Tag: Venezuela

• Monday, January 24th 2011 - 18:49 UTC

  Thousands March In Venezuela

  

  Thousands of Venezuelans took to the streets on Sunday, allies and adversaries alike, marking the 53rd anniversary of Venezuela’s democracy. Opposition supporters met in one part of Caracas, chanting anti-government slogans and waving Venezuelan flags and calling Chavez a despot and claiming he is amassing power and cracking down on dissent.

• Saturday, January 22nd 2011 - 07:02 UTC

  Oil Price in Venezuela at Two Year High

  

  Figures released by the Venezuelan Ministry of Energy and Petroleum said the average price of crude oil sold by Petroleras de Venezuela (PDVSA) rose this week to U$ 86.79 up from U$ 85.987 last week.

• Monday, January 17th 2011 - 17:32 UTC

  Venezuela's Oil Reserves Surpass Those of Saudi Arabia

  

  Venezuela's president Hugo Chavez announced that his country's oil reserves total 217 barrels, topping Saudi Arabia's and making them the largest in the world.

• Thursday, January 6th 2011 - 21:08 UTC

  Second contraction year for Venezuela; 2% expansion forecasted in 2011

  

  Venezuela’s economy contracted 1.9% 2010, marking a second year of recession according to a release from the Central Bank. The economy shrank 3.3% in 2009, but President Hugo Chavez's government said the country is now pulling out of recession and on course for 2% growth in 2011.

• Monday, January 3rd 2011 - 05:11 UTC

  Venezuelan currency devalued again

  

  Venezuelan government devalued its bolivar currency for the second time in 12 months on Thursday, abolishing the lowest exchange rate as the Opec member fights to revive its economy. Intended to spur local production in the largely import-dependent nation, the announcement followed a central bank estimate that the economy contracted 1.9 percent during 2010 - Venezuela's second straight year of recession.

• Thursday, December 30th 2010 - 05:42 UTC

  US withdraws Venezuela envoy's visa

  

  Decision to revoke visa for Venezuela's ambassador to Washington follows rejection of US choice for Caracas.

• Wednesday, December 22nd 2010 - 05:24 UTC

  President Chavez extends broadcast media clamp to the internet

  

  Venezuelan lawmakers have imposed broadcast-type regulations on the internet, barring some types of online messages under measures that opponents say are a threat to freedom of speech.

• Monday, December 20th 2010 - 18:40 UTC

  Full powers for Venezuelan president Chavez for the next 18 months

  

  Venezuelan President Hugo Chavez was granted decree powers to pass laws without congressional authorization for the next 18 months, after pro- government lawmakers extended the period from the originally proposed 12 months at the last minute. This means he will have special powers until six months before the next presidential election in 2012 when he anticipated he expects to run.

• Monday, December 20th 2010 - 16:36 UTC

  Paraguayan Senators put a price on Venezuela’s incorporation to Mercosur

  

  Paraguayan senators reiterated that given certain conditions and political agreements they are prepared to vote for Venezuela’s incorporation to Mercosur as full member.

• Monday, December 20th 2010 - 05:09 UTC

  Uribe willing to accept US military forces fearing an attack from Venezuela

  

  Former Colombian President Alvaro Uribe considered allowing the U.S. military access to Colombian bases as a way to deter possible Venezuelan attacks, a leaked cable from then-Ambassador to Bogotá William Brownfield says.