Tag: Nicolas Maduro

• Friday, March 24th 2017 - 11:02 UTC

  Maduro desperately selling assets to pay US$ 3.7bn in debts

  

  In an effort to handle its overdue debts, Venezuela is all but giving away oil assets. President Nicolás Maduro is reportedly so desperate to pay the US$ 3.7 billion in debts that he is selling off the assets to Russia.

• Thursday, February 16th 2017 - 11:42 UTC

  Venezuela pulls CNN Spanish off the air; channel accused officials of selling passports to Arab terrorists

  

  Venezuela pulled CNN's Spanish-language television channel off the air on Wednesday, accusing it of spreading “propaganda” about an alleged visa racket at the country's embassy in Iraq. The state National Telecommunications Commission ordered “the immediate suspension of broadcasts by the news channel CNN in Spanish” in Venezuela, a government statement said.

• Tuesday, February 7th 2017 - 08:24 UTC

  Maduro wants to involve the Pope in restarting talks with Venezuelan opposition

  

  The president of Venezuela Nicolas Maduro is working to set up a meeting with Pope Francis in hopes of restarting talks with the Venezuelan opposition. Maduro is reportedly hoping to meet with the Pope at the Vatican, along with representatives from his opposition.

• Thursday, January 5th 2017 - 08:04 UTC

  Maduro reshuffles economic team and names new combative vice-president

  

  Venezuelan President Nicolas Maduro on Wednesday shuffled his cabinet by naming a new economy czar to oversee the OPEC country's decaying populist system and a new oil minister to confront the economic difficulties caused by low oil prices. He also appointed a new vice-president, state governor Tarek El Aissami, a hard liner that could replace Maduro if he is forced to step down.

• Monday, December 19th 2016 - 09:55 UTC

  Maduro backtracks on elimination of 100-bolivar bill as looting erupts

  

  Venezuela's President Nicolas Maduro reversed his decision to ban from circulation the 100-bolivar bill and gave the notes, which are worth between US$ 0.02 and 0.04 according to varying quotations, a two-week grace. The bills can now be used until January 2, Maduro said.

• Friday, December 16th 2016 - 11:34 UTC

  Venezuelan leader calls Macri “coward” and says Argentine ambassador should leave the country

  

  Diosdado Cabello, considered one of the three most powerful persons in Venezuela called Argentine president Mauricio Macri a “coward”, described the Argentine ambassador in Caracas as an “enemy” and suggested that if he had any dignity left he should pack his suitcase and leave Venezuela.

• Wednesday, December 14th 2016 - 09:21 UTC

  Yesterday Colombia, now Venezuela closes border with Brazil

  

  The government of President Nicolas Maduro government closed the border with Brazil for 72 hours for the same reason it had taken the same measure with Colombia: money smuggling, Brazilian local authorities and residents of southern Venezuela who routinely cross to Brazil where they can make transactions in bolivars confirmed.

• Wednesday, December 14th 2016 - 08:32 UTC

  Maduro/Vazquez address Mercosur conflict; 'uninvited' Venezuelan minister expected in Buenos Aires

  

  On the eve of Argentina becoming the next chair of Mercosur, Venezuelan president Nicolas Maduro revealed he held an hour long video conference with his Uruguayan peer Tabare Vazquez and they both agreed in building a path “to channel the current conflict”, which has Venezuela suspended from the group, but is rejected point blank by Caracas.

• Friday, December 9th 2016 - 15:14 UTC

  Maduro calls for “anti-coup” test as dialogue with opposition dies

  

  During a “commemorative assembly” marking the fourth anniversary of the day the late Hugo Chavez picked him as his successor, Venezuelan President Nicolás Maduro called for a powerful civilian and military mobilization next December 17 to make a “anti-coup” test in view of the alleged threats from “imperialism” and “national oligarchy.”

• Saturday, December 3rd 2016 - 09:19 UTC

  Venezuela suspended from Mercosur - Maduro's Foreign Minister says it did not happen

  

  The founding Mercosur countries Friday suspended Venezuela from full membership of the free-trade bloc in view of its failure to adjust its domestic regulations to economic agreements and human rights and immigration guidelines and principles that are mandatory to all the other members.