Venezuela's streets were quieter than normal on Tuesday, as a currency devaluation and package of economic measures by populist president Nicolas Maduro went into effect, and the opposition asked storekeepers to shut up shop in protest. Venezuela on Monday cut five zeros from prices and pegged the country’s currency to an obscure state-backed cryptocurrency, as part of a broad set of measures meant to address hyperinflation and an economic crisis.
Argentine President Mauricio Macri plans to report Venezuela’s government to the International Criminal Court at The Hague for alleged crimes against humanity, according to an interview broadcast on CNN’s Spanish service on Sunday night. Macri said he would seek to refer populist President Nicolas Maduro’s government “in the coming weeks”, and that he had the backing of the presidents of Colombia, Chile and Paraguay.
Brazil's government has not ruled out closing its border with Venezuela at Pacaraima, in Roraima state, but sees obstacles to doing so because of international treaties it has signed, Political Affairs Minister Carlos Marun said on Monday.
Uncertainty reigned in Venezuela after President Nicolas Maduro unveiled a major economic reform plan aimed at halting the spiraling hyperinflation that has thrown the oil-rich, cash-poor country into chaos. Ahead of a major currency overhaul on Monday, when Caracas will start issuing new banknotes after slashing five zeroes off the crippled Bolívar, Maduro detailed other measures he hopes will pull Venezuela out of crisis.
Brazil is sending additional troops to its northern frontier after residents of one of its border towns attacked Venezuelan immigrants, forcing hundreds of them to flee back into their country. Brazil's Ministry of Public Security said over the weekend it would send an additional 60 soldiers to Roraima on Monday, reinforcing a contingent already operating in the northern state.
The Ministry of the Interior of Peru has announced that as of the dawn of next Saturday, August 25, Venezuelans will be required to present their passport to be admitted to the country. This measure coincides with that taken by Ecuador this week when it reached record figures in the entry of Venezuelan citizens in that country. The National Superintendency of Migrations of Peru recorded last Saturday the largest number of Venezuelan citizens who entered the country in a single day: more than 5,100.
An exiled opposition leader accused by Venezuelan authorities of directing a failed plot to assassinate President Nicolás Maduro says the greatest threat to the embattled socialist leader may be his detractors in uniform standing quietly behind him.
The investigation into an assassination attempt on Venezuela's President Nicolas Maduro using drones has widened to include the arrest of two high-ranking military officers, the nation's top prosecutor said on Tuesday.
Venezuelan state oil company PDVSA is appealing a decision allowing Canadian miner Crystallex to take control of shares in U.S. subsidiary PDV Holdings as part of a 10 year dispute over the state takeover of Crystallex assets, a court filing shows.
A judge on the Supreme Federal Court of Brazil denied a request by the regional government of Roraima to close the nation’s border with Venezuela. Roraima is Brazil’s northernmost state and its authorities claimed the persistent influx of Venezuelan immigrants has overburdened the state’s public services.