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Tag Archives: Maduro

Juan Guaido: the ‘kid’ taking on Venezuela’s Maduro

  Caracas, Venezuela | AFP | Juan Guaido proudly calls himself a “survivor.” He will need to be: the bold young politician, head of Venezuela’s opposition-controlled legislature, became public enemy number one when he declared himself interim president Wednesday, defying embattled President Nicolas Maduro. Guaido did not set out to …

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Maduro brushes off risk of new sanctions after Sunday’s vote

Paris, France | AFP | Venezuela’s President Nicolas Maduro on Wednesday dismissed the threat of new sanctions following an early election called for Sunday, which critics have denounced as a sham aimed at tightening his grip on power. “These are unacceptable threats toward any sovereign nation,” Maduro said in an …

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Maduro raises minimum wage again as Venezuela battles hyperinflation

Caracas, Venezuela | AFP | Venezuela’s President Nicolas Maduro announced Monday he was almost doubling the minimum wage in an effort to tackle the crisis-wracked Latin American country’s runaway inflation. Venezuela’s economic collapse ranks as one of the worst in modern history, with hyperinflation likely to see prices soaring 13,000 percent …

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Venezuela’s Maduro in Algeria for talks on oil

Algiers, Algeria | AFP |  Venezuelan President Nicolas Maduro visited fellow OPEC member Algeria Monday for talks after announcing Caracas would sell crude oil in non-dollar currencies in a bid to resist US sanctions. Maduro arrived late Sunday in the North African country and met Senate speaker Abdelkader Bensalah on …

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Venezuela to sell oil in currencies other than dollar

Caracas, Venezuela | AFP | Venezuelan President Nicolas Maduro announced Friday his government will sell oil and other commodities in currencies other than the dollar, in a bid to weather US-imposed sanctions on the embattled country. “I have decided to start selling oil, gas, gold and all other products that Venezuela …

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Venezuela’s Maduro accuses opponents of ‘parliamentary coup’

Caracas, Venezuela | AFP |  Venezuelan President Nicolas Maduro accused the opposition-majority legislature Tuesday of staging a “parliamentary coup” after lawmakers voted to put him on trial amid a tense political and economic crisis. “I have called a meeting tomorrow at 11:00 am (1500 GMT) at the National Defense Council …

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