Venezuela

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.
Tuesday, October 15th 2013 - 17:58 UTC
Venezuelan retired officers justify ‘military action’ against Maduro and claim it’s not a coup d’état

A group of 45 Venezuelan retired top officers among which a dozen generals and admirals and a former defence minister have published an open statement in which they accuse the government of President Nicolas Maduro of having broken the country’s “constitutional thread” and thus support a military action which, they say “would not be a coup d’état’.
Sunday, October 13th 2013 - 11:57 UTC
Venezuela arrests oil-exploration vessel in disputed waters with Guyana

Guyana says the Venezuelan navy has entered its territorial waters and detained a US-operated ship. The government said the Venezuelan actions in the disputed Essequibo region constituted “a serious threat to peace in the region”.
Friday, October 11th 2013 - 13:28 UTC
Venezuela inflation soars to 49%; Maduro promises more dollars to help with imports

Venezuela's annual inflation rate rose to 49.4% in September, from 45.4% in August. Consumer prices increased 4.4% month-on-month, the central bank said, compared with 3.0% in August. It was the highest annual rate since the Venezuelan government changed the formula used to calculate the figure five years ago.
Thursday, October 10th 2013 - 02:34 UTC
Venezuela insists in re-establishing full relations with Paraguay, but legal obstacles remain

Venezuela and Paraguay need to re-establish full relations and overcome “all the obstacles that need to be overcome”, said Foreign minister Elías Jaua currently in Asunción, a special guest of his counterpart Eladio Loizaga.
Wednesday, October 9th 2013 - 05:46 UTC
Venezuelan minister invited to Paraguay: Mercosur and bilateral relations in the agenda

Venezuela Foreign minister Elias Jaua is expected Wednesday in Asuncion, a guest of the Paraguayan government to talk about bilateral relations, Mercosur and to advance in negotiations of common interest, according to sources from the administration of President Horacio Cartes.
Thursday, October 3rd 2013 - 06:54 UTC
Russian oil giant wants to sell stake in Orinoco project and get out of Venezuela

Lukoil, Russia's second-biggest oil producer wants to sell its stake in a Russian consortium developing a large oil project in Venezuela because it is not a high priority, Lukoil's head said on Wednesday.
Thursday, October 3rd 2013 - 06:48 UTC
US and Venezuela in reciprocating game of expelling diplomats

The United States has expelled Venezuela's top diplomat and two others, after Venezuela kicked out three U.S. diplomats it accused of plotting sabotage. The Caracas government criticized the US response, saying the Venezuelan diplomats had not been meeting with groups opposed to US President Barack Obama.