• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

I’m 44 with $1.3 million in my 401(k) — can I stop contributing and still retire in 15 years?

August 22, 2026

“You Are 1% of This Nation…This City Is No Longer Under American Law…Enough is Enough!” – Christian Pastor Absolutely EXPLODES on Dearborn City Council During Meeting (VIDEO)

August 22, 2026

DSA Candidates Repeatedly Can’t Give ‘Basic Facts’ About How Their Beliefs Work

August 22, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, August 22
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    “You Are 1% of This Nation…This City Is No Longer Under American Law…Enough is Enough!” – Christian Pastor Absolutely EXPLODES on Dearborn City Council During Meeting (VIDEO)

    August 22, 2026

    Starbucks Headquarters in Seattle Lays Off Hundreds as They Prepare to Send Jobs to Nashville * The Gateway Pundit * by Mike LaChance

    August 22, 2026

    JD Vance Tears Into Minnesota Governor Tim Walz for Trying to Protect a Child Predator (VIDEO) * The Gateway Pundit * by Mike LaChance

    August 22, 2026

    Trump Plans To Campaign For Months Before The Midterm

    August 22, 2026

    Elizabeth Warren Proves She Has No Idea How the Basic Concept of ‘Supply and Demand’ Works * The Gateway Pundit * by Mike LaChance

    August 22, 2026
  • Health

    Cannabis Use Disorder Is Rising— Public Health Needs To Catch Up

    August 21, 2026

    New clues emerge in direction of RFK Jr.’s vaccine policy changes

    August 21, 2026

    Ebola vaccine, Meta glasses, prostate cancer: Morning Rounds

    August 21, 2026

    What We Can Learn From Taiwan And Egypt About Ending Endemic Disease

    August 21, 2026

    Science, risks and data behind focal therapy for prostate cancer

    August 21, 2026
  • World

    U.S. Academic Who Exposed Alleged Jason Arday Plagiarism Suspended

    August 22, 2026

    Hayden Panettiere’s Ex Releases Statement Following Her Death

    August 22, 2026

    Kim Jong-un’s Sister Mocks South Korea, Confirms Brother’s Relationship with Trump Is ‘Excellent’

    August 22, 2026

    JD Vance Blames Biden For $40 Trillion U.S. Debt Crisis

    August 22, 2026

    Chinese Company Seeks $1.5 Billion in Damages over Panama Canal Port Ouster

    August 22, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    I’m 44 with $1.3 million in my 401(k) — can I stop contributing and still retire in 15 years?

    August 22, 2026

    Bond market sends rates scrambling

    August 22, 2026

    Silver pushes higher on weaker dollar

    August 22, 2026

    Cryptos continue rally sparked by Treasury repurchase announcement

    August 22, 2026

    Earn 2% cash back or more on every purchase

    August 22, 2026
  • Tech

    James Talarico Shuts Out Local News at Campaign Event

    August 22, 2026

    Darth Vader Shows Up at San Diego City Council Meeting to Mock Flock Cameras

    August 22, 2026

    ‘Grand Theft Auto 6’ Clips Point to Leakers Having Full Playable Build of Blockbuster Game

    August 21, 2026

    Meta Whistleblower Testifies Meta Took ‘Don’t Ask, Don’t Tell’ Approach to Child Safety

    August 21, 2026

    Expert Witness Caught Red-Handed Using ChatGPT to Create Report for 3M Explosion Lawsuit

    August 21, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»World»Brazil OKs Deal to Buy Electricity from Blackout-Plagued Socialist Venezuela
World

Brazil OKs Deal to Buy Electricity from Blackout-Plagued Socialist Venezuela

August 10, 2023No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

CARACAS, Venezuela — Brazilian radical leftist President Luiz Inácio Lula da Silva signed a decree over the weekend that authorizes the purchase of electricity from neighboring Venezuela, a nation plagued with daily blackouts as a result of years of gross socialist mismanagement.

The electricity that Lula’s administration wants to purchase from the Nicolás Maduro regime will supply Roraima, a northern state that neighbors Venezuela. Due to geographical difficulties, Roraima is the only Brazilian state not connected to the country’s national power grid. As a result, it must rely on diesel-powered plants for its electricity.

Brazil had been paying Venezuela to directly provide Roraima with electricity since 2001 after Lula signed an agreement with late socialist dictator Hugo Chávez. The service was interrupted in 2019 during the administration of former President Jair Bolsonaro after he decided to cut diplomatic relations with the socialist Maduro regime.

As part of the agreement signed between Lula and Chávez, Roraima received power through a direct connection with Venezuela’s Simón Bolívar Hydroelectric Plant — more commonly known as the “Guri Dam” — the nation’s now ailing main power plant built in 1978.

During the official signing of the decree, Lula reiterated that he will “rebuild” the public policies implemented during his first two terms (2003-2010) and during the administration of his protege, Dilma Rousseff (2011-2016), which had been “abandoned” by former presidents Michel Temer and Jair Bolsonaro.

In May, socialist dictator Nicolás Maduro offered Lula a deal to provide electricity to Brazil after both held an official meeting in Brasilia, noting that a $5 million investment was required to reconnect Roraima with Venezuela’s Guri plant. He did not suggest that Venezuela would make that investment.

See also  China-Boeing Deal Begins with 200 Planes, Potential for 550 More

“Venezuela is prepared to rebuild electric cooperation with the state of Roraima, Boa Vista, and the entire border population,” Maduro said on Monday. “We have an offer of 120 megawatts ready, what it merits is a basic investment of about four or five million dollars in function of rebuilding the transmission lines.”

