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Cramm for 2/22/19
 
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THE HIGHLIGHTS

All eyes are on Venezuela.

 

THE BACKGROUND.

You know Venezuela for being kind of a mess. Its main export is oil - which hasn’t been doing as well lately, causing Venezuela’s economy to crash. Plus, there’s Prez Nicolas Maduro - who’s not exactly known for being all that ethical or humane. Leading around 3 million Venezuelans to flee the country. They’re not the only ones who don’t like Maduro. Pretty much the whole world has considered anything from staging an invasion to sanctions in order to keep Maduro in check. Until Juan Guaido showed up -  and swore himself in as interim prez.

 

THE HAPPENINGS.

Guaido is the country’s opposition leader - and since declaring himself prez, he’s gained the support of much of the world, including the US and most Latin American countries. One of his first orders of biz - asking the US to pretty please hand over some humanitarian aid. The US agreed - something Maduro wasn’t happy about. He says this is all just a front for an invasion and that his people aren’t “beggars.” Over the past couple weeks, he’s closed border after border to keep aid from getting into Venezuela. And yesterday, shut down the border with Brazil.

 

THE REACTION.

The US just sent a ton of aid to Colombia - pretty much the last remaining place to enter Venezuela. So Guaido - plus hundreds of thousands of people - are heading there today to receive it. Problem, since Maduro’s already said he’s considering closing the border with Colombia. Leading to concerns of violent clashes.

 

SO…?

You’ve been hearing about Venezuela for a long while. TBD on how things turn out tomorrow.

 


THE ACTION

USA: Yesterday, North Carolina said ‘this seems pretty conclusive’ and voted unanimously to hold a new election in the state’s congressional race. Reminder: back in November, it looked like Mark Harris - the Republican candidate - had won the election by 905 votes. But officials weren’t able to certify the vote...and opened up an investigation into whether Harris’ team was taking incomplete absentee ballots and filling them out. You read that right. Now, it looks like North Carolina will be heading to the polls again for round 2. In other news, police now say Jussie Smollett - who’s out on $100,000 bail - paid two men to stage his alleged attack for attention. Smollett still says he’s innocent.

 

WORLD: Heads up: the deadline for Brexit is next month. And the UK still hasn’t worked out a deal with the European Union. So recently, Ireland - half of which is sticking with the UK, and half of which is sticking with the EU - said ‘better safe than sorry’ and intro’d new legislation to ensure a smooth Brexit transition if a deal still hasn’t been worked out by the deadline. Stay tuned. Meanwhile, Botswana is reportedly thinking about lifting a ban on elephant hunting to keep the elephant population in check. Cue backlash. And in other news, Los Angeles just saw snow for the first time in nearly half a century. (Don’t) let it snow.

 

POLITICS: Everyone is talking about 5G. That’s the new generation of cellular mobile communications that gives users a higher data rate, higher system capacity, energy saving, and massive device connectivity. It’s also something China’s doing much better with than the US. So yesterday, Prez Trump took to Twitter to say ‘step it up, America.’ Then added that he wants “6G technology….as soon as possible.” Something that doesn’t yet exist. Future, is that you? Speaking of which, Oregon’s expected to become the first state to impose mandatory rent controls - aka when the cost of rent stays the same. Nike wishes they had that for their stock.


WHAT TO KNOW

Wallace’s giant bee:” the world’s largest bee. It’s the size of a human thumb. BRB, locking our doors.


SAY WHAT?

“Montana is useless” - A new petition on why selling Montana to Canada for $1 trillion to help get the US out of debt is a good idea. Harsh, eh.

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