Venezuela

Friday, November 1st 2013 - 21:36 UTC
Dollar-short Venezuela creates new exchange rate system for arriving tourists

Venezuela will create a new exchange rate for tourists to buy up to US$10,000 of the local Bolivar currency per year in a measure intended to help reduce black market trading, the government said in its official gazette.
Friday, November 1st 2013 - 21:17 UTC
Paraguayan congress should vote Venezuela's incorporation to Mercosur before December summit

Foreign minister Eladio Loizaga revealed that the Paraguayan congress must first approve Venezuela's protocol of incorporation to Mercosur before the country can attend the coming bloc's summit scheduled for next 17 December in Caracas.
Thursday, October 31st 2013 - 21:35 UTC
Mercosur calls special meeting in November to consolidate trade proposal before the EU

Mercosur will be holding a special meeting of foreign ministers next 15 November in Caracas to consolidate “Mercosur presentation before the European Union”, according to a release from the Argentine Foreign ministry.
Wednesday, October 30th 2013 - 07:22 UTC
In a further step to normalize relations Paraguay names new ambassador to Venezuela

Paraguay has named veteran diplomat Enrique Jara as new ambassador in Venezuela, giving a further step towards the full normalization of relations that had been interrupted since July 2012 when the two countries expelled their respective accredited staff.
Friday, October 25th 2013 - 14:21 UTC
Guyana-Venezuela: The consequences of ideology and avarice

By Sir Ronald Sanders - BRIDGETOWN, Barbados - The internal politics of Venezuela is playing a big part in the sudden deterioration of that country’s relations with its smaller neighbor Guyana after a period of steady improvement.
Friday, October 25th 2013 - 14:07 UTC
Feeling unhappy, try Orwellian Venezuela: Maduro creates the “Supreme Happiness” office

Venezuelan President Nicolas Maduro announced the creation of the “Supreme Happiness Under Secretary” to address social debt shortcomings and which was in honor of the late Commandant and president Hugo Chavez and the country's liberator, Simon Bolivar.
Monday, October 21st 2013 - 06:21 UTC
Venezuela clamps down on 'currency tourism' with random checks at airports

The 'dollar-scarce' Venezuelan government is trying to clamp down on what it calls “currency tourism” with random checks of passengers leaving the country. The officials at the country's main airports are not guards or police but bureaucrats at state currency board Cadivi investigating whether travelers' documents match their requests for hard-to-get dollars.
Monday, October 21st 2013 - 06:03 UTC
Inspirator of Venezuelan Socialism anticipates Maduro won't make it to April 2014

The man credited with pioneering the idea of 21st Century socialism, which was championed and put into application in Venezuela under Hugo Chávez, recently made a damning condemnation of current Venezuelan President Nicolás Maduro.
Wednesday, October 16th 2013 - 08:22 UTC
Venezuela third largest city mayor arrested for corruption; Maduro asks for special powers

State security agents have arrested the mayor of Venezuela's third-largest city for alleged corruption after President Nicolas Maduro asked lawmakers to grant him decree powers he says he needs to fight graft.
Tuesday, October 15th 2013 - 18:04 UTC
Venezuela releases oil exploration vessel detained in disputed Guyana waters

The owners of a US-operated oil ship which was detained by the Venezuelan navy on Thursday say the vessel has been released. The Venezuelan navy had boarded the Teknik Perdana on Thursday in disputed waters off the coast of Guyana and sailed it to Venezuela's Margarita Island.