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Chavez: Venezuela to withdraw from Andean Community of Nations

In a surprise announcement yesterday, Venezuelan President Hugo Chavez announced that Venezuela would withdraw from the Andean Community. Separately, he said that Venezuela was considering dropping import tariffs for select agricultural goods from fellow Latin American countries.

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Oil Companies Not Running From Venezuela

Venezuelan President Hugo Chavez has rattled oil markets with tough anti-capitalist talk, higher royalties and oil field takeovers, but petroleum companies operating in the world's fifth-largest crude exporter are hardly running scared.

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Venezuela Reaches Landmark 75% Debt Retirement

Venezuela retired 75% of February’s announced purchase of Brady Bonds, lowering its foreign debt, and intends to finish the buy-back by May.

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Venezuela Unveils Monument for Victims on Coup Anniversary

Òn the occasion of the 4 year anniversary of the April 11th, 2002 coup attempt against President Chavez, the government unveiled a new monument dedicated to the 18 Venezuelans - Chavistas, opposition, and unaffiliated bystanders - who were killed that day.

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15 Arrested in Wake of Murders that Shocked Venezuela

Fifteen suspects have been arrested in the week following the discovery of the bodies of the murdered brothers and their driver. The Mayor of Caracas has announced an interdisciplinary commission to clean up the notoriously corrupt Metropolitan police.

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Venezuela Car Sales Up 55%, Signaling Consumption Boom

Auto sales in Venezuela so far this year are the 55.4 percent higher than last year at this time, according to newly released numbers, the highest level in over a decade.

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U.S. and Venezuela Threaten to Punish Each Other’s Ambassadors

In an escalating dispute involving the throwing of eggs at the car of the US ambassador to Venezuela, the U.S. threatened to limit the Venezuelan Ambassador’s U.S. travels and Chavez threatened to expel the U.S. ambassador entirely.

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Venezuela and FMLN Mayors of El Salvador Form Joint Venture

El Salvadoran Mayors of towns controlled by the leftist FMLN formed a joint-venture with Venezuela's PDVSA to supply 100,00 barrels of oil per month to El Salvador. this is the first such venture that has been formed with local instead of national governments.

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Venezuelan Officials Call for Calm, Propose New Anti-Crime Measures

The murders of three teenage brothers and the ensuing protests have led Venezuelan government officials to announce new measures to fight crime and to condemn both the murders and the media and opposition response.

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Kidnapping-Murders Cause Protests Throughout Venezuela

The discovery of the bodies of four kidnapping victims, three teenage boys and their driver, unleashed a wave of anger and protests in Venezuela about the persistently high crime rate and insecurity all Venezuelans experience.

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Venezuela Takes Over Two Foreign Operated Oil Fields

Two oil comapnies, Italy's Eni and France's Total have refused to migrate their oil production to joint ventures with Venezuela's state oil company and so now the state company, PDVSA, took over their production. 16 other companies in a similar situation, though, agreed to the joint ventures.

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New Poll Gives Venezuela’s Chavez 82.7% Approval Rating

According to the Venezuelan Institute for Data Analysis (IVAD), President Chavez enjoys an approval rating of 82.7%, one of the highest levels recorded since he was first took office in 1999.

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5th National Community Media Convention Closes in Venezuela

The 5th annual convention of Venezuelan community media closed this past weekend with decisions to strengthen community media in Venezuela by making it more independent and forging stronger ties with other organizations.

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Land Dispute Between English Company and Venezuelan Government Resolved

In Venezuela, Agroflora, a large British agricultural company, and government officials appear to come to an amicable agreement over two contested ranches, one of which is being converted into an endogenous nucleus.

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Venezuela Postpones U.S. Airline Ban Deadline

A decision to ban U.S. airlines from flying to Venezuela because the U.S. does not allow Venezuelan airlines to fly to the U.S. was postponed until April 25, while the Federal Aviation Administration evaluates Venezuelan airline safety standards.

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