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Venezuela’s Central Bank Announces New Banknotes and Coins

Venezuela’s highest value banknote will go from 100 Bolivars to 20,000. 
 (Archive)

The new higher denomination notes and coins will gradually come into effect as of December 15. 

 

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Venezuelan Intelligence Services Arrest Credicard Directors

(Credibank.com.ve)

The company’s top management are accused of having deliberately promoted a system failure in their online payment services in a bid to destabilise the government. 

 

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Venezuelan President Reports “Cyber Sabotage” against Banking System

:Maduro tells the country to be on “permanent alert” in the face of the financial cyber attack. (VTV)

President Maduro ordered intelligence services to take “necessary actions” as citizens began to denounce difficulties with payment terminals and electronic banking platforms across the country. 

 

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Venezuela’s Supreme Court Sentences Ex-Policeman for Homicide

Opposition student Bassil Alejandro Da Costa was shot dead on February 12 2014 (ElUniversal).

José Ramón Perdomo Camacho, 43, was sentenced to more than 29 years of prison for the murder of opposition student Bassil Alejandro Da Costa in February 2014.

 

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UNESCO Recognises Venezuela’s El Callao

The Carnival of El Callao is held across Venezuela from January to March. (Prensa MPPC/Orlando Herrera)

The United Nations Educational, Scientific and Cultural Organisation (UNESCO) officially recognised Thursday the Venezuela festival of El Callao on its List of the Intangible Cultural Heritage of Humanity.

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Mercosur Suspends Venezuela

Venezuela has been a member of Mercosur since 2012. (Prensa Seniat)

South American trade bloc Mercosur has agreed to suspend Venezuela, officials reportedly said Thursday.

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Venezuela Celebrates “Historic” OPEC Deal

Venezuelan Oil Minister Eulogia del Pino celebrates Wednesday’s agreement in Vienna (Euologio del Pino/Twitter).

Venezuela’s Oil Minister Euologio del Pino has branded an OPEC deal to cut production across member states as “another achievement” of the Bolivarian revolution. 

 

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Venezuela Grants 39 Permits to Local Communities for Orinoco Mining Arc

(Prensa Presidencial)

President Nicolas Maduro signed 39 permits granting local communities in Bolivar state access to the Orinoco Mining Arc. 

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Venezuela’s Maduro Pays Homage to Fidel Castro in Havana

President Maduro addresses nearly a million Cubans in Havana's Plaza of the Revolution. (Prensa Presidencial)

Speaking before nearly a million Cubans in Havana Tuesday, Maduro underscored Venezuela’s historic debt to Fidel Castro and the Cuban Revolution.

 

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Venezuela Authorizes Tourism Industry to Charge in Dollars, Avior Expands Air-fleet

Venetur Hotel. (archive)

The Venezuelan government authorized the tourism industry to charge in dollars provided they sell 60% of their earnings to the Central Bank at the floating exchange rate. 

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Long-Time Venezuelan Diplomat Bernardo Álvarez Dies, 60

Bernardo Alvarez served as a high-level diplomat under both the Chávez and Maduro administrations. (AVN)

Venezuela's ambassador to the Organization of American States died Friday at the age of 60 in Caracas. 

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11 Venezuelan Military Officials Arrested Over Alleged Massacre

Twelve bodies were found in mass graves in Miranda state on Friday. (Archive)

Eleven members of Venezuela’s Bolivarian Armed Forces (FANB) were arrested over the weekend for their alleged role in the murder of twelve people. 

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Venezuela’s Maduro Declares Three-Day National Mourning for Fidel Castro

President Maduro pays homage to the late Cuban leader. (Prensa Miraflores)

 President Nicolas Maduro ordered three days of national mourning for the legendary Cuban leader Fidel Castro who died on Friday night.

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Venezuela’s Currency Takes Another Dive

The Bolivar (BsF) has lost over 40 percent since the start of November, according to unofficial exchange tracking website dolart

Venezuela’s beleaguered currency looked set Friday to lose around half its value in a month.

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Venezuela’s Maduro Says Dialogue Should Continue

President Nicolas Maduro says dialogue with the MUD will continue. (AVN)

The Venezuelan government says it will continue pushing for dialogue with the country’s opposition, despite right-wing leaders announcing talks were frozen.

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