The Organization of American States (OAS) on Tuesday passed a resolution to call an extraordinary assembly to vote on suspending Venezuela from the 34-member group after President Nicolas Maduro’s widely condemned re-election last month.
Venezuela’s foreign minister blamed the United States for his country’s spiraling debt crisis, saying Washington’s “permanent attack” had left the economy crippled. Jorge Arreaza lashed out at Donald Trump, US and European sanctions, and American interference in Venezuela’s internal affairs at the Venezuelan embassy in Beijing during a three-day official visit.
British Minister Sir Alan Duncan expressed his concern at the deteriorating situation in Venezuela during a meeting in London on Wednesday with Venezuelan foreign minister Jorge Arreaza in London. Sir Duncan said that together with Europeans partners, they are closely watching the management of the 15 October Venezuelan State Governors’ elections closely.
Venezuela's President Nicolás Maduro has said that a preliminary analysis shows that new financial sanctions imposed by the United States will lead to a halt in oil exports to the US. President Trump's order bans trade in Venezuelan debt and blocks its state oil firm from selling bonds in the US.
Venezuela’s vice-president Jorge Arreaza recently heard directly from CARICOM chairman, Barbados’ Prime Minister Freundel Stuart, that the regional grouping is backing Guyana in the territorial dispute between the two South American neighbors. Stuart met last Friday with Arreaza who was visiting the island as part of a regional tour to discuss Venezuela’s territorial and maritime claims in the region.
Venezuela says it will cut the working day for public sector workers to five-and-a-half hours to conserve energy, down from eight to nine hours. The initiative is part of a nationwide electricity rationing plan.
Venezuelan President Nicolas Maduro said Wednesday he had scrapped his plan to take part in the UN General Assembly in New York to protect my life after purported threats on it. Just back from a visit to China Maduro said that on a layover in Vancouver he received intelligence on what he said were two highly serious provocations, which prompted him to scrap his UN trip.
The Venezuela government has temporarily taken over a toilet paper factory in order to avoid a nationwide shortage. The decision was implemented by the National Guard which took control of the ‘Manufacturas de Papel’ plant and authorities will now oversee and monitor its production.
Venezuelan Vice-president Jorge Arreaza said that cooperation between China and Venezuela, which has been especially strong and beneficial in energy and technology, could be extended to include agriculture and land exploitation, an area of special interest for Beijing.
Vice-President Nicolas Maduro was sworn in Friday as acting president of Venezuela in a ceremony held in the National Assembly in Caracas, three days after the death of President Hugo Chavez. He immediately asked the Electoral branch to decide on an election date.