Brazilian President Luiz Inacio Lula da Silva bids farewell to Venezuelan President Nicolas Maduro after a luncheon at the Itamaraty Palace in Brasilia, Brazil, May 29, 2023. (Photo by Mateus Bonomi/Anadolu Agency via Getty Images)

“That line of Guri has to be put into operation because there is no justification for Roraima to be the only state outside the Brazilian energy matrix, working on the basis of thermoelectric power, much more expensive, very polluting,” Lula said in May during a joint press conference with Maduro.

According to unnamed alleged official sources cited by the Spanish news agency EFE, the subject will be discussed next week, when Maduro will travel to the city of Belém to participate in a summit of presidents of Amazonian countries organized by Lula.

Venezuela, after more than two decades of socialist mismanagement, has been left with a constantly failing power grid unable to consistently provide power to all of Venezuela’s territory. As a result, Venezuelan citizens have endured more than a decade of constant, near-daily blackouts that on average last six hours or more. Some of the most affected states have faced blackouts since 2009 when Venezuela began to experience the first symptoms of socialist collapse.

In 2010, Hugo Chávez responded to the nascent electrical problems by implementing a series of rolling blackouts, describing the measure as a response to an “electrical emergency” allegedly caused by a drought that affected Guri’s power generation. In reality, according to experts, the deficiency in Guri’s power output is caused by the lack of investment in maintaining and modernizing Venezuela’s power grid.

See also  This Decongestant In Popular Cold Medicines Doesn’t Work, FDA Panel Says

The Venezuelan socialist regime has taken no meaningful action to resolve the issue in over a decade and the rolling blackouts have worsened since 2016.

The Guri power plant, which would provide Brazil with power under the proposed agreement, suffered a catastrophic collapse in March 2019 that left the country without power for almost an entire week. A second series of nationwide blackouts occurred shortly thereafter that month.

The Maduro regime blamed the collapse of the critical power plant on an alleged “cyber attack” orchestrated by the United States and directed by U.S. Sen. Marco Rubio (R-FL).

The Venezuelan Committee of People Affected by Blackouts, a civil organization, announced in June that electrical failures had increased throughout 2023, going from 3,296 registered incidents in January to 10,013 in May.

Caracas, as Venezuela’s capital city and the socialist regime’s seat of power, has been largely kept exempt from experiencing the sheer blunt effect of Venezuela’s collapsing power grid — even so, lengthy blackouts that affect the capital city have become more common in recent months.

Brazil’s Energy Minister Alexandre Silveira told the local TV channel GloboNews that stopping energy purchases from socialist Venezuela was an “ideological decision” by Bolsonaro.

“A decision opposed to the public interest [to stop] buying this energy from Guri and [start] buying energy from three plants: two gas and one oil, putting more than 40 trucks a day on [Brazilian Highway] BR-174 taking diesel oil to the plant,” Silveira said on Friday.

Silveira explained that the new decree allows not only for the purchase of power from Venezuela but also determines the establishment of national policies for “electro-energy integration with other countries” and opens a path for possible connections with Argentina and Uruguay, which the Minister claims will be the starting point “for South American electricity interconnection.”

See also  China's Electric Car Maker BYD Moves into Former Ford Plant in Brazil

Christian K. Caruzo is a Venezuelan writer and documents life under socialism. You can follow him on Twitter here.

BlackoutPlagued Brazil buy Deal Electricity OKs Socialist Venezuela
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

U.S. Academic Who Exposed Alleged Jason Arday Plagiarism Suspended

August 22, 2026

Hayden Panettiere’s Ex Releases Statement Following Her Death

August 22, 2026

Many Democratic Socialist Candidates ‘Want to Take Out the Entire Constitutional System’, Like Communism

August 22, 2026

Kim Jong-un’s Sister Mocks South Korea, Confirms Brother’s Relationship with Trump Is ‘Excellent’

August 22, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Iran Claims to Have Killed U.S. Troops to ‘Liberate the Islamic Land of Jordan’

August 1, 2026

Trump Demands The Rest Of The World Reimburse Him For His Iran War

July 14, 2026

Electric shock ban, nursing strike, male loneliness: Morning Rounds

July 10, 2026

Boots Riley on I’m a Virgo, Writers Strike, Amazon and Communism

June 23, 2023
Don't Miss

I’m 44 with $1.3 million in my 401(k) — can I stop contributing and still retire in 15 years?

Finance August 22, 2026

Quick Read At 7% annual growth, $1.3 million compounds to roughly $3.59 million in 15…

“You Are 1% of This Nation…This City Is No Longer Under American Law…Enough is Enough!” – Christian Pastor Absolutely EXPLODES on Dearborn City Council During Meeting (VIDEO)

August 22, 2026

DSA Candidates Repeatedly Can’t Give ‘Basic Facts’ About How Their Beliefs Work

August 22, 2026

U.S. Academic Who Exposed Alleged Jason Arday Plagiarism Suspended

August 22, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (6,409)
  • Finance (4,690)
  • Health (2,775)
  • Lifestyle (1,921)
  • Politics (4,323)
  • Sports (5,124)
  • Tech (2,543)
  • Uncategorized (4)
  • World (6,540)
Our Picks

Once the Prince of Tennis and a Prison Inmate, Boris Becker Starts Again

April 7, 2023

Biden to Meet Netanyahu at Low-status UN Sideline; White House Visit Uncertain

September 4, 2023

Decoupling From Communist China ‘An Illusion’

August 2, 2023
Popular Posts

I’m 44 with $1.3 million in my 401(k) — can I stop contributing and still retire in 15 years?

August 22, 2026

“You Are 1% of This Nation…This City Is No Longer Under American Law…Enough is Enough!” – Christian Pastor Absolutely EXPLODES on Dearborn City Council During Meeting (VIDEO)

August 22, 2026

DSA Candidates Repeatedly Can’t Give ‘Basic Facts’ About How Their Beliefs Work

August 22, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.