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Maduro sworn as president but most of the Americas reject his legitimacy

(MercoPress) Venezuelan President Nicolas Maduro was sworn into a second term on Thursday amid international calls for him to step down, a devastating economic crisis and growing diplomatic isolation. Only Cuba’s Miguel Diaz-Canel, Bolivia’s Evo Morales and president Anatoli Bibilov of a Georgia breakaway province...

Maduro: Venezuela Faces Coup Ordered by US, Lima Group Ahead of Inauguration

In a press conference delivered to local and international media, the president of Venezuela Nicolas Maduro said Wednesday that a coup against the country is underway. “A coup is underway, ordered from Washington (capital of the U.S.), ordered from the Lima Cartel (Lima Group), in...

World Leaders Begin to Arrive for Maduro Inauguration

This Thursday the president of Venezuela, Nicolás Maduro, will be sworn in before the Supreme Court of Justice (TSJ) for a second six-year term. enLeaders of several countries of the world have already arrived to accompany the Head of State, including his counterparts in Cuba,...

Cuba President Miguel Díaz-Canel To Attend Maduro Inauguration

Cuba’s Foreign Minister, Bruno Rodriguez, confirmed on Monday that President Miguel Díaz-Canel will be heading the Cuban delegation to attend the inauguration of Nicolas Maduro and reiterated Cuba’s support to Venezuela and “its legitimately elected government”. On his Twitter account, Rodriguez wrote, “President @DiazCanelB will...

Venezuela congress names new leader, calls Nicolas Maduro illegitimate

Venezuela’s opposition-controlled National Assembly opened a new legislative session on Saturday, swearing in a new leader who declared Nicolas Maduro’s presidency illegitimate. Juan Guaido, 35, assumed the presidency of the National Assembly stripped of power by Maduro, who is set to be inaugurated to a...

Lima Group Refuses to Recognize Maduro’s New Term

The Lima Group (Grupo de Lima in Spanish) of countries seeking an end to the Venezuelan crisis said in a declaration on Friday they do not recognize President Nicolas Maduro’s new term starting next week. The Lima Group has called on Maduro “not to assume...

Venezuelan Gov’t Takes Over Goodyear Plant After Company’s Withdrawal – Reports

Venezuelan authorities have announced the immediate introduction of government control over the plant of the US-based Goodyear tire manufacturing company, located in the country’s northern Carabobo state, local media reported, citing the Labor Ministry’s order published in Gaceta Oficial newspaper. The document stipulated that the...

Venezuela Elections Begin, Thousands of Councilors Up for Election

Municipal elections have begun in Venenzuela at 6:00 a.m. in which about 4,900 councilor’s post are up for election, as well as their deputy posts. People in line to vote in the city of Maracaibo in the Francisco Eugenio Bustamante neighborhood. | Photo: Liceo Manuel...

How Hugo Chávez’s Former Bodyguard became a Billionaire in Florida

They lived in total opulence while Venezuela plunged into misery. Alejandro Andrade, 54, went from being the bodyguard of former President Hugo Chávez and National Treasurer of Venezuela to becoming a multimillionaire in Florida, until he was arrested by the United States Department of...

Maduro’s New Plan to Dollarize Tourism and Discriminate against Venezuelans

Taking inspiration from Cuba, Nicolás Maduro has recently decided that tourism will now only be only for foreigners or for “well off” Venezuelans, since he announced that the regime will charge in foreign currencies and cryptocurrencies for tourist services in some “economic zones.” Tourism has...

Venezuela holds on to Citgo refineries amid legal battle

(AP) Venezuela will hold on to its Citgo refineries in the United States, settling a long-standing dispute that threw ownership of the crisis-wracked country’s prized assets into peril as its massive debt mounts. Venezuela on Friday began paying off US$1.4 billion that an arbitration panel...

Maduro Doesn’t Care That People Call Him a ‘Dictator’

Venezuelan President Nicolas Maduro said on Wednesday that he was not a ‘dictator,’ but a ‘modest man’. © REUTERS / Miraflores Palace “I don’t care that people call me a dictator. Those who say I’m a dictator can go to hell. I know who I am...

Murder rate soars in Venezuela, forcing population to take extreme precautions to stay alive

As if coping with constant food and medicine shortages were not enough for crisis-weary Venezuelans, many live in constant fear in a country where three people die violently every hour. Employees of Venezuelan app ‘Pana’ (Buddy) help a person whose car broke down in Caracas The...

Venezuela in Crisis with Major Gas Shortages as Transport Grinds to Halt

Venezuela, the country with the largest oil reserves in the world, faces a shortage of gasoline of 80%; a situation that has kept all regions of the country on the edge of chaos. Venezuela has 300 billion barrels of oil, but its oil industry is...

Venezuela Ditches the Greenback, Switches to Euros and Yuan: Consequences?

Venezuela will switch to international payments in euros or yuan, while the US dollar will cease to be the base currency amid the financial blockade imposed on the country by the administration of US President Donald Trump. The decision announced by Economy Vice President Tareck...

Venezuela: One of the Worst Cases of Hyperinflation in Human History

Venezuela, the country with the lowest wages in the region and an unprecedented humanitarian crisis, has broken the record for the highest inflation in the Americas, to such an extent that by 2019 hyperinflation will reach the astounding figure of 10,000,000%. This is due,...

