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Economist Podcasts

Alms held up: Venezuela

Economist Podcasts

The Economist

News, News & Politics

4.35K Ratings

🗓️ 22 February 2019

⏱️ 20 minutes

🧾️ Download transcript

Summary

Venezuela is in dire need of humanitarian aid, and Juan Guaidó, the interim president, has pledged to deliver it tomorrow. Will Nicolás Maduro, the dictatorial leader still formally in power, let him? Ahead of Warren Buffett’s annual letter to shareholders, we look back on a half-century’s-worth of wisdom from the “Sage of Omaha”. And in Japan, longer lives are leading to more books by and for the elderly.

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Transcript

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0:00.0

Hello and welcome to The Intelligence on Economist Radio. I'm your host, Jason Palmer.

0:08.9

Every weekday, we provide a fresh perspective on the events shaping your world.

0:17.3

Every year since 1965, a genial gentleman from Nebraska has put his thoughts into a long letter.

0:23.9

Tomorrow, he'll put out another one, and hundreds of thousands of people can't wait to see it.

0:29.0

Our correspondence and editors weigh in on Warren Buffett's wisdom.

0:34.7

And there's tremendous growth in a genre of Japanese literature, books written by and for the elderly.

0:41.2

But as lives grow longer, the young too are getting a peek at what lies ahead.

1:09.6

First up, though, tomorrow is the deadline set by Juan Guaido, widely viewed as the interim president of Venezuela for humanitarian aid to be delivered to the impoverished country.

1:14.6

Venezuela has been facing rampant hyperinflation and shortages of food and medicine after years of misrule by President Nicolas Maduro, who still clings to power.

1:19.6

Mr. Maduro won the presidency again last year in elections that were widely viewed as fraudulent.

1:25.6

Now Venezuela's opposition and more than 50 countries

1:29.5

recognize Mr. Guaido as the president.

1:32.3

He's been organizing stockpiles of food and medicine

1:34.9

in Colombia and Brazil

1:36.5

and will be traveling to the Colombian border

1:38.3

from Caracas to meet the deliveries.

1:40.5

He's also called for volunteers

1:42.1

to come to the border and help distribute it.

1:53.0

But Mr. Maduro says he'll block any aid deliveries. Yesterday, he closed the border between Venezuela and Brazil,

1:56.0

and has threatened to close the border also with Colombia.

1:59.0

Nicholas Maduro, the president, basically, and has threatened to close the border also with Colombia.

2:08.3

Nicholas Maduro, the president, basically denies that there's a humanitarian crisis going on in Venezuela.

...

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