Tag: Venezuela

• Tuesday, February 11th 2014 - 08:38 UTC

  Paraguay and Venezuela to discuss Mercosur summit delays and oil

  

  Mercosur summit delays and oil are two of the main issues the Paraguayan foreign minister Eladio Loizaga will address with his Venezuelan peer Elias Jaua, when he travels on Thursday to Caracas. Formally the event is a diplomatic reciprocity for Jaua's visit to Paraguay last 9 October, when the two countries re-established full relations.

• Thursday, February 6th 2014 - 05:06 UTC

  Venezuela business organizations will challenge in court latest measures by Maduro administration

  

  A leading Venezuelan businessman rejected a new presidential decree limiting the profit margins of companies, vowing to take the fight all the way to the country’s Supreme Court. The President of the Venezuelan Federation of Chambers of Commerce and Industry (Fedecámaras) Jorge Roig, announced he had the backing of his organization and other business leaders.

• Saturday, February 1st 2014 - 04:54 UTC

  Argentina among the least well-off economies in the region, says IMF

  

  The economies of Argentina and Venezuela are the least well-off in the region due to pressures on inflation, the balance of payments, and foreign exchange markets that developed last year, the International Monetary Fund warned.

• Wednesday, January 29th 2014 - 22:38 UTC

  Brazil can't be hostage of Argentina or Venezuela in Mercosur/EU trade negotiations

  

  The Brazilian government is determined to advance with negotiations for a trade agreement between Mercosur and the European Union even if it means leaving Argentina for a second phase of the process, according to sources from Itamaraty, the country's foreign ministry, reported in the Rio do Janeiro media.

• Tuesday, January 28th 2014 - 22:38 UTC

  Maduro wants Puerto Rico to join Celac, a territory 'free of colonies'

  

  President Nicolás Maduro described the current CELAC summit in Havana as historic and revealed Venezuela has proposed that the group's territories be considered 'free of colonies' and thus invites Puerto Rico to formally join Celac (Community of Latin American and Caribbean state).

• Sunday, January 26th 2014 - 12:06 UTC

  Maduro sets limits on company profits and prison terms for hoarding or over charging

  

  Venezuela decreed a new price control law that sets limits on company profits and establishes prison terms for those charged with hoarding or over-charging, part of populist President Nicolas Maduro's efforts to tame inflation.

• Monday, January 13th 2014 - 06:10 UTC

  Maduro names new cabinet but main ministries remain unchanged

  

  Venezuelan President Nicolás Maduro appointed seven new ministers. His announcement was made during an event with the Movement for Peace and Life. Venezuela has been shocked by the extent of crime and killings, which means according to private organizations stats that only two out of ten cases ever are caught and face trial.

• Saturday, January 11th 2014 - 06:30 UTC

  Airlines operating in Venezuela have 3.3bn dollars trapped by currency controls

  

  International airlines operating in Venezuela have 3.3 billion trapped because of currency controls, the International Air Transport Association, IATA, revealed. Airlines have to wait around 12 months for the government to convert their Bolivar earnings into dollars, with the time lag growing, according to the Venezuela Airline Association.

• Saturday, January 11th 2014 - 06:27 UTC

  Silent protest: thousands at funeral of ex-Miss Venezuela slain in an armed robbery

  

  Thousands of people attended the funeral of actress and former Miss Venezuela Monica Spear and her ex husband this Friday, in solidarity with the family of the couple that was slain this week in an armed robbery.

• Wednesday, January 8th 2014 - 05:48 UTC

  Venezuela's violent crime unstoppable: former beauty queen and husband shot dead

  

  Gunmen shot dead a former Miss Venezuela and her ex-husband in the South American nation, authorities said today. Monica Spear, 29, a soap opera actress, and Henry Berry, 39, died in an attempted robbery on the highway between Puerto Cabello and Valencia in central Venezuela.