(Bloomberg) — Venezuela will increase workers’ monthly income by 30% as Nicolás Maduro seeks to bolster support ahead of presidential elections in July. Most Read from Bloomberg Maduro said workers will receive a monthly wage equivalent to $130 from a prior $100, during a speech commemorating the Labor Day holiday on Wednesday. That compares to […]
Venezuela’s main opposition coalition agreed on Friday to unite behind former diplomat Edmundo Gonzalez as its challenger to President Nicolas Maduro in this summer’s election, acting one day before the deadline to formalise its candidate. The decision was reached unanimously by the 10 parties in the Unitary Democratic Platform, Omar Barboza, the coalition’s executive secretary, […]
By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS (Reuters) -The day after the United States announced it would reimpose costly limits on Venezuela’s oil sector, the South American nation braced for the consequences and its president warned that the “grave error” would also hit U.S. interests. Announced by U.S. officials on Wednesday, Venezuela’s loss of a […]
The Nicolás Maduro regime is about to approve a new law that would provide its security forces more tools to quash dissension inside Venezuela by turning protesting into a criminal act that could be punished with a stiff prison sentence. The bill, known in Venezuela as the law against fascism, could be used against anyone […]
CARMEL, N.Y. (AP) — With his strong military bearing, purposeful stride and firm handshake, Cliver Alcalá still looks every bit the retired three-star Venezuelan army general, even though the only uniform he wears now are drab jailhouse khakis. A formidable opponent of socialist Venezuelan President Nicolás Maduro who twice tried to mount coups against him, […]
For a cargo plane, the Venezuelan Boeing 747 has sure had a controversial history. Originally owned by a U.S.-sanctioned Iranian airline, it was sold to a sanctioned Venezuelan airline, which had big plans for the aircraft until it was detained in Argentina under suspicion that it was carrying Iranian spies. The June 2022 incident in […]
By Mayela Armas and Vivian Sequera CARACAS (Reuters) – Venezuela’s recent abrupt reversal in its nascent rapprochement with the United States and domestic opponents is likely a response to declining support among its traditional base, according to sources close to the ruling party, voters and analysts. After months of thawing U.S. relations, the administration of […]
MIAMI (AP) — A group of Senate Republicans on Thursday urged the Justice Department to release its investigative file on a key fixer for Venezuela’s socialist government pardoned by President Joe Biden ahead of trial on money laundering charges. Alex Saab, 52, was released from federal prison in Miami last month as part of a […]
By Luc Cohen and Alexandra Ulmer NEW YORK (Reuters) – U.S. President Joe Biden has decided to grant clemency to Alex Saab, an ally of Venezuelan President Nicolas Maduro, as part of a deal in which Maduro’s government released Venezuelans linked to the political opposition and 10 detained Americans. Here are some details of the […]
By Mayela Armas CARACAS (Reuters) – Venezuela’s release of 30 U.S. and domestic prisoners in exchange for freedom for a key ally of President Nicolas Maduro represents an opportunity for Maduro to bolster his political strength ahead of elections next year, analysts said. Businessman Alex Saab was granted clemency by U.S. President Joe Biden and […]
(Bloomberg) — Venezuela nearly doubled its 2024 budget to 730 billion bolivars or the equivalent of $20.5 billion as President Nicolás Maduro prepares for presidential elections and forecasts additional spending for the defense of the Essequibo territory. Most Read from Bloomberg This is the first time that the defense of the Essequibo region will be […]
A day before their scheduled meeting, Guyana President Mohamed Irfaan Ali called Venezuela President Nicolás Maduro an “outlaw” who is “acting recklessly” in trying to wrest oil-rich land from Guyana. In an interview Wednesday with NBC News Now anchor Tom Llamas, Ali reacted to recent comments by Maduro that Venezuela “immediately will proceed to give […]