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Bolivarian Alternative for the Americas Bank to Be Established This Year

Representatives from the four countries that make up the Bolivarian Alternative for the Americas (ALBA), Cuba, Venezuela, Bolivia, and Nicaragua, met in Managua this week to discuss the formation of the Bank of ALBA.

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Inner-Party Disputes Flare in the Formation of United Socialist Party of Venezuela

A dispute within the pro-Chavez sector over how to go about the formation of the new United Socialist Party of Venezuela (PSUV) ended with one of the involved politicians apologizing for his comments.

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Venezuela To Construct Over 200 "Socialist" Factories

The Venezuelan government is planning the construction of more than 200 "socialist" factories around the country in the next two years, according to an announcement made yesterday during a meeting of the Central Planning Committee.

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Venezuelan Opposition Divided As Constitutional Reform Goes to Second Round

Venezuelan President Hugo Chavez’s proposed Constitutional Reform will pass through a second round of discussions this week in the constitutional commission of the National Assembly after it was approved unanimously in the first round of discussions.

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Venezuela Considers Re-Joining Andean Community of Nations

The Andean Community of Nations (CAN) welcomed comments by Venezuelan President Hugo Chavez saying he is considering Venezuela’s reentry into the regional trade block.

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Peru Gives Political Asylum to Leader of Venezuelan Oil Industry Shutdown

The Peruvian Foreign Minister, José Antonio García Belaunde, confirmed yesterday that Peru, in a move that could potentially undermine fragile diplomatic relations with Venezuela, has granted political asylum to the Venezuelan fugitive Carlos Ortega.

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President Chavez Highlights Venezuela’s New Agricultural Model

President Hugo Chavez inaugurated a new "socialist" corn flour processing plant to be supplied by increased national corn production and emphasized the development of a new model of sustainable agriculture in the country during his weekly TV program on Sunday.

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Venezuela to Mediate between Colombian Government and Guerillas in Caracas

As a part of recent attempts to reach an agreement between the Colombian government and the Colombian guerrilla group known as the FARC, Venezuelan President Hugo Chavez traveled to Bogotá on Friday where he met with his counterpart President of Colombia Alvaro Uribe and agreed to hold negotiations in Caracas.

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Venezuela Converts Jail into University

Venezuelan authorities announced on Thursday to a community assembly in the old penitentiary El Junquito in Catia—a sprawling working class suburb in western Caracas—that the jail will be converted into what will potentially be Venezuela’s first “socialist” university.

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Oil Minister Calls on Exxon and Conoco to Leave Venezuela

Rafael Ramirez, Venezuela's Energy Minister and president of the state owned oil company PDVSA, called on US oil companies ConocoPhillips and ExxonMobil to leave Venezuela because they could not agree to new arrangements in the oil industry.

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Argentina Seeks Extradition in Case of Briefcase Scandal

Antonini Wilson, the Venezuelan-American businessman who attempted to enter Argentina with $800,000 in cash earlier this month, was located in his house in Miami this week and awaits an extradition request from Argentina.

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Venezuelan National Oil Company to Create Diversified Branch Companies

The Venezuelan government's Central Planning Committee is proposing the creation of seven new companies as branches of the state oil company to promote growth and development in diverse sectors of the economy.

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Venezuela Offers Billions to Countries in Latin America

Laid-off Brazilian factory workers have their jobs back, Nicaraguan farmers are getting low-interest loans and Bolivian mayors can afford new health clinics, all thanks to Venezuelan President Hugo Chavez.

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Constitutional Reform to Construct a New "Bolivarian" Democracy in Venezuela

Venezuelan President Hugo Chavez assured last Sunday that his proposed reforms to the national constitution have the intention of constructing a new "Bolivarian" democracy in the country.

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Chavez Urges Party for All-Out Campaign for Venezuelan Constitutional Reform

Addressing thousands of members of the battalions of the new United Socialist Party of Venezuela (PSUV), packed into the Poliedro Stadium in Caracas on Saturday, President Hugo Chavez called for an offensive to guarantee the approval in the national referendum of his project of constitutional reforms.

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