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Hugo Chavez

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  • 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.

  • 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.

  • Argentina has until late Wednesday to either pay out or reach a deal with the hedge funds that are suing for full payment on their bonds to avert a second default in little over a decade in Latin America's No. 3 economy. "It's not just damage to Argentina. Regional heavyweight Brazil also backed Argentina.

  • Argentina has until late Wednesday to either pay out or reach a deal with the hedge funds that are suing for full payment on their bonds to avert a second default in little over a decade in Latin America's No. 3 economy.

  • CARACAS, July 21- China will provide Venezuela with a new $4 billion credit line under an agreement signed on Monday, with the money to be repaid by oil shipments from OPEC member Venezuela. The deal was inked during a 24- hour visit to Venezuela by Chinese President Xi Jinping, who is on a tour of Latin America.

  • China provides $4 billion credit line to Venezuela Monday, 21 Jul 2014 | 2:14 PM ET

    CARACAS, July 21- China will provide Venezuela with a $4 billion credit line under an agreement signed on Monday, with the money to be repaid by oil shipments from OPEC member Venezuela. The deal was inked during a 24- hour visit to Venezuela by Chinese President Xi Jinping, who is on a tour of Latin America.

  • CARACAS, July 5- The owners of Venezuelan daily newspaper El Universal said on Saturday they had sold a controlling stake of the company to a little-known Spanish investment firm, Epalisticia, marking the third sale of a major media group in Venezuela since last year.

  • CARACAS, June 18- Venezuela's former planning minister, who helped the late president Hugo Chavez forge the country's state-driven economic model, has excoriated current president Nicholas Maduro as a weak leader who is straying from socialism, according to a widely circulated document.

  • LONDON, June 16- Venezuela wants to increase oil supplies to the United States to regain some of the market share it lost over the past decade as Caracas sees the U.S. boom in light oil from shale as a chance to raise heavy-crude exports, the country's oil minister said.