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Hugo Chavez

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  • CATIA LA MAR, Venezuela, May 1- The neighborhood of El Chaparral began receiving cash from the Venezuelan government in 2005. The windfall came courtesy of the late socialist leader Hugo Chavez's plan to fight poverty by transferring billions of dollars in oil revenue to communities around the country.

  • CARACAS, May 2- President Nicolas Maduro is introducing a controversial shopping card intended to combat Venezuela's food shortages but decried by critics as a Cuban-style policy illustrating the failure of his socialist policies.

  • CARACAS, April 29- President Nicolas Maduro announced on Monday a 30 percent increase in the minimum wage and pensions to protect Venezuelans from inflation nearing a 60 percent annual rate.

  • CARACAS, April 29- President Nicolas Maduro announced on Monday a 30 percent increase in the minimum wage and pensions to protect Venezuelans from inflation nearing a 60 percent annual rate.

  • Venezuela to crush cars, bikes to build houses Tuesday, 29 Apr 2014 | 5:44 PM ET

    CARACAS, April 29- Venezuela said on Tuesday it would start crushing abandoned cars and bicycles to provide raw materials for housing construction and supplement drastically reduced amounts of local steel.

  • Venezuela after Chavez: An economy on the verge Tuesday, 26 Nov 2013 | 8:00 AM ET
    People line up outside an electrical appliances store in Caracas.

    Venezuela’s economy and regional influence, along with its energy largesse, are drying up in the post-Hugo Chavez era.

  • Punch-Up in Parliament; Venezuelan Lawmakers Hurt Wednesday, 1 May 2013 | 2:48 AM ET

    Fistfights broke out in Venezuela's parliament on Tuesday during an angry session linked to the South American nation's bitter election dispute.

  • Top Real Estate Guys Do Not Waver on Investing Monday, 29 Apr 2013 | 5:39 PM ET
    Sam Zell

    Sam Zell, chairman of Equity Group Investments, said Colombia "may be the best country to invest in" for a number of reasons, including its growing oil production.

  • Venezuela Election Results Fair: Ambassador     Monday, 15 Apr 2013 | 9:45 PM ET

    Alfredo Toro Hardy, Venezuela's Ambassador to Singapore, explains the Latin American country's electronic electoral process and says the results are "fair, clear and straight.

  • Venezuela Stalemate Shows Shaky Future for Chavismo Monday, 15 Apr 2013 | 12:24 PM ET

    After Hugo Chavez's anointed heir secured a razor-thin victory in Venezuela's presidential election on Sunday, one analyst questioned how much longer Chavez's socialist policies will survive.

  • Maduro Wins Venezuela's Election With 51% of Votes Sunday, 14 Apr 2013 | 9:58 PM ET

    Nicolas Maduro squeezed out a small-margin victory in Venezuela's presidential elections Sunday, securing the ruling socialist party's control over the oil-rich nation through 2019.

  • Business as Usual in Venezuela: Expert     Friday, 12 Apr 2013 | 11:40 AM ET

    James Lockhart-Smith, head of Latin America at Maplecroft, tells CNBC that the Venezuelan economy will continue to struggle after the elections.

  • The Chavez Conspiracy?     Wednesday, 13 Mar 2013 | 4:45 PM ET

    The Venezuelan government has announced it will conduct a formal inquiry into whether deceased president Hugo Chavez was "inoculated" with cancer. Risa Grais-Targow, Eurasia Group Latin America Analyst, provides perspective on how this might impact oil

  • At least two dozen heads of state were due to attend Hugo Chavez's funeral on Friday during an outpouring of grief for the charismatic but divisive Venezuelan leader who changed the face of politics in South America.

  • Wait and See in Venezuela: Expert     Thursday, 7 Mar 2013 | 5:10 AM ET

    Heliodoro Quintero, CEO of HQ Consultores, tells CNBC why it's impossible to know which path Venezuelan energy policy will follow until after elections have been held.

  • Will Moody's Downgrade Venezuela Again?     Wednesday, 6 Mar 2013 | 11:38 AM ET

    Aaron Freedman, Moody's, explains why the death of Venezuelan President Hugo Chavez will not have an immediate impact on the country's sovereign rating.

  • Hugo Chavez Dead at Age 58     Wednesday, 6 Mar 2013 | 10:11 AM ET

    The Venezuelan president died after losing a long battle with cancer, reports CNBC's Michelle Caruso-Cabrera, with details on what his death means for oil supplies.

  • Venezuelan President Hugo Chavez Dead     Wednesday, 6 Mar 2013 | 6:41 AM ET

    CNBC's Michelle Caruso-Cabrera reports the 58-year old leader died on Tuesday after a two-year battle with cancer.

  • Venezuelans Mourn Chavez as Focus Turns to Election Wednesday, 6 Mar 2013 | 5:49 AM ET
    Venezuela's President Hugo Chavez (AP Photo/Fernando Llano)

    Venezuelan President Hugo Chavez's death has unleashed a flood of emotional tributes that his allies hope will help ensure the survival of his self-styled socialist revolution when voters elect a successor.

  • Venezuela—The Next Risk for Oil Markets Tuesday, 5 Mar 2013 | 8:59 PM ET

    The prospect of snap elections in Venezuela - which may be triggered if President Hugo Chavez steps down due to his worsening health - may create volatility in global oil markets though any upward price impact is likely to only be short-term.