Germany wants to speed negotiations for a free trade agreement between the European Union and Mercosur, said Foreign minister Walter Steinmeier in Brasilia. The agreement has been pending since 1999 when discussions started but so far have been unable to reach a deal or commit a date because of internal problems from both sides.
Venezuelan president Nicolas Maduro Thursday night went on the air and said the intelligence services had foiled a coup and arrested multiple people who were behind the attempt, which was backed by the United States.
Venezuelan police fired tear gas Thursday to break up students demonstrating against President Nicolas Maduro's government, on the anniversary of protests that eventually left 43 people dead last year.
Venezuela's vice president for economic policy announced Tuesday that the government will inaugurate this week a three-tiered exchange-rate regime which includes a “totally free” market open to both individuals and companies.
Ratings agency Standard and Poor's on Monday downgraded Venezuelan long-term credit ratings to CCC from CCC+, citing falling oil prices and the government's failure to address economic distortions.
A former bodyguard of Venezuela’s Socialist Party heavyweight Diosdado Cabello Leamsy Salazar, who fled the country earlier this week and was reportedly collaborating with US authorities investigating allegations of Venezuelan officials' involvement in drugs, said late president Hugo Chavez did not die on 5 March 2013 but on 30 December 2012.
In a documentary that aired recently on the Canadian Broadcasting Corporation's popular The Fifth Estate program, an allegory of Vladimir Putin was presented. The wily Russian president was described growing up in a shabby St. Petersburg apartment, where he would often corner rats.
The Venezuelan government has turned down a request by former presidents of Chile and Colombia to visit opposition leader Leopoldo Lopez in jail. Chile's Sebastian Piñera and Colombia's Andres Pastrana say they are in Venezuela to support the opposition and have called for the release of Mr Lopez, who was arrested nearly a year ago.
In a three-hour State of the Nation speech to the National Assembly on Wednesday night, president Nicolás Maduro acknowledged some of the economic realities facing Venezuela: the economy contracted by 2.8% in 2014 and inflation stood at 64%.
At least a dozen protesters arrested in Venezuela remained in jail and masked assailants burned a bus overnight amid scattered unrest over swelling lines for basic goods, activists said.