Venezuela

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Venezuela's Maduro Announces $6 'Baby Jesus Bonus' for Needy Families.

Venezuelan dictator Nicolás Maduro announced a $6 "Baby Jesus Bonus" for the country's poorest families in an effort to ease the pressure of the socialist country's worsening humanitarian crisis.

- Breitbart - US

Castro meets North Korea minister amid hope Cuba can defuse tensions | Reuters.

HAVANA - Cuban President Raul Castro met with North Korean Foreign Minister Ri Yong Ho on Friday amid hopes the Communist-run island might be able to convince its Asian ally to avert a showdown with the United States. Cuba's President Raul Castro attends an ALBA alliance summit to mark the fourth anniversary of the death of ...

- Firstpost - IN

Crystallex reaches settlement in legal fight with Venezuelan government.

- Financial Times - US

US demands visits with oil executives jailed in Venezuela.

- Townhall.com - US

Venezuela's PDVSA To Cut Costs By 50%.

Venezuela's state oil company PDVSA has launched a cost-cutting drive aimed at slashing expenses by half as the company continues to struggle with declining oil production and unpaid debts. The company sent to all its divisions and joint ventures a list of reforms, declaring a national economic emergency'. The reforms, ...

- OilPrice.com - US

Venezuelans suffer as malaria outbreak spreads in drug-short nation.

CIUDAD GUAYANA , Nov 24 — On a recent morning in Venezuela's southern jungle state of Bolivar, Amanda Santamaria, her two sons, one daughter-in-law, and a granddaughter lined up in front of a shabby community health centre in the...

- The Malay Mail - MY

Venezuelans suffer as malaria outbreak spreads in drug-short nation.

CIUDAD GUAYANA, Venezuela - On a recent morning in Venezuela's southern jungle state of Bolivar, Amanda Santamaria, her two sons, one daughter-in-law, and a granddaughter lined up in front of a shabby community health center in the hope of receiving treatment for malaria.

- Reuters - US

Transport chief Tugade: I wanted Chavez to stay.

Transportation Secretary Arthur Tugade on Friday clarified anew that he did not ask Undersecretary for Rails Cesar Chavez to resign, adding that he actually wanted him to stay.

- GMA News - PH

Venezuela's Maduro keeps eye on prize: 2018 presidential vote.

Government sources say a buoyant Maduro is now considering driving home his advantage The post Venezuela's Maduro keeps eye on prize: 2018 presidential vote appeared first on The Express Tribune.

- The Express Tribune - PK

Venezuela's Maduro keeps eye on prize: 2018 presidential vote.

CARACAS - Just months ago, with crowds of protesters baying on the streets for the resignation of the "dictator" and "murderer," Venezuelan President Nicolas Maduro looked like a goner.

- Reuters - US

U.S. asks Venezuela for access to detained Citgo executives.

CARACAS - Washington has asked the government of leftist Nicolas Maduro for access to Venezuelan-American executives of U.S.-based refiner Citgo detained in Caracas this week, a State Department official said on Thursday.

- Reuters - US

Ballet ace encourages Hong Kong students of all ages, noting time is greatest challenge in city

Young Hong Kong dancers have nearly everything going for them except time, an internationally renowned ballerina has observed. Venezuelan-born Victoria Vargas, a globetrotting ballerina and choreographer, expressed sympathy over the sight of local children running on tight schedules filled with activities and carrying heavy ...

- South China Morning Post - HK

U.S. asks Venezuela for access to detained Citgo executives

Washington has asked the government of leftist Nicolas Maduro for access to Venezuelan-American executives of U.S.-based refiner Citgo detained in Caracas this week, a State Department official said on Thursday. Five of six Citgo executives arrested on graft allegations are U.S. citizens, a source familiar with the matter ...

