Tag: Tareck El Aissami

• 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.”

• 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.

• Thursday, October 2nd 2014 - 06:24 UTC

  Mysterious outbreak of hemorrhagic fever syndrome in Venezuela kills ten

  

  An outbreak of a mysterious hemorrhagic fever syndrome in the Venezuelan state of Aragua and the country’s capital Caracas has left ten people dead in the last three weeks. Reports indicate that nine people have so far succumbed to the disease in the northern state and a tenth person has died in the capital.

• Monday, April 11th 2011 - 05:54 UTC

  Venezuela’s most populated areas suffer another major blackout

  

  Blackouts blamed on forest fires left without power whole areas of north and central Venezuela, including Caracas, officials said. The power outages began last Thursday due to the collapse of electrical lines located 250 kilometres west of Caracas, Electricity Minister Ali Rodriguez said.

• Thursday, February 10th 2011 - 00:50 UTC

  Venezuela’s homicide rate exposes vulnerable flank of President Chavez

  

  Venezuelan authorities say they recorded 48 homicides for every 100,000 inhabitants last year, making it one of the most dangerous places in South America. Venezuela has a population of 28 million and a report for United Nations last year put the homicide rate for South America as a whole around 20 per 100.000 people.