Saturday, September 30, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Special Pages
    • Pets
    • Tech
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • On the Road
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Cravings
    • Environment & Sustainability
    • Agriculture
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
    • Gallery
      • Photos
      • Videos
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Special Pages
    • Pets
    • Tech
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • On the Road
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Cravings
    • Environment & Sustainability
    • Agriculture
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
    • Gallery
      • Photos
      • Videos
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home News World News

Rich enjoy sushi amid chaos

AFPbyAFP
June 19, 2017, 6:10 pm
in World News
Reading Time: 3 mins read
A A
Share on FacebookShare on TwitterShare on Email

CARACAS”•While most Venezuelans struggle to buy food and make ends meet, a small group still manages to eat sushi and sip cocktails in exclusive discos and country clubs.

The country may be stricken by poverty and political violence, but a rich minority acts like they are untouched by the crisis.

Case in point: Caracas, one of the world’s most violent cities, is the first in South America to open a branch of the trendy Buddha Bar international nightclub chain.

In a country where basics such as flour and sugar are in short supply, Buddha Bar guests can order tuna steak, pork ribs or fish tacos”•as long as they have dollars to pay.

“You can have as good a time here in Caracas as in New York, Dubai or Saint Petersburg,” says one of its owners, Cristhian Estephan.

Eight pieces of salmon and shrimp sushi here cost 55,700 bolivars, or the equivalent of more than a quarter of the country’s official monthly minimum wage.

Scenes of flames, tear gas and water cannons in the streets have dominated foreign coverage of Venezuela during recent months.

While the mass protests against President Nicolas Maduro show that Venezuelans’ anger at their hardship is boiling over, the well-off are still managing to have fun.

Behind tightly guarded and fortified walls, posh bars and eateries are full. The Buddha Bar opened in 2015, when the economic crisis was already well underway.

One customer, Ahisquel, says she joins in the protests herself but still comes to the bar once a week with her husband, an oil executive. Like most customers interviewed, she declined to give her full name.

“By day we throw stones and by night we come here,” she says.

“After the protests it is good to have a moment to relax — though we’ll never relax until this government is gone.”

Even rich Venezuelans are affected by the country’s soaring inflation rate. But protected by their US dollars, they are better off than most.

For ordinary Venezuelans, “it’s very difficult,” says Ahisquel’s husband.

“In this country, if you are not paid in foreign currency, it is impossible to live.”

Many rich Venezuelans have left the country for Miami, Los Angeles or Madrid since Maduro’s predecessor Hugo Chavez launched his socialist “revolution.”

But some of them like Lorenzo Mendoza”•Venezuela’s richest man and the owner of Polar, the country’s largest food company”•are content to stay.

Some are known as “boli-bourgeois,” champagne socialists who grew rich from Chavez’s “Bolivarian revolution.”

“We run when we see the boli-bourgeois. We can spot them a mile off,” says Carlos, a 49-year-old lawyer, sitting beside the tree-lined swimming pool near the golf course of the Caracas Country Club in the north of the capital.

The rise of the Chavistas changed life for traditional rich families like his.

“Everything is really expensive and only they can afford to live around here.”

New money talks in a country where Maduro is striving to continue Chavez’s “revolution.”

Venezuela’s economy logged strong growth before prices for its crucial oil exports started a downward spiral in mid-2014. 

“Wealth in Venezuela is generated by state revenues that depend on the oil sector,” says Colette Capriles, a sociologist at Simon Bolivar University.

“The state redistributes that revenue. The Chavez government used it with preference for those who needed it most,” with social welfare spending, she says.

But it also offered an opportunity for those close to power to line their pockets.

“This form of socialism has produced some very powerful millionaires,” says Capriles.

“Most of them are government officials or people close to them — and currently they are one of the main things holding up the government.”

The streets of Caracas are empty after nightfall. Locals are too scared to go out for fear of being robbed or killed.

Venezuela has one of the highest annual murder rates in the world: 70 for every 100,000 people last year, according to UN data.

But out of sight in the bars and restaurants, some are still having a good time.

“The upper classes have not stopped going out,” says Estephan.

“Even in the worst of times, people meet, get married, eat. The show must go on.” 

