The U.N. children's agency UNICEF said it was seeing clear signs of a growing malnutrition crisis in Venezuela, but it lacked data to give precise information and to tackle the problem effectively.
French President Emmanuel Macron called for further European Union sanctions on Venezuela, days after the 28-nation bloc agreed a travel ban and asset freezes on seven senior Venezuelan officials. The West accuses President Nicholas Maduro's government of violating democracy and human rights in the oil-producing nation, which is in the grip of a major economic and social crisis with millions suffering food and medicine shortages.
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.
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.
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.”