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Venezuela News

US blasts Maduro move to sideline opposition

Caracas - The United States accused Venezuela's President Nicolas Maduro Monday of a dictatorial bid to wipe his opponents of the political map following his latest poll victory, after he declared the main opposition cannot take part in next year's presidential ...

Venezuelan leader says no to opposition in presidential race

Caracas - Venezuela's President Nicolas Maduro announced Sunday that leading opposition parties will be barred from taking part in next year's presidential vote after they boycotted mayoral polls, in a move set to further consolidate his grip on power.

Polls open as Venezuelan president eyes wins in local votes

Caracas - Venezuelans headed to the polls Sunday for mayoral elections in which an opposition boycott and voter enthusiasm undercut by economic crisis give President Nicolas Maduro's party a clear path to victory.

Venezuela in new defaults on two bonds: ratings agency

Caracas - Crisis-wracked Venezuela has defaulted on two bonds, failing to make a $183 million coupon payment, ratings agency S&P said Friday.

Maduro's socialists set for mayoral poll win in Venezuela

Caracas - Venezuela's President Nicolas Maduro is set for the latest in a sweep of poll victories in mayoral elections on Sunday, with the opposition showing little sign they can prevent his re-election next year.

Venezuela's UN ambassador says resigning at Maduro's request

Caracas - Caracas' ambassador to the United Nations, Rafael Ramirez, said in a letter released Tuesday he was standing down at the request of Venezuela's President Nicolas Maduro, as a feud between the two worsened.

Venezuela creating digital currency amid financing crisis

Caracas - Venezuela is creating a digital currency to combat a financial blockade by the United States, President Nicolas Maduro announced Sunday.

'Advances' but no deal after Venezuela rivals talk

Santo Domingo - Venezuela's government and opposition made "significant advances" in the latest talks aimed at resolving the country's crushing economic and political crisis, they said Saturday after two days of meetings in the Dominican Republic.

Venezuela rivals begin new crisis negotiations bid

Santo Domingo - President Nicolas Maduro's leftist government and the main opposition coalition resumed talks in the Dominican Republic Friday, aimed at resolving Venezuela's crushing economic and political crisis.

Venezuela arrests former oil bosses in corruption purge

Caracas - Venezuela's military on Thursday arrested the country's former oil minister and the ex-chief of state oil company PDVSA after both men were sacked as part of an anti-corruption crackdown.

Venezuela arrests former oil bosses in corruption purge

Caracas - Venezuela's military on Thursday arrested the country's former oil minister and the ex-chief of state oil company PDVSA after both men were sacked as part of an anti-corruption crackdown.

Venezuela's Maduro to seek 2nd term in 2018: vice president

Caracas - Venezuela's President Nicolas Maduro -- who is battling a crippling economic crisis in his oil-rich, cash-poor nation -- will seek re-election next year, Vice President Tareck El Aissami said Wednesday.

General named to head debt-ridden Venezuelan oil company

Caracas - Venezuela's President Nicolas Maduro on Sunday named a general to head debt-ridden PDVSA and ordered a "total restructuring" at the state oil giant, in a move that emphasized military support for his regime.

Venezuela government distributes medicine amid shortage

Caracas - Venezuela launched a program Saturday to hand out medicine to 35,651 patients, blaming US sanctions for a shortage, even as doctors say 95 percent of all drugs are missing.

Venezuela: PDVSA makes payments on $233 million debt

Caracas - Venezuela's state-owned oil firm PDVSA said Friday it has started to repay $233 million in interest on two bonds nearing default, days before the end of the 30-day grace period.

Caracas mayor asks for political asylum in Spain

Madrid - The mayor of Caracas, a staunch opponent of Venezuela's President Nicolas Maduro, has applied for political asylum in Spain after fleeing to Madrid over the weekend, the Spanish government said Friday.

Chavez cousin to lead Citgo, PDVSA's arm in US

Caracas - Venezuelan President Nicolas Maduro on Wednesday named Asdrubal Chavez -- a cousin of late leader Hugo Chavez -- to lead Citgo, the state oil company's US affiliate.

Venezuela arrests six top executives from PDVSA's US subsidiary Citgo

Caracas - Venezuela on Tuesday arrested the acting president and five other top executives in charge of Citgo, the US refinery subsidiary of troubled state oil company PDVSA, on corruption charges.

In Madrid, Caracas mayor vows to fight Venezuela regime

Madrid - The mayor of Caracas, a staunch opponent of Venezuela's President Nicolas Maduro who fled to Spain over the weekend, vowed Monday to battle against the president's regime, warning him to "get ready".

Ousted Caracas mayor arrives in Madrid after fleeing house arrest

Madrid - The former mayor of Caracas, a staunch opponent of Venezuela's President Nicolas Maduro, arrived in Madrid early Saturday after escaping house arrest and fleeing to Colombia.

