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Venezuela’s Attorney General Will Not Pursue Case against Newspaper

The Attorney General's office decided that it would not have a case against the prominent newspaper El Universal in charging it with defamation. Its investigation suggests, though, that the Supreme Court could have a case against the paper.

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Venezuela Helps West Africa

Venezuela will donate $3 million in food aid to three hunger-stricken West African countries announced Venezuela's Vice-Minister of Foreign Relations.

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Venezuela and U.S. Say Policies Will Not Change after Noriega Leaves

Responding to U.S. State Department comments that the U.S. would not change its policies towards Venezuela with Roger Noriega’s resignation, V-P José Vicente Rangel said that neither would Venezuela change its policy. Meanwhile, there are “signs” for improved relations.

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Chavez Disappointed with His Government’s Public Housing Achievements

Reviewing his government's progress with the housing program, President Chavez said that he was disappointed with the results so far. Out of 120,000 homes to be built in 2005 only a third have been completed.

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Venezuela Rejects Charge it Interferes in Bolivia, Says U.S. Interferes There

Reacting to recent statements from U.S. State Department officials that there is proof that Venezuela is meddling in Bolivia, Venezuelan National Assembly spokesperson Saul Ortega says it is the U.S. that is meddling in Bolivian, according to Bolivian officials he spoke to.

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Poll: Chavez Enjoys 71.8% Approval Rating in Venezuela

Chavez currently enjoys one of his highest approval ratings since he was first elected in 1998. The social programs known as missions continue to be extremely popular, while unemployment is considered to be the country's most serious problem.

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Venezuela’s Information Minister Resigns in Favor of Telesur Post

Andrés Izarra, the Minister of Communication and Information, resigned today, so as to prevent possible conflict of interest with his position as president of the new continent-wide television channel Telesur.

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Venezuela’s Oil Company Presents Audited Finances of Industry Shutdown Year

Today, after a one-year delay, Venezuela's state-owned oil company presented its audited financial statement for 2003, the year in which the opposition practically shutdown the industry for two-months. The statement showed that the company lost at least $13.25 billion as a result of the shutdown.

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Venezuela Launches Telesur

Venezuela launched the new continent-wide television channel Telesur, which is supposed to break the media hegemony of northern corporate media and would allow Latin Americans to see themselves through their own eyes instead.

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Venezuela’s Central Bank Law Reform Allows Limited Government Use of Reserves

This week Venezuela's National Assembly passed a reform of the Central Bank Law, which will place $6 billion dollars or 20% of the country's foreign currency reserves in a special account to be used by the executive for purchases and investment abroad. According to Chavez, the country's excess reserves will benefit the country's development.

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Venezuela-U.S: Looming War of the Airwaves

The Venezuelan Congress approved a resolution opposing a decision by the U.S. House of Representatives to finance radio and TV broadcasts to Venezuela with the aim of countering Telesur, a new pan-Latin American station.

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Venezuela Dismisses Initiative for U.S. Government TV and Radio in Venezuela

The U.S. House of Representatives passed an amendment on Wednesday, which would support the creation of Radio and TV broadcasts into Venezuela in support of "freedom, security, and prosperity." Venezuela government officials dismissed the initiative, saying that Venezuela enjoys tremendous freedom of speech and plenty of anti-government programming.

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Unemployment Drops 3.7% in Venezuela

Unemployment dropped to 11.8% in June, one of its lowest rates since Chavez became president. Also, employment in the formal economy rose to 54.2%, a 4.5% point increase relative to June 2004.

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European Union to Monitor December Parliamentary Elections in Venezuela

A technical mission from the European Union is currently visiting Venezuela to prepare for the National Assembly vote that will take place in December of this year.

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Venezuela Assumes Presidency of Andean Community

Venezuelan President Hugo Chavez assumed the presidency of the Community of Andean Nations yesterday, promising to greatly advance Latin American integration during his tenure and making numerous proposals, such as the creation of a Bank of the South, a Humanitarian Social Fund, and a regional energy association.

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