- Yahoo! News - US

Usec. Chavez quits amid MRT 3 woes

Invoking delicadeza' and taking responsibility for the problems plaguing the Metro Rail Transit 3 system, Transportation Undersecretary for Railways Cesar Chavez resigned on Thursday. The post Usec. Chavez quits amid MRT 3 woes appeared first on Inquirer News.

- Philippine Daily Inquirer - PH

Resigned DOTr Usec. Chavez may have been disheartened, says party mate Koko

Transportation Undersecretary for Railways Cesar Chavez may have been disheartened over the problems hounding the Metro Rail Transit Line 3 , Senate President Aquilino "Koko" Pimentel III said Thursday.

- GMA News - PH

Venezuela To Try US Citizens & Former Citgo Executives As Traitors

Six Citgo executives—US citizens—that Venezuela arrested as part of a corruption sweep will be tried as traitors, President Nicolas Maduro said. Citgo's President Jose Pereira and five senior executives were arrested earlier this week at an event in Caracas. Five of these have are US citizens holding dual US/Venezuelan ...

- OilPrice.com - US

Maduro Names Chavez' Cousin As Citgo Boss

Venezuela's President Nicolas Maduro appointed the cousin of late Hugo Chavez, Asdrubal Chavez, as the new head of PDVSA's U.S. refining and marketing business, Citgo. The announcement comes in the wake of the arrest and removal of Citgo's president and five senior executives earlier this week. The arrests were part of a ...

- OilPrice.com - US

Chavez cousin to lead Citgo, PDVSA's arm in US

Caracas, Venezuela, Nov 23 - Venezuelan President Nicolas Maduro on Wednesday named Asdrubal Chavez , a cousin of late leader Hugo Chavez , to lead Citgo, the state oil company's US affiliate. “He's straight off to be Citgo president, to restructure it, to get it back, to strengthen Citgo,” Maduro said in a ...

- CapitalFM Kenya - KE

Poe: Politics shouldn’t be factor in choosing replacement for Chavez

Senator Grace Poe on Thursday said Transportation Secretary Arthur Tugade should not consider political affiliations and alliances when choosing a replacement for newly-resigned Transportation Undersecretary for Rails Cesar Chavez.

- GMA News - PH

After Chavez resignation, lawmakers urge DOTr to lay down plans to solve MRT, traffic woes

Transportation Undersecretary Cesar Chavez's resignation amid successive Metro Rail Transit Line 3 woes drew mixed reactions from senators and congressmen. All of them, however, agreed that Chavez's resignation stressed the need for the Department of Transportation to immediately lay down its plans to address MRT and ...

- GMA News - PH

Detained Venezuelan-U.S. Citgo executives to be tried as 'traitors': Maduro

By Steve Holland and Alexandra Ulmer WASHINGTON/CARACAS - Venezuelan President Nicolas Maduro said on Wednesday that Venezuelan-American executives at refiner Citgo who were arrested in a corruption sweep this week would be tried as "corrupt, thieving traitors" despite a request by the United States to free them. Five of ...

- Sify - IN

Maduro: Detained Venezuelan-U.S. Citgo Executives to Be Tried as 'Traitors'

Venezuelan President Nicolas Maduro said on Wednesday that Venezuelan-American executives at refiner Citgo who were arrested in a corruption sweep this week would be tried as "corrupt, thieving traitors" despite a request by the United States to free them. Five of six executives of U.S.-based refiner Citgo who were arrested ...

- Voice of America - US

Usec. Chavez ng DOTr, nagbitiw dahil sa mga problema ng MRT3; Sec. Tugade, nasorpresa raw

Naghain ng kaniyang "irrevocable" resignation si Department of Transportation Undersecretary for Rails Cesar Chavez sa harap ng mga problemang nararanasan ng Metro Rail Transit system.

- GMA News - PH

Politics Shadow Arrests of Citgo Executives in Venezuela Graft Inquiry

Critics of Venezuela’s government say the arrests of the six executives are a reflection of the country’s increasingly ruthless politics.

