Venezuela's annual inflation rate rose as violent opposition demonstrations during the month disrupted the economy.» Read More
HAVANA, Jan 28- Cuban President Raul Castro challenged Latin American and Caribbean leaders to improve healthcare and education, telling a regional summit on Tuesday they have the natural resources to eradicate poverty but may lack the political will.
HAVANA, Jan 28- Cuban President Raul Castro challenged Latin American and Caribbean leaders on Tuesday to improve health care and education, telling a regional summit they have the natural resources to eradicate poverty but may lack the political will.
CARACAS, Jan 28- A sushi bar in Caracas makes tempura with ground oats and cornstarch to replace increasingly scarce wheat flour. I'm working with what I had last year, "said Eduardo Castaneda, 45, owner of La Guayaba Verde, or The Green Guava, in Caracas, which offers a modern spin on traditional Venezuelan food.
HAVANA, Jan 27- Latin American and Caribbean leaders converge on Cuba this week to discuss trade, peace and human rights in a further sign of regional eagerness to challenge the dominance of the United States. Among those arrested was Jose Ferrer, leader of the Santiago de Cuba- based Patriotic Union of Cuba, one of the most active opposition groups.
CARACAS, Jan 23- Venezuela's benchmark bonds fell to two-year lows on Thursday reflecting market disappointment that President Nicolas Maduro's revamping of 11- year-old currency controls did not go far enough.
CARACAS, Jan 22- Venezuela said on Wednesday it was revamping its 11- year-old currency controls with the creation of a dual-exchange system that authorities vowed would limit rampant embezzlement of oil dollars, but critics pilloried it as a disguised devaluation.
CARACAS, Jan 15- President Nicolas Maduro shuffled his top economic officials on Wednesday and said Venezuela's official exchange rate would remain at 6.3 to the dollar this year despite a soaring black market and constant rumors of devaluation.
CARACAS, Jan 6- Venezuelan President Nicolas Maduro on Monday announced a 10 percent increase in the minimum wage and pensions in efforts to maintain consumer spending power amid spiraling inflation that reached 56.2 percent last year.
CARACAS, Dec 23- Venezuela announced a new exchange rate on Monday of 11.3 bolivars per dollar that tourists can use to change up to $10,000 cash a year, part of a week-old revamp of currency controls aimed at undermining a rampant black market.
CARACAS, Dec 16- President Nicolas Maduro's government said on Monday it is revamping Venezuela's decade-long exchange controls by expanding the use of a complementary currency auction system to fight against a rampant black market for dollars.
CARACAS/ HOUSTON, Dec 16- A change to the tax system and a currency devaluation in Venezuela boosted state oil firm PDVSA's first-half results, but the company cut back on social spending after heavy election-year outlays in 2012..
CARACAS, Dec 13- Venezuela's ruling Socialist Party and allies took 10 percentage points more votes than opposition rivals in Sunday's election for mayors that was a test of strength for President Nicolas Maduro, final results showed on Friday.
CARACAS, Dec 12- Phantom businesses account for about 40 percent of buyers of dollars through Venezuela's currency control system this year in a massive fraud costing the OPEC nation billions of dollars, the country's intelligence chief said.
CARACAS, Dec 8- Venezuelan President Nicolas Maduro pledged to deepen his "economic offensive" to force businesses to cut prices after his ruling Socialist Party won the most votes in weekend municipal elections.
CARACAS, Dec 8- Venezuelan President Nicolas Maduro pledged to deepen his "economic offensive" to force businesses to cut prices after his ruling Socialist Party won most votes in Sunday's municipal elections.
CARACAS, Dec 8- President Nicolas Maduro's government won a majority of votes in Venezuela's local elections on Sunday, disappointing the opposition and helping his quest to preserve the late Hugo Chavez's socialist legacy.
CARACAS, Dec 8- President Nicolas Maduro's government won a majority of votes in Venezuela's local elections on Sunday, boosting his quest to preserve the late Hugo Chavez's socialist legacy and denting the opposition's hopes for change.
CARACAS, Dec 8- Venezuela's ruling Socialist Party won a majority of votes in Sunday's local elections, giving a major boost to President Nicolas Maduro in his quest to preserve the socialist legacy of his late mentor Hugo Chavez, officials said.
CARACAS, Dec 8- Venezuelans voted in municipal elections on Sunday that are the biggest political test yet for President Nicolas Maduro as he tries to halt an economic slide and preserve the socialist legacy of his late mentor, Hugo Chavez.
PUERTO AYACUCHO, Venezuela, Dec 3- From the air, the thick green canopy that covers the Venezuelan Amazon is pocked with ever more frequent small holes. Some locals accuse money-hungry members of Venezuela's military of also helping out.