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.
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.
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.
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
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.
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
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.
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.
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.
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.