Dressed in white and chanting “this government will fall”, thousands of opposition supporters flooded Venezuela’s capital on Thursday to press for a recall referendum this year against Socialist President Nicolas Maduro. With protesters from the Amazon jungle to the western Andes, the opposition coalition aimed to collect at least one[…]
Venezuela has not been able to import all the crude and fuel it needs this year to cover shortfalls at oilfields and refineries as state-run PDVSA struggles to pay suppliers on time, according to trade sources and internal company data seen exclusively by Reuters. The decline is the largest in[…]
Tens of thousands of Venezuelans have poured across into neighbouring Colombia to buy basic goods amid shortages at home, during a brief opening of the border that has been closed for almost a year. Venezuelan President Nicolas Maduro closed the border in August 2015, citing smuggling and penetration by Colombian[…]
Thousands of Venezuelans have been queueing around the country to validate signatures as part of a long-drawn-out process to request a recall referendum against President Nicolas Maduro. Earlier this month, about 1.3 million people signed a petition for a recall vote – far more than the 200,000 required to move[…]
Venezuela’s economy is in tatters and food shortages have reached critical levels as the country battles the world’s highest inflation and a deep drop in oil production, its only source of revenue. Street protests and lootings are now a daily occurrence. At least four people have died in these protests[…]
Venezuela’s opposition has appealed for calm after electoral authorities cancelled a meeting on whether they could go ahead with efforts to remove President Nicolas Maduro in a referendum. The National Electoral Board (CNE) had been due to deliver its ruling on whether it accepted or rejected an initial petition with[…]
Gasoline will no longer be cheaper than water for Venezuelans after President Nicolas Maduro devalued the national currency and raised petrol prices 60-fold. “I take responsibility for it,” said Maduro. Caracas has hiked petrol prices for the first time in 20 years, as the oil-dependent Venezuelan economy is no longer[…]
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