
In view of the hyperinflation in their country, Venezuelans have developed “creative” forms of business.

Argentine president Mauricio Macri in Brasilia expressed full solidarity with the Venezuelan people, called for human rights respect and freedom for the political prisoners held by the regime of president Nicolas Maduro.

The Venezuelan government, through the first prosecutor of Vargas state and officers of the Autonomic Service of Identification, Migration and Foreign Affairs prevented the leaving of 130 children for Peru, where they were to meet with their parents last December 15.

The president of Venezuela, Nicolás Maduro, condemned the repression carried out by the Argentine security forces of president Mauricio Macri during the debate in Congress of the pensions' reform system, and underlined that the television reports from Buenos Aires called on him to work ever harder for the benefit of the people.

A video of the military operation and statements from the rogue officer are released through social media as the alleged resistance claims a small victory in what was dubbed “Operation Genesis.”

Venezuela has awarded licenses to a unit of Russian oil major Rosneft to develop two offshore gas fields, Rosneft said in a statement.Venezuelan President Nicolas Maduro signed the deal during a visit to Venezuela by Rosneft CEO Igor Sechin, it said.

Venezuela has pulled out of a partnership with Cuba in its Cienfuegos oil refinery and the Caribbean island has taken full ownership of the plant, Cuban state media said. Venezuela is grappling with an economic crisis that already forced it to slash cheap oil shipments to Cuba, which has had a knock-on effect on the island’s ailing economy.

Venezuela’s opposition received a European Union prize for human rights and urged the world to keep a close eye on an upcoming presidential election where it aspires to end two decades of socialist rule in the OPEC nation. Foes of President Nicolas Maduro failed to dislodge him during months of street protests this year that turned violent killing more than 125 people, and have been dismayed to see him consolidate his power in recent months.

President Nicolas Maduro announced Sunday that leading opposition parties will be barred from taking part in next year's presidential vote after they boycotted mayoral polls, in a move set to further consolidate his grip on power. That includes the groups of key figures who have led street protests against his rule such as Henrique Capriles, Leopoldo Lopez and others, Maduro told reporters after casting his vote in the municipal polls.

China Petroleum & Chemical Corp., the state-controlled oil company, is suing Petroleos de Venezuela SA in U.S. courts for unpaid bills. Sinopec, as the Chinese company is known, also filed a request for arbitration against PDVSA at the International Chamber of Commerce, as it alleges damages of at least $23.7 million, according to court papers.