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ICSID Orders Venezuela to Pay $98m to British Vestey Group over Cattle Ranch Nationalization

Vestey’s El Charcote estate in Cojedes, Venezuela. (Chico Sanchez/EPA)

The World Bank’s international arbitration court has ordered the Venezuelan state to pay USD$98 million in compensation to the British meat-producing conglomerate, Vestey Group, over land holdings expropriated in 2005.

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Venezuelan FM Assumes UNASUR Presidency, Warns of Imperialist Threats to Region

Venezuelan FM Delcy Rodriguez with UNASUR General Secretary Ernesto Samper. (teleSUR/Carla Gonzalez)

Venezuelan Foreign Minister Delcy Rodriguez took over the rotating presidency of UNASUR on Saturday, warning of ongoing imperialist threats to regional unity. 

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Venezuelan Conglomerate to Halt Beer Production

Polar supplies 80% of the beer consumed in Venezuela (Reuters).

Venezuela's largest private food company Polar announced it will cease beer production in less than two weeks, alleging inaccessibility to raw materials.  

 

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Venezuela Arrests 2 Over Panama Papers Scandal

 The Panama Papers are a trove of leaked documents from Panamanian law firm Mossack Fonseca, detailing how the firm aided the wo

Venezuelan prosecutors have announced the arrest of two relatives of a former security official named in the Panama Papers.

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Venezuelan Parliament Goes on Offensive to Oust Maduro

Venezuela's opposition controlled National Assembly (AVN)

Venezuela’s opposition-controlled legislature passed a constitutional amendment in first discussion this Wednesday. If approved by popular referendum, the reform will cut short the terms of mayors, governors, and even the current president, triggering presidential elections later this year.

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Venezuelan Oil Minister: US Sabotaged Doha Meeting

Del Pino said that Venezuela would keep working to broker an international oil market stabilisation deal despite Sunday’s outc

Venezuelan Oil Minister Euologio del Pino has accused the US government of deliberately scuppering the efforts of major oil-producing countries to put a cap on global production levels amidst a historic slump in oil prices. 

 

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Two Rival Marches Held in Caracas on Anniversary of Venezuela’s First Republic

The opposition rally (Alex Urbina/Sumarium)

Pro-government and opposition marches were held in Caracas this Tuesday, on the 206th anniversary of the founding of Venezuela’s First Republic.

 

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Venezuela Poised to Reenter Kimberley Process with Eye Towards New Diamond Mining

Venezuela seeks to reenter the Kimberley Process (archive).

Venezuela concluded a week of meetings with representatives of the Kimberley Process on Friday in what has been hailed as the final steps towards the South American country’s recertification as an international producer of non-conflict diamonds.

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Venezuela Sends Rescue Team and Humanitarian Aid to Ecuador

A Venezuelan rescue team poses for a photo as they prepare to board a plane to Ecuador to join rescue efforts after a massive ea

Venezuela became the first country to send humanitarian aid to Ecuador following a devastating 7.8 magnitude earthquake Saturday evening.

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Venezuelan Opposition Rejects Truth Commission Despite Presence of UNASUR, Ex-Presidents

National Assembly President Henry Ramos Allup. (Archive)

Venezuela’s right-wing opposition coalition announced Tuesday it will not participate in the new Truth Commission established by the national government to investigate 2014’s violent anti-government protests known as the guarimbas.

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Venezuela's President to Move Into Public Housing Unit, Amid Protests Over Housing Privatization

Thousands of Maduro supporters have rallied in Caracas against proposed reforms to the GMVV. (AVN)

Thousands of Venezuelans protested Thursday against proposed legislation that critics say would privatize the country's public housing sector, while President Nicolas Maduro said he himself hopes to move into a public housing unit.

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Former Minister Presents Alleged Cases of Corruption by Top Officials Before National Assembly

Former Minister of Electrical Energy and Education Héctor Navarro (Aporrea tvi)

Ex-minister Héctor Navarro spoke before legislators Wednesday to denounce alleged cases of corruption by government officials.

 

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Venezuela to Export Marble as US Oil Contractor Reduces Operations Over Payment Difficulties

Venezuela will export 60 tons of marble per month. (Courtesy)

Venezuela begins exporting marble to the Caribbean amid reports that French-US oil contractor Schlumberger plans to cut back services due to payment difficulties. 

 

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Venezuela's Supreme Court Strikes Down Amnesty Law as Maduro Convenes Truth Commission

An anti-government protester during the 2014 protests in Venezuela. (EFE)

The Venezuelan Supreme Court (TSJ) unanimously ruled on Monday that a controversial amnesty law passed by the country's opposition-controlled parliament is unconstitutional. 

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Iconic Photo of Shortage-Ridden Venezuelan Supermarket Taken in New York

The original high resolution photo. Original caption: "A shopper passes empty shelves while looking for bottled water at a

A photo widely circulated by international media as a depiction of chronic shortages in Venezuela was actually taken in New York in 2011, reports Spanish website FCINCO.

 

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