An operation started at dawn on Monday in El Junquito, Caracas left 2 police and an undetermined number of dead rebels, the government announced. From his social networks, Oscar Perez, bloody and with detonations in the background, repeatedly reported on video that although he and his team had already surrendered, they did not stop receiving shots, missiles and grenades in the house where they were hiding.1 comment
It was midnight last january 10 when approx 30 venezuelans climbed a little traditional fisher ship after the order of a smuggler and left for the island of Curaçao, about 100 kilometers from where they sailed. After 3 months of planning and 7 hours of crossing over a rough sea, a large wave hits the small boat just few meters from the coast, tearing it to pieces, reported one of the survivors while waiting to be deported back to Venezuela after being rescued and detained by the Dutch authorities.Add your comment!
The main coalition of opposition parties, Democratic Unity Table (MUD), made this Friday a self-critical statement on its balance of 2017 in which it admits not having reacted efficiently to the people suffering, in addition to not having been able to accompany the people who have protested these days for lack of food and other items
It is paradoxical how a country with the largest oil reserves in the world has a shortage of gasoline. Of course, Venezuela does not produce gasoline as such, but sells crude oil and imports gasoline, so with the sanctions imposed by various nations and the very crisis that PDVSA (State Company) suffers - which according to the unions works approximately 13% of its capacity- complicate the problem.
Venezuela's economy shrank a massive 16.5% in 2016, according to an official government filing to the US Securities and Exchange Commission (SEC). The oil-rich but impoverished country attributed the collapse to a contraction of 9.9% in the oil sector and 16.1% in the non-oil economy.
Brazil’s Finance Minister Guido Mantega admitted Monday that if the international crisis in the EU and US markets persists, Brazil would have to lower its growth estimate.
A government debt crisis that has engulfed the Euro-zone should serve as a “wake-up call” for European governments to keep a more watchful eye on their budgets, the International Monetary Fund (IMF) said Wednesday.
China’s trade surplus widened to the highest this year and exports climbed more than estimated to a record in June, adding pressure on the government to let the currency gain after the U.S. said the Yuan “remains undervalued.”
The European debt crisis is a key risk to the UK's banking sector and banks should build up their cash reserves in response, the Bank of England has warned. In its latest financial stability report, the central bank welcomed recent measures taken by the EU to stem the crisis.
World stock markets plunge Friday and the Euro hit an 18-month low against the dollar, on growing fears that the austerity packages unveiled across Europe could tip the continent back into recession and stifle global economic recovery.