Venezuelan President Hugo Chavez said Monday he had his full faculties after an operation in Cuba and was still managing government affairs despite being ordered to rest for several days more.
The Paraguayan Senate approved the Unasur, Union of South American Nations charter and treaty which were signed by the Executive in May 2008. The next step is in the Lower House which will then formalize Paraguay’s full membership of the group.
Venezuela’s government giant oil corporation sacked half its board of directors Thursday after PDVSA ’s pension fund lost about 500 million US dollars in a Ponzi scheme linked to a Connecticut-based investor.
United States announced new sanctions on Venezuela's state oil company PDVSA and six other smaller oil and shipping companies for engaging in trade with Iran in violation of a US ban.
Peruvian outgoing president Alan García said on Sunday that the days of rivalry and fights with his peer Hugo Chavez are over and admitted he’s quite fond of the Venezuelan president whom he considers a man “respectful of institutions and power”.
Lawmakers from the European Union and Latin America meeting in Uruguay approved two resolutions on the lack of freedoms in Cuba and on the coming electoral process in Venezuela.
A power fault hit Venezuela's main refinery centre on Thursday, stopping the 310,000 barrel-per-day Cardon facility and partially halting the 645,000-bpd Amuay installation, a source at state oil company PDVSA said.
The ability of Colombia’s largest insurgent group, the Revolutionary Armed Forces of Colombia – People’s Army (FARC), to rely on cross-border sanctuaries has long been key to its survival, according to the International Institute for Strategic Studies.
Venezuela restored early Tuesday 90% of power knocked out by a blackout Monday that hit 10 states in the western part of the country. This is the second major power failure in just over a month.
While for the Venezuelan government Mercosur has become the main priority following its recent exit from the Community of Andean Nations, CAN, the country’s private sector claims it is the worst moment possible for such a move.