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.
CARACAS (Reuters) – President Nicolas Maduro’s government said on Thursday it had taken over warehouses around Venezuela crammed with medical goods and food that “bourgeois criminals” were hoarding for speculation and contraband.
The socialist government says businessmen and wealthy opponents are trying to sabotage the economy to bring Maduro down, while also seeking to make profits from hoarding, price-gouging and smuggling across the border to Colombia.
CARACAS (Reuters) – An outraged Venezuelan government sought on Friday to block an Argentine website that published photos of the corpse of a young Socialist Party legislator stabbed to death last week in a mystery that has convulsed the nation.
In a gruesome and murky case, Robert Serra, 27, a rising star in the ruling party, and his companion Maria Herrera, died of multiple knife wounds late at night in his Caracas home.
CARACAS (Reuters) – Venezuela will end up paying less than $1 billion to Exxon Mobil Corp for oil assets nationalized in 2007, after this week’s World Bank tribunal award, the Venezuelan government said on Friday.
Venezuela says it will deduct a previous award made against it by another international tribunal, the Paris-based International Chamber of Commerce (ICC), from Thursday’s $1.6 billion ruling by the World Bank’s ICSID body. “In concrete, exact terms, our republic will have to cancel something less than $1 billion, that is to say 5 percent of Exxon Mobil’s pretentions against our country,” said Ramirez, who until a cabinet reshuffle several weeks ago, was head of the oil ministry and state oil company PDVSA.
CARACAS (Reuters) – Venezuela’s new opposition chief is targeting 2015 parliamentary elections as a springboard to end more than 15 years of socialist rule.
Given its huge oil reserves and relatively small population of 29 million, Venezuela should not have to tolerate its “catastrophic” economic performance, Jesus Torrealba, the newly named leader of the opposition coalition, said in an interview.
CARACAS (Reuters) – A Venezuelan cartoonist said she was fired from her newspaper for a caricature that used the late socialist leader Hugo Chavez’s signature to satirize the state of healthcare.
“I was informed of my sacking from El Universal over this caricature and my awkward attitude over graphic satire,” veteran cartoonist Rayma Suprani said via Twitter late on Wednesday.
CARACAS (Reuters) – Venezuelan security forces have arrested 64 people during renewed demonstrations against President Nicolas Maduro’s government in the capital as well as the city of Barquisimeto, a rights group said on Saturday.
The detentions came on Friday when mostly student demonstrators organized protests to coincide with seven months since the Feb. 12 start of a major wave of demonstrations.
CARACAS (Reuters) – Venezuelan President Nicolas Maduro has called for legal action against a former government official who now teaches at Harvard University and wrote an opinion piece that contributed to a fall in the nation’s bond prices earlier this week.
Ricardo Hausmann, a Venezuelan planning minister in the 1990s, wrote that Venezuela was in arrears across various sectors of the economy and had “defaulted” on its people. “So, should Venezuela default on its foreign bonds?” he asked.
CARACAS (Reuters) – Venezuela said on Thursday it would extend an overnight closure of its border with neighboring Colombia for another three months in a campaign to stop widespread fuel and food smuggling.
The measures to stop traffic crossing between 10 p.m. and 5 a.m., and limit the movement of cargo vehicles during the day, were introduced in mid-August to combat the lucrative business in smuggling heavily subsidized Venezuelan products.