Venezuela has the largest proven oil reserves in the world. It was once so rich that Concorde used to fly from Caracas to Paris. But in the last three years its economy has collapsed. Hunger has gripped the nation for years. Now, it’s killing people and animals that are dying of starvation. The Venezuelan government knows, but won’t admit it!!! Four in five Venezuelans live in poverty. People queue for hours to buy food. Much of the time they go without. People are also dying from a lack of medicines. Inflation is at 82,766% and there are warnings it could exceed one million per cent by the end of this year. Venezuelans are trying to get out. The UN says 2.3 million people have fled the country - 7% of the population.

Tuesday, May 31, 2011

Dish Wooing New Customers by Giving Away Subscriptions to Blockbuster...

Incoming CEO Joe Clayton says acquisitions and other initiatives are in store as it steps up competition with Netflix.
Dish Network said Thursday its new customers will become subscribers to Blockbuster By Mail for three months free.
The initiative is an example of the synergies Dish had in mind when it purchased Blockbuster out of bankruptcy for $228 million last month.
Blockbuster By Mail is a subscription movie service that competes with Netflix.
Separately on Thursday, Joe Clayton, who will take over as CEO of Dish when Charlie Ergen steps down next month, told the Associated Press he's looking for more companies to acquire. He hinted at stepping up the competition against Netflix, especially in streaming.
"If I were them, I'd be watching what's going on," he told the AP. "I'd stay tuned. Because no one's going to have a monopoly on this and I'm sure it's not just our company that's looking at trying to take a small piece of the pie from Netflix."

Thank you Hollywood Reporter

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