Tag: Nicolas Maduro

• Monday, August 20th 2018 - 07:20 UTC

  Maduro launches new currency with five zeroes less but the same misery for the people

  

  Uncertainty reigned in Venezuela after President Nicolas Maduro unveiled a major economic reform plan aimed at halting the spiraling hyperinflation that has thrown the oil-rich, cash-poor country into chaos. Ahead of a major currency overhaul on Monday, when Caracas will start issuing new banknotes after slashing five zeroes off the crippled Bolívar, Maduro detailed other measures he hopes will pull Venezuela out of crisis.

• Monday, August 20th 2018 - 07:08 UTC

  Brazil sending troops to Venezuela border following clashes between locals and refugees

  

  Brazil is sending additional troops to its northern frontier after residents of one of its border towns attacked Venezuelan immigrants, forcing hundreds of them to flee back into their country. Brazil's Ministry of Public Security said over the weekend it would send an additional 60 soldiers to Roraima on Monday, reinforcing a contingent already operating in the northern state.

• Sunday, August 19th 2018 - 18:26 UTC

  Complications for the diaspora: Venezuelans can only flee with a passport to Peru or Ecuador

  

  The Ministry of the Interior of Peru has announced that as of the dawn of next Saturday, August 25, Venezuelans will be required to present their passport to be admitted to the country. This measure coincides with that taken by Ecuador this week when it reached record figures in the entry of Venezuelan citizens in that country. The National Superintendency of Migrations of Peru recorded last Saturday the largest number of Venezuelan citizens who entered the country in a single day: more than 5,100.

• Thursday, August 16th 2018 - 10:09 UTC

  Opposition leader claims “fractures” within the Venezuela Armed Forces

  

  An exiled opposition leader accused by Venezuelan authorities of directing a failed plot to assassinate President Nicolás Maduro says the greatest threat to the embattled socialist leader may be his detractors in uniform standing quietly behind him.

• Wednesday, August 15th 2018 - 07:23 UTC

  Venezuela arrests two high-ranking military officers in relation to an attack on president Maduro

  

  The investigation into an assassination attempt on Venezuela's President Nicolas Maduro using drones has widened to include the arrest of two high-ranking military officers, the nation's top prosecutor said on Tuesday.

• Monday, August 13th 2018 - 18:53 UTC

  Venezuela appealing US$ 1.4bn compensation ruling, threatening Citgo

  

  Venezuelan state oil company PDVSA is appealing a decision allowing Canadian miner Crystallex to take control of shares in U.S. subsidiary PDV Holdings as part of a 10 year dispute over the state takeover of Crystallex assets, a court filing shows.

• Monday, August 6th 2018 - 20:57 UTC

  Venezuelan Prosecutor assures that the perpetrators of the “assassination attempt” against Nicolás Maduro were identified

  

  Last Saturday, the president of Venezuela, Nicolás Maduro, described as “attempted assassination” the events that interrupted an official ceremony in Caracas in commemoration of the anniversary of the armed forces.

• Thursday, August 2nd 2018 - 07:35 UTC

  Santos convinced that Maduro's days in Venezuela are numbered, “in the near future”

  

  Nicolas Maduro's days as president of crisis-ravaged Venezuela are numbered, his outgoing Colombian counterpart Juan Manuel Santos told the French government news agency.“I can see it happening in the near future,” said Santos, pointing to the International Monetary Fund's latest projection that Venezuela's inflation will hit one million percent this year.

• Tuesday, July 31st 2018 - 07:00 UTC

  Venezuela scarce gasoline will be sold only to the politically loyal

  

  Venezuela is taking steps to direct dwindling motor fuel to politically loyal vehicle owners. President Nicolas Maduro ordered a national census on 3-5 August to determine how many vehicle owners possess a homeland identity card, a document created in first quarter 2017 to strengthen the government's social and political surveillance capabilities.

• Saturday, July 14th 2018 - 19:53 UTC

  Corruption unleashed: Venezuelan government denounced for enriching itself with aid funds

  

  According to a financial intelligence panel that met Friday in Cartagena, Colombia; in Venezuela, Maduro's government “uses food and humanitarian aid as a weapon for social control.”