Tag: Hugo Chávez

• Friday, May 27th 2011 - 08:58 UTC

  Chavez sacks half of PDVSA board following a 500 million USD fraud

  

  Venezuela’s government giant oil corporation sacked half its board of directors Thursday after PDVSA ’s pension fund lost about 500 million US dollars in a Ponzi scheme linked to a Connecticut-based investor.

• Monday, May 23rd 2011 - 04:06 UTC

  Peruvian president says he’s rather fond of Chavez with whom fights are over

  

  Peruvian outgoing president Alan García said on Sunday that the days of rivalry and fights with his peer Hugo Chavez are over and admitted he’s quite fond of the Venezuelan president whom he considers a man “respectful of institutions and power”.

• Tuesday, April 26th 2011 - 13:59 UTC

  “Cristina Kirchner copies Peron’s model”, says The Wall Street Journal

  

  The influential The Wall Street Journal published Monday a piece in which the columnist asks if Argentina can stand another four years of President Cristina Fernandez de Kirchner. Columnist Mary Anastasia O’Grady who for years has been critical of the Kirchner couple states that few experts trust Argentina can resist four more years of “demagoguery and its creeping authoritarianism”

• Monday, April 25th 2011 - 06:59 UTC

  Chavez, with eyes on his 2012 re-election bid, hikes oil windfall tax

  

  Venezuelan President Hugo Chavez hiked an oil windfall tax in a move that raises government income ahead of the 2012 presidential election, but puts a heavy load on oil companies.

• Sunday, April 24th 2011 - 01:30 UTC

  Venezuela formally exits Andean nations and waits for Mercosur incorporation

  

  Venezuela formally exited the Andean Community of Nations, CAN, Friday when it stopped belonging to the free trade zone which for 38 years eliminated a full range of tariffs among its members (Peru, Ecuador, Bolivia and Colombia), announced the Venezuelan Foreign Affairs ministry.

• Monday, April 11th 2011 - 06:17 UTC

  With Colombia support Venezuela gets temporary extension of Andean membership

  

  Colombian President Juan Manuel Santos and Venezuela’s Hugo Chavez agreed over the weekend to temporarily extend the bilateral trade pact within the framework of the Andean Community, or CAN, despite Venezuela’s pending withdrawal from that regional organization on April 21.

• Monday, April 11th 2011 - 05:58 UTC

  Mujica strongly lobbies for Venezuela’s full incorporation to Mercosur

  

  Uruguayan president Jose Mujica strongly supported the incorporation of Venezuela as full member of Mercosur from a Sunday column published in one of Brazil’s most influential newspapers, Folha de Sao Paulo.

• Monday, April 11th 2011 - 05:54 UTC

  Venezuela’s most populated areas suffer another major blackout

  

  Blackouts blamed on forest fires left without power whole areas of north and central Venezuela, including Caracas, officials said. The power outages began last Thursday due to the collapse of electrical lines located 250 kilometres west of Caracas, Electricity Minister Ali Rodriguez said.

• Monday, April 11th 2011 - 05:18 UTC

  Santos and Chavez meet Lobo and agree on helping Honduras return to the OAS

  

  The presidents of Colombia, Venezuela Juan Manuel Santos and Hugo Chavez held a non announced meeting with their Honduran peer Pofirio Lobo and said they were committed to help the outcast country rejoin the Latin American family by returning to the Organization of American States, OAS.

• Tuesday, April 5th 2011 - 10:15 UTC

  Venezuelan business community concerned about full Mercosur integration

  

  The potential full membership of Venezuela in Mercosur, before formalizing its departure from the Andean Community (CAN) has Venezuelan entrepreneurs and several parties linked to integration “awaiting and in uncertainty” since they are not in touch with government actions on the issue.