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Politics Hugo Chavez

  • CARACAS/ BOGOTA, Aug 22- Relations between Caracas and Washington are at their lowest point ever, Venezuela's President Nicolas Maduro said on Tuesday in a speech at the presidential palace for international media that was televised to the nation. "Unfortunately we are in the worst moment of the relationship with the government of the United States," said Maduro.

  • CARACAS/ BOGOTA, Aug 22- Relations between Caracas and Washington are at their lowest point ever, Venezuela's President Nicolas Maduro said on Tuesday in a speech at the presidential palace for international media that was televised to the nation. President Donald Trump should be respectful of each other and that relations between Venezuela and the United...

  • CARACAS, Aug 15- Canadian miner Crystallex is seeking to seize shares in a subsidiary of Venezuelan state oil company PDVSA that owns U.S. refiner Citgo as part of a dispute over Venezuela's 2008 takeover of the Las Cristinas gold mine, according to court filings. Crystallex on Monday asked the U.S. District Court in Delaware to attach shares in Delaware- based PDV...

  • HAVANA, Aug 15- Cuban trade with socialist ally Venezuela has fallen 70 percent since 2014 due to the South American oil producer's inability to meet delivery contracts and purchase goods as it struggles with low oil prices and a resulting economic meltdown. A cash crunch and lower oil supplies from Venezuela have forced the Communist-run Caribbean island to...

  • HAVANA, Aug 15- Cuban trade with socialist ally Venezuela has fallen 70 percent since 2014 due to the South American oil producer's inability to meet delivery contracts and purchase goods as it struggles with low oil prices and a resulting economic meltdown. A cash crunch and lower oil supplies from Venezuela have forced the Communist-run Caribbean island to...

  • HAVANA, Aug 15- Cuban trade with socialist ally Venezuela has fallen 70 percent since 2014 due to the South American oil producer's inability to meet delivery contracts and purchase goods as it struggles with low oil prices and a resulting economic meltdown. A cash crunch and lower oil supplies from Venezuela have forced the Communist-run Caribbean island to...

  • HAVANA, Aug 15- Cuban trade with socialist ally Venezuela has fallen 70 percent since 2014 due to the South American oil producer's inability to meet delivery contracts and purchase goods as it struggles with low oil prices and a resulting economic meltdown. A cash crunch and lower oil supplies from Venezuela have forced the Communist-run Caribbean island to...

  • Crystallex is seeking to collect on a $1.4 billion award it won via a World Bank arbitration panel in 2016.. The company on Monday asked the United States District Court for the District of Delaware to attach shares in Delaware- based PDV Holding, a PDVSA subsidiary that owns of refining and marketing company Citgo Petroleum. Companies ranging from U.S. oil giant...

  • Vice President Mike Pence sought to calm concerns in the region about Trump's talk, promising a peaceful solution to Venezuela's "collapse into dictatorship." Thousands of government supporters rallied in Caracas where they dennounced Trump's suggestion of a "military option" to resolve Venezuela's crisis. Over 120 people have been killed since...

  • CARACAS, Aug 13- The Venezuelan government has recovered some weapons stolen in the Aug. 6 attack on a military base, and a manhunt now includes arrest requests for alleged anti-government plotters hiding in Miami, the nation's intelligence chief said on Sunday. In a dramatic escalation of Venezuela's political crisis, a group of current and former military...

  • Caracas/ Houston, Aug 11- Venezuelas unraveling socialist government is increasingly turning to ally Russia for the cash and credit it needs to survive and offering prized state-owned oil assets in return, sources familiar with the negotiations told Reuters. Venezuela's state-owned oil firm, Petroleos de Venezuela, has been secretly negotiating since at...

  • CARACAS, Aug 9- Venezuela's asphyxiating economy will contract between 7 and 10 percent this year, the head of the country's main business chamber Fedecamaras said on Wednesday at the Reuters Latin America Investment Summit in Caracas. "We do not see that the National Constituent Assembly is going to be a solution, rather we believe that it will deepen, in a very...

  • CARACAS, Aug 9- Inflation in Venezuela's crisis-hit economy quickened to 248.6 percent in the first seven months of the year, the opposition-led congress said on Wednesday in the absence of official data. Economic hardship in Venezuela, where there are severe food shortages, is fueling unrest that has led to over 120 deaths in the last four months.

  • CARACAS, Aug 7- Venezuela appears to be sliding toward a more volatile stage of unrest after anti-government forces looted weapons during a weekend raid on a military base and frustration over what some see as an ineffectual opposition leadership boils over. Last week's installation of an all-powerful new legislative body run by leftist President Nicolas...

  • CARACAS/ HOUSTON, Aug 8- To survive months of street protests and an economy in tailspin, Venezuelan President Nicolas Maduro is trying to turn state oil company PDVSA into a bastion of support, further degrading an already vulnerable enterprise. The increasing focus on politics over performance is contributing to a rapid deterioration of Venezuela's oil...

  • CARACAS, Venezuela, Aug 7- Venezuela appears to be sliding toward a more volatile stage of unrest after anti-government forces looted weapons during a weekend raid on a military base and frustration over what some see as an ineffectual opposition leadership boils over. Last week's installation of an all-powerful new legislative body run by leftist...

  • CARACAS, Aug 7- Supporters of President Nicolas Maduro marched in Caracas on Monday in favor of a new legislative superbody as hackers took down dozens of state websites to show their support for a pre-dawn armed assault on a military base the day before. Maduro has called the assembly Venezuela's only hope of peace but opponents say it will cement dictatorship...

  • CARACAS, Aug 5- Venezuela's new legislative superbody removed the country's chief prosecutor and ordered her to stand trial in its first session on Saturday, confirming opposition fears that it would use its powers to root out critics of President Nicolas Maduro. The prosecutor, Luisa Ortega, had become Maduro's main challenger from within the ruling...

  • CARACAS, Aug 5- Venezuela's new legislative superbody removed the country's chief prosecutor and ordered her to stand trial in its first session on Saturday, confirming opposition fears that it would use its powers to root out critics of President Nicolas Maduro. The prosecutor, Luisa Ortega, had become Maduro's main challenger from within the ruling...

  • CARACAS, Aug 5- Venezuela's chief prosecutor was fired on Saturday and ordered to stand trial less than 24 hours after a newly elected legislative superbody was installed with sweeping powers to strengthen President Nicolas Maduro's grip on power. The prosecutor, Luisa Ortega, had become Maduro's main challenger from within the ruling socialist movement...