Venezuela Says Goodbye to Its Lil Friend, While the Rest of the Continent Cheers
Before his death in 2013, Chávez instructed Venezuelans to vote for his foreign minister, Nicolás Maduro, known as Castro's “man in Caracas.” Today, as president, he constantly praises Fidel and Raúl in his speeches and frequently travels to the island.
A rough week further complicates Venezuela's uncertain future
Last week was rough for Venezuela. Over the course of 48-hours, the country saw its closest ally and ideological role model, Cuba, cozy up to its biggest enemy, the United States. The following day, Washington slapped Venezuelan officials with ...
Ex-NBA player Carl Herrera wounded in Venezuela
CARACAS, Venezuela (AP) — Officials say former NBA player Carl Herrera has been shot and wounded during an apparent robbery attempt in Venezuela. The country's prosecutor's office says the shooting occurred Saturday in a restaurant on Margarita ...
After announcing "normalization" with Cuba, Obama slaps sanctions on Venezuela
President Barack Obama on Thursday signed into law legislation imposing a new set of sanctions against Venezuela. The action, taken just one day after he took what have been widely described as “historic” steps to “normalize” relations with Cuba, shed ...
U.S.-Cuba deal shows Venezuelan oil giveaways running out
Venezuela sent about 100,000 barrels a day to Cuba last year in exchange for medical personnel as part of a regional subsidy program to promote the government's socialist message. While there's no official data for shipments to Cuba this year ...
The Markets Are Predicting a Venezuelan Default
President Nicolás Maduro says there's a foreign conspiracy at work against Venezuela. In a Dec. 13 speech on state television, he lashed out at the international credit-rating companies that assigned junk ratings to his country's foreign currency bonds ...
President Obama signs bill authorizing sanctions against Venezuela
... the South American nation's socialist government. Last summer, the State Department imposed a travel ban on Venezuelan officials who were accused of abuses during street protests that left dozens of people dead. Venezuela criticized the legislation ...
Oil Shakes Venezuelan Debt to Its Foundations
Even before oil prices dropped, Venezuela's economy was troubled. Rigid currency controls and dollar shortages have brought the economy to a standstill. Above, an unfinished skyscraper in downtown Caracas that was abandoned in the 1990s and ...