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Feb 14, 2014

Venezuela seeks protest leader’s arrest after unrest kills three

CARACAS (Reuters) – A Venezuelan court ordered the arrest on Thursday of opposition leader Leopoldo Lopez on charges including murder and terrorism linked to street protests that resulted in the deaths of three people the day before.

Using a slogan “The Exit,” the U.S.-educated Lopez has for two weeks helped organize sporadic demonstrations around the country to denounce President Nicolas Maduro for failing to control inflation, crime and product shortages.

Feb 13, 2014

Venezuela violence puts focus on militant ‘colectivo’ groups

CARACAS (Reuters) – This week’s explosion of violence in Venezuela has again put a spotlight on militant grassroots groups called “colectivos”, which view themselves as the defenders of revolutionary socialism but are denounced by opponents as thugs.

A well-known colectivo leader was shot dead during competing political demonstrations in Caracas on Wednesday, while opposition activists blamed colectivos for starting the violence in which two other people died.

Feb 13, 2014

Venezuelan rivals trade blame over protest killing at least three people

CARACAS (Reuters) – Venezuela’s government and the opposition traded accusations on Thursday after at least three people were shot dead in the worst unrest since protests last year that followed President Nicolas Maduro’s narrow election victory.

Almost a year after the death of socialist leader Hugo Chavez, the bloodshed on Wednesday was the latest demonstration of the OPEC nation’s deep polarization and the mutual mistrust between both political camps.

Feb 12, 2014

At least two killed by gunfire at Venezuela protests

CARACAS, Feb 12 (Reuters) – At least two people were shot
dead on Wednesday during anti-government protests in Caracas,
escalating the worst bout of unrest in Venezuela since turmoil
after President Nicolas Maduro’s election last year.

The deaths illustrated the South American OPEC nation’s deep
political divide and volatility almost a year after the death of
former socialist leader Hugo Chavez.

Feb 12, 2014

One dead in violent Venezuela protests: witnesses

CARACAS (Reuters) – One person was killed during standoffs at the end of an anti-government rally in Caracas on Wednesday, witnesses said, escalating the worst bout of unrest in Venezuela since protests against President Nicolas Maduro’s April 2013 election.

A Reuters cameraman and a photographer heard shots and saw one protester had fallen to the ground. The man was then carried away dead, the witnesses said, apparently shot in the head.

Jan 31, 2014

Venezuelan bikers protest nighttime riding ban despite high crime

CARACAS, Jan 31 (Reuters) – Nearly 2,000 motorcyclists
protested in Caracas on Friday, hooting horns and waving
Venezuelan flags outside a government office to show displeasure
with a ban on nighttime riding, which has been imposed to cut
crime in one of the world’s most dangerous cities.

Motorbikes are used in many of the robberies, kidnappings
and homicides for which the country is notorious. Stung by
criticism of numerous failed efforts to make the streets safer,
this month officials in Caracas and other areas made it illegal
to ride a motorcycle after 9 p.m.

Jan 8, 2014

Venezuela forex auction targets food staples amid high inflation

CARACAS, Jan 8 (Reuters) – Venezuela’s central bank said on
Wednesday that a new $90 million currency auction will include
companies in the food and packaging industries as the government
seeks to get more dollars to importers.

Under Venezuela’s foreign exchange system known as Sicad,
the bank holds weekly auctions to sell dollars at around 12
bolivars, compared with the official rate of 6.3 bolivars.

Jan 3, 2014

Vacation list spurs New Year political fight in Venezuela

CARACAS (Reuters) – Venezuela’s politicians are at each other’s throats after the government published a list of foreign trips enjoyed by opposition leaders during the Christmas and New Year holidays, saying it proved they don’t love their country.

President Nicolas Maduro accused opposition officials of being “right wing bosses” who complained about a crisis at home but had no problem jetting off to places like Aruba, Miami and Paris.

Dec 30, 2013

Venezuela says inflation slowing, annual rate is 56.2 pct

CARACAS, Dec 30 (Reuters) – Venezuela’s annual inflation hit
56.2 percent in 2013, the president said on Monday, but
officials said the monthly rate slowed in November and December
after the socialist government launched a campaign of forced
price cuts.

President Nicolas Maduro kicked off an “economic offensive”
last month after the annual inflation rate in October came in at
54.3 percent, ordering the inspection of thousands of businesses
accused of inflating prices.

Dec 16, 2013

PDVSA H1 revs fall, profits soar after tax change, devaluation

CARACAS/HOUSTON, Dec 16 (Reuters) – A change to the tax
system and a currency devaluation in Venezuela boosted state oil
firm PDVSA’s first-half results, but the company cut back on
social spending after heavy election-year outlays in 2012.

Total revenue fell 5.5 percent to $59.1 billion in the first
six months of 2013 as oil prices fell and the firm exported
fewer barrels. But net income soared 518 percent to $12.9
billion, according to a PDVSA report seen by Reuters on Monday.

    • About Daniel

      "Daniel used to work for The Times newspaper and PA News agency in London before joining Reuters in 2003. Since then he has reported on political, general and economic news from across east Africa, Iraq and Latin America."
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