Venezuela

Thursday, September 11th 2014 - 17:00 UTC
There are two Mercosur, but only the ideological one prevails

The original Mercosur is over; it has been reduced to a political block with a three member board, Brazil, Argentina and Venezuela, according to Demetrio Magnoli a renowned Folha de Sao Paulo columnist who added that the 'political' Mercosur has helped the Alliance of the Pacific to advance.
Wednesday, September 3rd 2014 - 06:29 UTC
“Our Chavez who art in heaven, the earth, the sea and we delegates,”, “hallowed be your name”

Members of Venezuela's Socialist Party have rolled out a variation of the classic Christian “Lord's Prayer” to implore beloved late leader Hugo Chavez for protection from the evils of capitalism.
“Our Chavez who art in heaven, the earth, the sea and we delegates,” red-shirted delegate Maria Estrella Uribe recited at the PSUV party Congress.
Saturday, August 30th 2014 - 07:10 UTC
Venezuela cheap oil and fuel shipments to allies fall to a five-year low

Venezuela’s shipments of crude oil and fuel to its allies have fallen to a five-year low as a weak economy hits its ability to uphold accords that former president Hugo Chávez struck to lower energy costs for friends and expand his diplomatic clout.
Tuesday, August 12th 2014 - 06:10 UTC
Venezuelan oil company begins operations with China’s Citic Bank

Venezuela’s state-run oil company PDVSA has started using China Citic Bank to collect money from crude and fuel sales instead of Portugal’s Banco Espirito Santo, according to media reports in Caracas.
Friday, August 8th 2014 - 08:31 UTC
IATA warns Venezuela it could be left isolated, if it doesn't pay airlines

The International Air Transport Association (IATA) has reminded the Venezuelan government that if it fails to settle debts with international airlines, the country would be isolated from the world; hence, the association urged Venezuela to reach agreements, and above all, to fulfill such agreements.
Thursday, July 31st 2014 - 07:29 UTC
US imposes travel restriction on a number of Venezuelan officials

The United States is imposing travel restrictions on a number of Venezuelan officials. Washington did not specify how many people would be affected, but said those “who have been responsible for or complicit in human rights abuses” would not be “welcome” in the US.
Tuesday, July 29th 2014 - 06:19 UTC
IATA claims from Venezuela the 4.1 billion dollars owed to airlines

The International Air Transport Association (IATA) called on the Venezuelan government to honor the commitment it made in March to permit airlines to repatriate in full and at fair exchange rates airline funds being blocked in the country.
Monday, July 28th 2014 - 07:30 UTC
Cash-short Venezuela considering the sale of its US downstream subsidiary

Venezuela's state-run oil company Petroleos de Venezuela SA (PDVSA) is considering offers to sell its U.S. downstream subsidiary Citgo, industry research group Argus Media reported on its website last Friday.
Monday, July 28th 2014 - 07:11 UTC
Dutch government releases former Venezuelan general retained on DEA request

The Dutch government released a former Venezuelan general who was detained on US drug charges when he arrived in Aruba to serve as his country's consul on the Dutch Caribbean island, sending him home Sunday night and defusing a diplomatic fight with its neighbor.
Saturday, July 26th 2014 - 07:05 UTC
Mercosur to consider forming an 'economic forum' with ALBA and Petrocaribe

Uruguay's president Jose Mujica will be attending the next Mercosur presidential summit scheduled for Tuesday, 29 July in Caracas, when the creation of an economic forum Mercosur/ALBA/PetroCaribe will for consideration as part of the agenda.