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Venezuela bondholders inch toward showdown

Tuesday, May 9, 2017

Venezuela's Catholic bishops call for an end to 'repression' as mass protests continue

Catholic bishops in Venezuela have accused the country's government of failing to solve "serious problems" including shortages of food and medicine as well as providing freedom and security to the citizens of the South American nation and called for an to "repression", according to a statement released late last week. Catholic news agency Agenzia Fides reports that the statement released by the Bishops' Conference of Venezuela on Friday concludes a decision by President Nicolas Maduro, announced amid ongoing mass protests against his regime in the country this week, to convene what he has called a "constituent assembly" to reform the constitution as "unnecessary and dangerous" for the country's democracy. "The proposal for a constituent assembly seems to re-present the 2007 reform that was rejected by the people in a consultative referendum that same year," the bishops said in the statement. More…

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