- International NY Times - US

Venezuela needs our attention, but so do dictatorships-in-waiting Nicaragua and Bolivia

While the world is watching Venezuela's descent into a full blown dictatorship, scant attention has been paid to the slow-motion disappearance of democracy in two other countries: Nicaragua and Bolivia. … Click to Continue

- Miami Herald - US

Maduro: Detained Venezuelan-U.S. Citgo Executives to Be Tried As 'Traitors'

Venezuelan President Nicolas Maduro said on Wednesday that Venezuelan-American executives at refiner Citgo who were arrested in a corruption sweep this week would be tried as "corrupt, thieving traitors" despite a request by the United States to free them. Five of six executives of U.S.-based refiner Citgo who were arrested ...

- Voice of America - US

After Default, Venezuela's Fiscal Woes Spiral While Prosecutors Focus On Corruption

After months of popular unrest, President Nicolas Maduro appears to have cemented his grip on power. But the towering economic troubles that helped inspire that unrest are only getting worse.

- NPR - US

Hugo Chavez's cousin to lead Citgo, PDVSA`s arm in US

Venezuelan President Nicolas Maduro on Wednesday named Asdrubal Chavez -- a cousin of late leader Hugo Chavez -- to lead Citgo, the state oil company`s US affiliate.

- Zee News - IN

Opposition solons regard Chavez for 'noble' resignation

Opposition lawmakers hailed as noble' the decision of Undersecretary for Rails Cesar Chavez to resign from the Department of Transportation "out of delicadeza" amid the problems hounding the Metro Rail Transit 3 . The post Opposition solons regard Chavez for 'noble' resignation appeared first on Inquirer News.

- Philippine Daily Inquirer - PH

Suspects in Venezuelan corruption probe hold US passports

Five high-ranking officials arrested in Venezuela amid an anti-corruption sweep of its state-owned oil company's U.S.-based subsidiary carry American passports.

- FOX News - US

Detained Venezuelan-U.S. Citgo executives to be tried as 'traitors': Maduro

WASHINGTON/CARACAS - Venezuelan President Nicolas Maduro said on Wednesday that Venezuelan-American executives at refiner Citgo who were arrested in a corruption sweep this week would be tried as "corrupt, thieving traitors" despite a request by the United States to free them. Five of six executives of U.S.-based refiner ...

- Yahoo! News - US

DOTr Usec. Cesar Chavez resigns over MRT-3 mess

Department of Transportation Undersecretary for Rails Cesar Chavez resigned from his post on Thursday following the series of technical glitches that hit the Metro Rail Transit 3 . The post DOTr Usec. Cesar Chavez resigns over MRT-3 mess appeared first on Inquirer News.

- Philippine Daily Inquirer - PH

Top executives of U.S.-based Citgo detained in Venezuela corruption probe

The arrests of the six company officials points to a possible struggle over loyalties in the country.

- Washington Post - US

Top executives of U.S.-based Citgo detained in Venezuela corruption probe

Observers say the move suggests a possible attempt by the government to ensure the loyalty of Citgo, the U.S. subsidiary of Venezuela's state-owned oil giant.

- Washington Post - US

Top executives of Citgo detained in Venezuela corruption probe

The arrests here of six top executives of Citgo, the U.S. subsidiary of Venezuela's state-owned oil giant, amount to a dramatic shake-up in the leadership of the oil interests that have been keeping embattled President Nicolás Maduro in power. The move suggests, observers say, a possible attempt...

- Baltimoresun.com - US

Four U.S. Citizens Are Among Those Venezuela Detained for Alleged Graft at Citgo

Four of the six Citgo Petroleum executives arrested in Caracas Tuesday for alleged corruption are U.S. citizens, a company official said Wednesday.

- Wall Street Journal - US

Exclusive: Small Puerto Rican bank halts Venezuela correspondent services - source | Reuters

CARACAS - A small Puerto Rican bank that had been helping Venezuela carry out international trade operations has halted those services because of concerns about the reputational risks of doing so, a finance industry source with knowledge of the situation has told Reuters. A woman counts Venezuelan bolivar notes at a ...

