Latest Venezuela News
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Free Market Reforms Needed to Fix Venezuelas Socialist Economic Problems
In Venezuela, the laws of supply and demand are undermining the socialist revolution started by the late President Hugo Chavez. Since Chavez’s hand-picked successor Nicolas Maduro won the Venezuelan presidential election in April - by a margin of less than 2 percent - high inflation and a shortage of staple goods are now leading many on both sides of this politically-divided country to ...
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End may be in sight for Venezuelan toilet paper shortage
Venezuelan lawmakers Wednesday acted to end the South American nation's toilet paper shortage. The Parliament allocated $81 million so the Commerce Ministry can import nearly 39 million rolls of toilet paper and other necessities, El Universal reported. The lawmakers also approved the importation of 50 million sanitary pads, 3 million tubes of toothpaste, 17 million disposable diapers and ...
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Venezuela plans toilet paper relief
Venezuela's National Assembly has backed plans to import 39 million rolls of toilet paper, in an effort to relieve a chronic shortage. Lawmakers voted to approve a $79m credit for the country's ministry of commerce, which will also be used to buy toothpaste and soap. The products are currently in short supply in Venezuelan shops. The oil-rich nation relies on imports, but currency ...
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Nine killed by rebels in Colombia
/enpproperty--> BOGOTA - At least nine soldiers were killed in an attack by the National Liberation Army (ELN), the second largest guerrilla group in Colombia, the country's military said Wednesday. The attack on soldiers with home-made explosives took place late Tuesday in northeastern Colombia near the border with Venezuela, the regional army command said in an online statement. ...
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Venezuelas Maduro still waiting on Washingtons recognition
More than a month since Maduro was elected Venezuelan president by less than 2 percent of the vote, the US has not recognized his victory. A partial recount of the ballot is currently ...
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Colombia 9 soldiers killed by in rebel attack
BOGOTA, Colombia -; At least nine Colombian soldiers were killed in an attack with homemade explosives by the country's second-largest leftist rebel band, the military said ...
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Maduro Highlights Military Doctrines Strength in Venezuela
Caracas, May 22 (Prensa Latina) The 21st century socialism project has a strong military doctrine and patriots military chiefs, Venezuelan President Nicolas Maduro, who attends a military exercise in the Caribbean island of La Orchila, said today. From the Captain Antonio Diaz naval air base, Maduro stressed the importance of strengthening the defense capability of Venezuelan land and seas. ...
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Book Fairs in Cuba and Venezuela
The Book Fair in La Havana, Cuba (February 14 - 22) has just ended, now Filven in Venezuela (March 08 - 17) is due to begin. In Cuba, just like in Venezuela, books can be bought at low cost, since book publications are sponsored by the state. All segments of society can afford to buy and read ...
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Venezuela Aspires to Become an Exporting Power
Caracas, May 22 (Prensa Latina) Venezuelan Minister of Trade, Alexander Fleming, said today that steps are taken to make Venezuela a leading exporter in a medium term. Fleming is involved in the implementation of technical talks with businessmen associated to the health area, with whom he would analyze the current situation in that sector. Likewise, the minister said he will address the issues ...
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Venezuelas ties with Africa
At the third Summit Africa - South America (ASA)held in Malabo, Equatorial Guinea, 63 countries participated, including Venezuela, which was represented by the Venezuelan Foreign Minister, Elas Jaua. He read a letter written by President Hugo Chvez to the ASA members in Malaba. The Venezuelan President highlighted the ties between both ...
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Eni CEO U.S. production may lead oil prices to drop globally
Paolo Scaroni, CEO of ENI SpA Although many in the U.S. energy industry are still floating on the euphoria brought on by prolific oil and gas production in the nations shale plays, an Italian energy executive is warning that oil producers may have hard times ahead. Paolo Scaroni, CEO of Italys oil company Eni SpA, told the Financial Times that unless there is a boom in the global economy, oil ...
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Ten members of Venezuelan family killed as authorities fail to investigate
How many more members of the Barrios family have to die before the Venezuelan authorities take action to address the issue head on? Urgent action needs to be taken immediately to investigate these murders and protect the ...
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Seven Seas Water names South American HQ president
Claudio Baldovino has been named the new president for the South American headquarters of Seven Seas Water Corp. He previously was a partner and director of private equity for Buena Vista Capital, a private investment firm in Santiago, according to a statement. Baldovino has also worked for Rothschild Group in London, Buenos Aires, Lima and New York, the statement said. Adding Baldovino to the ...
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