Friday, 15 February 2019
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Tag Archives: Venezuela

How Venezuela turns its useless bank notes into gold

EL CALLAO: Venezuela’s most successful financial operations in recent years have not taken place on Wall Street, but in primitive gold-mining camps in the nation’s southern reaches. With the country’s economy in meltdown, an estimated 300,000 fortune hunters have descended on this mineral-rich jungle area to earn a living pulling ...

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EU powers recognise Guaido as Venezuela’s leader

CARACAS: The UK, France, Germany, Spain and other European countries have officially recognised opposition leader Juan Guaidó as interim president of Venezuela. It comes after President Nicolás Maduro defiantly rejected the EU’s Sunday deadline to call snap elections. Russia – a backer of Mr Maduro – accused EU countries of ...

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5,000 people leaving Venezuela every day

UN: Nearly 5,000 people leave Venezuela every day, the UN Refugee Agency said. Joung-ah Ghedini-Williams, a spokesperson for the UN High Commissioner for Refugees (UNHCR), said at a press conference at UN headquarters that Venezuelans are leaving the country because of “instability and uncertainty” amid a crisis over the presidency. ...

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Venezuela opposition leader declared himself President

The report comes a few days after US President Donald Trump tweeted that he “officially recognised” Venezuela’s opposition leader Juan Guaido as the country’s Interim President. Venezuelan opposition leader Juan Guaido declared himself the country’s Interim President after he received a call on Tuesday from US Vice President Mike Pence, ...

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Brazil rejects possibility of military Operation against Venezuela

BRASILIA: Brazilian Vice President Hamilton Mourao has rejected the possibility of Brazil taking part in any kind of a military operation against neighbouring Venezuela, which has recently seen an escalation of its months-long political crisis, the Global news outlet reported. According to the Global news outlet, Mourao has stressed that interference ...

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Venezuela breaks diplomatic ties with United States

CARACAS: Venezuelan President Nicolas Maduro said that the United States had attempted to stage a coup in the country. Venezuelan President Nicolas Maduro announced that Caracas was breaking diplomatic and political relations with the United States , and gave American diplomatic staff 72 hours to leave. Maduro stressed that the ...

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Increasingly isolated Venezuelan president begins new term

CARACAS: Venezuelan President Nicolas Maduro began a new term with the economy in ruins and his regime more isolated than ever as regional leaders declared his re-election illegitimate and shunned his inauguration. The 56-year-old socialist leader was sworn in by Supreme Court president Maikel Moreno as an audience of hundreds, ...

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Venezuela Navy intercepts fossil fuel survey ship in Guyana waters

CARACAS: The privately-owned survey vessel was forced to interrupt operations and retreat eastward, the ship’s owner said in a statement. The Venezuelan Navy intercepted a Bahama-flagged ship conducting a geological survey on behalf of ExxonMobil the waters of neighboring Guyana, according to a Saturday statement from the nation’s Foreign Ministry. The ship, Ramform Tethys, easily ...

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2.3 million Venezuelans have fled crisis since 2015

UN: At least 2.3 million people have fled Venezuela’s economic and political crisis since 2015, the UN said, warning that host countries’ capacity to shelter them was now “severely strained”. The UN agencies for refugees and migration said that more than three million Venezuelans now live abroad. “Most of these ...

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Venezuelan President has survived an drone attack

CARACAS: The Venezuelan government has said that the country’s president, Nicolas Maduro, has survived an assassination attempt. At least one explosion rocked a military event where Maduro was giving a speech on Saturday. Maduro said “everything points” to a right-wing plot that initial investigation suggested was linked to Colombia and ...

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