- Firstpost - IN

Five U.S. citizens among Citgo executives detained in Venezuela: source

By Steve Holland WASHINGTON - Five of six executives of U.S.-based refiner Citgo who were arrested in Caracas this week are U.S. citizens, according to a source familiar with the matter, a possible complication in Venezuela's growing sweep of corruption in the oil industry. Military intelligence agents detained the ...

- Yahoo! News - US

'Death spiral': 4,000% inflation in Venezuela

Read full story for latest details.

- CNNMoney - US

Top executives of U.S.-based Citgo detained in Venezuela corruption probe

The arrests of the oil executives pointed to a struggle for loyalties in Venezuela.

- Washington Post - US

Venezuela Detains Four U.S. Citizens for Alleged Corruption at Citgo

Four of the six Citgo Petroleum executives arrested in Caracas Tuesday for alleged corruption are U.S. citizens, a company official said Wednesday.

- Wall Street Journal - US

Indian Oil Corp studies renewed Venezuelan crude purchases | Reuters

NEW DELHI - Indian Oil Corp is considering buying Venezuelan crude for the first time in at least six years, in a move that could help the crisis-struck South American nation settle unpaid bills with another state-owned Indian energy firm. The post Indian Oil Corp studies renewed Venezuelan crude purchases | Reuters ...

- Firstpost - IN

Venezuela Detains Four U.S. Citizens for Alleged Corruption

Four of the six Citgo Petroleum executives arrested in Caracas Tuesday for alleged corruption are U.S. citizens, a company official said Wednesday.

- Wall Street Journal - US

Indian Oil Corp Studies Renewed Venezuelan Crude Purchases

Indian Oil Corp is considering buying Venezuelan crude for the first time in at least 6 years, in a move that could help the crisis-struck South American nation settle unpaid bills.

- Rigzone.com - US

10 missing after boat sinks near Venezuela-Colombia border

BOGOTA, Colombia , Ten people were missing Tuesday after a boat coming from Venezuela sank in the Orinoco River, bordering Columbia, while eight were rescued, officials said.The boat capsized at dawn with 18 people aboard due to rapidly rising water caused by heavy rains, but another boat came to the rescue, a civil defence ...

- JamaicaObserver.com - JM

Venezuela arrests six top executives from PDVSA's US subsidiary Citgo

Venezuela on Tuesday arrested the acting president and five other top executives in charge of Citgo, the US refinery subsidiary of troubled state oil company PDVSA, on corruption charges. "Six senior executives have been arrested," said chief prosecutor Tarek William Saab, adding that the charges included embezzlement, bid ...

- Yahoo! News - US

Bankrupt Venezuela Asks Partners For Free Oil

Now that Venezuela, and its state-owned petroleum company PDVSA, were both officially declared in default on their debt by ISDA last Friday, analysts were closely watching what the insolvent Maduro government would do next, now that it is - at least on paper - isolated from most international capital markets . We didn't ...

- OilPrice.com - US

Citgo President And 5 VPs Arrested On Embezzlement Charges

Citgo President Jose Pereira and five of the company's vice presidents have been detained in Venezuela on embezzlement charges, according to emerging reports. The U.S. subsidiary for PDVSA had suffered from unfavorable loans granted by the company's detained senior officials, chief prosecutor Tarek William Saab said on ...

- OilPrice.com - US

Venezuela Arrests Top Citgo Executives

Venezuelan authorities arrested the acting president of Citgo, the U.S. subsidiary of state-owned Petroleos de Venezuela SA , along with five other senior executives Tuesday for alleged corruption. Attorney General Tarek William Saab told a press conference that interim president Jose Pereira and other managers allegedly ...

- Voice of America - US

Officials: Acting Citgo president detained in Venezuela

- Townhall.com - US

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