Tuesday, December 15th 2015 - 07:41 UTC

Moody's raises Cuba's rating to positive as it moves away from Venezuela dependence and is closer to US

'The positive outlook also anticipates that Cuban authorities will maintain the current reform momentum following the Communist Party Congress next April'

International ratings agency Moody’s Investors Service has moved Cuba’s economic from stable to positive, citing its lessening dependence on Venezuela and the possibility of more improved relations with the United States.

Saturday, December 12th 2015 - 02:55 UTC

All presidents confirmed attendance of Mercosur summit, including Macri and Maduro

Paraguay's Cartes will be handing the Mercosur chair for the next six months to Uruguay's Tabare Vazquez

The presidents of Mercosur member-countries have confirmed attendance to the group's summit scheduled for next 21 December and hosted by Paraguay, the country that currently holds the rotating chair, according to diplomatic sources in Asuncion.

Friday, December 11th 2015 - 19:42 UTC

Venezuela's political scenario begins to look hostage of both sides' radicals

Judge Susana Barreiros ruled Lopez had masterminded anti-government riots that erupted last year, and condemned him to nearly 14 years in prison.

Venezuela's outgoing National Assembly on Thursday tapped a judge who is hated by the opposition for jailing politician Leopoldo Lopez as the next human rights ombudsman in the increasingly hostile aftermath of legislative elections.

Friday, December 11th 2015 - 12:04 UTC

Venezuelan subsidized oil sales to the Petrocaribe program on a tight rope

Deputy National Security Adviser Ben Rhodes said that U.S. might be able to provide some “resources” to the 17 countries affected if the program is cut

If the newly elected Venezuelan National Assembly votes to cancel that country's program of subsidized oil sales to Caribbean and Central American nations, the United States will not be able to substitute U.S. oil for Venezuelan oil, a senior U.S. official warned this week.

Wednesday, December 9th 2015 - 08:06 UTC

It's official: Venezuelan opposition wins a two thirds majority in the legislature

Opposition leaders had been assuring the press they’ve captured 112 spots in the legislature — just above the 111 needed for a two-thirds super majority.

Venezuela said the opposition coalition MUD has won a two-thirds super majority in the country’s legislature, a major victory in Sunday’s elections.

Tuesday, December 8th 2015 - 09:10 UTC

Now comes the main challenge for the fragile opposition coalition: running Venezuela

Leaders of opposition Democratic Unity coalition, said it had won at least 112 seats in the 167-member National Assembly giving it a two-thirds majority

Venezuela's fragile opposition coalition which managed to come together to achieve victory over the Chavista government on Sunday, now faces the test of trying to stick together and use its newly won congressional authority to address the country’s deep economic problems and political rifts.

Monday, December 7th 2015 - 07:43 UTC

In peaceful voting Venezuelan opposition wins by a landslide; Maduro admits defeat

“The country wants change and that change is beginning today,” Jesus Torrealba, head of the Democratic Unity opposition coalition

Venezuela's opposition won control of the National Assembly by a landslide, delivering a major setback to the ruling party and altering the balance of power after almost 17 years of populist rule.

Saturday, December 5th 2015 - 07:10 UTC

A range of possible results in Venezuela's Sunday legislative election

A “unified” opposition might need as much as a 71.8% increase in votes over the 2010 elections, with government losing 10.8% of its votes to get a supermajority

By David Rosnick (*) A new paper from the Center for Economic and Policy Research (CEPR) finds that there may be a significant disparity between the popular vote and legislative seats claimed by parties in Venezuela’s December 6 National Assembly elections.

Wednesday, December 2nd 2015 - 11:08 UTC

Macri to meet Rousseff Friday: trade, Mercosur and Venezuela in the agenda

Macri promised during the electoral campaign, and following victory, that the 'democratic clause' must be applied to Venezuela

Next Friday Argentine president elect Mauricio Macri will be travelling to Brasilia to meet with president Dilma Rousseff, which will be the incoming leader's first overseas trip.

Tuesday, December 1st 2015 - 08:01 UTC

Venezuelan Defense minister denies any coup, 'self-coup' or civilian-military junta

“There will not be a coup, nor a 'self-coup' or a civilian-military junta. Nor will there be terrorist violence or political violence,” said Minister Vladimir Padrino

The Venezuelan government sought Monday to downplay security fears around the country's upcoming legislative elections, rejecting the possibility of violence or a coup. With polls showing President Nicolas Maduro's populist movement on track for a landmark defeat by the opposition in Sunday's vote, speculation and rumors have swirled about possible violence or moves by the ruling party to cling to power.

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!