Nicolas Maduro's Venezuela has been suspended from the Mercosur regional trade bloc for failing to meet its membership requirements, a Brazilian government source revealed Thursday. And the official announcement is to be made Friday, which could not be corroborated in Buenos Aires' diplomatic circles.3 comments
As the Organization of Petroleum Exporting Countries (OPEC) has reached a deal among all 14 members to cut oil production for the first time since 2008, Russia's Energy Minister Alexander Novak said his country was ready to do its part by reducing 300,000 barrels per day in the first half of 2017, provided OPEC adheres to the level of 32.5 mln barrels daily adjusted for Indonesia and on condition of maximum reciprocity from other non-OPEC countries. Russia is not an OPEC member.Add your comment!
Putin's victories are our victories, Venezuelan President Nicolas Maduro told Russia's State Duma Speaker Vyacheslav Volodin on Tuesday during funerary ceremonies in Havana to mark the passing away of former Cuban leader Fidel Castro.7 comments
Leaders of the Venezuelan opposition have blamed President Nicolas Maduro's regime of causing the Bolivar to devalue to unprecedented levels against the U.S. dollar. According to data provided by the currency tracking website DolarToday, the Venezuelan Bolivar fell this week to an all-time low against the U.S. dollar in the black market.1 comment
Venezuelan President Nicolás Maduro said on Sunday he hopes to maintain dialogue with the opposition in 2017 and 2018, although his opponents insist on calling for elections as soon as possible to seek a change of government.1 comment
The presidency of the Southern Common Market (Mercosur) in supposedly in the hands of Venezuela, who is said to have been suspended from full membership for failing to comply with the bloc's statutes.Add your comment!
Venezuelan President Nicolás Maduro said Tuesday that no one will be able to remove his country from the Southern Common Market (Mercosur), although the bloc's founders are considering a suspension for failure to fulfill commitments as an Associate State.
Venezuela will continue as member of Mercosur but with no right to vote, since it has not fully incorporated all the group's rules and regulations as had been agreed, revealed Uruguay's foreign minister Rodolfo Nin Novoa on Friday in Montevideo.
Venezuelan opposition leader Rosmit Mantilla was released from jail late Thursday evening by the government of Nicolás Maduro. Mantilla was finally allowed to undergo surgery on November 13 and is believed to be one of the first political prisoners to be set free in the coming days.
At the request of Attorney General Reinaldo Muñoz submitted last week, claiming that the legislative branch was violating the National Constitution by pronouncing the president politically responsible for his actions. The Venezuelan Supreme Court on Tuesday ordered the National Assembly to drop its intentions to move forward with the impeachment of President Nicolás Maduro because it would be unconstitutional.