Indian drug companies could recoup some of the financial losses incurred as Venezuela struggles to make foreign-currency payments and the value of its currency plummets--by participating in a barter plan that would swap medicines for crude oil.
Uruguayan ex president Jose Mujica said on Wednesday that in Venezuela “everybody has gone nuts” and president Nicolas Maduro is “mad as a hatter”. The former leader was reacting to the controversy between his former foreign minister and now OAS secretary general, Luis Almagro and Maduro.
Venezuelan President Nicolas Maduro said on Wednesday he was prepared to escalate a state of emergency imposed this week after opposition-led protests in the capital and other cities. Maduro told supporters he would give the order - which implies suspending laws and rights to maintain public order - if “violent” anti-government acts occurred.
The Army must decide is they side with the Constitution or with Maduro, says Venezuelan opposition
The army in crisis-hit Venezuela has to choose whether it is with the constitution or with [President Nicolas] Maduro, opposition leader Henrique Capriles said on Tuesday.He made the statement to journalists after Maduro decreed a state of emergency broadening the powers of soldiers and police - and a day before opposition-led marches demanding a referendum to oust the president.
The situation in Venezuela has become so bad that even soldiers are struggling to support themselves. Over the weekend, six members of the Venezuelan military were detained by local authorities for stealing goats, the Venezuelan newspaper El Nacional reported on Sunday. It said the soldiers confessed to stealing the goats and said they did it to feed themselves, since they had no food left in their barracks.
Brazil's interim government dismissed criticism by populist countries in Latin America, including Venezuela, Cuba and Bolivia, over the impeachment process of Dilma Rousseff, who was suspended as president by the senate.
Venezuela's foreign minister accused the United States of conspiring to topple President Nicolás Maduro's government in conjunction with Venezuela's opposition. Minister Delcy Rodríguez says the plot includes attempting to remove Maduro's government from the Organization of American States in conjunction with the organization's secretary-general, Luis Almagro.
Pope Francis has sent a “personal letter” to Venezuelan President Nicolás Maduro in which he addresses his concern over the “seriousness” of “the county’s situation”, revealed papal spokesman Federico Lombardi confirmed to journalists this weekend.
Venezuela's president Nicolas Maduro has ordered a 30% increase in the minimum wage, the latest move by the socialist government to grapple with high inflation and economic stagnation.
Venezuelan government on Sunday moved local time up 30 minutes, to four hours behind UTC, with an eye toward dealing with the emergency caused by the ongoing severe drought. The time change will enter into effect as of this month and brings Venezuela back to the time schedule that prevailed until 2007, when the government shifted the nation's clocks back by half an hour.