Tag: Nicolas Maduro

Nicolas Maduro
Tuesday, May 3rd 2016 - 06:00 UTC

Venezuela's explosive situation makes Pope Francis send a “personal letter” to Maduro

“I can say that the Pope did write a personal letter to President Maduro concerning the situation in the country” said papal spokesperson Lombardi

Pope Francis has sent a “personal letter” to Venezuelan President Nicolás Maduro in which he addresses his concern over the “seriousness” of “the county’s situation”, revealed papal spokesman Federico Lombardi confirmed to journalists this weekend.

Monday, May 2nd 2016 - 05:56 UTC

Maduro announces 30% increase in the minimum wage

The new minimum is equivalent to US$ 1.500 at the official exchange rate, but around US$ 50 at the current black market rate

Venezuela's president Nicolas Maduro has ordered a 30% increase in the minimum wage, the latest move by the socialist government to grapple with high inflation and economic stagnation.

Friday, April 29th 2016 - 07:10 UTC

“The maker of presidents” (including Lula, Dilma and Chavez) formally charged with corruption

Santana, who was arrested in February, is accused of receiving bribes from the Odebrecht group in a scheme to divert funds from Petrobras

Brazilian prosecutors charged political strategist Joao Santana, the architect of President Dilma Rousseff’s 2010 and 2014 election victories, and 16 others with corruption on Thursday as part of a massive graft investigation.

Thursday, April 28th 2016 - 07:34 UTC

Maduro blames the “crazy right” for riots sparked by daily several/hours blackouts

“The crazy right wing doesn't understand that in hard times, a family has to band together,” Maduro blasted. “They're trying to create a violent situation.”

Venezuelan cities cleaned up from a night of looting and fiery protests on Wednesday as government offices closed their doors for the rest of the week in the face of a worsening energy crisis that is causing daily blackouts. In Caracas, hundreds of angry voters lined up to sign a petition beginning the process of recalling the deeply unpopular President Nicolas Maduro.

Tuesday, March 29th 2016 - 06:57 UTC

Argentina pulling out of Venezuela's sponsored Telesur TV network

Argentina is leaving because it was shut out of financial and editorial decisions, Communications Minister  Lombardi said.

Argentina's government is pulling out from its involvement in the Spanish-language TV network that was started by the late Venezuelan leader Hugo Chavez, saying the broadcaster blocks alternative viewpoints.

Saturday, March 19th 2016 - 09:13 UTC

Brazilian situation shows division among Unasur members

Uruguay is promoting a declaration demanding 'respect for the mandate and government of president Dilma Rousseff', said foreign minister Rodolfo Nin Novoa.

Unasur, the Union of South American Nations is divided on how to address the Brazilian situation: while Uruguay, Venezuela, Ecuador and Bolivia have agreed on a strong statement in support of president Dilma Rousseff, Argentina expressed 'institutional support' and Chile abstained.

Thursday, March 10th 2016 - 05:40 UTC

American Airlines axes Caracas New-York until market conditions improve

In January the Forth Worth-based company wrote off $592 million, stuck in Venezuela due to the government's failure to exchange it for hard currency.

American Airlines said this week it will ax its Caracas to New York route on April 4 due to low demand just over three months after reinstating it. The surprise move comes amid a years-long battle between American Airlines Group and the Venezuelan government in which the world's largest airline says it has not been able to repatriate revenue.

Wednesday, March 2nd 2016 - 08:35 UTC

My plan for Venezuela

The people of Venezuela want this change to be peaceful and swift. The harder and more important question is: what comes next?, says Lopez

By Leopoldo López (*) - Two years ago I was imprisoned for calling for a constitutional, democratic and peaceful change in the Venezuelan government. Our plan was called La Salida, “the exit.”

Wednesday, January 27th 2016 - 06:42 UTC

Parlasur could invite Falklanders', but first Macri must cracks the “chavista axis”

The initiative is from Alberto Asseff a member of Parlasur who responds to Sergio Massa, and considers himself a Falklands' expert

The Argentine representation in the Mercosur parliament, Parlasur, is considering inviting a group of 'kelpers' Falklands/Malvinas lawmakers, 'to listen to their needs and promote cooperation, but in the framework of Argentina's unrenounceable sovereignty claim over the Islands'.

Monday, January 25th 2016 - 10:01 UTC

IMF estimates 2016 Venezuela inflation at 720% and 8% economy contraction

“A lack of hard currency has led to scarcity of intermediate goods and to widespread shortages of essential goods exacting a tragic toll,” Werner said.

Venezuela’s consumer inflation, already the world’s highest, will more than double this year surging to 720% in 2016 from 275% last year, according to a note published by the IMF’s Western Hemisphere Director, Alejandro Werner.

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