Venezuela

Venezuela
Saturday, March 15th 2014 - 04:26 UTC

February annual inflation in Venezuela soars to 57.3%; Maduro blames the 'economic war'

Venezuelans for months have been struggling for basic items such as flour, cooking oil and toilet paper

Venezuela's annual inflation rate rose to 57.3% in February, the central bank said as violent opposition demonstrations during the month disrupted the economy. However the bank also pointed out that despite the protests inflation slowed on a month-on-month basis to 2.4% from 3.3% in January.

Friday, March 14th 2014 - 08:52 UTC

Venezuela reassures fearful Caribbean allies about ALBA and PetroCaribe

Ambassador Escalona Barrueta: agreements will continue in full force

Venezuela said the current political unrest in the country poses no danger to the future of the Bolivarian Alliance for the Peoples of the Americas(ALBA) and the oil initiative PetroCaribe.

Friday, March 14th 2014 - 08:49 UTC

Death toll in a month of violent protests in Venezuela has risen to 28

State prosecutor Luisa Ortega Díaz made the announcement of the sidelines of the UN meeting on human rights in Geneva

Venezuela's state prosecutor said on Thursday the death toll from a month of violent protests had risen to 28, after the nation's top court ordered opposition mayors to dismantle barricades set up by street protesters.

Thursday, March 13th 2014 - 06:28 UTC

Three more fatal shootings in Venezuela raise the death toll to 25

Protests in Venezuela have been ongoing for a month with no indications of a truce or a lowering of tension

Protesters battled soldiers on Wednesday in the streets of Caracas again as three more fatal shootings raised to 25 the death toll from a month of demonstrations against Venezuela's populist government.

Tuesday, March 11th 2014 - 05:52 UTC

A '99% chance' that Venezuela's Maduro visits Uruguay later this week

Foreign minister Luis Almagro anticipated the possibility of such a visit to parliament last month

Despite strong criticism from the opposition the Uruguayan government said it is prepared to receive Venezuelan president Nicolas Maduro on an official visit, and there is a 99% chance that this could occur next Thursday, said foreign minister Luis Almagro.

Saturday, March 8th 2014 - 06:53 UTC

US Vice-president Biden expected to address Venezuelan situation while in Chile

Biden is expected to meet with several leaders during his visit

US Vice President Joe Biden will hold talks with Latin American leaders about protest-hit Venezuela during his trip to Chile from Sunday for the inauguration of President Michelle Bachelet scheduled for Tuesday and which is expected to convene regional leaders.

Saturday, March 8th 2014 - 06:32 UTC

Unasur meets to address the Venezuelan situation next Tuesday in Chile

The meeting was announced by president Correa and will take place during the inauguration of Chilean leader Bachelet

Latin American foreign ministers and most probably presidents, will meet next week to discuss the unrest in Venezuela that has left at least 21 dead and hundreds injured and arrested following weeks of protests and clashes, according to the Ecuadorean president Rafael Correa.

Saturday, March 8th 2014 - 05:54 UTC

OAS agrees on declaration calling for peace and an end to violence in Venezuela

Venezuelan ambassador Roy Chaderton described it as 'a great victory for Latin America'

The Organization of American States (OAS) Permanent Council approved late Friday night after a whole day of discussions and by an ample majority, a statement in support of peace and an end to violence in Venezuela, where street protests and clashes have left at least 22 dead and hundreds injured and arrested.

Friday, March 7th 2014 - 05:10 UTC

With an eye on Argentina and Venezuela, Brazil private sector wants Mercosur trade in local currencies

Business in reales and pesos and central banks acting as clearing houses

Brazil's private sector concerned with harsh times ahead, particularly with exports to Argentina and Venezuela are proposing that Mercosur trade should be done with local currencies leaving aside the US dollar. The initiative was launched by the president of the Brazil-Argentina Commerce Chamber.

Friday, March 7th 2014 - 03:15 UTC

Two more dead in Venezuelan streets as protests continue

The government funded 'colectivos' were instructed to put an end to protestors' barricades

A Venezuelan soldier and a motor cyclist were killed in a standoff with opposition demonstrators who had set up a barricade along an avenue of Caracas, the vice president of the ruling Socialist Party said on Thursday.

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