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Business Venezuela

  • CARACAS, April 27- The son of Venezuela's pro-government human rights ombudsman has surprised the crisis-struck nation by publicly calling on his father to end "injustice" amid major protests against the leftist administration. The opposition accuses ombudsman Tarek Saab of turning a blind eye to human rights abuses and a lurch into dictatorship by...

  • CARACAS, April 26- Demonstrators injured in Venezuela's often violent street protests are facing additional hardship: how to get treatment in a crisis-hit country where basics like antibiotics and painkillers are running short. Venezuela's state prosecutor says 437 people were hurt in nearly a month of protests against leftist President Nicolas Maduro,...

  • HOUSTON/ CARACAS, April 25- As political turmoil in Venezuela mounts, oil firms including Norwegian major Statoil ASA and Spain's Repsol SA have further reduced their already-dwindling ranks of expatriate employees in the country, sources familiar with the situation said. Statoil, Repsol and Chevron Corp are among the foreign oil companies that hold...

  • HOUSTON/ CARACAS, April 25- As political turmoil in Venezuela persists, oil firms including Norwegian major Statoil ASA and Spain's Repsol SA have further reduced their already-dwindling ranks of expatriate employees in the country, sources familiar with the situation said. Statoil, Repsol and Chevron Corp are among the foreign oil companies that hold...

  • Venezuelan President Nicolas Maduro delivers a speech as pro-government demonstrators hold a rally in Caracas, Venezuela on March 9, 2017.

    Venezuela's seizure of a General Motors plant creates concerns that assets in other sectors of the economy could be seized by authorities.

  • CARACAS, April 20- Venezuela's opposition renewed nationwide protests on Thursday to pressure President Nicolas Maduro to hold elections and improve a collapsing economy, and vowed to keep up pressure by staging three more protests in the next four days. The opposition's leadership then called for further protests in communities across Venezuela on...

  • WASHINGTON, April 20- U.S. officials are reviewing Venezuela's seizure of General Motors Co's assets in the country, U.S. State Department spokesman Mark Toner said on Thursday. The seizure comes amid a deepening economic crisis in leftist-led Venezuela that has already roiled many U.S. companies. Total auto production in Venezuela fell to a historic low of...

  • However, crowds were smaller than the hundreds of thousands of people who flooded the streets of Caracas and provincial cities on Wednesday, the latest and largest in several weeks of protests against what Maduro's opponents condemn as a lurch toward dictatorship. At around midday on Thursday, a few thousand people protested in Caracas, although opposition...

  • However, crowds were smaller than the hundreds of thousands of people who flooded the streets of Caracas and provincial cities on Wednesday, the latest and largest in several weeks of protests against what Maduro's opponents condemn as a lurch toward dictatorship. At around midday on Thursday, a few thousand people protested in Caracas, although opposition...

  • CARACAS, April 20- Venezuela's opposition called for renewed nationwide protests on Thursday to pressure the government of President Nicolas Maduro to hold elections and improve a collapsing economy, a day after three people were killed in similar demonstrations. Hundreds of thousands of people flooded the streets of Caracas and provincial cities on...

  • CARACAS, April 20- Venezuela's opposition called for renewed nationwide protests on Thursday to pressure the government of President Nicolas Maduro to hold elections and improve a collapsing economy, a day after three people were killed in similar demonstrations. Hundreds of thousands of people flooded the streets of Caracas and provincial cities on...

  • The governments of Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Paraguay, Peru and Uruguay are "energetically condemning" the violence in Venezuela and lamenting that international calls for the ongoing demonstrations to be peaceful have been ignored. A day after Venezuela seized a General Motors plant, President Nicolas Maduro has ordered an...

  • Those findings come as the semi-annual gathering of finance officials from the International Monetary Fund, the World Bank and the Group of 20 major economies kicks off in Washington, where the case against protectionist trade policies is expected to be a major theme. "For the first time in five years, all the major economies seem to be growing in sync," noted Ajay...

  • DETROIT— General Motors became the latest corporation to have a factory or other asset seized by the government of Venezuela, and the Detroit automaker faces an uphill battle to recover any damages. GM said Thursday that its only factory in Venezuela was confiscated a day earlier, as anti-government protesters clashed with authorities in a country that is...

  • Nicolas Maduro, president of Venezuela

    The Venezuelan government donated $500,000 to Donald Trump’s inauguration fund despite on-going economic and political turmoil that has spouted the worst protests in years and a rising death toll.

  • VALENCIA, Venezuela— General Motors announced Thursday that it was shuttering its operations in Venezuela after authorities seized its factory in the country, a move that could draw the Trump administration into the escalating chaos engulfing the South American nation amid days of deadly protests. The seizure arose from an almost 20- year-old lawsuit...

  • CARACAS/ SAN CRISTOBAL, Venezuela, April 19- Two Venezuelan students and a National Guard sergeant died on Wednesday after being shot during protests against unpopular leftist President Nicolas Maduro, increasing turmoil in the volatile nation amid a devastating economic crisis. Opposition supporters protested in Caracas and other cities in what they...

  • CARACAS/ SAN CRISTOBAL, Venezuela, April 19- Two Venezuelan students died on Wednesday after being shot during protests against unpopular leftist President Nicolas Maduro, increasing turmoil in the volatile nation amid a devastating economic crisis. Opposition supporters protested in Caracas and other cities in what they called "the mother of all marches,"...

  • CARACAS/ SAN CRISTOBAL, Venezuela, April 19- Two Venezuelan students died on Wednesday after being shot during protests against unpopular leftist President Nicolas Maduro, increasing turmoil in the volatile nation amid a crippling economic crisis. Opposition supporters protested in Caracas and other cities in what they called "the mother of all marches,"...

  • CARACAS/ SAN CRISTOBAL, Venezuela, April 19- Two Venezuelan students died on Wednesday after being shot during protests against unpopular leftist President Nicolas Maduro, increasing turmoil in the volatile nation amid a brutal economic crisis. Opposition supporters protested in Caracas and other cities in what they called "the mother of all marches,"...