Tag: Venezuela

Sunday, October 13th 2013 - 11:57 UTC
Venezuela arrests oil-exploration vessel in disputed waters with Guyana

Guyana says the Venezuelan navy has entered its territorial waters and detained a US-operated ship. The government said the Venezuelan actions in the disputed Essequibo region constituted “a serious threat to peace in the region”.
Friday, October 11th 2013 - 13:28 UTC
Venezuela inflation soars to 49%; Maduro promises more dollars to help with imports

Venezuela's annual inflation rate rose to 49.4% in September, from 45.4% in August. Consumer prices increased 4.4% month-on-month, the central bank said, compared with 3.0% in August. It was the highest annual rate since the Venezuelan government changed the formula used to calculate the figure five years ago.
Thursday, October 10th 2013 - 02:34 UTC
Venezuela insists in re-establishing full relations with Paraguay, but legal obstacles remain

Venezuela and Paraguay need to re-establish full relations and overcome “all the obstacles that need to be overcome”, said Foreign minister Elías Jaua currently in Asunción, a special guest of his counterpart Eladio Loizaga.
Wednesday, October 9th 2013 - 05:46 UTC
Venezuelan minister invited to Paraguay: Mercosur and bilateral relations in the agenda

Venezuela Foreign minister Elias Jaua is expected Wednesday in Asuncion, a guest of the Paraguayan government to talk about bilateral relations, Mercosur and to advance in negotiations of common interest, according to sources from the administration of President Horacio Cartes.
Wednesday, October 9th 2013 - 05:25 UTC
Lower commodity prices and poor infrastructure cut Latam growth prospects says IMF

The International Monetary Fund on Tuesday cut its economic growth forecast for Latin America and the Caribbean, blaming, at least in part, poor infrastructure and lower commodity prices. In its latest World Economic Outlook report, the IMF noted that emerging markets generally were facing a dampening of growth amid “less supportive external conditions and domestic supply-side constraints.”
Thursday, October 3rd 2013 - 06:54 UTC
Russian oil giant wants to sell stake in Orinoco project and get out of Venezuela

Lukoil, Russia's second-biggest oil producer wants to sell its stake in a Russian consortium developing a large oil project in Venezuela because it is not a high priority, Lukoil's head said on Wednesday.
Thursday, October 3rd 2013 - 06:48 UTC
US and Venezuela in reciprocating game of expelling diplomats

The United States has expelled Venezuela's top diplomat and two others, after Venezuela kicked out three U.S. diplomats it accused of plotting sabotage. The Caracas government criticized the US response, saying the Venezuelan diplomats had not been meeting with groups opposed to US President Barack Obama.
Thursday, September 26th 2013 - 05:32 UTC
Maduro skips UN speech alleging ‘two highly serious provocations’ against his life

Venezuelan President Nicolas Maduro said Wednesday he had scrapped his plan to take part in the UN General Assembly in New York to “protect my life” after purported threats on it. Just back from a visit to China Maduro said that on a layover in Vancouver he received intelligence on what he said were “two highly serious provocations”, which prompted him to scrap his UN trip.
Wednesday, September 25th 2013 - 05:03 UTC
Major cocaine catch in Paris shipped from Venezuela triggers more questions than replies

With more arrests and airline workers suspected, Venezuela's top police official said that the smuggling of 1.5 tons of cocaine in 31 suitcases on an Air France flight from Caracas to Paris has led to nine arrests on two continents.
Tuesday, September 24th 2013 - 08:19 UTC
Paraguay and Venezuela discussions to re-establish full relations and on Mercosur

Representatives from Paraguay and Venezuela are scheduled to re-take bilateral and Mercosur related discussions on the sides of the UN General Assembly this week in New York, according to Deputy foreign minister Manuel María Cáceres