Venezuela

    • Venezuela breaks relations with Colombia

      Venezuela breaks relations with Colombia

      Venezuela's embattled President Nicolas Maduro has announced he had cut diplomatic ties with Colombia amid escalating tension over an opposition-led effort to bring foreign aid across the countries' mutual border. In a statement on Saturday, said that in line with his decision all Colombian diplomats had been ordered to leave Venezuela within the next 24 hours.

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    • Standoff over aid with Venezuelan military escalates

      Standoff over aid with Venezuelan military escalates

      At least two people have died and 17 were injured Friday near the Brazil-Venezuela border in a standoff between a local indigenous community and the Venezuelan military over deliveries of humanitarian aid, local authorities report. Yet, opposition-led volunteers are continuing their efforts to get the first delivery into Venezuela on Saturday, despite the army blocking them.

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    • Venezuela denies MEPs entry

      Venezuela denies MEPs entry

      Venezuela denied a group of European Parliament deputies entry into the country on Sunday, arguing they had 'conspiratorial motives' for flying to Caracas in the throes of a political crisis.  According to a statement from the group, which consisted of members of the conservative European People's Party (PPE), all of their passports had been "seized" and they were being "expelled" in a rude matter without any explanation given. 

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    •  EU opens a humanitarian office in Caracas

       EU opens a humanitarian office in Caracas

      As many people continue to suffer from the severe socio-economic crisis in Venezuela, the EU Commission announced on Tuesday that it has allocated additional humanitarian assistance of €5m to help those most in need in the country. The amount is in addition to the humanitarian assistance totalling €34m for the crisis in 2018 alone.

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    • Maduro rejects European ultimatum on elections

      Maduro rejects European ultimatum on elections

      Venezuela's President Nicolas Maduro rejected Sunday the ultimatum by EU Member States to call snap elections after opposition leader Juan Guaido declared himself the Latin American country's legitimate leader. France, Germany and Spain had given Maduro until midnight on Sunday to call a presidential election, or they would recognise Guaido as the interim president. But a defiant Maduro said in an interview with Spanish television station Sexta that he would not "cave in to pressure" from those calling for his departure.

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    • Maduro rival claims Venezuela presidency

      Maduro rival claims Venezuela presidency

      Venezuela’s crisis escalated shockingly on Wednesday as Opposition Leader Juan Guaido declared himself country's interim president amid nationwide protests, trying to oust sitting leader Nicolas Maduro. Guaido, the 35-year-old recently elected head of Venezuela's National Assembly, took the oath of office on an outdoor podium in Caracas, flanked by yellow, blue and red Venezuelan flags. He raised his right hand as a crowd erupted in cheers. He promised to serve as interim leader and call for general elections.

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    • Venezuela's former treasurer took $1bn in bribes

      Venezuela's former treasurer took $1bn in bribes

      Venezuela's former national treasurer admitted receiving over US$1bn in bribes as part of illicit foreign currency operations that involved a local television mogul, according to court documents released on Tuesday. Alejandro Andrade, who ran the treasury for four years under late socialist leader Hugo Chavez, after being his bodyguard, reportedly received properties, platinum and gold Rolex watches and Mercedes Benz vehicles thanks to the scheme, the documents from the Southern District of Florida say.

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    • US to add Venezuela to terrorism sponsors list

      US to add Venezuela to terrorism sponsors list

      The Trump administration is reportedly getting ready to add Venezuela to the US list of state sponsors of terrorism in in what would be a dramatic escalation against the socialist government of Nicolas Maduro. The designation, which was reported by Washington Post, citing US officials and internal government emails, would place Venezuela on a list reserved for governments repeatedly accused of supporting "acts of international terrorism", such as Iran, North Korea, Syria and Sudan.

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    • Venezuela's 2019 inflation to hit 10m percent

      Venezuela's 2019 inflation to hit 10m percent

      Consumer prices in Venezuela have risen by nearly 500,000 percent over the past year, with the International Monetary Fund (IMF) warning that inflation may reach 10m percent in 2019. The central bank stopped releasing figures on inflation nearly 3 years ago, but Angel Alvarado, a member of the opposition-run congress, told media that hyperinflation reached 488,865% in the 12 months ending in September.

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