Following through on its threat, Venezuela's government announced on Wednesday it is quitting the Organization of American States, accusing the regional body of meddling in its internal affairs over weeks of political unrest. The step was taken just hours after violent clashes in Caracas between security forces and protesters during yet another march against the socialist government of President Nicolas Maduro.
The European Union and South American trade bloc Mercosur should intensify talks to reach a trade agreement this year, Spanish Prime Minister Mariano Rajoy said on Tuesday, urging haste after 18 years of negotiations.
Three people were killed in Venezuela on Monday in renewed violence, raising the death toll in three weeks of massive demonstrations against populist President Nicolas Maduro to 24, officials said. Several others were seriously injured and between life and death, said public defender Tarek William Saab.
Twelve more Venezuelans lost their lives on Friday in violence associated with a wave of anti-government demonstrations, including eight who died electrocuted when they came in contact with a 220 kV cable while looting a bakery. This brings up to 21 the number of fatalities since the new wave of protest started in early April.
Venezuela has donated US$500,000 to US President Donald Trump's inauguration, newly released records show. Citgo Petroleum, a US-based subsidiary of the Venezuelan state-owned oil company, is named in papers filed with the Federal Election Commission.
Venezuela's opposition renewed nationwide protests on Thursday to pressure President Nicolas Maduro to hold elections and improve a collapsing economy, and vowed to keep up pressure by staging three more protests in the next four days.
Venezuela's state-run oil company, PDVSA, sent a tanker in October to the Caribbean with the expectation that its cargo of crude would fetch about US$20 million - money the crisis-stricken nation desperately needs. Instead, the owner of the tanker, the Russian state-owned shipping conglomerate Sovcomflot, held the oil in hopes of collecting partial payment on US$30 million that it says PDVSA owes for unpaid shipping fees.
Two Venezuelan students died on Wednesday after being shot during protests against unpopular populist President Nicolas Maduro, increasing turmoil in the volatile nation amid a crippling economic crisis. Opposition supporters protested in Caracas and other cities in what they called the mother of all marches, denouncing Maduro for eroding democracy and plunging the oil-rich economy into chaos.
As Venezuela’s center-right opposition prepares to stage the mother of all marches this Wednesday to protest President Nicolas Maduro’s efforts to consolidate power, the besieged leader has called for a countermarch and declared plans to expand the country’s civilian militias.
Mercosur and Pacific Alliance foreign ministers are scheduled to meet this Friday in Buenos Aires, on an Argentine initiative to advance in a possible political and trade confluence with the prospect of a regional alliance in the near future. The controversial Venezuela case will also be on the table, but attendants have anticipated that they won't let this issue dominate the agenda or cast a shadow on the purpose of the summit.