With dollars becoming scare in Venezuela, big U.S. banks are drumming up deals to boost its foreign reserves, according to a report.» Read More
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- 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.
CARACAS, Venezuela-- A power outage briefly darkened Venezuela's capital and other parts of the country Monday night in what President Nicolas Maduro said appeared to have been an act of sabotage against his socialist government. Within minutes, people in downtown Caracas could be heard banging on pots in an act of protest.
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.
CARACAS, Dec 2- Venezuelan state oil company PDVSA said the OPEC nation's oil installations were not affected by a power blackout that struck large parts of the country on Monday night. Venezuela's refineries, heavy crude upgraders and other oil facilities are fed by separate generating plants, not the national grid.
JIQUITAIA, Brazil, Dec 1- They were heckled and called slaves of a communist state when they first landed, but in the poorest corners of Brazil the arrival of 5,400 Cuban doctors is being welcomed as a godsend.
CARACAS, Nov 28- Venezuela's oil minister said on Thursday that OPEC should maintain its current production levels at next week's meeting, and any easing of sanctions on Iran would let the group reorganize itself.
Americans mark Thanksgiving with travel, parades, shopping. NEW YORK- Americans gather to celebrate Thanksgiving, stuffing turkeys for family feasts, braving high winds and the bitter cold along parade routes and starting their holiday shopping one day earlier this year.
CARACAS, Nov 28- Venezuela's central bank president denied on Thursday that Caracas is carrying out any transactions with Wall Street banks, a day after a senior government source said it was evaluating a swap agreement involving its gold reserves.
CARACAS, Nov 28- The Venezuelan central bank president denied on Thursday that Caracas is carrying out any transactions with Wall Street banks, a day after a senior government source said it was evaluating a swap agreement involving its gold reserves.
CARACAS, Nov 28- It's Sunday morning. The sun is barely up, and already there are long lines outside a large state-run supermarket next to a hillside Caracas slum. Critics of the government decry the lines as a humiliating new symbol of economic failure akin to scenes in communist-run Cuba, Soviet-era Russia or Robert Mugabe's Zimbabwe.
CARACAS, Nov 26- Venezuela's economic growth slowed sharply in the third quarter from a year ago, the OPEC nation's central bank said on Tuesday, raising the specter of stagflation as inflation remains close to 55 percent.
Venezuela’s economy and regional influence, along with its energy largesse, are drying up in the post-Hugo Chavez era.
CARACAS, Nov 14- Venezuela's socialist government has arrested more than 100 "bourgeois" businessmen in a crackdown on alleged price-gouging at hundreds of shops and companies since the weekend, President Nicolas Maduro said on Thursday.
CARACAS, Nov 14- President Nicolas Maduro has promised to step up a pre-election "economic offensive" that has resulted in inspections of hundreds of Venezuelan businesses for price gouging and caused crowds to flock to shops to take advantage of state-ordered discounts.
CARACAS, Nov 14- President Nicolas Maduro has promised to step up a pre-election "economic offensive" that has seen hundreds of Venezuelan businesses inspected for price gouging and crowds flocking to shops to take advantage of state-ordered discounts.
CARACAS, Nov 13- Venezuelan state oil company PDVSA announced on Wednesday a $4.5 billion bond sale, accelerating a steep rise in borrowing over the last year with its second-largest issue that will finance operating expenses rather than investments.
CARACAS, Nov 12- Venezuelan bonds dropped sharply on Tuesday after President Nicolas Maduro ordered a military takeover of an electronics chain and authorities arrested dozens of people for purported price gouging.
GUATEMALA CITY, Nov 4- Guatemala has withdrawn from the Venezuelan-led Petrocaribe oil alliance after the Central American nation failed to negotiate favorable rates for purchases and financing, a vice-presidential spokesperson said on Monday.