A top official with the German company Siemens Energy AG told Bloomberg News on Tuesday that it is “in talks” with the socialist regime of dictator Nicolás Maduro to repair the nation’s crumbling power grid.
Bloomberg News on Tuesday that it is “in talks” with the socialist regime of dictator Nicolás Maduro to repair the nation’s crumbling power grid.
Venezuelans have faced years of rolling blackouts and a lack of access to electricity as a result of two decades of socialist mismanagement, first under late dictator Hugo Chávez and currently under Maduro. While Maduro is not legally the president of Venezuela, he maintains control over the armed forces and all functional activities of the chief executive, rendering the rightful head of state of the country, Juan Guaidó, powerless.
Venezuela’s socialist regime, having nearly destroyed everything in the country – the economy, the education system, health care, and public infrastructure, among other institutions – is now seeking the help of “capitalist” foreign investment and private entrepreneurship that it spent so much time chasing out off the country to come help fix and repair their mess.
Eric Soto, Siemens’ business manager in Venezuela, told Bloomberg that the German company is working with the Maduro regime on potential contracts to repair the facilities that provide power to the nation’s capital, Caracas, as well as repairing the power infrastructure used by the nation’s limping oil industry, which is further crippled by the constant blackouts that forcefully limit its operation. According to documents seen by Bloomberg, Maduro is seeking to invest $1.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
A Mercedes EQE Shooting Brake Is Reportedly In The WorksMercedes could launch a shooting brake version of the EQE according to German outlet Auto Bild.
Weiterlesen »
Moderna sues Pfizer, BioNTech over COVID-19 vaccine patentsCOVID-19 vaccine maker Moderna is suing Pfizer and the German drugmaker BioNTech, accusing its main competitors of copying Moderna’s technology in order to make their own vaccine.
Weiterlesen »
A 1952 Book Predicted Someone Named 'Elon' Would Guide Humans to MarsA German scientist published a book named The Mars Project in 1952, in which he predicted someone called 'Elon' would bring humans to Mars.
Weiterlesen »
Moderna sues Pfizer over patents behind COVID-19 vaccineCOVID\u002D19 vaccine maker Moderna is suing Pfizer and German drugmaker BioNTech, accusing its main competitors of copying Moderna\u0027s technology.
Weiterlesen »
Were Gay Concentration Camp Prisoners 'Put Back in Prison' After World War II?Yes, gay men incarcerated in Nazi concentration camps during World War II were forced back into prison even after the Allied forces won that conflict.
Weiterlesen »
Moderna sets up clash with Pfizer and BioNTech with patent lawsuits in the U.S. and GermanyPfizer and BioNTech infringed patents relating to Moderna’s mRNA platform, Moderna alleged in lawsuits, reversing its statement in 2020 that the company would not enforce its patents while the pandemic continued.
Weiterlesen »