Tag: Nicolas Maduro

• 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.

• Friday, December 2nd 2016 - 10:43 UTC

  Brazilian sources say Venezuela's suspension from Mercosur to be announced Friday

  

  Nicolas Maduro's Venezuela has been suspended from the Mercosur regional trade bloc for failing to meet its membership requirements, a Brazilian government source revealed Thursday. And the official announcement is to be made Friday, which could not be corroborated in Buenos Aires' diplomatic circles.

• Wednesday, November 30th 2016 - 12:04 UTC

  Putin an “emblem of struggle for the mutlipolar world,” says Maduro

  

  “Putin's victories are our victories,” Venezuelan President Nicolas Maduro told Russia's State Duma Speaker Vyacheslav Volodin on Tuesday during funerary ceremonies in Havana to mark the passing away of former Cuban leader Fidel Castro.

• Wednesday, November 30th 2016 - 10:49 UTC

  Maduro's Bolivar devalued 60% in November: 3,684 Bolivares to one US dollar

  

  Leaders of the Venezuelan opposition have blamed President Nicolas Maduro's regime of causing the Bolivar to devalue to unprecedented levels against the U.S. dollar. According to data provided by the currency tracking website DolarToday, the Venezuelan Bolivar fell this week to an all-time low against the U.S. dollar in the black market.