Bureau Chief, Andean Region
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Oct 23, 2015

Venezuela sues black market currency website in United States

CARACAS (Reuters) – Venezuela’s Central Bank filed a lawsuit on Friday with allegations of “cyber-terrorism” against a U.S.-based website that tracks the OPEC member’s currency black market.

The DolarToday site has enraged President Nicolas Maduro’s government by publishing a rate in Venezuelan bolivars for the greenback far higher than the three official levels under Venezuela’s 12-year-long currency controls.

Oct 21, 2015

Socialists accuse Venezuela businessman, economist of ‘treason’

CARACAS (Reuters) – Socialist Party legislators on Wednesday asked state prosecutors to investigate Venezuela’s billionaire businessman Lorenzo Mendoza and Harvard economist Ricardo Hausmann for alleged crimes including “treason.”

State media last week broadcast a private conversation between the pair in which Hausmann insists Venezuela’s crisis-hit economy will need an International Monetary Fund (IMF) intervention to the tune of $40 billion to $50 billion.

Oct 21, 2015

Venezuela’s president says oil industry needs $88 price

CARACAS (Reuters) – President Nicolas Maduro said on Tuesday the global price of oil would need to roughly double to $88 in order to guarantee investments in coming years and reiterated Venezuela’s call for a summit of OPEC and non-OPEC producer nations’ leaders.

Maduro, whose recession-hit South American nation depends on oil for about 96 percent of hard currency income, was explaining Venezuela’s position ahead of a technical meeting of experts from OPEC and non-OPEC countries in Vienna.

Oct 19, 2015

Venezuela’s president calls for prosecution of business leader Mendoza

CARACAS, Oct 18 (Reuters) – Venezuela’s president on Sunday
urged legal action against billionaire businessman Lorenzo
Mendoza over a phone call which airs the possibility of an
international bailout for the OPEC nation’s ailing economy.

The 50-year-old Mendoza runs Venezuela’s largest private
company, Empresas Polar, and has often been cast as a symbol of
unscrupulous capitalism by socialist President Nicolas Maduro
and his predecessor Hugo Chavez.

Sep 23, 2015

Relishing new Wi-Fi, Cuba’s young clamor for more

HAVANA, Sept 23 (Reuters) – Headphone-clad youths pore over
phones on a street corner at dusk. A mother holds a laptop on
Havana’s seafront as her children cackle at seeing family
abroad. Surreptitious vendors offer Internet cards at a markup.

Cuba’s new Wi-Fi hotspots – 35 nationwide since July with
more promised soon – are a sensation in a highly controlled
country with one of the world’s lowest Internet penetrations.

Sep 20, 2015

Pope tells U.S. and Cuba to push detente further

HAVANA (Reuters) – Pope Francis exhorted Cuba and the United States on Saturday to set an example for the world by deepening the recent rapprochement that he helped secretly broker between the former Cold War foes.

His zucchetto skullcap flying off in the Caribbean breeze at the start of a nine-day tour of Cuba and the United States, the Argentine pope used his arrival speech at Havana airport to praise this year’s normalization of diplomatic relations.

Sep 19, 2015

Pope to witness impact of U.S.-Cuba detente he helped spur

HAVANA (Reuters) – Pope Francis begins a nine-day tour of Cuba and the United States on Saturday where he will see both the benefits and complexities of a fast-evolving detente between the old Cold War foes that he helped broker.

Better sensitized to the issue than predecessors because of his Latin American roots, the 78-year-old Argentine pontiff facilitated a back channel for talks and sent missives to Presidents Raul Castro and Barack Obama in 2014.

Sep 17, 2015

Cubans to welcome ‘socialist’ pope; don’t expect miracles

HAVANA (Reuters) – Flattered by a third papal visit in less than two decades, Cubans feel especially warm to Pope Francis for his fellow Latin American blood, humble image and help towards ending hostilities with the United States.

Yet for all the goodwill on the streets of Havana ahead of the pontiff’s arrival on Saturday, there are low expectations among Cubans that his three-day visit will spur any major domestic change on the Communist-run island of 11 million people.

Sep 16, 2015

Cuba’s Raul Castro to ‘coincide’ with Obama at U.N. this month

HAVANA (Reuters) – Presidents Raul Castro and Barack Obama, who are forging a new detente between Cuba and the United States, are bound to cross paths again at a U.N. gathering in New York this month but do not have a formal meeting set, Cuba said Wednesday.

Both leaders, who held a historic meeting at a regional summit in Panama in April, are to due to address the U.N. General Assembly on Sept. 28.

Sep 11, 2015

U.S.-Venezuela rapprochement rocked by Lopez sentence

CARACAS (Reuters) – Venezuela accused the United States on Friday of jeopardizing a nascent rapprochement between the two ideological foes with “insolent” criticism of a 14-year jail sentence handed to opposition leader Leopoldo Lopez.

Coming on top of the outrage of Lopez’s family and supporters following his conviction late on Thursday, U.S. Secretary of State John Kerry said Washington was “deeply troubled” as he called the charges “illegitimate” and urged the release of all jailed government opponents.

    • About Andrew

      "Andrew Cawthorne is a British journalist who has worked for Reuters since 1992 on various assignments in Latin America, Africa, Europe and the Middle East. Prior to that, Andrew worked on newspapers for several years."
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