Venezuela's Central Bank Friday reported April's inflation had reached 4.4% in April, according to the National Statistics Institute (INE). The new figures were significantly higher than the National Consumer Price Index (INPC) recorded in March but still notoriously better than 24.% from April 2021.
Following the announcement by the United States that the governments of Cuba, Nicaragua, and Venezuela were not going to be invited to June's Summit of the Americas in Los Angeles because they do not respect democracy, Argentina has urged it to review its stance.
Argentina is planning to upgrade its diplomatic ties with Venezuela after former President Mauricio Macri's decision in 2015 not to appoint an ambassador to Caracas.
Paraguay is making a statement as its stances on certain issues are being raised above circumstantial conditions that would advise against holding on no matter what to one's convictions.
Petroleos de Venezuela SA (PDVSA) CEO Asdrúbal Chávez has met in Caracas with Iran's Petroleum Minister Javad Owji to sign bilateral agreements between two countries heavily damaged by US-imposed sanctions.
Turkish Foreign Minister Mevlüt Çavuşoğlu Friday signed in Caracas a series of agreements between his country and Venezuela in areas such as financial economy, agriculture and fishing, tourism, sports, health and medicine, and education, it was announced.
Argentine President Alberto Fernández Monday stressed all countries needed to resume full diplomatic ties with Venezuela, which cannot survive on its own.
Venezuelan authorities Monday arrested a 72-year-old woman and her son for mocking President Nicolás Maduro in a Tik Tok video that went viral. They were charged with “incitement to hatred.”
Venezuela's economic authorities have reported one-digit monthly inflation once again for a country that had grown accustomed to astronomic figures. However, independent observers consider this data to be absurd.
Clear signs of support for Russian President Vladimir Putin are on display in the Venezuelan capital. A mural of him alongside the late Hugo Chávez Frías has been unveiled Monday in appreciation. Another mural of Argentine football legend Diego Armando Maradona is to be seen in Caracas not far off, it was reported.