Tag: Venezuela

• Monday, February 6th 2012 - 06:51 UTC

  Chavez supports Russia/China veto on UN Syrian resolution as “very positive”

  

  While Western and Arab countries responded with outrage after Russia and China vetoed a UN Security Council resolution that would have urged Syrian President Bashar al-Assad to give up power, Venezuelan president Hugo Chavez considered the veto as “very positive”.

• Monday, January 30th 2012 - 09:40 UTC

  Venezuela convenes an ALBA summit to propose creating an economic space

  

  Venezuelan President Hugo Chavez has called for a presidential summit of the Bolivarian Alliance of the Peoples of our America, ALBA, for next February 5 in Caracas when it is expected Chavez will insist in the creation of an economic block.

• Thursday, January 26th 2012 - 05:02 UTC

  As demands pile up, Venezuela requests to leave World Bank arbitration court

  

  Venezuela’s government officially requested this week to leave the World Bank’s arbitration court as demands pile up from abroad for compensation following a decade of nationalizations under President Hugo Chavez.

• Wednesday, January 25th 2012 - 04:30 UTC

  Chavez is also father of an embarrassing teen-ager who angers Venezuelans

  

  President Hugo Chávez 14-year-old daughter, Rosines angered Venezuelans and embarrassed her father by posting a picture of her holding a handful of US dollars on the web.

• Monday, January 23rd 2012 - 04:27 UTC

  Chavez announces purchase of Brazilian aircraft for Venezuela’s state airline

  

  Venezuelan President Hugo Chavez said on Sunday that his government plans to buy new Embraer jets from Brazil as well as used Airbus jets to expand his country's state airline Conviasa.

• Thursday, January 19th 2012 - 06:03 UTC

  “To all effects” Venezuela is fully integrated to Mercosur, says Uruguay

  

  “In practical terms Venezuela if fully integrated to Mercosur” said Uruguayan Foreign Affairs minister Luis Almagro during a meeting this week with foreign correspondents.

• Wednesday, January 18th 2012 - 05:19 UTC

  Chavez and Putin agree to defend independence and sovereignty of Syria and Iran

  

  The sovereignty of Syria and Iran should be defended against 'foreign interferences' and from the siege of ‘colonial powers’ Venezuela's President Hugo Chavez and Russian Prime Minister Vladimir Putin agreed during a telephone conversation, according to the Venezuelan Foreign Affairs ministry.

• Sunday, January 15th 2012 - 01:03 UTC

  Chavez pledges that if an opposition candidate wins, he will hand power

  

  Venezuela's Hugo Chávez said that if an opposition candidate wins this year's presidential election he will be the first to recognize the rival's victory and hand over power.

• Tuesday, January 3rd 2012 - 03:04 UTC

  Venezuela cuts Exxon-Mobil compensation payment from 908m to 255m dollars

  

  Venezuela's PDVSA said on Monday it will pay Exxon Mobil Corp 255 million dollars in compensation for nationalized assets, which is less than a third of what the US oil giant said it was awarded by an arbitration panel.

• Monday, January 2nd 2012 - 21:44 UTC

  Venezuelan economy expands 4% in 2010 and inflation reaches 27.6%

  

  Inflation in Venezuela during last year reached 27.6%, which is 0.7 percentage points more than in 2010, according to a preliminary report from Venezuela’s central bank. President Nelson Merentes said that the consumer prices index “was associated to the upwards pressure generated on wholesale prices by a greater dynamism from domestic aggregate demand”.