More expect Venezuela will collapse and have regime change within 12 months

The consensus view among the participants of the Emerging Markets Trade Association and Siobhan Morden, a managing director for Nomura Securities in New York, is that Venezuela’s leader Madura will be out within 12 months. Nextbigfuture published on March 4, 2018 that I expect a military coup in Venezuela before the end of 2018. There …

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Venezuelan oil production might drop to 1.35 million barrels per day in 2018 or even 1 million

Barclays analysts predicts that Venezuela’s oil production will average 1.43 million barrels per day (mb/d) in 2018. This would be a decline of roughly 700,000 bpd from the 2017 average. In the second half of 2018, output averages just 1.35 million barrels per day. Venezuela’s crude output is projected to tumble to 1.38 million barrels …

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Scientific basis for Venezuela’s increasing risk of a military coup

The mass desperation of the Venezuelan people coup is making military coup attempts in 2018 inevitable. Brian Wang at Nextbigfuture bases this prediction on Venezuela’s terrible economy, higher estimates of infant mortality, estimates of children starving to death and recent coup activity and recent civil unrest. Scientific basis of coup prediction Of about ten key …

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Maduro’s Venezuela could unravel quickly

Nextbigfuture wrote that Venzuela is unable to feed its people and that a military coup in 2018 seems inevitable. Venezuela’s leader Maduro is attempting to purge the military today. El Pais reports on the purge. Venezuelan dictator Nicolás Maduro began purging high-rankings members of his military who have expressed their opposition to his failed socialist …

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Venezuela oil workers are dying of hunger – a military coup in 2018 seems inevitable

Starving Venezuelan oil workers are growing too weak for heavy labor. They are too fatigued to act quickly which leads to more fatal accidents. Crude oil makes up about 95% of Venezuela’s exports. The country has no other source of foreign income. Nextbigfuture predicts that the Maduro government will be overthrown in a military coup …

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Venezuela making oil backed cryptocurrency as its economy implodes

Venezuela is creating its own “petrocurrency,” backed by reserves in oil, gas, gold and diamonds. It will enable Venezuela “to advance in monetary sovereignty, carry out its financial transactions to overcome the financial blockade,” Maduro said. The black market rate for one dollar weakened to 103,000 bolivars on Friday compared with 10,000 at the end …

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Venezuela defaulted but leaders seem willing to rule at all costs

Venezuela has defaulted on two of its US dollar-denominated sovereign bond issues. S&P says that it expects Venezuela to default on other bond payments. This comes as absolutely no surprise. A further $420m of bond payments are already overdue: unless Venezuela finds some dollars in a hurry, these will also go into default very soon. …

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Murderous Paramilitary enforcers for Venezuela’s President

The New York Times reports that members of armed bands who have become key enforcers for President Nicolás Maduro as he attempts to crush a growing protest movement against his rule. The groups, called collectives or colectivos in Spanish, originated as pro-government community organizations that have long been a part of the landscape of leftist …

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Google, Microsoft, labs and start-ups will create universal quantum computers in 2017 and achieve quantum supremacy over classical computers

Google started working on a form of quantum computing that harnesses superconductivity in 2014. In 2017 or 2018 Google hopes to perform a computation that is beyond even the most powerful ‘classical’ supercomputers — an elusive milestone known as quantum supremacy. Its rival, Microsoft, is betting on an intriguing but unproven concept, topological quantum computing, …

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