The president of Venezuela’s National Electoral Council (CNE), Tibisay Lucena, dismissed the idea of holding legislative elections on the same day as the presidential election scheduled for April 22, as the ruling party has proposed.
The Organization of American States (OAS) was meeting in Washington on Tuesday from 10:00 AM local time on the subject of Venezuela and “the latest events” that have occurred in the Caribbean country. 19 of the 24 members voted in favor of a resolution calling on Venezuela to postpone the elections scheduled for April.
The Venezuelan democratic opposition, represented by the Democratic Unity, announced that it will not be presented to the elections convened by the government of Nicolás Maduro for next April 22 and calls for a national boycott as it is considered a fraudulent process and without guarantees.
The pre-sale of Petro began early on Tuesday, the cryptocurrency proposed by the Venezuelan government in recent weeks and backed by the country's natural resources. According to experts, it is “ridiculous”, arguing that the creation of a new currency would aggravate the economic crisis in the Caribbean country.
Venezuela’s “Petro” crypto-currency will attract investments from Turkey, Qatar, the U.S., and Europe, the country’s crypto-currency regulator, Carlos Vargas, told reporters. The Petro will be offered for sale this Tuesday, February 20th, and comes as Venezuela is suffering from quadruple-digit inflation and chronic shortages of food and medicine.
Venezuela's president, Nicolas Maduro, announced that he will attend the Summit of the Americas “at all costs” to bring “the truth of the country” at a press conference at the presidential palace in Caracas despite the Peruvian government reported that his presence would not be welcome in the Andean country.
U.S. prosecutors announced charges against five former Venezuelan officials accused of soliciting bribes in exchange for helping vendors win favorable treatment from state oil company PDVSA, the latest case to stem from a US$1 billion graft probe.
The “Lima Group” of Latin American nations plus Canada on Tuesday criticized the Venezuelan government’s decision to hold a presidential election on April 22 without reaching an agreement with an opposition coalition.
Brazilian President Michel Temer criticized the government of neighboring Venezuela for leading that country into a crisis that is causing an exodus of refugees into northern Brazil. Brasilia has called for democratic reforms by Venezuelan President Nicolas Maduro, who has consolidated power as his country’s economic crisis deepens with shortages of food and medicine.
The British Ambassador to Venezuela, Andrew Soper, presented his Letter of Credentials to President Nicolás Maduro during a ceremony at the Miraflores Presidential Palace in Caracas.