Ousted Caracas Mayor Antonio Ledezma has arrived in Madrid a day after he escaped from house arrest in Venezuela and slipped past security forces into Colombia. Ledezma's flight from Bogota … Click to Continue »
CARACAS, Venezuela (AP) — Ousted Caracas Mayor Antonio Ledezma said he plans to take his fight against Venezuela's socialist government to Europe after he escaped house arrest and fled to Colombia on Friday. The flight was an apparent embarrassment for security forces who had been keeping close watch over one of Venezuela's most prominent opposition leaders.
Ousted Caracas Mayor Antonio Ledezma escaped house arrest and fled to Colombia on Friday, an apparent embarrassment for security forces who had been keeping close watch over one of Venezuela's most prominent opposition leaders. Colombian immigration authorities said in a statement that Ledezma...
Venezuela's ousted chief prosecutor on Thursday asked the International Criminal Court to open an investigation into President Nicolas Maduro and four other senior officials for alleged crimes against humanity.
CARACAS/BOGOTA (Reuters) - Veteran Venezuelan opposition leader Antonio Ledezma, under house arrest after his 2015 arrest for alleged coup plotting, escaped across the border to Colombia on Friday.
If the crisis-stricken Venezuelan government manages to scrape together funds to make payments on its delinquent bonds, that would change the default designation but not the nation's prospects, a top ratings agency told AFP on Wednesday. Show More Summary
Morales described sanctions the U.S. imposed on Venezuela as “new threats.”
LATE-STAGE SOCIALISM: Venezuela just defaulted, moving deeper into crisis. Venezuela has no other meaningful income other than the oil it sells abroad. The government, meanwhile, has failed for years to ship in enough food and medicine for its citizens. As a result, Venezuelans are waiting hours in line to buy food and dying in hospitals […]
Sounds like fun to us if we're honest.
The news that Venezuela has started defaulting on its debts raises an important question: Can the current regime survive the likely economic fallout? Over the past few years, Venezuela has effectively become an authoritarian country. During his term in office, Venezuelan President Nicolás Maduro has cracked down on dissidents by force and run roughshod over […]
By The Conversation – Venezuela, the South American country convulsed by economic and humanitarian catastrophe, has defaulted on some of its debt after missing an interest payment due in October. Even as investors...
Which is worse - from a bond market perspective - Socialist utopia Venezuela or debt-bloated Puerto Rico? Of course, comparing price is not a fair comparison in bond land... Nevertheless, the collapse in Puerto Rico bond prices - toShow More Summary
As Venezuela teeters right on the brink of complete financial collapse, Bloomberg reports that Russia has agreed to restructure roughly $3.2 billion in outstanding obligations. While details of the restructuring agreement are scarce,...Show More Summary
The Russian Finance Ministry says it has signed a deal to restructure Venezuela's debt. The ministry said Wednesday's deal signed in Moscow envisages that Venezuela will pay its $3.15 billion … Click to Continue »
CARACAS (Reuters) - Last March, Chief Justice Maikel Moreno shocked Venezuela when his Supreme Court nullified the powers of the National Assembly and transferred them to the 32-judge tribunal.
Governments in Venezuela, the Philippines, Turkey and elsewhere use social media to influence elections, drive agendas and counter critics, says report. The governments of 30 countries around the globe are using armies of so called opinion shapers to meddle in elections, advance anti-democratic agendas and repress their citizens, a new report shows. Show More Summary
BY Frances Coppola Venezuela has defaulted on two of its US dollar-denominated sovereign bond issues. Downgrading Venezuela’s sovereign rating to SD (“selective default”), the ratings agency Standard & Poors said that Venezuela had “failed to make $200 million in coupon payments for its global bonds due 2019 and 2024 within the 30-calendar-day grace period.” For long-term […]
Venezuela's government is extending its authority over the telecommunications sector to include social media websites. Communications Minister Jorge Rodriguez said Monday that the National Telecommunications Commission will monitor social media … Click to Continue »
Venezuela and the jewel of its oil-dependent economy, PDVSA, were declared in partial default by ratings agencies Tuesday, while creditors meeting in New York put off a decision that could spark a run on the state oil company's assets. Show More Summary
The Venezuelan opposition met with members of Donald Trump’s administration last week to urge the White House to sanction Nicaragua and a company whose joint venture they say is helping … Click to Continue »