Insane nations - a two-fer

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Agence France Presse has two articles on the more insane nations out there - North Korea and Venezuela

First - North Korea:

North Korea attempted to fire a missile from its east coast early on Tuesday morning but the launch appears to have failed, South Korean military officials told Reuters.
The launch attempt took place at around 5:20 a.m. Seoul time (2020 GMT), said the officials, who asked not to be identified, without elaborating.

And a bit more:

South Korea’s Yonhap News Agency said it appeared North Korea had attempted to launch an intermediate-range Musudan missile.

North Korea attempted three test launches of the Musudan in April, all of which failed, U.S. and South Korean officials have said.

North Korea has never had a successful launch of the Musudan, which theoretically has the range to reach any part of Japan and the U.S. territory of Guam.

Good - let them stay grounded for a long long time.

Next up - Venezuela:

Latin America’s largest airline, Chile-based LATAM Airlines, said on Monday it would suspend its flights to Venezuela due to the “economic scenario”, following a similar decision by Lufthansa over the weekend.
“Owing to the current complex macroeconomic scenario in the region, LATAM Airlines has announced adjustments to its destination network... it will suspend temporarily and for an undefined time its operations to Caracas airport,” the company said in a statement.

Probably their checks keep bouncing... A bit more:

On Saturday, German airline Deutsche Lufthansa AG also said it was halting Caracas-bound operations. It is owed more than $100 million in ticket revenue, it said.

International airlines have for years struggled to repatriate billions of dollars in revenue held in Venezuela’s local bolivar currency, as the cash-strapped government failed to convert it to hard currency amid tight exchange controls.

This has prompted many airlines to limit service to Venezuela and require that passengers pay fares in hard currency.

Yep - the checks keep bouncing - Venezuela is not going to stop this socialist stupidity until it hits rock bottom. The real problem is that Maduro and his cronies are feeling zero pain - they already have their billions and they give zero fucks about their countrymen. They probably have their new mansions built in some nation that has no extradition agreements with Venezuela - party while running their nation and their people into the ground and when the ride is over, bail and live the rest of your life someone else.

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This page contains a single entry by DaveH published on May 30, 2016 9:39 PM.

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