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Corina Pons

Mar 20 2017

Exclusive: Venezuela taps small banks to handle dollar deals

CARACAS/MEXICO CITY Venezuela's government is using little-known banks, including a small Puerto Rican lender, as intermediaries for some international trade operations after Citigroup last year stopped providing such services, according to the owner of one of the banks and government officials.

Mar 09 2017

Venezuela Congress begins measuring inflation amid cenbank silence

CARACAS Venezuela's opposition-led congress has started publishing the country's inflation rate based on its own data collection, as the government of President Nicolas Maduro remains silent about the crisis-stricken nation's soaring consumer prices.

Jan 20 2017

Venezuela 2016 inflation hits 800 percent, GDP shrinks 19 percent: document

CARACAS Venezuelan consumer prices rose 800 percent in 2016 while the economy contracted by 18.6 percent, according to preliminary central bank figures seen by Reuters, the sharpest contraction in 13 years and the worst inflation reading on record.

Dec 18 2016

Hundreds arrested in Venezuela cash chaos, vigilantes protect shops

CARACAS Security forces have arrested more than 300 people during protests and lootings over the elimination of Venezuela's largest currency bill, President Nicolas Maduro said on Sunday. | Video

Dec 18 2016

Hundreds arrested in Venezuela cash chaos, vigilantes protect shops

CARACAS, Dec 18 Security forces have arrested more than 300 people during protests and lootings over the elimination of Venezuela's largest currency bill, President Nicolas Maduro said on Sunday.

Dec 18 2016

Venezuela postpones currency move after chaos, protests

CARACAS Venezuelan President Nicolas Maduro suspended on Saturday the elimination of the country's largest denomination bill, which had sparked cash shortages and nationwide unrest, saying the measure would be postponed until early January. | Video

Dec 06 2016

Vatican seeks to revive faltering Venezuela talks

CARACAS A Vatican representative sought on Tuesday night to rescue faltering talks between Venezuela's leftist government and the opposition, after President Nicolas Maduro's rivals said they would sit out further meetings unless concessions were made.

Nov 23 2016

Venezuela opposition says Vatican-brokered talks 'frozen'

CARACAS Venezuela's opposition said on Wednesday talks with the government were "frozen" after officials failed to attend meetings, throwing cold water on Vatican-brokered attempts to bridge the country's deep political crisis.

Nov 22 2016

Venezuela's Maduro threatens legal action against JPMorgan

CARACAS Venezuelan President Nicolas Maduro on Tuesday ordered state oil company PDVSA to look into legal action against JPMorgan Chase & Co after the U.S. investment bank reported delays in $404 million in bond interest payments.

Nov 15 2016

RPT-INSIGHT-Multinational firms dumping Venezuela operations in fire sales

CARACAS, Nov 15 Multinational companies are selling their Venezuelan operations at hefty discounts - or even giving them away - as they to seek to escape the OPEC nation's soaring inflation and chronic supply shortages.

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