Situation very ugly politically, socially and economically. With no food or medicines, it is undeniable that the country is facing a very difficult situation and is very much militarized .
Venezuela's state-owned oil and natural gas company PDVSA and India have signed accords worth $1.45 billion whereby oil production is expected to increase from 430,000 barrels per day to 855,000 in less than a year. Exports in mind, there is a natiowide shortage of fuel.
The Venezuelan president said the Democratic Unity Roundtable is looking for excuses to leave the political dialogue that is ongoing since Sunday under the auspices of international mediators and the Vatican.
The imprisoned Venezuelan opposition leader was last seen on Friday. Wife holds candlelight vigil as Maduro fails to produce proof of life.Lilian Tintori, wife of imprisoned Venezuelan opposition leader Leopoldo Lopez and their followers held a candlelight vigil outside the Ramo Verde jail Wednesday night as the government of Nicol疽 Maduro failed to produce a much demanded proof of life before the 8pm deadline.
Opposition leaders agree to halt impeachment procudres against the Venezuelan President, but demanded that all politicial prisoners be released and elections are held rather soon.Venezuela's opposition-led Parliament, postponed on Tuesday the beginning of impeachment procedures against President Nicolas Maduro in view of a nascent dialogue with the Government, National Assembly Speaker Henry Ramos Allup announced.
For the first time in at least two years, Venezuelan President Nicolas Maduro and his political team have met with several opposition leaders in attempt to defuse the country’s political crisis. The opposition’s main demand is to revive a suspended a recall referendum that could lead to the ouster of President Maduro. Tens of thousands of protesters took to the streets in recent days to support to recall effort.
Venezuela's opposition-majority legislature declared on Sunday that President Nicolas Maduro's government had committed a coup d'etat by blocking a referendum on removing him from power, vowing mass protests and international pressure.
Diphtheria, an extremely contagious disease that has been mostly eradicated worldwide through vaccination, has reappeared in Venezuela and so far has killed four children with another twenty cases reported in just one month. The reappearance of diphtheria, a disease not seen in Venezuela in more than 20 years, is yet the worst symptom of the country's collapsed health system.
Venezuelan President Nicolas Maduro on Friday announced the creation of peace prize in honor of late socialist leader Hugo Chavez, and said he was awarding it to Russian President Vladimir Putin. The announcement comes on the same day that the Nobel Committee awarded its annual Peace Prize to Juan Manuel Santos, president of neighboring Colombia, for his role in negotiating a peace agreement with Marxist FARC rebels.
Argentine President Mauricio Macri and his Brazilian counterpart, Michel Temer, agreed on Monday on the need to strengthen Mercosur and to make its rules more flexible to ”give a certain autonomy to the (member) states in their international relations.”