Venezuela’s Supreme Court announced that it would hear a lawsuit filed by former high ranking cabinet members against a government plan to open 12 percent of the South American nation’s territory to open-pit mining.
The economic initiatives include changes to the country’s multi-tiered exchange rate, a rise in the domestic price of gasoline, the implementation of a new tax system, and placing more power over food distribution in the hands of organised communities.
Twice presidential candidate for the Venezuelan opposition Henrique Capriles Radonski has revealed that he has proposed a “padlock” law to the incoming opposition parliamentary bloc in the National Assembly. The legislation would prevent the government from negotiating further international oil treaties with other countries.
Washington warned Caribbean nations Wednesday that the United States would be unable to supply them with oil in the event that that Venezuela’s newly elected opposition-controlled parliament cuts off the flow of subsidized petroleum under the PetroCaribe program.
Venezuelan President Nicolas Maduro has announced that his government will review its diplomatic ties to the US, after a leaked document revealed that the National Security Agency had spied on officials at Venezuelan state oil company PDVSA.
By Andrew Fishman & Glenn Greenwald, The Intercept, Nov 19th 2015
This newest revelation of NSA spying, reported as part of The Intercept’s partnership with teleSUR, comes just weeks after the Wall Street Journal reported that the U.S. government has launched “a series of wide-ranging investigations” into alleged corruption at Petróleos de Venezuela, or PDVSA.