CARACAS (Reuters) – Venezuela’s petroleum export price has plunged by half during the second half of 2014 to $48, President Nicolas Maduro said on Monday in denouncing a U.S.-led “war” against Russia and his nation in the global oil market
The South American OPEC nation’s crude trades at a discount to the U.S. and Brent benchmarks because of its higher content of heavy oil.
CARACAS (Reuters) – President Nicolas Maduro named powerful Foreign Minister Rafael Ramirez to a new post as envoy to the United Nations on Friday, saying the appointment would strengthen Venezuela’s voice on the world body’s Security Council from Jan. 1.
Venezuela’s socialist government sees its imminent two-year seat on the Security Council as a chance to raise its international profile and counteract U.S. global influence.
CARACAS (Reuters) – Even as Cuba and the United States try to bury 50 years of enmity, Venezuelan leader Nicolas Maduro has seemed to be going in the other direction, vilifying “insolent Yankees” at rallies and threatening to cut ties completely.
Fellow leftists Cuba and Venezuela are arguably the most unconditional allies in Latin America, but Cuban President Raul Castro’s move to rapprochement with the old “imperialist” enemy contrasts with Maduro’s fury at U.S. plans for sanctions against his own government.
CARACAS, Dec 8 (Reuters) – President Nicolas Maduro again
fumed against Venezuela’s poor credit rating on Monday, saying
the OPEC nation needed external financing to help it cope with
oil price declines.
The socialist government has seen bond prices plunge, loan
costs rise and market speculation of default emerge this year
amid an economic slowdown exacerbated by a declining price of
oil, which accounts for 96 percent of export revenues.
CARACAS (Reuters) – Racism in the United States appears to have worsened during the administration of its first black leader, Venezuela’s President Nicolas Maduro said on Saturday.
Maduro, who has come under fire from President Barack Obama’s government in recent weeks for his treatment of domestic political foes, said he was appalled by recent cases of police killings of blacks in the United States.
CARACAS (Reuters) – Students rise to their feet as a uniformed Venezuelan brigadier-general enters a large classroom at a Caracas military institute and proclaims: “Chavez lives!”
In unison, they reply: “The fight goes on!” before settling at their desks for an hour-long lecture punctuated with references to Venezuela’s late socialist leader Hugo Chavez, who died of cancer last year.
CARACAS (Reuters) – For a much-touted “re-launch” of Venezuela’s opposition, the turnout was poor: only a few hundred activists joined a rally led by the coalition’s new head in Caracas last month.
Despite the enthusiasm and unity shown in two ultimately unsuccessful presidential races against socialist leader Hugo Chavez in 2012 and his handpicked successor Nicolas Maduro last year, opponents are once again divided and demoralized.
CARACAS (Reuters) – A display showing mannequins of pregnant schoolgirls at a Caracas mall is shocking shoppers and stirring debate over sex education in Venezuela.
Two local charities have dressed up three mannequins behind a shop window as girls with bulging stomachs under the blue uniforms used by school children here until age 15.
CARACAS, Oct 26 (Reuters) – Venezuela has ruled out the sale
of state oil company PDVSA’s U.S. refining subsidiary Citgo
Petroleum, Finance Minister Rodolfo Marco said in an
interview published in local media on Sunday.
“The sale of Citgo has been ruled out and the president has
affirmed it,” Marco told newspaper El Universal.
CARACAS (Reuters) – Venezuelan President Nicolas Maduro lambasted Spain’s Prime Minister Mariano Rajoy on Friday and ordered a revision of bilateral ties over his call for an opponent of Maduro to be released from jail.
The conservative Rajoy met the wife of Venezuelan protest leader Leopoldo Lopez in Madrid this week, Tweeting a photo with an exhortation for him to be freed and protests allowed.