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Antonio Ledezma asks for political asylum in Spain

Friday, November 24, 2017

U.S. asks Venezuela for access to detained Citgo executives

Socialist Maduro has said that the United States, his ideological foe, had requested the men be freed, but he vowed on Wednesday they would be tried as “corrupt, thieving traitors” for allegedly seeking to personally profit from a financial deal that was detrimental to the nation. “The U.S. Embassy in Venezuela has asked that (Venezuelan) authorities grant consular access to all U.S. citizen detainees in Venezuela. We call on the (Venezuelan government) to do so immediately in accordance with the Vienna Convention on Consular Relations,” the State Department official said. More…


Venezuela’s State Oil Producer Tells Staff to Cut Costs by 50%

Already in default and struggling with sinking oil production, Venezuela’s state-run energy firm told its employees to cut costs and expenses by 50 percent in an austerity drive to reflect the broader economic crisis hitting the OPEC nation of 30 million people. PDVSA, as the oil producer is known, called on different business units, subsidiaries, joint ventures and staff to adhere to a long list of cost-cutting reforms amid the “national economic emergency” without affecting daily crude output, according to a memo sent to employees on Thursday that was seen by Bloomberg. PDVSA and the country’s Oil Ministry confirmed the contents of the memo. More…


Venezuela's indigenous Warao decamp to uncertain future in Brazil


An indigenous tribe that journeyed hundreds of kilometers to flee the economic crisis in Venezuela has been trapped in limbo near the border in Brazil, after it was moved off the streets of the Amazon city of Manaus.Driven by hunger and illness from their traditional homeland on the Orinoco River delta in northeastern Venezuela, more than 1,200 members of the Warao tribe migrated to northern Brazil to live and beg on the streets. Brazilian authorities, nongovernmental organizations and churches have helped provide temporary shelter on the border, but the Warao’s future remains uncertain. The tribe insists it will not return to Venezuela, where a deep recession has led to shortages of basic goods under President Nicolas Maduro’s socialist government. More…

Venezuela Opposition Party Dismisses Acting Mayor of Caracas


Venezuelan opposition party Justice First (PJ) dismissed on Thursday the acting mayor of Caracas, Helen Fernandez, a move that comes a week after the official mayor Antonio Ledezma, who had held that post until his arrest in 2015, fled the country. The members of the Caracas Metropolitan Council, where the PJ party holds a majority of seats, declared the permanent absence of Ledezma, who has fled to Spain, and dismissed Fernandez, who had replaced him on an interim basis. More…

Stopping Debt Payments Could Worsen Venezuela's Crisis


The idea of Venezuela ending its debt payments is seen as a possible short-term political gain for the country’s largely unpopular President Nicolas Maduro. He is expected to seek re-election in 2018. If Maduro stops debt payments, or declares default, the money could be used to buy imports and do election campaigning. It would also decrease the risk of street protests. More…