a strange and ugly new world we are in!!!!
Source: washingtonpost - 🏆 95. / 72 Read more »

Large-scale solar power set for double-digit growth: Goldman SachsUtility-scale solar power capacity is expected to grow by double digits globally... RickPetree Never considered utility scale solar feeding into grid with much earlier tweets by you in this. Interesting.
Source: Reuters - 🏆 2. / 97 Read more »

Workers suddenly have more power to demand higher pay and better jobsWorkers are receiving the fattest wage increases since the Great Recession as employers struggle to find enough people to fill their ranks and employees have more leverage to demand higher pay and jump to better jobs. I'm making a living wage now here in New Zealand plus free health care! God bless capitalism! Hurry up and do it because this power won't last Good news - So nomore depression ! Food on the plate ! 😄
Source: latimes - 🏆 11. / 82 Read more »