China has awarded Venezuela 5 billion dollars for unspecified “development plans,” President Nicolas Maduro said on Sunday, approximately three months after an official visit to China. According to published reports, the loan is part of a 10 billion deal to be completed in the following months.
Addressing the Americas summit in Panama, Argentine president Cristina Fernandez strongly criticized United States policies towards the hemisphere, particularly Venezuela, and expressed 'surprise' at the parallelism between the Caracas/Washington current dispute and the latest round of Falklands' exchanges between London and her government. President Barack Obama was not present during the Argentine leader's speech on Saturday.
Argentine President Cristina Fernandez is attending the VII Summit of the Americas in Panama City where she is expected on Saturday to strongly criticize the United Kingdom over the 'militarization' of the Falklands/Malvinas and revelations of massive espionage of Argentina by London.
Venezuela has placed a full page ad in The New York Times decrying what it charges are “tyrannical” attempts by the US government to undermine its socialist system. The ad declaring that “Venezuela is not a threat” comes amid mounting tensions between the two countries after President Nicolás Maduro this month accused Washington of plotting to oust him and ordered the US Embassy in Caracas to slash staffing levels.
Following a request from Venezuela, the Brazilian government has acted alongside Brazilian companies to guarantee supply of basic products during Venezuela's economic crisis, according to diplomatic sources. The request was made by President Nicolas Maduro in at least two meetings with President Dilma Rousseff, in December 2014 and the day after Rousseff began her second term, on January 2.
Venezuela's parliament has granted President Nicolas Maduro decree powers for the rest of 2015 in a move he says is to defend the country from US meddling but opponents decry as evidence of autocracy. In a noisy National Assembly session, ruling Socialist Party legislators, who have a majority, applauded the Enabling Law as a legitimate response to a US declaration that Venezuela is a security threat and sanctions on seven officials.
The Union of South American Nations (UNASUR) slammed the United States for its decision to label Venezuela as a security threat and impose sanctions against a number of its officials, calling on Washington to revoke the measure.
In an editorial piece, “A failing relationship with Venezuela”, The New York Times expressed doubts about the latest measures imposed by the Obama administration on seven top officials from the Venezuelan government and goes even further questioning whether they will not end actually reinforcing President Nicolas Maduro position.
Unasur (Union of South American Nations) presidents will meet next week to respond to the grotesque and illegal meddling of the United States in Venezuelan affairs announced Ecuadorean president Rafael Correa.
President Nicolas Maduro responded to new U.S. sanctions on Venezuelan officials by asking legislators Tuesday to give him expanded powers in the name of fighting imperialism. Government critics called it a power grab.