Hugo Chavez
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Fistfights broke out in Venezuela's parliament on Tuesday during an angry session linked to the South American nation's bitter election dispute.
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CHICAGO, Feb 11- Venezuela's latest currency devaluation will hurt a range of U.S. and European companies that sell to consumers in the country, as state-imposed price controls make it more difficult for those companies to protect their profits.
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*Cuba still hoping to find offshore oil. HAVANA, Feb 10- Cuba is looking for someone to finance a $6 billion expansion of its largest refinery, in the city of Cienfuegos, amid uncertainties about China's role in the project and the future of its close ally and oil supplier Venezuelan President Hugo Chavez.
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CARACAS, Feb 9- Opposition leaders derided another currency devaluation by President Hugo Chavez's government as evidence of economic incompetence, while some anxious Venezuelans hit shops on Saturday in fear of price increases.
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CARACAS, Feb 8- Venezuela on Friday devalued its bolivar currency in a widely expected move that will ease pressure on government finances after President Hugo Chavez's heavy campaign spending last year, but is likely to spur the OPEC nation's inflation. The following are some facts about Venezuela's bolivar:.
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*Source says China eyes tougher $4 bln loan terms. CARACAS, Feb 1- Venezuela's government and state oil company PDVSA are in urgent talks over a long-expected $6 billion in loans from China and U.S. energy giant Chevron that would help relieve the nation's strained finances, sources close to the discussions said.
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*Venezuela crimps volume, gross margin in Latin America. Jan 31- Colgate-Palmolive Co said on Thursday a key measure of sales growth slowed for the second quarter in a row as the company faced increased pressures in Venezuela, including a labor slowdown at its factory there which has since been taken care of.
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*Venezuela crimps volume, gross margin in Latin America. Jan 31- Colgate-Palmolive Co said on Thursday a key measure of sales growth slowed for the second quarter in a row as the company faced increased pressure in Venezuela.
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CARACAS, Jan 28- South American OPEC member Venezuela is modifying its windfall oil tax system to redistribute revenues and channel more dollars to the Central Bank, the energy minister said on Monday.
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CARACAS, Jan 28- Venezuela is changing its oil windfall tax bands under which the government raises income for social spending and other purposes, Energy Minister Rafael Ramirez said on Monday.
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*Debt crisis humbles Europe in hunt for economic growth. SANTIAGO, Jan 27- Five years ago during the closing speeches of a summit in Chile, Spain's king told Venezuelan President Hugo Chavez to "shut up" in an exchange that epitomized the fruitless meetings between Europe and Latin America at the time.
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SANTIAGO, Jan 26- EU leaders won a promise from Argentina and Brazil on Saturday to revive stalled talks on a free-trade deal that would be a major prize for Europe as it emerges from crisis, but disputes over key issues mean a breakthrough appears distant.
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CARACAS, Jan 25- A supermarket in a posh district of Caracas is barren of wheat flour but well stocked with gourmet cream-filled sweetbread imported from Italy. Periodic product shortages have become a fact of life under socialist President Hugo Chavez, who has not been seen since undergoing cancer surgery in Cuba seven weeks ago.
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*EU seeks to deepen trade ties with buoyant Latin America. BRUSSELS/ SANTIAGO, Jan 25 F- EU leaders take their hunt for economic growth to Latin America this weekend as the bloc tries to emerge from three years of crisis, but a long-stalled free-trade deal with Brazil and Argentina remains distant.
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CARACAS, Jan 23- Shortages of consumer goods in Venezuela may worsen if the government does not increase access to hard currency and ease import bottlenecks, an official with the country's main industry group said in an interview.
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NIAMEY/ BAMAKO- Chadian forces advanced towards the Mali border on Tuesday as an African troop deployment and a U.S. military airlift swelled international support for French operations against Islamist rebels occupying the north of Mali.
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The increased difficulty in finding basic consumer goods in Venezuela is raising concerns about the viability of Chávez's socialist economic policies.
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WASHINGTON- President Barack Obama on Monday rejected any negotiations with Republicans over raising the U.S. borrowing limit, accusing his opponents of trying to extract a ransom for not ruining the economy in the latest fiscal fight.
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*Brazil urges Maduro to hold elections quickly. SAO PAULO/ BRASILIA, Jan 14- Brazil is urging Venezuela's government to hold elections as quickly as possible if President Hugo Chavez dies, senior officials told Reuters on Monday, a major intervention by Latin America's regional powerhouse that could help ensure a smoother leadership transition in Caracas.
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Things are looking increasingly bleak for Hugo Chavez, which has oil companies, Western governments and all of Latin America asking the same question: What's next if he dies?
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*Brazil urges Maduro to hold elections quickly. SAO PAULO/ BRASILIA, Jan 14- Brazil is urging Venezuela's government to hold elections as quickly as possible if President Hugo Chavez dies, senior officials told Reuters on Monday, a major intervention by Latin America's regional powerhouse that could help ensure a smoother leadership transition in Caracas.