Ousted Caracas mayor flees house arrest, heads to Madrid

Bogota - Fugitive Caracas mayor Antonio Ledezma, a key opponent of President Nicolas Maduro, traveled to Madrid on Friday after escaping house arrest in the Venezuelan capital.

Venezuela suffers another blow as PDVSA declared in default

New York - Crisis-plagued Venezuela suffered another blow Thursday as a committee of creditors ruled that state oil company PDVSA has defaulted on its debt, a decision that triggers payment of default insurance to investors.

Creditors rule Venezuela state oil firm PDVSA in default

New York - A committee of creditors on Thursday ruled that Venezuelan state oil company PDVSA has defaulted on its debt, a decision that triggers payment of default insurance to investors and deals another blow to the oil-rich but cash-poor nation.

Venezuela's ex-prosecutor urges ICC to probe Maduro

Den Haag - Venezuela's former attorney general urged the International Criminal Court on Thursday to launch an investigation into alleged abuses of murder and torture by the leaders of the crisis-hit country.

PDVSA, Venezuela's oil gem far from its golden age

Caracas - A pillar of Venezuela's economy, PDVSA was in its heyday one of the five top oil companies on the planet.

Venezuela payments could alter default grade; not outlook: S&P analyst

Washington - If the crisis-stricken Venezuelan government manages to scrape together funds to make payments on its delinquent bonds, that would change the default designation but not the nation's prospects, a top ratings agency told AFP on Wednesday.

Ecuador VP indicted in Odebrecht case

Quito - Ecuador's Vice President Jorge Glas and 12 others were indicted Tuesday for unlawful association in the giant corruption case involving Brazilian constructor Odebrecht.

Venezuela 'selective default' declared, govt insists it is paying up

Caracas - Venezuela and the jewel of its petroleum-dependent economy, state oil company PDVSA, were declared in partial default by ratings agencies Tuesday, but the government insisted it was in the process of paying up.

Venezuelan officials arrested for graft in state oil company

Caracas - Venezuelan police have arrested a deputy minister and nine officials from state oil company PDVSA for allegedly doctoring crude production figures, the state prosecutor's office said Monday.

US slams Venezuela at UN meeting boycotted by Russia, China

New York - US Ambassador Nikki Haley on Monday slammed Venezuela as an "increasingly violent narco-state" that poses a threat to world security at a UN meeting boycotted by Russia and China.
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View of Downtown Caracas from Mount Avila
View of Downtown Caracas from Mount Avila
G. Rodríguez
Empty stores shelves in Venezuela are now a fact of life as economic collapse seems right around the...
Empty stores shelves in Venezuela are now a fact of life as economic collapse seems right around the corner.
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Untitled
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US Navy Commander Robert S. Kerno (left) points out some sights to the President of Venezuela  Hugo ...
US Navy Commander Robert S. Kerno (left) points out some sights to the President of Venezuela, Hugo Chavez.
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Venezuela has announced power cuts from next week – plunging people into darkness for four hours e...
Venezuela has announced power cuts from next week – plunging people into darkness for four hours each day as the crisis-hit country grapples with a drought that has limited energy production.
YouTube
Access road to Amuay Refinery  Venezuela. Tank picture of Hugo Chávez reads:  Of course we can!
Access road to Amuay Refinery, Venezuela. Tank picture of Hugo Chávez reads: "Of course we can!"
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Venezuela s President Nicolas Maduro (C) talks to supporters during a meeting at Plaza Bolivar in Ca...
Venezuela's President Nicolas Maduro (C) talks to supporters during a meeting at Plaza Bolivar in Caracas December 8, 2013
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Mount Roraima, Venezuela
CIA
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Ivian Sarcos, Miss Venezuela is the Miss World 2011
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Guatire, Mirandha, Venezuela
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Late Venezuelan president Chavez remembered worldwide
Late Venezuelan president Chavez remembered worldwide
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Venezuelan president Hugo Chavez returns from Cuba where he received chemo treatments.
Miraflores Presidential Press Office
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Caracas, Venezuela in 2013
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Peaceful protestors demonstrating in Caracas, Venezuela.
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Protesters demonstrate in front of the White House in Washington  DC  on May 9  2014  urging US Pres...
Protesters demonstrate in front of the White House in Washington, DC, on May 9, 2014, urging US President Barack Obama to impose sanctions on those responsible for human rights abuses against anti-government protesters in Venezuela
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Venenzuelan president Hugo Chávez with Perú's new leader Ollanta Humala (right)
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Fidel Castro and Venezuela President Hugo Chavez.
Fidel Castro and Venezuela President Hugo Chavez.
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Venezuela turned its border with Colombia militarized on August 20, right after President Nicolas Maduro announced its closure for 72 hours over an allegedly paramilitary attack that left three military officers and one civilian wounded.
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President Maduro gave a rousing speech to his military before they were deployed across the country ...
President Maduro gave a rousing speech to his military before they were deployed across the country on Saturday to begin a "military exercise."
teleSur English

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