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Tag Archives: venezuela

Maduro makes ‘terrible mistake’ in blocking Venezuela aid: Trump

Washington, United States | AFP | President Donald Trump said on Wednesday that Venezuela’s leftist leader Nicolas Maduro is “making a terrible mistake” by blocking US humanitarian aid. Trump said it was “sad” that the oil-rich Latin American country is in “turmoil” and said Washington has still not ruled out sending troops to the region. …

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Week of turmoil in Venezuela

Caracas, Venezuela | AFP | Here are key developments in Venezuela since a band of soldiers briefly rose up against President Nicolas Maduro on January 21, with an opposition leader declaring himself “acting president” days later. – Brief uprising – On January 21 a group of soldiers take control of …

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Venezuela, an impaired oil giant

Paris, France | AFP | Venezuelan oil output has plunged by more than half in 30 years but the country still sits on the world’s biggest crude reserves, so any political changes will ripple worldwide. The country holds 17.9 percent of proven oil reserves, ahead of Saudi Arabia at 15.7 percent, …

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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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5.3 million people will have fled Venezuela by end of 2019: UN

Geneva, Switzerland | AFP | The United Nations on Friday forecast that 5.3 million Venezuelans will have fled the country by the end of next year, an exodus that amounts to “a humanitarian earthquake”. The UN agencies for refugees (UNHCR) and migration (IOM) announced the estimates as they unveiled their …

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Maduro labels Pence ‘a madman’ for Venezuela caravan link

Caracas, Venezuela | AFP | Venezuela’s President Nicolas Maduro on Wednesday labelled US Vice President Mike Pence “a madman” after he accused Caracas of financing the Honduras migrant caravan marching towards the United States. “What tremendous convening power I have in Central America, Mike Pence! If it wasn’t for an …

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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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