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Tag Archives: Venezuela

Dozens of Venezuelan protesters block embassy centre in Madrid

Friday, 12 May 2017 MADRID – Dozens of protesters against Venezuela’s socialist President Nicolas Maduro massed outside a cultural centre in Madrid on Thursday evening as the country’s ambassador to Spain, who was stuck inside, decried what he called a “kidnapping” by demonstrators. Several hundred people gathered outside the extension …

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Venezuela inflation hits 800% in 2016, GDP contracts nearly 19%

Saturday, 21 January 2017 CARACAS:  Venezuelan consumer prices rose 800% in 2016 while the economy shrank 18.6%, according to preliminary central bank figures, the sharpest economic contraction in 13 years and the worst inflation reading on record. An extended slump in oil prices has turned the OPEC nation’s once-prosperous economy …

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U.S. Sanctions Eight More Venezuelans Which Including Hugo Chavez’ Brother

Thursday, 10 August 2017 :  The Trump administration on Wednesday imposed sanctions on eight more Venezuelan officials, including the brother of late socialist leader Hugo Chavez, to punish them for their role in President Nicolas Maduro’s creation of a new legislative superbody, U.S. officials said. The United States targeted individual …

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Venezuelan business leader slams Maduro’s congress plan

Thursday, 20 July 2017 MARACAIBO, Venezuela – Venezuela’s severe economic crisis will worsen if President Nicolas Maduro presses ahead with a controversial new congress that would further undermine investor confidence in the OPEC nation, the head of the country’s biggest business guild said. Despite months of protests by the majority-backed …

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