Tag: Venezuela

Wednesday, September 19th 2018 - 08:11 UTC
China agreed to invest US$ 5bn in Venezuelan oil, alleges Maduro

Venezuelan President Nicolas Maduro said on Tuesday that new investments from China will help his country dramatically boost its oil production, doubling down on financing from the Asian nation to turn around its crashing economy.
Tuesday, September 18th 2018 - 08:44 UTC
Maduro's Turkish stake delight, shocks and infuriates hungry Venezuela

Venezuelan President Nicolas Maduro dined on expensive steak at a “Salt Bae” restaurant in Istanbul during a stop-off returning from a visit to China, drawing furor back home where millions struggle to get enough to eat and red meat is a rare luxury.
Friday, September 14th 2018 - 09:11 UTC
A Judge in Andorra has charged 29 Venezuela chavista officials with corruption

A judge in Andorra has charged 29 Venezuelans with corruption - among them two former deputy ministers. Prosecutors allege that they were part of a network of corrupt officials who received US$ 2.3bn in bribes from companies in return for lucrative contracts with Venezuela's state-run oil company, PDVSA.
Friday, September 14th 2018 - 08:50 UTC
Maduro in China after more financial support to prop Venezuela's collapsing economy and oil output

Venezuelan President Nicolas Maduro is travelling to China to discuss economic agreements, as the crisis-struck OPEC nation seeks to convince its key Asian financier to disburse fresh loans.
Tuesday, September 11th 2018 - 14:57 UTC
Hunger increases and affects 39 million people in Latin America

Hunger reached 821 million people in 2017 worldwide, of which about 39 million are Latin American, according to the UN Food and Agriculture Organization (FAO). The figure represents a deterioration of 6.1% in Latin America and the Caribbean compared to previous years and could be due to the economic slowdown in South America, especially marked by the case of Venezuela, the UN agency said on Tuesday.
Monday, September 10th 2018 - 18:15 UTC
Several dead in military complex amid revelations of coup plans in Venezuela

Eight alleged criminals were killed on Sunday at the most important military complex in Venezuela amid the revelations about plans for a coup supported by the government of the United States.
Friday, September 7th 2018 - 09:22 UTC
Latin American countries will receive Venezuelan migrants even with expired documents

Eleven Latin American countries say that they have agreed to allow Venezuelans leaving their homeland to enter their countries even if their travel documents have expired. More than 2.3 million Venezuelans have fled the country's hyperinflation and severe shortages, but many do not have valid passports because renewing them can take years.
Friday, September 7th 2018 - 09:12 UTC
United States describes Nicaragua's civil unrest a threat to the region's security

United States declared Nicaragua’s civil unrest a threat to the region’s security, saying government repression of protests risked creating an overwhelming displacement of people akin to Venezuela or Syria. More than 300 people have been killed and 2,000 injured in crackdowns by Nicaraguan police and armed groups in protests that began in April over an abortive plan by leftist President Daniel Ortega’s government to reduce welfare benefits.
Thursday, August 30th 2018 - 08:29 UTC
Migrants returning to Venezuela following Maduro's promise of jobs

A group of Venezuelan migrants has returned home from Peru at the expense of Nicolas Maduro's government. Facing an exodus from Venezuela, Maduro had proclaimed his countrymen “won't be slaves to anyone in the world.”
Tuesday, August 28th 2018 - 08:30 UTC
Exodus of Venezuelan migrants comparable to “Mediterranean refugees” events, says UN office

The exodus of migrants from Venezuela is building towards a “crisis moment” comparable to events involving refugees in the Mediterranean, the United Nations migration agency said.