Venezuela

Bruised Venezuelan opposition may make headway in 2015

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CARACAS - For a much-touted "re-launch" of Venezuela's opposition, the turnout was poor: only a few hundred activists joined a rally led by the coalition's new head in Caracas last month.

Obama administration would back sanctions against Venezuela: official

WASHINGTON - The Obama administration would like to work with the U.S. Congress to impose sanctions on Venezuela in response to a crackdown on anti-government protests, President Barack Obama's deputy national security adviser told lawmakers on Wednesday.

Politics, World, 19 Nov 2014

Venezuela's Maduro cuts prices of toys, computers in 'Merry Christmas' plan

CARACAS - In Venezuela, Christmas has begun in November.

World, 13 Nov 2014

Venezuela's ruling socialists set up hotline to nab 'infiltrators'

CARACAS - Venezuela's ruling socialists have set up a telephone hotline to denounce "infiltrators" they say are jeopardizing the legacy of beloved late leader Hugo Chavez by seeking to destroy the socialist government.

World, 13 Nov 2014

PDVSA says controls fire at Curacao's Isla refinery, three injured

CARACAS - Venezuelan state oil company PDVSA on Wednesday said operations were normal at the 335,000 barrel-per-day (bpd) Isla refinery on the island of Curacao after it controlled a fire that injured three people.

World, 05 Nov 2014

Exclusive:Citgo auction proceeds even after Venezuelan minister says canceled - sources

NEW YORK - At least three oil companies are still actively bidding for Citgo Petroleum Corp, the U.S. refining arm of Venezuela's PDVSA, even after the country's finance minister said that the auction was no longer going ahead, according to three people familiar with the situation.

04 Nov 2014

Venezuela to hike minimum wage 15 percent amid high inflation

CARACAS - Venezuelan President Nicolas Maduro announced on Monday a 15 percent increase in the minimum wage starting in December to protect workers from inflation of more than 60 percent.

World, 03 Nov 2014

Herbalife slashes full-year forecast, shares slide

- Herbalife Ltd , a maker of weight-loss and nutritional products, slashed its full-year revenue and adjusted profit forecast as it wrote down the value of its Venezuelan assets.

03 Nov 2014

Saudi oil minister to make rare trips to Venezuela, Mexico

CARACAS/MEXICO CITY - Saudi Oil Minister Ali al-Naimi is making his first visits in years to fellow exporters Venezuela and Mexico, although tumbling oil prices are not the stated purpose of the trip, according to officials and sources.

World, Saudi Arabia 03 Nov 2014

Venezuela calls back ambassador to Spain for consultations over Rajoy comment

CARACAS - Venezuela said on Tuesday it is calling back its ambassador to Spain for consultations in protest over Spanish Prime Minister Mariano Rajoy's call to free a Venezuelan opposition activist jailed for leading protests against President Nicolas Maduro.

World, Spain 28 Oct 2014