Venezuela’s government officially requested this week to leave the World Bank’s arbitration court as demands pile up from abroad for compensation following a decade of nationalizations under President Hugo Chavez.
President Hugo Chávez 14-year-old daughter, Rosines angered Venezuelans and embarrassed her father by posting a picture of her holding a handful of US dollars on the web.
Venezuelan President Hugo Chavez said on Sunday that his government plans to buy new Embraer jets from Brazil as well as used Airbus jets to expand his country's state airline Conviasa.
“In practical terms Venezuela if fully integrated to Mercosur” said Uruguayan Foreign Affairs minister Luis Almagro during a meeting this week with foreign correspondents.
The sovereignty of Syria and Iran should be defended against 'foreign interferences' and from the siege of ‘colonial powers’ Venezuela's President Hugo Chavez and Russian Prime Minister Vladimir Putin agreed during a telephone conversation, according to the Venezuelan Foreign Affairs ministry.
Venezuela's Hugo Chávez said that if an opposition candidate wins this year's presidential election he will be the first to recognize the rival's victory and hand over power.
The US Government said they are closely following the evolution of President Cristina Fernández health after she underwent surgery to remove a thyroid tumour, and highlighted the Argentine leader’s “very good” relationship with Secretary of State, Hillary Clinton.
An international arbitration panel has awarded US oil giant Exxon Mobil Corp 908 million dollars in compensation for Venezuela's 2007 nationalization of assets, less than 10% of what it sought in a dispute that pitted a top global oil company against one of the world's largest oil exporters.
President Hugo Chavez Venezuela is on track to set a new record for murders and to remain South America's most violent country, according to data released by a crime watchdog. The Venezuela Violence Monitor (OVV) said this week that 19 336 people had been murdered in 2011, an average of 53 per day in a country of 29 million.
President Hugo Chavez claimed that a small group of Paraguayan lawmakers, manipulated by a “powerful black hand”, are impeding the long-delayed access of Venezuela as full member of Mercosur.