Venezuela

Venezuela
Wednesday, June 1st 2016 - 06:06 UTC

Maduro to Almagro: “stick up the Democratic Charter wherever it fits”

“Venezuela will be respected and nobody’s going to apply any charter of any kind – or whatever they want to call it – to Venezuela,” Maduro blasted.

Venezuelan President Nicolas Maduro said on Tuesday that Organization of American States chief Luis Almagro had called for foreign “intervention” in his country by invoking the body’s Democratic Charter in response to the political crisis in Venezuela.

Tuesday, May 31st 2016 - 20:21 UTC

OAS calls for emergency meeting to address Venezuela's “grave alterations of democratic order”

Luis Almagro said Venezuela had suffered “grave alterations of democratic order” and called for a vote on the matter in the coming weeks.

The head of the Organization Of American States on Tuesday called for an emergency meeting of regional governments to evaluate Venezuela's respect for democracy, a move that could lead to the country's suspension from the hemispheric body. Luis Almagro said Venezuela had suffered “grave alterations of democratic order” and called for a vote on the matter in the coming weeks.

Tuesday, May 31st 2016 - 06:40 UTC

Latam is suspending flights to Venezuela because of the government's mounting debts

In a statement, Latam airlines said it would suspend its operations to Caracas airport “temporarily and for an unspecified time”.

The largest airline in Latin America, Latam, (Lan Chile and Braizl's TAM) announced it is suspending its flights to Venezuela because of the worsening economic situation. The suspension came a day after Germany's Lufthansa said it would suspend its services to the country.

Monday, May 30th 2016 - 07:36 UTC

Venezuela's public sector will only work Mondays and Tuesdays for another two weeks

President Maduro's administration blames the power shortage on a drought caused by the El Niño weather phenomenon

Venezuela's government on Saturday extended by two weeks a decree reducing the public sector workweek to Mondays and Tuesdays in a bid to tackle the oil-rich country's electricity crisis. The enforced leave was first announced in late April, a drastic move for a government also grappling with an economic crisis that has Venezuelans queuing for hours to buy scarce supplies.

Friday, May 27th 2016 - 08:04 UTC

Paraguay requests meeting of Mercosur foreign ministers to address Venezuela situation

Foreign minister Eladio Loizaga said he had received precise instructions from president Horacio Cartes to ask for the Mercosur foreign ministers meeting.

Paraguay formally requested on Thursday a meeting of Mercosur foreign ministers to address the situation in Venezuela which is undergoing a critical political, social and economic scenario. The request was presented to Uruguay which currently holds the chair of the trade block made up of Argentina, Brazil, Paraguay, Uruguay and Venezuela.

Wednesday, May 25th 2016 - 06:18 UTC

Venezuela next Mercosur chair, but Uruguay will continue leading negotiations with EU

President Nicolas Maduro is accused of impeding a recall referendum which has the support of two thirds of Venezuelans, according to the latest opinion polls.

Venezuela, in the midst of a most serious domestic political and economic situation, and with less foreign allies is scheduled to take the chair of Mercosur as of next June for the following six months. However it has been agreed that Uruguay will continue leading Mercosur negotiations with the European Union for a much delayed wide ranging cooperation and trade agreement.

Tuesday, May 24th 2016 - 08:30 UTC

US tire maker leaves Venezuela after six decades in the country

Bridgestone says the sale will have no financial impact because it already has written off its investments in the crisis-wracked country.

United States tire maker Bridgestone is selling its business in Venezuela after six decades in the country, the latest blue chip company to abandon the country as a result of runaway inflation and strict currency controls. Bridgestone Americas said in a statement Monday that it is selling its Venezuela assets to Grupo Corimon, a local industrialist. It says the company will be called Alice Neumaticos de Venezuela.

Tuesday, May 24th 2016 - 08:18 UTC

Brazil and Argentina to work together to help find a solution to Venezuela

“We're on alert when it comes to Venezuela. Brazil and Argentina have an interest that includes mediation,” Brazilian Foreign Minister Jose Serra said

Brazil and Argentina will work together to help find a solution to Venezuela's political crisis, Brazil's acting foreign minister said on Monday. Venezuela is facing a severe economic crisis, with the world's highest inflation and shortages. Polls indicate most Venezuelans want President Nicolas Maduro out of office.

Saturday, May 21st 2016 - 08:26 UTC

Maduro admits to being mad as a hatter, but “crazy love” for Venezuela and the revolution

“Yes, I'm mad as a mad hatter, but mad with love for Venezuela, for the Bolivarian revolution, for Chavez and his example”, admitted Maduro

Venezuelan president Nicolás Maduro admitted he “was mad as a hatter”, but “mad with love” for Venezuela, the Bolivarian revolution and for the deceased leader Hugo Chavez, in a clear reference to previous statements, without mentioning him, of Uruguayan ex president Jose Mujica.

Saturday, May 21st 2016 - 08:07 UTC

Argentina, Chile and Uruguay appeal for an urgent political dialogue in Venezuela

Malcorra, Munoz and Nin Novoa call on the Venezuelan government, National Assembly and all political forces to sit and dialogue

Argentina, Chile and Uruguay in a joint statement released on Friday, called for political dialogue in Venezuela and offered to help with a “national reunion” of the political and social forces of the country. The appeal, with utmost respect for the principle of non interference in the internal affairs of Venezuela, was made extensive to the government, the National Assembly, under opposition control, and all political and social groups.

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