Tag: Tareck El Aissami

Tuesday, March 21st 2023 - 10:10 UTC
Venezuelan oil minister resigns amid corruption scandal

Venezuelan Oil Minister Tareck El Aissami Monday resigned his post on Monday after the opening of a corruption investigation involving the state-owned oil company Petróleos de Venezuela (PDVSA) in which two officials have already been arrested. El Aissami, a powerful ally of President Nicolás Maduro, has been singled out by the United States as an alleged drug lord.
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Saturday, July 11th 2020 - 09:50 UTC
Venezuelan oil minister tests positive for Covid-19

Venezuelan oil minister Tareck El Aissami has tested positive for COVID-19, he said on Twitter on Friday, a day after the leader of the socialist party, Diosdado Cabello, tested positive for the virus as well.
Monday, June 1st 2020 - 08:54 UTC
Venezuela announces the end of subsidized fuel prices together with privatized service stations

Venezuela will increase fuel prices in June, the president said, putting a limit on state subsidies that for decades had allowed citizens to fill their gas tanks virtually for free. Although the country has huge oil reserves, production has collapsed and Venezuelans are facing dire shortages - exacerbated by the impact of COVID-19 on the economy.
Tuesday, May 26th 2020 - 07:45 UTC
Iranian tankers unloading much needed gasoline in Venezuela

The first of five Iranian tankers carrying much-needed gasoline and oil derivatives docked in Venezuela on Monday, Caracas announced amid concern in Washington over the burgeoning relationship between countries it sees as international pariahs.
Thursday, August 1st 2019 - 09:58 UTC
Maduro's former Vice President wanted by US for “international narcotics trafficking”

United States immigration officials have added Venezuelan government minister Tareck El Aissami, a suspected drug smuggler, to their list of most wanted fugitives, they said on Wednesday.
Tuesday, November 14th 2017 - 10:50 UTC
Venezuela wants bondholders to press the US government to lift sanctions and allow debt restructuring

Venezuela hosted a brief meeting of creditors on Monday as the struggling yet oil-rich country sought to stave off a default seen as inevitable by experts, while the EU stepped up the pressure with new sanctions on Caracas.
Monday, November 13th 2017 - 07:17 UTC
Venezuela summons bond holders to a creditors' meeting in Caracas

Venezuela's foreign debt renegotiation committee will meet with creditors at 2 p.m. (1800 GMT) on Monday at the government's “White Palace” in downtown Caracas, the finance minister said on Saturday.
Friday, November 3rd 2017 - 07:58 UTC
Maduro announces “restructuring of all future debt payments”; default round the corner?

Venezuela on Thursday announced plans to restructure its burgeoning foreign debt, a move that may lead to a default by the cash-strapped OPEC nation whose collapsing socialist economy has left its population struggling to find food and medicine.
Monday, October 30th 2017 - 07:00 UTC
Venezuela makes last minute major bond payment, but 2018 service will demand US$ 10bn

Venezuelan state oil company PDVSA began making a major bond payment, easing short-term worries about default but leaving the populist government with less cash to attend to food shortages and economic depression.
Thursday, February 23rd 2017 - 09:35 UTC
Venezuelan vice-president publishes full page in New York Times rebuking drug trafficking charges

Tareck El Aissami, the recently appointed vice president in Venezuela, took out a full-page in The New York Times on Wednesday to rebuke sanctions against him and other Venezuelan officials leveled by the US government over drug trafficking charges. El Aissami, who was named alongside an alleged associate, was declared by the US Treasury Department to be a specially designated narcotics trafficker for allegedly “playing a significant role in international narcotics trafficking.”