Venezuela

Venezuela
Friday, January 24th 2014 - 03:33 UTC

Ecuador airline suspends flights to Venezuela because of tickets' debts

Venezuela has not transferred any money to TAME since April 2013

Ecuadorean airline Tame has suspended flights to Venezuela, demanding 43m dollars in overdue payments for tickets. Some 80 passengers were left stranded on Thursday at the airport in the Ecuadorean capital, Quito. Tame says the Venezuelan Central Bank has not transferred any money to its account in Ecuador since April 2013.

Friday, January 24th 2014 - 03:31 UTC

Discos are common in Venezuelan penitentiaries, admits minister

Minister Varela admitting the 'regrettable perversion'

Discotheques have long operated inside Venezuelan penitentiaries, the head of the country's prison service said Thursday in response to a public uproar over the death of a young man after partying at a disco behind bars.

Wednesday, January 15th 2014 - 19:24 UTC

Uruguay among the world's ten countries with highest inflation

Only Venezuela and Argentina in the region have higher inflation rates

Uruguay is ranked among the world's ten countries with the highest inflation, having climbed from position 15 to 10 last year, only surpassed in Latin America by Venezuela and Argentina. Last year Uruguay ended with an inflation of 8.52%, well above the 4% to 6% target, and according to Central bank officials “it remains the main challenge for the country's economic policy”.

Monday, January 13th 2014 - 06:10 UTC

Maduro names new cabinet but main ministries remain unchanged

Maduro challenged by a melting economy, inflation and rampant crime

Venezuelan President Nicolás Maduro appointed seven new ministers. His announcement was made during an event with the Movement for Peace and Life. Venezuela has been shocked by the extent of crime and killings, which means according to private organizations stats that only two out of ten cases ever are caught and face trial.

Saturday, January 11th 2014 - 06:30 UTC

Airlines operating in Venezuela have 3.3bn dollars trapped by currency controls

Madrid based Air Europa has suspended ticket sales from Venezuela

International airlines operating in Venezuela have 3.3 billion trapped because of currency controls, the International Air Transport Association, IATA, revealed. Airlines have to wait around 12 months for the government to convert their Bolivar earnings into dollars, with the time lag growing, according to the Venezuela Airline Association.

Saturday, January 11th 2014 - 06:27 UTC

Silent protest: thousands at funeral of ex-Miss Venezuela slain in an armed robbery

Even accustomed to violence, the killings shocked Venezuela and the government

Thousands of people attended the funeral of actress and former Miss Venezuela Monica Spear and her ex husband this Friday, in solidarity with the family of the couple that was slain this week in an armed robbery.

Wednesday, January 8th 2014 - 05:48 UTC

Venezuela's violent crime unstoppable: former beauty queen and husband shot dead

 The 2004 Miss Venezuela was vacationing on her country

Gunmen shot dead a former Miss Venezuela and her ex-husband in the South American nation, authorities said today. Monica Spear, 29, a soap opera actress, and Henry Berry, 39, died in an attempted robbery on the highway between Puerto Cabello and Valencia in central Venezuela.

Friday, December 20th 2013 - 06:09 UTC

Venezuela considering increase in gasoline prices, world's cheapest: 2 cents a liter

Fill her up twice, at 2 cents the liter...

President Nicolas Maduro said he was contemplating a three-year period to raise domestic fuel prices; a sensitive issue for Venezuela where a similar move helped spark deadly 1989 riots.

Wednesday, December 18th 2013 - 06:29 UTC

Paraguay set to approve Venezuela Mercosur membership this Wednesday, ending 18-month rift

The full Lower House will vote the protocol and decide dropping the persona non grata pending on President Maduro

Paraguay is waiting for the formality of a Wednesday vote in the Lower House floor to acknowledge the controversial incorporation of Venezuela as full member of Mercosur, putting an end to an 18 months political and diplomatic rift in the block. The Deputies' Constitution Affairs and Foreign Affairs committees on Tuesday afternoon approved Venezuela's Mercosur incorporation protocol, which means all is ready for the full house expected positive vote.

Friday, December 13th 2013 - 18:10 UTC

Venezuela clashes with World Bank over oil deal with Haiti

“Our cooperation with Haiti is based on solidarity values and the respect of its sovereignty”, said Venezuelan ambassador Canino González

Venezuela has dismissed as “disrespectful” comments made by a senior World Bank official that Haiti was not transparent in its handling of funds provided under the Caracas-led PetroCaribe.

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