Venezuela’s Torre David: From Vertical Slum To Ghost Tower

Centro Financiero Confinanzas, also known as Torre de David (the Tower of David), is an unfinished abandoned skyscraper in Venezuela’s capital city, Caracas, the third highest building in the country after the twin towers of Parque Central Complex. To those unaware of its history, the...

In Venezuela, the press is dying a slow death

Of the 134 printed newspapers that circulated in Venezuela five years ago, as of September 2018 there are only 60 left, only half of which are daily newspapers, which have shrunk in size and in number of copies sold, according to a study by...

At the United Nations, Discussion of How to Remove Maduro from Office

This week during the General Assembly of the United Nations, Ecuador, Peru, and Brazil, spoke about the urgency of stopping the tragedy suffered by Venezuelans. The humanitarian crisis in Venezuela is emerging as a major problem for the entire South American continent (Twitter). The president of...

Venezuela Ambassador To Russia: US Depends on Venezuelan Oil

Venezuela it is not satisfied with its quota for oil production under the Vienna agreement of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers and is currently taking measures needed to restore its level of oil production, according to Venezuelan Ambassador...

Venezuela’s Maduro travels to China in search of fresh funds

CARACAS/BEIJING (Reuters) – Venezuelan President Nicolas Maduro is travelling to China to discuss economic agreements, as the crisis-struck OPEC nation seeks to convince its key Asian financier to disburse fresh loans. Chinese President Xi Jinping walks next to Venezuela’s President Nicolas Maduro during his welcoming...

Venezuela’s Maduro Says He Bought School Supplies, Goods Worth $200 Million Using The Petro

CARACAS – Venezuela’s President Nicolas Maduro said on Wednesday that his government made international purchases of school supplies and raw materials worth US$200 million with the petro cryptocurrency, banned by the United States and declared illegal by the opposition-led Venezuelan Congress. Maduro, at a business...

The New Stupidity of Maduro that Will Sink Venezuela Even Further

This week Peruvian journalist Jaime Bayly made a video that went viral on social media, which includes a spectacular editorial, in which he serves up a devastating tragicomic presentation of the dictator (at this point categorizing him as a dictator would be a compliment)...

Testimonies of Venezuelan Migrants Who Returned to the Homeland

Nicolas Maduro’s government implemented the “Back to the Homeland” plan to help bring Venezuelan migrants back to their home country. A Venezuelan woman and her child in Peru, before returning to Venezuela via the government’s ‘Back to the Homeland Plan.’ | Photo: Cancillería VE “This is...

Nicolás Maduro’s plan for Venezuela adds bewilderment to despair

Day after day the crowds flock to the Expresos Flamingo bus terminal in Caracas to begin checking out of their crumbling nation. The UN estimates 2.3 million Venezuelans have left the country since 2015. Photograph: Luis Robayo/AFP/Getty Images Some carry their earthly possessions in suitcases or...

7.3 Earthquake Hits Venezuela; Caracas Being Evacuated

CARACAS, Venezuela — A powerful earthquake shook Venezuela’s northeastern coast on Tuesday, August 21, 2018 at 5:32 pm local time (21:32 UTC), frightening residents in the capital city of Caracas, who evacuated buildings and briefly interrupting a pro-government rally. The U.S. Geological Survey (USGS) put...

Venezuelans Struggle to Adjust to Currency Revaluation

CARACAS, VENEZUELA — Venezuelans struggled Monday to calculate prices of food and household goods as a new currency scheme aimed at taming runaway inflation went into effect. Withdrawing cash from automated teller machines at a Mercantil bank branch in Caracas, Venezuela, Aug. 20, 2018 The new...

Maduro Unveils New Banknote, Other Economic Reforms

CARACAS, VENEZUELA — Uncertainty reigned in Venezuela Saturday after President Nicolas Maduro unveiled a major economic reform plan aimed at halting the spiraling hyperinflation that has thrown the oil-rich, cash-poor South American country into chaos. People check prices of products in a street market in...

Telesur Says Facebook Deleted Outlet’s English Page

Latin American broadcaster Telesur, headquartered in Venezuela, said its English language page was deleted by Facebook without any explanation. “Facebook has delete our Facebook page for the second time this year without any explanation. Please spread the word and help us get our page back,”...

More than half a million Venezuelans fled to Ecuador this year, UN says

More than half a million Venezuelans have crossed into Ecuador this year as part of one of the largest mass migrations in Latin American history, the United Nations said on Friday. More than half a million Venezuelans have sought refuge in Ecuador to escape crime...

Venezuela to Ask Colombia, US for Assistance in Probe Into Maduro Murder Attempt

The Venezuelan prosecutor’s office plans to ask Colombia and the United States for assistance in the investigation of an assassination attempt on President Nicolas Maduro, Venezuelan Prosecutor General Tarek William Saab said Wednesday. “Our prosecutors are now working on requests for mutual assistance in criminal...

Thousands Rally in Support for Maduro After Assassination Attempt

Thousands took to streets of the Venezuelan capital of Caracas on Monday in support for President Nicolas Maduro, who faced an alleged failed assassination attempt over the weekend. According to the Venezuelan authorities, Maduro faced a failed assassination attempt with use of explosive-carrying drones during...

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