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Venezuela Highlights Mercosur Bloc’s Advancement in Caracas Summit

Venezuela handed over the pro tempore presidency of the Mercosur commercial bloc to Argentina on Tuesday during the 46th preside

Venezuela handed over the pro tempore presidency of the Mercosur commercial bloc to Argentina on Tuesday during the 46th presidential Mercosur summit in Caracas.

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Venezuela’s Maduro Designated New Party President at III PSUV National Congress

The congress began in Caracas on Saturday and will run until this Thursday (El Universal)

Venezuelan president Nicolas Maduro has been made the United Socialist Party of Venezuela (PSUV)’s new leader. The announcement took place during the governing party’s six day national congress, where political re-organisation and economic reform have been top of the agenda.

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Venezuela Receives US$18 Billion of Chinese Financing, Signs 38 Accords

The new agreements were signed publically by Venezuelan president Nicolas Maduro and Chinese president Xi Jinping in Caracas yes

Venezuela has signed 38 agreements worth US$18 billion with China, signaling a deepening of the two countries’ relations. 

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Venezuela Participates in Gathering of Emerging Powers in Brazil, New Agreements Reached

Participants of the China – CELAC Forum (presidencia de Brasil)

Venezuela participated in the gathering of the BRICS emerging powers and Latin American regional blocs in Brazil this week, where new agreements were hailed as beginning the creation of a new global financial architecture.

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Maduro Extends Planned “Shakeup” of Venezuelan State and Economy

Speaking on his weekly radio show on Tuesday, Maduro said that he would lead “a shakeup of the functioning of the old bourgeoi

Venezuelan president Nicolas Maduro has extended the date upon which significant changes to the government and state administration will be announced.

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Venezuelan Government Takes Measures in Key Economic Areas

As part of the effort to combat shortages and inflation, authorities have been monitoring and inspecting companies to prevent th

While planning macroeconomic reform in a bid to stabilise the economy, Venezuelan authorities are attempting to tackle problems in key economic areas such the supply of goods, labour, and international air travel.

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OAS, Venezuela Declare Solidarity with Argentina in U.S. Hedge Fund Dispute

The Organization of American States (OAS) has declared its solidarity with Argentina in its sovereign debt dispute with a U.S. b

The Organization of American States (OAS) has declared its solidarity with Argentina in its debt repayment dispute with a U.S.-based hedge fund. Venezuela meanwhile has argued that the case underlines the need for a new regional financial architecture.

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Venezuela Promises Reform amid Debate over Economic Direction

In a speech last week about the performance of state oil company PDVSA in 2013, Vice President for the Economy Rafael Ramirez (p

The Venezuelan government has confirmed that it is planning a series of macroeconomic reforms to confront ongoing problems, provoking diverse reactions over the country’s economic direction.

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Venezuela’s Maduro Offers to Bury the Hatchet with Internal Critics

On Friday Venezuelan president Nicolas Maduro offered to renovate his government and bury the hatchet with the former ministers

Venezuelan president Nicolas Maduro has offered to renovate his government and end the dispute with the former ministers who recently criticized his leadership.

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Venezuela’s Economic “Architect” Giordani’s Exit from Government Causes Controversy

Jorge Giordani (AVN)

The dismissal of one of the government’s long standing economic figures, Jorge Giordani, from his ministerial post has caused debate and controversy in the South American country.

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Latin American Presidents Denounce “Siege” of Venezuela at G77 Summit

The presidents of Cuba (Raul Castro), Bolivia (Evo Morales), Ecuador (Rafael Correa) and Venezuela (Nicolas Maduro) at the openi

At the G77 + China Summit held in Bolivia over the weekend, several leftist Latin American presidents gave their public backing to Venezuelan president Nicolas Maduro and called for regional unity against what they consider an attempt at “conservative restoration” currently underway in the South American country.

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Venezuela’s Economy Vice President Outlines Strategy for Stability

Venezuela’s Vice President for the Economy, Rafael Ramirez, outlined planned changes to the exchange rate system, oil exports

Venezuela’s Vice President for the Economy, Rafael Ramirez, has outlined planned changes to the exchange rate system, oil exports and gasoline subsidies as part of a strategy to achieve macroeconomic stability and overcome current economic problems.

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Major Airlines to Regulate Fares in Venezuela as Transport and Oil Costs Rise

Airline representatives in discussion in Venezuela. (@RMarcoTorres)

Yesterday Venezuelan Air and Maritime Transport Minister, Herbet Garcia Plaza, announced the government had reached an agreement with representatives of leading international airlines to regulate the cost of air travel to and from the country.

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Venezuelan Government Signs Agreement with Six Airlines to Settle Debt, Ticket Prices Still in Flux

Venezuela’s Minister of Sea and Air Transportation, Herbert García Plaza (archive)

Today Venezuela’s Minister of Sea and Air Transportation, Herbert García Plaza; Minister of Tourism, Andrés Izarro and President of the National Center for External Commerce, Alejandro Fleming, signed an agreement with representatives of six airlines.

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Alitalia Suspends Service to Venezuela, IATA Warns of Further Withdrawals

Before May, Alitalia flew 5 times a week to and from Caracas. (BBC Mundo/AFP)

Italian Airline Alitalia, whose services represent 22% of the routes between Europe and Venezuela, has announced the suspension of its operations in the South American nation, starting June 5th.

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