Venezuelan President Nicolas Maduro declared victory in municipal elections as his ruling Socialists won a majority of votes nationwide on Sunday, even though they lost to the opposition in five key cities. He also pledged to deepen his economic offensive to force businesses to cut prices, which was a turning point in his campaign.
Venezuelan President Nicolas Maduro says that winning Sunday's municipal elections is essential for continuing the country's socialist revolution and honoring the legacy of the late Hugo Chavez. For opposition leader Henrique Capriles Radonski, the vote is seen as a referendum on Maduro's economic policies, which he says are destroying the country.
A huge power outage that darkened Venezuela's capital and parts of the country was a conspiracy to sabotage the Socialist government, according to Venezuela's President Nicholas Maduro. The blackout came five days ahead of Sunday's municipal elections.
Venezuela is evaluating a swap agreement involving gold reserves as a way to fortify dollar supplies in a country which suffers chronic product shortages and inflation close to 55%. Opposition leader Henrique Capriles said last week that the government was negotiating a swap operation with Goldman Sachs involving 1.45 million ounces of gold worth around 1.86 billion dollars.
President Nicolás Maduro has sent clear messages to the Venezuelan central bank arguing that following the 'economic war' he declared on big business and hoarding with the mandatory cuts in prices, November should register 5% deflation and not inflation.
No end to Venezuelan president Nicolas Maduro oral bloopers. In campaign for the municipal elections of 8 December and in the midst of an economic war on big business of which it accuses of promoting inflation and destabilizing his government, a self confession or sincericide (a blend of sincerity and suicide) became the delight of social networks ant twitters.
Tens of thousands of opposition supporters marched in Venezuela on Saturday to pressure President Nicolás Maduro’s government before December 8 local elections after their leader denounced the pre-dawn arrest of an aide.
President John F Kennedy was murdered by a CIA conspiracy including groups linked to the anti-Castro and Sicilian mafias because he was 'weak' with Cuba, claimed Venezuelan president Nicolas Maduro who remembered events of 50 years ago in Dallas.
Venezuela's legislature gave initial backing this week to a measure granting extraordinary powers over the economy to President Nicolas Maduro, which means next Tuesday, when the second vote, he will be able to govern by decree without having to seek parliamentary approval.
Guyana's Minister of Foreign Affairs Carolyn Rodrigues-Birkett termed illegal and spurious Venezuela's claim over Essequibo, which is equivalent to a third of the former British colony territory.