Tag: Nicolas Maduro

• Friday, February 23rd 2018 - 00:12 UTC

  Venezuelan opposition to Boycott: won't contest on presidential elections

  

  The Venezuelan democratic opposition, represented by the Democratic Unity, announced that it will not be presented to the elections convened by the government of Nicolás Maduro for next April 22 and calls for a national boycott as it is considered a fraudulent process and without guarantees.

• Wednesday, February 21st 2018 - 01:26 UTC

  Petro, the Venezuelan cryptocurrency is online

  

  The pre-sale of Petro began early on Tuesday, the cryptocurrency proposed by the Venezuelan government in recent weeks and backed by the country's natural resources. According to experts, it is “ridiculous”, arguing that the creation of a new currency would aggravate the economic crisis in the Caribbean country.

• Monday, February 19th 2018 - 09:14 UTC

  Venezuela launches its “Petro” crypto-currency, backed with oil, on Tuesday

  

  Venezuela’s “Petro” crypto-currency will attract investments from Turkey, Qatar, the U.S., and Europe, the country’s crypto-currency regulator, Carlos Vargas, told reporters. The Petro will be offered for sale this Tuesday, February 20th, and comes as Venezuela is suffering from quadruple-digit inflation and chronic shortages of food and medicine.

• Thursday, February 15th 2018 - 23:25 UTC

  Maduro announces that he will attend the Summit of the Americas despite not being welcome

  

  Venezuela's president, Nicolas Maduro, announced that he will attend the Summit of the Americas “at all costs” to bring “the truth of the country” at a press conference at the presidential palace in Caracas despite the Peruvian government reported that his presence would not be welcome in the Andean country.

• Wednesday, February 14th 2018 - 09:36 UTC

  Five ex PDVSA officials on trial in Houston for US$ 1 billion graft probe

  

  U.S. prosecutors announced charges against five former Venezuelan officials accused of soliciting bribes in exchange for helping vendors win favorable treatment from state oil company PDVSA, the latest case to stem from a US$1 billion graft probe.

• Wednesday, February 14th 2018 - 09:28 UTC

  “Lima Group” blasts Maduro's call for elections without an agreement with the opposition

  

  The “Lima Group” of Latin American nations plus Canada on Tuesday criticized the Venezuelan government’s decision to hold a presidential election on April 22 without reaching an agreement with an opposition coalition.

• Monday, February 12th 2018 - 16:01 UTC

  Temer talks of “diplomatic confrontation” with Maduro over exodus of Venezuelans

  

  Brazilian President Michel Temer criticized the government of neighboring Venezuela for leading that country into a crisis that is causing an exodus of refugees into northern Brazil. Brasilia has called for democratic reforms by Venezuelan President Nicolas Maduro, who has consolidated power as his country’s economic crisis deepens with shortages of food and medicine.

• Saturday, February 10th 2018 - 09:26 UTC

  New British ambassador presents Letter or Credentials to President Maduro

  

  The British Ambassador to Venezuela, Andrew Soper, presented his Letter of Credentials to President Nicolás Maduro during a ceremony at the Miraflores Presidential Palace in Caracas.

• Friday, February 9th 2018 - 10:12 UTC

  Colombia and Brazil tighten controls along Venezuelan border: thousands pouring in

  

  Colombia and Brazil tightened border controls with Venezuela on Thursday as both nations grapple with a mounting influx of hundreds of thousands of desperate migrants fleeing a worsening economic crisis In a visit to the border region, Colombian President Juan Manuel Santos said he would impose stricter migratory controls, suspend new daily entry cards for Venezuelans and deploy 3,000 new security personnel along the frontier, including 2,120 more soldiers.

• Thursday, February 8th 2018 - 11:24 UTC

  Venezuelan presidential elections for April 22

  

  Venezuela's questioned electoral council has set April 22 as the date for a controversial presidential election, which was supposed to occur late 2018. The opposition accuses President Nicolas Maduro of using to plan a second term for himself.