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Hugo Chavez

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  • Clorox exits Venezuela citing govt restrictions Monday, 22 Sep 2014 | 9:13 AM ET

    OAKLAND, Calif.— Clorox is shutting down all operations in Venezuela, citing restrictions by the government, supply disruptions and economic uncertainty.

  • HOUSTON, Sept 22- The fast-changing nature of crude oil flows in the Americas means only one of three Citgo refineries in the United States will generate keen interest among buyers as Venezuela's cash-strapped state-run PDVSA looks to sell its U.S. unit, and it may fetch less money than hoped, experts say.

  • Popular Venezuelan cartoonist fired over drawing Thursday, 18 Sep 2014 | 12:22 PM ET

    CARACAS, Venezuela— A popular cartoonist said she lost her job over her representation of the late Hugo Chavez's iconic signature as a flat-lined heartbeat to dramatize Venezuela's health care crisis. More recently however, as Venezuela's economic crisis has deepened, medical supplies and medicines have disappeared, putting lives at risk.

  • CARACAS, Sept 16- Buses across jungle borders, boats through Caribbean waters and private flights from small airfields have become a new norm for departing Venezuela as a multi-billion dollar pay dispute turns the country into something of a' no-fly' zone.

  • Venezuela's newest shortage: breast implants Monday, 15 Sep 2014 | 12:03 AM ET

    CARACAS, Venezuela— Venezuela's chronic shortages have begun to encroach on a cultural cornerstone: the boob job. "The women are complaining," said Ramon Zapata, president of the Society of Plastic Surgeons. Only the U.S., Brazil, Mexico and Germany— all with significantly larger populations— saw more procedures.

  • CARACAS, Sept 11- Venezuela said on Thursday it would extend an overnight closure of its border with neighboring Colombia for another three months in a campaign to stop widespread fuel and food smuggling. Venezuela's gasoline is the cheapest in the world at less than two U.S. cents per liter.

  • CARACAS, Sept 11- Venezuela said on Thursday it would extend an overnight closure of its border with neighboring Colombia for another three months in a campaign to stop widespread fuel and food smuggling.

  • CARACAS, Sept 11- President Nicolas Maduro said Venezuela could meet all its obligations to bondholders, as he sought to quell market fears that the Socialist-run country may opt to default when $5 billion of its foreign debt falls due for repayment next month.

  • CARACAS, Sept 10- President Nicolas Maduro said Venezuela could meet all its obligations to bondholders, as he sought to quell market fears that the Socialist-run country may opt to default when $5 billion of its foreign debt falls due for repayment next month.

  • Long-delayed data show Venezuela inflation rising Tuesday, 9 Sep 2014 | 9:49 PM ET

    CARACAS, Venezuela— Venezuela's central bank has acknowledged what anyone watching the prices on the shelves already knew: The South American country's inflation rate is continuing its upward march. That means something that cost $1 a year ago would cost about $1.63 today.

  • CARACAS, Sept 3- President Nicolas Maduro has reshuffled his cabinet in a bid to boost his popularity but shows no sign of revamping Venezuela's troubled economy, meaning prospects of gasoline price hikes and a unification of Byzantine currency controls have dimmed.

  • CARACAS, Sept 3- Venezuelan President Nicolas Maduro has reshuffled his cabinet in a bid to boost his popularity but shows no sign of revamping the troubled economy, meaning prospects of gasoline price hikes and a unification of Byzantine currency controls have dimmed.

  • CARACAS, Sept 2- Venezuelan President Nicolas Maduro on Tuesday pushed Rafael Ramirez from his twin posts as oil minister and a chief of state oil firm PDVSA in a cabinet shake-up that opposition critics said fell short of the overhaul needed to reverse the OPEC nation's economic decline.

  • CARACAS, Sept 2- Venezuelan President Nicolas Maduro on Tuesday named geophysicist Eulegio Del Pino to lead state oil company PDVSA, pushing oil czar Rafael Ramirez from a job he had held for a decade. Asdrubal Chavez, cousin of the late president Hugo Chavez, also replaced Ramirez as oil and mining minister.

  • CARACAS, Sept 2- Venezuela's President Nicolas Maduro on Tuesday named Asdrubal Chavez, cousin of the late president Hugo Chavez, to replace Rafael Ramirez as the new oil and mining minister.

  • HOUSTON/ CARACAS, Aug 21- Venezuela's shipments of crude oil and fuel to its allies have fallen to a five-year low as a weak economy hits its ability to uphold accords that former President Hugo Chavez struck to lower energy costs for friends and expand his diplomatic clout.

  • HOUSTON/ CARACAS, Aug 21- Venezuela's shipments of crude oil and fuel to its allies have fallen to a five-year low as a weak economy hits its ability to uphold accords that former President Hugo Chavez struck to lower energy costs for friends and expand his diplomatic clout.

  • FACTBOX-Venezuelan energy accords driven by Hugo Chavez Thursday, 21 Aug 2014 | 11:08 AM ET

    HOUSTON, Aug 21- Venezuela signed numerous energy deals during former President Hugo Chavez's 14 years in power, allowing countries in the Caribbean, Central America and other regions to receive oil on favorable financial terms.

  • VALENCIA, Venezuela, Aug 8- Though it is the middle of the work day, the Jeep assembly plant in the central Venezuelan city of Valencia is empty, the machinery still. "They are asking to fire 119 workers," union leader Henry Ospina, who represents employees of Chrysler, which makes Jeeps, told Reuters in Valencia.

  • BOGOTA, Aug 2- Venezuela and Colombia have agreed to create a special exchange rate to boost plummeting bilateral trade between the two Andean countries, their presidents said.