Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, August 6th 2025 - 11:35 UTC

Tag: Venezuela

  • Sunday, May 20th 2018 - 13:15 UTC

    Venezuela: Proselytism, pro-government advantage and hunger on the eve of the presidential election; the crisis gets worse

    IPYS denounces the abuse of resources and state assets in the electoral campaign, as information and propaganda prevails in state radio stations.

    A few hours before the presidential election of May 20 in Venezuela, which is not recognized by dozens of countries in the region and is classified as “fraud” by the opposition of that country, official statements and messages favorable to the candidate and current president , Nicolás Maduro, have flooded the programs of the open media in Venezuela, according to a report by the Press Institute and Venezuela Society (IPYS).

  • Saturday, May 19th 2018 - 09:38 UTC

    Trump imposes sanctions against the powerful Venezuela clan of Diosdado Cabello

    Cabello, 55, has long been considered the second-most powerful man in the country, after President Nicolás Maduro, who is running for re-election on Sunday.

    Two days before presidential elections in Venezuela, the Trump administration on Friday announced sanctions against a powerful governing party politician, accusing him of drug trafficking, extortion, money laundering and embezzling government money.

  • Friday, May 18th 2018 - 08:24 UTC

    Oil hits US$ 80, its highest level since 2014; London's FTSE on new all time-high

    Higher oil prices pushed the shares of energy firms in European stock markets higher, helping London's FTSE to set a new all-time high

    Benchmark oil contract Brent North Sea hit its highest level since late 2014 on Thursday, breaching US$ 80 per barrel, with some market players predicting it could rise all the way to US$ 100. Higher oil prices, in turn, pushed the shares of energy firms in European stock markets higher, helping London's FTSE to set a new all-time high, and the Paris CAC to establish a fresh 2018 peak.

  • Wednesday, May 16th 2018 - 08:53 UTC

    Kellogg pulls out of Venezuela. Maduro promises to hand control of the factory to workers

    Kellogg is the latest multinational to close or scale back operations in Venezuela, citing strict currency controls, a lack of raw materials and soaring inflation

    The United States based cereal maker Kellogg is pulling out of Venezuela because of the economic deterioration in the country. Workers said they were prevented from entering the plant in the central city of Maracay on Tuesday. The announcement comes ahead of Sunday's presidential elections.

  • Tuesday, May 8th 2018 - 08:32 UTC

    Pence calls on Maduro to suspend sham elections and asks OAS to suspend Venezuela

    “We call on Maduro to suspend the sham elections, and hold real elections,” the vice president told the gathering in Washington.

    US Vice President Mike Pence on Monday urged Venezuela to suspend a divisive May 20 election he denounced as a “sham,” as Washington slapped fresh sanctions on Nicolas Maduro's regime. In an address to the Organization of American States, Pence slammed the upcoming presidential vote -- boycotted by the opposition and branded illegitimate by much of the international community.

  • Tuesday, May 8th 2018 - 08:14 UTC

    Oil rises to US$ 70 a barrel, ahead of Trump's Tuesday decision on sanctions to Iran

    Trump said a decision on whether to remain in the Iran nuclear deal or to impose sanctions would be announced at 2:00 p.m. EDT (1800 GMT) on Tuesday

    Oil prices rose for the fourth straight day on Monday to hit levels not seen since late 2014, boosted by the latest trouble for Venezuelan oil company PDVSA and the possibility that the United States could re-impose sanctions on Iran.

  • Friday, May 4th 2018 - 08:49 UTC

    EU parliament demands Venezuela elections be 'immediate suspended'

    The head of European diplomacy, Federica Mogherini: “We ask for a review of the electoral calendar based on an agreed and credible calendar”.

    The European Parliament voted on Thursday for the immediate suspension of the presidential elections on May 20 in Venezuela, considering that they do not guarantee any credibility for their lack of transparency and inclusion. In this way, the body and the representative of the European Union (EU) for Foreign Policy, Federica Mogherini, call for the restructuring of an electoral agenda in which there are no outlawed candidates and the necessary electoral guarantees are fulfilled.

  • Saturday, April 28th 2018 - 11:10 UTC

    US oil company wins arbitration and Venezuela's PDVSA must pay US$ 2.04bn

    Conoco’s assets in Venezuela were expropriated in 2007 following a nationalization of the country’s oil industry led by late President Hugo Chavez.

    An international arbitration court has ordered Venezuela’s oil company PDVSA to pay ConocoPhillips US$ 2.04 billion for early dissolution of two joint ventures for producing oil in the OPEC-member country, the U.S. firm said.

  • Wednesday, April 25th 2018 - 15:17 UTC

    Repression and protests in Nicaragua do not mitigate: Daniel Ortega as Nicolás Maduro?

    “Damn the soldier who points his gun to his own people” is a phrase of Simón Bolívar used by Nicaraguans and Venezuelans demonstrators. RODRIGO ARANGUA / AFP

    “Ortega and Somoza are the same thing” protesters in Nicaragua yelled last week against the government of Daniel Ortega, after the announcement of a Social Security's reform that unleashed a wave of protests marked by repression and excessive use of force by the authorities. Human rights organizations have announced that at least 30 people have died in the demonstrations, including students, police and a journalist. This surprise wave of civil protests suggests comparing the crisis in the Central American country with the lived in the Venezuela of Hugo Chávez and Nicolás Maduro for years.

  • Monday, April 23rd 2018 - 09:35 UTC

    “Involuntary exodus” is forcing 10% of Venezuelan population to abandon their country

    UNHCR already estimates that this year the figure could more than double, even surpassing 3 million people, 10 percent of the total Venezuelan population.

    The Organization of American States Secretary General Luis Almagro has sent a message to the Venezuelan people that are experiencing an involuntary exodus, forced upon them by the growing economic and institutional degradation of the country. By the end of this year it is estimated that over 10% of the Venezuela population will have left the country.