Monthly Archives: October 2016

U.S. Said to Be Closing In on PDVSA-Linked Seizures, Charges

BLOOMBERG: Federal prosecutors are preparing to charge several individuals and confiscate their property over the alleged looting of Venezuela’s state oil company in what may amount to one of the biggest asset seizures in U.S. history. Three people familiar with the case say the government has been investigating at least a dozen Venezuelans and is expected to file charges in Houston… Read more »

Venezuela protests against Maduro escalate, dozens injured

REUTERS: Venezuela’s increasingly militant opposition stepped up its push to oust leftist leader Nicolas Maduro on Wednesday with protests that drew hundreds of thousands but also saw unrest leading to dozens of injuries and arrests. In an incident sure to inflame the already polarized situation, a policeman died after being shot on Wednesday night in central Miranda state. The government blamed… Read more »

Venezuela crisis enters dangerous phase as Maduro foes go militant

REUTERS: In a curious convergence of events on the same day last week, four Venezuelan provincial courts issued identical rulings, state governors quickly hit Twitter to celebrate, then the election board emailed a short but bombshell statement. Opposition hopes for a referendum to recall President Nicolas Maduro were dashed, on grounds of fraud in an initial signature drive. The vote… Read more »

Booming business on Venezuela’s ‘wild’ border

Al Jazeera: Puerto Santander, Colombia, on the Venezuelan border – Dicson has 1.4 million Venezuelan bolivars ($140,700) stuffed under the backseat of his car. Stacks upon stacks of cash are neatly sorted and tucked away, earned from the sales at his shop in Puerto Santander, a Colombian town on the Venezuelan border. The 47-year-old smiles as he covers up the… Read more »

Nicolas Maduro talks offer divides Venezuela opposition

Al Jazeera: Major factions of Venezuela’s opposition coalition have denied joining government-proposed talks, just hours after the group’s head agreed to hold dialogue with President Nicolas Maduro following intervention by the Vatican. In a surprise move, Jesus Torrealba, the leader of the opposition Democratic Unity coalition (MUD), had agreed to join the dialogue proposed by the socialist Maduro following his meeting with… Read more »

Venezuela suspends recall vote against President Maduro

Al Jazeera: Electoral officials in Venezuela have suspended a recall referendum campaign against President Nicolas Maduro, a move that further challenges opposition efforts to oust the socialist leader in the wake of a deepening economic crisis. Thursday’s decision by the electoral council came after several regional courts voided the results of an earlier signature drive against Maduro due to fraud… Read more »

Hurricane Matthew: 1.4 million need help in Haiti

Al Jazeera:  Haiti faces a crisis that requires a “massive response” from the international community, the United Nations has said, with at least 1.4 million people needing emergency aid after Hurricane Matthew. The storm killed almost 1,000 people in the impoverished Caribbean nation, with that toll expected to rise as rescue workers reach previously inaccessible areas.