Tag Archives: Venezuela

Venezuela opposition banned from running in 2018 election

Venezuela opposition banned from running in 2018 election

Venezuela’s president, Nicolas Maduro, says the country’s main opposition parties are banned from taking part in next year’s presidential election. He said only parties which took part in Sunday’s mayoral polls would be able to contest the presidency. Leaders from ...

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Enter the 'petro': Venezuela to launch oil-backed cryptocurrency

CARACAS (Reuters) – Venezuelan President Nicolas Maduro looked to the world of digital currency to circumvent U.S.-led financial sanctions, announcing on Sunday the launch of the “petro” backed by oil reserves to shore up a collapsed economy. Venezuela’s President Nicolas ...

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Enter 'petro': Venezuela to launch oil-backed cryptocurrency

CARACAS (Reuters) – President Nicolas Maduro said on Sunday Venezuela would launch a cryptocurrency to combat a U.S.-led financial “blockade,” although he provided few clues about how the economically crippled OPEC member would pull off the feat. Venezuela’s President Nicolas ...

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Venezuela to launch cryptocurrency to fight 'blockade': Maduro

CARACAS (Reuters) – President Nicolas Maduro said on Sunday that Venezuela will launch a cryptocurrency to combat what the leftist leader says is a financial “blockade” against the crisis-hit nation. Venezuela’s President Nicolas Maduro (C) dances during an event with ...

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Amid mass exodus, Venezuela is losing its teachers

Over 430 professors, assistants and faculty have left the University of Simon Bolivar, in Caracas, since 2015, according to Azzato, the university’s vice rector of administration. The public university is widely considered one of Venezuela’s best, yet more than a ...

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Venezuela arrests former oil bosses in corruption purge

Venezuela arrests former oil bosses in corruption purge

PDVSA’s former president, Nelson Martínez, and former minister Eulogio Del Pino were detained in the early morning hours Thursday, Saab said, adding that 16 other arrest warrants are out for other officials. For those not in the country, an Interpol ...

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EU readies sanctions on Venezuela, approves arms embargo

BRUSSELS (Reuters) – European Union foreign ministers approved economic sanctions, including an arms embargo, on Venezuela on Monday, saying regional elections last month marred by reported irregularities had deepened the country’s crisis. Venezuela’s President Nicolas Maduro talks to the media ...

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Venezuela government and opposition to resume dialogue effort

CARACAS (Reuters) – Venezuela’s government and opposition will resume efforts to hold dialogue, the third attempt in a year by the administration of President Nicolas Maduro and his adversaries to break up a bitter political stalemate. Venezuela’s President Nicolas Maduro ...

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