Politics Hugo Chavez

  • The figure is nearly three times the $1.2 billion Venezuela plans to spend on imports of pharmaceuticals this year as dire shortages of medicines from anti-itch skin cream to chemotherapy drugs hit home. The crisis has forced Venezuela to sharply curtail such imports, adding to hardship for millions of people already struggling with triple-digit...

  • A protester gestures in front of police during an opposition march in Caracas, Venezuela, on Wednesday, May 11, 2016.

    Lufthansa has cancelled its flights to Venezuela in the latest sign of the country’s growing isolation and economic, social and political turmoil.

  • CARACAS, May 20- A teenage protester reads the constitution to Venezuelan soldiers blocking a march. Amid the melee on the front line of the latest protest in Caracas, the young soldiers' faces remain impassive. Venezuela's opaque but powerful military- a key power-broker in past unrest- is under increasing scrutiny as socialist President Nicolas Maduro...

  • Opponents to the government of Venezuelan President Nicolas Maduro demonstrate in front of a line of riot police in Caracas on May 11, 2016.

    The opposition leader accuses President Nicolas Maduro of "putting himself above the constitution" by imposing emergency powers, the BBC reports.

  • SAN CRISTOBAL, Venezuela, May 13- Mobs in Venezuela have stolen flour, chicken and even underwear this week as looting increases across the crisis-hit OPEC nation where many basic products have run short. But as more end up empty-handed and black market prices soar, plundering is rising in Venezuela, already one of the world's most violent countries.

  • CARACAS, May 4- Just over one in four Venezuelans approves of President Nicolas Maduro's governance as a crippling economic crisis weighs on the leftist leader, according to a leading pollster. While low compared with his charismatic mentor and predecessor, Hugo Chavez, Maduro's popularity remains above that of neighboring presidents including Colombia's...

  • CARACAS, April 30- Venezuela's President Nicolas Maduro on Saturday night increased the country's minimum wage 30 percent, amid rampant inflation that has destroyed purchasing power in the crisis-hit country. As of May 1, the minimum wage will jump to 15,051 bolivars per month- $1,505 at the strongest official exchange rate but just $13.50 at the black market...

  • CARACAS/ MARACAIBO, April 27- Venezuela's opposition began a signature drive on Wednesday seeking a referendum to remove President Nicolas Maduro as sporadic looting and protests over the economic crisis were reported. In Venezuela's second city Maracaibo, in the oil-producing western state of Zulia, authorities reported at least 30 small protests on...

  • CARACAS/ MARACAIBO, April 27- Venezuela's opposition began a signature drive on Wednesday seeking a referendum to remove President Nicolas Maduro as sporadic looting and protests over the economic crisis were reported. In Venezuela's second city Maracaibo, in the oil-producing western state of Zulia, authorities reported at least 30 small protests on...

  • CARACAS, April 26- Venezuela's elections council on Tuesday agreed to give opposition leaders a document allowing them to begin the process of seeking a referendum to remove President Nicolas Maduro, who is facing criticism over a deepening economic crisis. "Today we took a first step to begin the recall of Maduro," opposition deputy Elias Matta tweeted.

  • PUERTO CABELLO, Venezuela/ LONDON, April 22- V enezuelan state agencies have run up close to $1 billion in debts with shipping firms due to delays in returning containers, potentially boosting the cost of importing staple goods as the country struggles with product shortages and an economic crisis. The debts have piled up over the last six years, coinciding with a...

  • CARACAS, April 14- Venezuela said on Thursday that a $1.4 billion award to Canada's Crystallex International Corp for the expropriation of a mining project was "unfair and disproportionate." The World Bank's International Centre for Settlement of Investment Disputes this month ordered Venezuela to pay the sum as compensation for expropriating the Las...

  • April 5- A World Bank tribunal has ordered Venezuela to pay damages of nearly $1.4 billion to Crystallex International Corp, a Canadian mining company, as compensation for expropriating the miner's Las Cristinas mining project, Crystallex said on Tuesday. The award, worth $1.386 billion, was released on Monday by the World Bank's International Centre for...

  • CARACAS, April 1- Venezuela will reduce power generation if the key Guri dam, which supplies around half of the blackout-hit country's electricity, falls below a minimum level that is fast approaching, an official said on Friday. The massive Guri dam in Venezuela's central jungle is now at just 244 meters- its lowest level ever and just 4 meters from a critical...

  • Thousands of people cheered Obama's motorcade as it made its way along Buenos Aires' tree-lined boulevards, handing the U.S. leader a friendlier reception than his predecessor George W. Bush, whose presence at a Summit of the Americas in 2005 was met with protests and snubbed by the-then President Nestor Kirchner. Obama's visit represents "a 180 degree turn in...

  • CARACAS, March 22- Venezuela exported about 443 million Swiss francs worth of gold to Switzerland in February, data showed on Tuesday, as the South American country's central bank carried out swaps to receive cash due to a biting economic crisis. Details of the data published by the Swiss customs bureau were not immediately clear, though Venezuela's central...

  • CARACAS, March 8- Venezuela's opposition alliance launched a campaign on Tuesday to oust President Nicolas Maduro, vowing to hold protest rallies and push for both a recall referendum and constitutional amendment to end his presidency. Hungry for power after 17 years of socialist rule begun by the late Hugo Chavez, Venezuela's opposition capitalized on...

  • CARACAS, March 8- Venezuela's opposition alliance launched a campaign on Tuesday to oust President Nicolas Maduro, vowing to hold protest rallies and push for both a recall referendum and constitutional amendment to end his presidency. Hungry for power after 17 years of socialist rule begun by the late Hugo Chavez, Venezuela's opposition capitalized on...

  • CARACAS, March 3- Venezuela's opposition huddled on Thursday to choose a mechanism to try and oust socialist President Nicolas Maduro, with a recall referendum, constitutional change or street campaign to demand his resignation among the options. Out of power for 17 years since the late socialist leader Hugo Chavez took power, the opposition won control of the...

  • Opposition students shout slogans while they take part in a rally against President Nicolas Maduro's government on University Student Day.

    Venezuela, its economy shattered, increasingly looks like a powder keg as its parliamentary elections draw near.