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Business Venezuela

  • A National Guard officer discharges pepper spray on demonstrators during a second day of protests as the Supreme Court reverses its decision to seize the powers of the opposition-led Congress in Caracas, Venezuela, on Saturday, April 1, 2017.

    Nicolas Maduro may have gone too far, and now even allies are turning against him.

  • QUITO, Ecuador, April 2- The Venezuelan Supreme Court may have amended part of its explosive decision to take over the opposition-led congress, but it still gives embattled leftist President Nicolas Maduro broad new powers over the OPEC nation's vast oil wealth. Maduro's cash-strapped government now has the autonomy to sell stakes in Venezuela's oil fields,...

  • QUITO, Ecuador, April 2- The Venezuelan Supreme Court may have amended part of its explosive decision to take over the opposition-led congress, but it still gives embattled leftist President Nicolas Maduro broad new powers over the OPEC nation's vast oil wealth. Maduro's cash-strapped government now has the autonomy to sell stakes in Venezuela's oil fields,...

  • Venezuelan opposition activists take part in a protest - blocked by the National Guard - against the government of President Nicolas Maduro at the Francisco Fajardo highway in Caracas on April 1, 2017.

    Venezuela's president and Supreme Court backed down Saturday from a move to strip congress of power and which critics had called a coup.

  • CARACAS, April 1- Venezuela's pro-government Supreme Court revoked its takeover of the opposition-led Congress on Saturday after it drew international condemnation and protests against socialist President Nicolas Maduro. The tribunal duly erased two controversial judgments and its president, Maikel Moreno, met with both foreign envoys and...

  • CARACAS, April 1- Venezuela's pro-government Supreme Court on Saturday revoked its controversial annulment of the opposition-led Congress amid international condemnation and protests against socialist President Nicolas Maduro. The tribunal duly erased the two controversial judgments and its president, Maikel Moreno, met with both foreign envoys and...

  • CARACAS, April 1- Venezuela's pro-government Supreme Court on Saturday revoked its controversial annulment of the opposition-led Congress amid international condemnation and protests against socialist President Nicolas Maduro. "You can't pretend to just normalize the nation after carrying out a' coup,"' said Julio Borges, leader of the National Assembly...

  • CARACAS, April 1- Venezuela's pro-government Supreme Court on Saturday revoked its controversial annulment of the opposition-led Congress amid international condemnation and protests against socialist President Nicolas Maduro. "You can't pretend to just normalize the nation after carrying out a' coup,"' said Julio Borges, leader of the National Assembly...

  • CARACAS, April 1- Venezuela's pro-government Supreme Court on Saturday revoked its controversial annulment of the opposition-led congress amid international condemnation and protests against socialist President Nicolas Maduro. "You can't pretend to just normalize the nation after carrying out a' coup,"' said Julio Borges, leader of the National Assembly...

  • CARACAS, April 1- Venezuela's pro-government Supreme Court on Saturday revoked its controversial annulment of the opposition-led congress amid international condemnation and protests against socialist President Nicolas Maduro. "You can't pretend to just normalize the nation after carrying out a' coup,"' said Julio Borges, leader of the National Assembly...

  • CARACAS, April 1- Seeking to cool protests and international outrage, socialist Venezuelan President Nicolas Maduro said on Saturday the Supreme Court would review its move to annul the opposition-led congress, which critics decried as a lurch toward dictatorship. "You can't pretend to just normalize the nation after carrying out a' coup,"' said Julio Borges,...

  • CARACAS, April 1- Seeking to cool protests and international outrage, Venezuela's socialist president said on Saturday the Supreme Court would review its move to annul the opposition-led congress, which critics decried as a lurch towards dictatorship. "You can't pretend to just normalize the nation after carrying out a' coup'," Julio Borges, leader of the...

  • A demonstrator holds a chain and wears a sign over her mouth during a protest against the Supreme Court's decision to seize the powers of the opposition-led Congress and while the banner reads 'Venezuela lives in a dictatorship' in Caracas, Venezuela, on Friday, March 31, 2017.

    Venezuelan authorities urged the country's Supreme Court to review its move to annul the opposition-led congress, which critics have called a "coup."

  • CARACAS, April 1- Venezuelan authorities called on the country's Supreme Court to review its decision this week to annul the opposition-led congress, which critics have decried as a "coup" and a lurch to dictatorship. President Nicolas Maduro said in a midnight address on state television that the conflict between the Supreme Court and National Assembly had...

  • CARACAS, April 1- Venezuelan authorities called on the Supreme Court on Saturday to review its decision this week to annul the opposition-led congress, which critics have decried as a "coup" and a lurch into dictatorship. President Nicolas Maduro said in an address on state television in the early hours of the morning that the conflict between the Supreme Court...

  • CARACAS, March 31- Venezuela's President Nicolas Maduro promised on Friday to resolve within hours a controversy over the judiciary's annulment of congress which has sparked opposition protests and condemnation from around the world. The Supreme Court's ruling this week that it was assuming functions of the opposition-led National Assembly was...

  • CARACAS, March 31- Venezuela's President Nicolas Maduro said on Friday he would resolve within hours controversy over the judiciary's annulment of congress which has sparked opposition protests and condemnation from around the world. "I hope to have very good news this evening and clear up the controversy generated," Maduro said in a speech, calling a meeting...

  • HOUSTON/ CARACAS March 31- Venezuela is negotiating financial help from Russian oil major Rosneft to complete nearly $3 billion in PDVSA debt payments coming due to bondholders next month, two market sources and a government source familiar with the talks told Reuters on Friday. The negotiations are happening even as political chaos reins in Venezuela after...

  • CARACAS, March 31- Venezuela's President Nicolas Maduro said on Friday he would resolve within hours controversy over the judiciary's annulment of congress which has sparked opposition protests and condemnation from around the world. "I hope to have very good news this evening and clear up the controversy generated," Maduro said in a speech, calling a meeting...

  • LIMA, March 31- Peru on Friday urged other nations to match its tough stance on Venezuela and withdraw their ambassadors from the country to protest the "authoritarian" takeover of its Congress by the pro-government Supreme Court. "It's a rapid gesture that other countries should take so Venezuela sees it's alone on that path," Peru's Vice President Martin...