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Politics Hugo Chavez

  • loomed@ HOUSTON/ CARACAS, March 24- A gasoline shortage in OPEC member Venezuela was exacerbated by an increase in government-sanctioned fuel exports to foreign allies and an exodus of crucial personnel from state-run energy company PDVSA, according to internal PDVSA documents and sources familiar with its operations. Leftist-run Venezuela sells its...

  • MEXICO CITY/ WASHINGTON, March 23- A group of 14 nations urged Venezuela on Thursday to hold elections and release "political prisoners," in a joint statement that kept open the option of seeking to suspend the South American country from the Organization of American States. The statement, which Mexico's Foreign Minister Luis Videgaray said was aimed at...

  • MEXICO CITY/ WASHINGTON, March 23- A group of 14 nations on Thursday urged Venezuela to hold elections and release "political prisoners," in a joint statement that kept open the option of seeking to suspend the South American country from the Organization of American States. The statement, which Mexico's Foreign Minister Luis Videgaray said was aimed at...

  • MEXICO CITY, March 23- A group of 14 nations on Thursday urged Venezuela to hold elections and release political prisoners, in a joint statement that kept open the option of seeking to suspend the South American country from the Organization of American States. The statement, which Mexico's Foreign Minister Luis Videgaray earlier in the day described as aimed...

  • Ray Dalio, Bridgewater Associates

    A team at Bridgewater Associates, the $150 billion hedge fund Dalio founded, published a 61-page paper on it Wedenesday.

  • CARACAS, March 21- Venezuela has stopped publishing money supply data, depriving the public of the best available tool to ascertain soaring inflation in one of the world's worst-performing economies. In contrast, neighboring Colombia's M2 was up 7 percent in the same period and the United States' was up 6 percent. "If they are not publishing, you know it must be...

  • CARACAS, Venezuela— For the past 25 years, after he immigrated penniless to Venezuela from Portugal, Eduardo Dos Santos has personally taken care of the loyal clients at Mansion's Bakery. But now the downtown Caracas corner store is in the hands of die-hard socialists, and Dos Santos is at least temporarily out of a job, as a result of the latest attempt by the...

  • Venezuela's economic turmoil has placed in limbo that country's participation in a free heating oil program run by a Massachusetts- based nonprofit that has helped hundreds of thousands of people, signaling that the program may be kaput. This marks the second consecutive winter that Venezuela's Citgo Petroleum Corp. has not contributed to the "Joe-4-Oil"...

  • CARACAS/ HOUSTON, March 16- Venezuelan state oil company PDVSA has offered Russian counterpart Rosneft a stake in a joint venture in the country's Orinoco Belt extra-heavy crude area, five industry sources said, in a sign of the Latin American nation's dire economic situation and Moscow's growing muscle there. A deal would have California- based Chevron...

  • CARACAS, March 14- The head of the Organization of American States on Tuesday said that crisis-wrought Venezuela should be suspended from the regional diplomatic body if it does not hold general elections "as quickly as possible." Luis Almagro, secretary general of the OAS and a former foreign minister of Uruguay, stressed that elections are key to allowing...

  • CARACAS, March 14- The head of the Organization of American States on Tuesday said that crisis-wrought Venezuela should be suspended from the regional diplomatic body if it does not hold general elections "as quickly as possible." Luis Almagro, secretary general of the OAS and a former foreign minister of Uruguay, stressed that elections are key to allowing...

  • CARACAS, March 9- A World Bank tribunal's order for Venezuela to pay $1.4 billion in damages to Exxon Mobil Corp over nationalizations has been annulled, a lawyer for the Venezuelan government said on Thursday. Venezuela had challenged the 2014 award with various arguments, including that a previous decision from Paris- based International Chamber of...

  • CARACAS, March 9- A World Bank tribunal's order for Venezuela to pay $1.4 billion in damages to Exxon Mobil Corp over nationalizations has been annulled, a lawyer for the Venezuelan government said on Thursday. Venezuela had challenged the 2014 award with various arguments, including that a previous decision from Paris- based International Chamber of...

  • CARACAS/ HOUSTON/ NEW DELHI, March 8- Venezuela's state-run oil company, PDVSA, has spent at least a decade trying to build business ties and boost shipments to refineries in India, where crowds once welcomed the late socialist leader Hugo Chavez with cries of "Viva!" Venezuela has given up the fight for coveted market share in India because of a combination of...

  • Lopez Obrador, frontrunner in polls for the 2018 race, fought the overhaul of Mexico's state-run energy sector by the current government, saying the move to open the industry to private producers was anti-constitutional. A Lopez Obrador victory in 2018 could complicate Mexico's relations with top trade partner the United States and U.S. oil companies that...

  • CARACAS, Feb 17- Venezuela's government is pushing forward with measures that could exclude some opposition political parties from future elections, potentially paving the way for the ruling Socialists to remain in power despite widespread anger over the country's collapsing economy. Socialist Party officials scoff at the complaints.

  • CARACAS, Feb 17- Venezuela's government is pushing forward with measures that could exclude some opposition political parties from future elections, potentially paving the way for the ruling Socialists to remain in power despite widespread anger over the country's collapsing economy. Socialist Party officials scoff at the complaints.

  • GUAYAQUIL/ QUITO, Ecuador, Feb 16- An ally of Ecuador's leftist President Rafael Correa and a conservative ex-banker are battling to become the next president in Sunday's election in the face of corruption scandals and a lackluster economy. A Lasso victory would intensify the return of the right in South America, where Argentina, Brazil and Peru have all shifted...

  • CARACAS, Feb 16- On a recent Sunday morning, several hundred Catholic worshippers were at Mass inside a hillside church of a poor Caracas neighborhood when there was a sudden commotion at the back. "Some people were scared, obviously, but no one was hurt," recounted Luis Arias, 67, a catechism teacher at the San Pedro Claver church in the "23 De Enero" community, long an...

  • CARACAS, Feb 16- On a recent Sunday morning, several hundred Catholic worshippers were at Mass inside a hillside church of a poor Caracas neighborhood when there was a sudden commotion at the back. "Some people were scared, obviously, but no one was hurt," recounted Luis Arias, 67, a catechism teacher at the San Pedro Claver church in the "23 De Enero" community, long an...