Tags: crisisFoodPovertysushiVenezuelaVenezuelans
ADVERTISEMENT
AFP

AFP

Related Posts

Trump, in campaign mode, backs off abortion

byAFP
September 29, 2023, 7:50 pm
0
8

Washington, DC—Donald Trump never misses a chance to remind voters that he was the one to appoint three justices to...

Read more

China’s gateway to North Korea waits for border opening

byAFP
September 29, 2023, 7:45 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Dandong,  China—Stranded North Korean workers and merchants who rely on cross-border trade see scant signs that the frontier with China...

Read more

Ex-Prigozhin aide to oversee Ukraine volunteer fighters, says Kremlin

byAFP
September 29, 2023, 7:40 pm
0
8
Karabakh separatists to disband after surrender to Azerbaijan

Moscow—Russian President Vladimir Putin has tasked a former aide of late Wagner chief Yevgeny Prigozhin to oversee volunteer fighter units...

Read more

Hong Kong police boost surveillance to ‘tame’ activists

byAFP
September 29, 2023, 7:35 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Hong Kong—Hong Kong unionist Joe Wong had applied for permission to hold a Labor Day march, but canceled his request...

Read more

Yangoon junta angry at Beijing over crime megahit ‘tarnishing’

byAFP
September 29, 2023, 7:30 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Yangoon—Myanmar’s junta has lashed out at close ally China over a blockbuster film on human trafficking and scam compounds that...

Read more

Karabakh separatists to disband after surrender to Azerbaijan

byAFP
September 29, 2023, 7:25 pm
0
8
Southwoods nails Seniors’ Fil golf crown

Yerevan,  Armenia—The toll from an explosion at a fuel depot in Nagorno-Karabakh that was thronged with Armenians fleeing an Azerbaijani...

Read more

Print Edition

View More

Recent Posts

  • EVAP president promises electrifying lineup at EV Summit 2023
  • A new addition to the tradition
  • Zambales lauds top-performing municipal councils
  • DILG, Zambales LGU finalize Municipal Water Supply, Sanitation Master Plans
  • Zambales cities undergo SGLG National Validation
  • Commission on Population honors Omaya Population Worker
  • San Marcelino BSKE candidates join Unity Walk, Peace Covenant Signing
  • Breakaway riders: All-Filipino crew of 7-Eleven-CIiqq-Air21 makes mark in Langkawi Tour

Advertisement

Latest News

Commission on Population honors Omaya Population Worker

byManila Standard
September 30, 2023, 9:10 pm
0
8
San Marcelino BSKE candidates join Unity Walk, Peace Covenant Signing

Revilla Angelo, Barangay Population Worker (BPW) of Barangay Omaya, won first place at the Commission on Population’s Rafael M. Salas...

Read more

San Marcelino BSKE candidates join Unity Walk, Peace Covenant Signing

byManila Standard
September 30, 2023, 9:00 pm
0
8
San Marcelino BSKE candidates join Unity Walk, Peace Covenant Signing

The candidates for the Barangay and SK elections in San Marcelino came together today, September 25, 2023, to join in...

Read more

Breakaway riders: All-Filipino crew of 7-Eleven-CIiqq-Air21 makes mark in Langkawi Tour

byManila Standard Sports
September 30, 2023, 8:50 pm
0
8
Alibaba Cloud’s power tools make Asian Games green, inclusive

They may be going home without a trophy, but the All-Filipino riders of the 7-Eleven-Ciqq-Air21-RoadbikePhilippines made their mark in the...

Read more

Next-generation Hortalezas sustain business expansion

byAlena Mae S. Flores
September 30, 2023, 8:50 pm
0
8
P&A Foundation, accounting industry groups set the stage for the 25th SOASP

Brothers Alfonso Iñigo and Alexone Rolando, sons of Dr. Rolando Hortaleza, are now at the helm of Hortaleza Corp.’s financial...

Read more

MPL-KH Autumn Split 2023 playoffs set at bigger venue

byManila Standard Sports
September 30, 2023, 8:45 pm
0
8
Alibaba Cloud’s power tools make Asian Games green, inclusive

MPL Cambodia Autumn Split 2023 moves to AEON Mall 2 Sen Sok City for its playoffs scheduled from 5-8 October...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
    • Young Life
  • Pets
  • Tech
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Cravings
  • Environment & Sustainability
  • Agriculture
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Gallery
    • Photos
    • Videos
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App