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.

Friday, October 12, 2012

Netflix to Launch Streaming Service in Nordic Countries by Year's End...


Norway, Denmark, Sweden and Finland will follow the company's launch in Latin America in 2011 and the U.K. and Ireland earlier this year.

LONDON -- Netflix will launch its streaming video service in Norway, Denmark, Sweden and Finland before the end of the year.

Capital Research Reports 10.5 Percent Stake in Netflix

Netflix Shares Tumble as Subscriber Additions Underwhelm
The company said it would offer streaming of TV shows and movies for one monthly price late in 2012. "Further details about the service, including pricing, content and supported devices, will be announced closer to launch," it said.

About the content the service will offer, Netflix also said it will be "a wide array of Hollywood, local and global TV shows and movies, many with high-definition video and Dolby Digital Plus surround sound."

Amazon-owned video streaming provider LoveFilm, a big Netflix competitor in the U.K., is already a player in Scandinavia.

Netflix, led by CEO Reed Hastings, launched its streaming service in the U.S. in 2007 before adding Canada in 2010. It continued its rollout with a launch in Latin America in 2011 and the U.K. and Ireland in early 2012.

Some observers had predicted that Spain or the Nordic countries could be next for the company, which has cited the cost of international rollouts as a factor hurting its profitability

Thank you Hollywood Reporter


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