Venezuela should close a recently created office that grants President Hugo Chávez administration broad powers to limit public debate, Human Rights Watch said Wednesday in a release. The government should also stop seeking to discredit human rights defenders and prosecuting critics.
Colombia will take evidence it says proves the presence of FARC and ELN guerrillas in Venezuela to a meeting of the Organization of American States next Thursday confirmed ambassador to OAS Luis Alfonso Hoyos.
A new US assessment of Venezuela's oil reserves could give the country double the supplies of Saudi Arabia. Scientists working for the US Geological Survey say Venezuela's Orinoco belt region holds twice as much as previously thought.
Venezuela will nationalize a fleet of oil rigs belonging to US Company Helmerich and Payne, the latest takeover in a push to XXI century Socialism announced President Hugo Chávez as he struggles with lower oil output and a recession.
Venezuelan President Hugo Chavez announced that the arrival of the rainy season will help eliminate power rationing on weekends and on weekdays at non-peak hours. Chavez made the announcement during a meeting of an electricity advisory group at the Miraflores presidential palace that was aired by state-run VTV television.
Aban Offshore (BOM:523204), India’s largest offshore drilling and oil field services provider, suffered a major setback on Thursday, when its gas platform Pearl sunk off the coast of Venezuela. This was one of Aban’s biggest money spinning rig earning 358,000 US dollars a day.
Chilean Foreign Affairs Minister Alfredo Moreno Charme said he does not see an “arms race” in the continent and suggested following the Argentine–Chilean experience of “homologating military expenditure”.
A former Venezuelan defence minister who has become a staunch critic of President Hugo Chávez was sentenced to almost eight years in prison for alleged misappropriation of funds in connection with the purchase of military equipment.
Leading Brazilian presidential candidate José Serra said it was “very good” for his campaign that Venezuela’s leader Hugo Chávez should openly support his main competitor incumbent hopeful Dilma Rousseff and again warned about the shortcomings of Mercosur.
Paraguayan opposition and media strongly criticized Brazilian president Lula da Silva’s for not keeping his Itaipú dam-controversy promises and allegedly for conditioning further assistance to the approval by the Paraguayan congress of Venezuela’s incorporation to Mercosur.