United States corn exporters are concerned with the fact that Venezuela, one of their prime markets, is now a full member of Mercosur, which includes Brazil and Argentina two major exporting countries.
President Nicolas Maduro blamed Spiderman and other ‘idolized super heroes’ of US television cartoons for the growing youth crime in Venezuela, which has become one of the most violent countries in Latinamerica.
China’s hydrocarbons company Sinopec and Venezuela’s PDVSA (Petroleos de Venezuela SA) agreed investments to develop the Junin 1 oil field in the Orinoco oil strip, which will demand 14 billion dollars for a daily extraction of 200.000 barrels, said PDVSA president Rafael Ramírez currently in Beijing.
By Juan Francisco Alonso - El Universal - Venezuela is not only a full member of the bloc since July 2012, but it also holds the pro-tempore presidency. The entry into force of Venezuela's denunciation of the American Convention on Human Rights, which implies its withdrawal from the Inter-American Court of Human Rights (IACHR Court), breaches at least three regulations of Mercosur regional trade bloc.
While the world press decries plunging print readership and advertising revenue, newspaper editors in Venezuela are struggling with a much more fundamental problem: lack of newsprint.
Venezuela's annual inflation rate hit 45.4% in August, the central bank revealed this week, the highest in five years and the highest in the region, even as consumer price increases slowed from the previous month.
Mercosur parliament, Parlasur, resumed activities on Monday and the first thing it agreed on was to name a committee to help find a way out to the controversy between Paraguay and Venezuela. Although Venezuela holds the rotating chair of Mercosur, Paraguay refuses to acknowledge even its status as full member of the regional group.
Venezuela must immediately reverse its decision to withdraw from the American Convention on Human Rights and make a commitment to truly protect all individuals, Amnesty International said on Monday. The Venezuelan government’s decision will take effect on Tuesday 10 September. The withdrawal will leave Venezuelan citizens without the protection of the Inter-American Court of Human Rights.
The World Economic Forum Competitiveness report published last week shows Latinamerica is loosing ground in the world economy and the three countries which most plunged in the ranking in the last twelve months were: Venezuela, Argentina and Uruguay.
Venezuelan President Nicolas Maduro ended a one-day visit to Guyana on Saturday in a move that strengthens the relationship between the two countries that have had a long standing border dispute. The two countries have agreed to ask the Jamaica-born academic, Professor Norman Girvan to continue as the United Nations (UN) Good Officer as they seek to settle their border dispute.