An international arbitration court has ordered Venezuela’s oil company PDVSA to pay ConocoPhillips US$ 2.04 billion for early dissolution of two joint ventures for producing oil in the OPEC-member country, the U.S. firm said.
“Ortega and Somoza are the same thing” protesters in Nicaragua yelled last week against the government of Daniel Ortega, after the announcement of a Social Security's reform that unleashed a wave of protests marked by repression and excessive use of force by the authorities. Human rights organizations have announced that at least 30 people have died in the demonstrations, including students, police and a journalist. This surprise wave of civil protests suggests comparing the crisis in the Central American country with the lived in the Venezuela of Hugo Chávez and Nicolás Maduro for years.
The Organization of American States Secretary General Luis Almagro has sent a message to the Venezuelan people that are experiencing an involuntary exodus, forced upon them by the growing economic and institutional degradation of the country. By the end of this year it is estimated that over 10% of the Venezuela population will have left the country.
The governor of Brazil’s northern state of Roraima on Friday asked the Supreme Federal Tribunal for permission to temporarily close the only land border crossing with neighboring Venezuela to halt the massive and disorderly arrival of refugees. But Brazil’s President Michel Temer, attending the Summit of the Americas in Lima, said closing the border was “unthinkable.”
Peruvian President Martin Vizcarra opened on Friday a subdued Summit of the Americas decrying widespread corruption and urging regional leaders to join forces in increasing transparency and boosting civil society. Addressing Western Hemisphere leaders in an auditorium where a number of seats were left notably empty, Peru's new president said that rather than accept corruption as a deep-seated scourge impossible to eliminate, governments should adopt concrete measures that prevent it from ever taking place.
Venezuelan photographer Ronaldo Schemidt received on Thursday the World Press Photo of the year in Amsterdam, one of the most prestigious in photojournalism, for a photograph shot in May 2017 during the protests in Venezuela while working for Agence France-Presse (AFP) . In the photograph a protester appears in flames, in front of a graffiti in which a weapon appears shooting at the word peace.
Venezuelan president Nicolas Maduro along with more than 50 Venezuelan nationals are considered high risk for laundering money and financing terrorism, according to an advisory issued by Panama's economy and finance ministry.
Venezuela is seeking a “practical and satisfying” solution to its border dispute with Guyana even as the Caribbean Community (CARICOM) country has already filed its application to the International Court of Justice (ICJ) in the Hague on the matter.
Venezuela's shortage of food and medicines reached the Catholic religious field when a donation of wafers from the Church of Colombia became necessary for the current Easter week.
68 inmates lost their lives and more than 30 were injured during a riot and a fire that occurred in an overpopulated police prison in Valencia, in central Venezuela.