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  • CARACAS, Venezuela— Venezuelan President Nicolas Maduro's approval ratings may be languishing below 30 percent, but on Twitter he's as popular as Pope Francis— or so it would seem. Among the other powerbrokers who experts say routinely employ bot networks in violation of Twitter's policies are the leaders of Russia, Mexico and Turkey, as well as supporters of...

  • QUITO, July 31- Ecuador's state oil company Petroecuador has signed a crude oil supply agreement with a division of Thailand's state-run PTT under which the Andean country will receive a $2.5 billion up-front payment, according to a statement from the company. Petroecuador International Trade Manager Nilsen Arias confirmed the deal to Ecuador's El...

  • Caracas shopkeeper Wilmer Ruiz realized last week that he couldn't call his family in Cuba or a friend who immigrated to Ecuador. Both countries have been staunch allies of Venezuela's 16- year socialist revolution. Internet calling services like Skype go only so far toward resolving the issue.

  • CARACAS, Venezuela— Venezuela's largest food distributor on Thursday denounced the government occupation of a Caracas warehouse amid accusations that the company is hoarding goods. Soldiers took over the warehouse complex used by Empresas Polar late Wednesday just as Venezuela's federation of brewers announced that Polar's beer manufacturing...

  • UNITED NATIONS, July 28- Venezuela's president Nicolas Maduro said he asked U.N. Secretary-General Ban Ki- moon for U.N. mediation in his country's century-old border dispute with neighboring Guyana. Guyana is a small former British colony of around 740,000 people on the northeast shoulder of South America.

  • Jamaica to retire $3B in oil debt to Venezuela Friday, 24 Jul 2015 | 1:28 PM ET

    KINGSTON, Jamaica— Jamaica has forged a deal to retire $3 billion in oil debts to Venezuela thanks to bond sales. In a Friday statement, Jamaica said it has issued roughly $2 billion in bonds on the international capital market that will pay down the debt it accumulated through Petrocaribe, a Venezuelan program that provides fuel to countries at market prices but...

  • CARACAS, July 13- American Airlines said on Monday it would restart its Caracas- New York route as of Dec. 17, though it added that it had not repatriated more than half a billion dollars in revenue trapped in Venezuela as a result of currency controls. American Airlines, which slashed almost 80 percent of its weekly flights to Venezuela last year over the dispute,...

  • CARACAS, July 3- Venezuela's unofficial exchange rate broke through 500 bolivars per dollar on Friday, according to a widely used website, as the socialist-run country's currency control system struggles to meet keen demand for greenbacks. "As long as they don't make the adjustments the economy needs, the rate will continue to increase," said Asdrubal Oliveros...

  • Cramer—Greece is about to become the next Venezuela Thursday, 25 Jun 2015 | 6:12 PM ET
    A European Union and a Greek national flag flutter in front of the Parthenon temple in Athens February 11, 2015.

    Jim Cramer speculates that Greece will become the next Venezuela...without oil.

  • DETROIT, June 25- General Motors Co said on Thursday it will incur a $600 million charge on its second-quarter net profits because of a change in the way it values Venezuelan currency. Despite the significant challenges in Venezuela, this market continues to be very important to us. " In April, GM had announced it would likely end vehicle production in Venezuela in...

  • CARACAS, June 22- Venezuela's parliamentary election will be held on Dec. 6, authorities announced on Monday, ending lengthy speculation over the date for a vote that surveys showed was likely to punish the ruling socialists. President Nicolas Maduro's ruling Socialist Party currently enjoys a majority in the 167- seat National Assembly, but an economic...

  • CARACAS, June 12- Follow the main road, count three traffic lights, and take a left at the third. As with living-room restaurants that flourished in Havana in the 1990 s after the fall of its Soviet benefactor, Caracas is seeing a rise in clandestine dining as inventive restaurateurs seek ways to survive economic crisis, corruption and crime. This is an illegal...

  • CARACAS, June 9- Venezuela on Tuesday demanded that neighboring Guyana halt oil exploration being carried out by Exxon Mobil Corp in disputed offshore territory in an escalation of a long-running border dispute between the two South American nations. Exxon last month said it found oil off Guyana's coast, spurring complaints from Caracas that Guyana is...

  • CARACAS, June 9- Venezuela on Tuesday demanded that neighboring Guyana halt oil exploration being carried out by Exxon Mobil Corp in disputed offshore territory in an escalation of a long-running border dispute between the two South American nations. Exxon last month said it found oil off Guyana's coast, spurring complaints from Caracas that Guyana is...

  • LOS ROQUES, Venezuela, June 4- Fears of being kidnapped or not finding toilet paper are not much of an incentive for a holiday in Venezuela. That is thanks to exchange controls skewing the economy in favor of anyone with foreign currency, meaning you can hire a boat to a Caribbean island for $15 a day, or trek through Andean mountains or Amazon jungle for a week, with...

  • CARACAS, June 3- Dissenting and former members of Venezuela's ruling Socialist Party on Wednesday requested the government investigate alleged multi-billion dollar frauds they say have flourished under the South American OPEC country's strict currency controls. Marea Socialista, a small group of leftist intellectuals, as well as fringe members of the...

  • Will these countries 'go bust' in 2015? Monday, 18 May 2015 | 11:00 AM ET
    Will these countries 'go bust' in 2015?

    Bob Parker, senior adviser of investment, strategy & research at Credit Suisse, reveals which three countries he thinks could "go bust" in 2015.

  • CARACAS, May 15- Venezuela is pushing for a new agreement between OPEC and non- OPEC nations to stabilize oil prices, President Nicolas Maduro said on Friday, in the most serious indication yet of a renewed drive to boost prices back to $100 per barrel. "We're currently working on a deal that hopefully can materialize in June regarding an announcement between OPEC...

  • Venezuela economy tanks amid pleas for 'libertad' Thursday, 14 May 2015 | 3:27 PM ET
    Leopoldo Lopez is escorted by the National Guard after turning himself in, during a demonstration in Caracas on Feb. 18, 2014.

    As the Venezuelan economy continues to hit new lows, the wife of an imprisoned opposition leader spoke in Washington against the ruling regime.

  • CARACAS/ NEW YORK, May 14- A growing number of U.S. companies say they can't cope with Venezuela's sinking bolivar currency, prompting some of them to remove their operations in the South American nation from their consolidated financial reports. The restructuring moves can shield the financial results of parent companies such as batteries and razors maker...