CARACAS Venezuela's opposition is preparing to seek an asset protection program from the United Nations to prevent creditors from seizing the country's crown jewel overseas asset, U.S. refiner Citgo, a lawmaker and two opposition sources told Reuters.
CARACAS Venezuelan President Nicolas Maduro did not inform Norway's foreign ministry, which is mediating a dialogue between his government and opposition leader Juan Guaido, about a side deal with a smaller sector of the opposition before it was announced earlier this week, a member of Guaido's negotiating team said on Wednesday.
CARACAS Venezuela's government said on Monday it was evaluating sending some of its lawmakers back to the opposition-controlled National Assembly, which President Nicolas Maduro has called an illegal institution, as part of new talks with one opposition faction.
CARACAS A group of Venezuelan government officials and opposition activists are quietly holding talks focused on the economy despite the stalling of a formal dialogue mediated by Norway, according to nine sources involved.
CARACAS Gold reserves held by Venezuela's central bank fell by $1 billion in the first half of 2019, official data released this week showed, amid opposition accusations that the government is selling the precious metal abroad to raise revenue in the face of U.S. sanctions.
CARACAS T. Rowe Price has held informal talks with advisors of Venezuelan opposition leader Juan Guaido about financing a $913 million payment on state oil firm PDVSA's 2020 bond, an executive at the U.S. fund manager told Reuters, adding the plan would only work if Washington alters sanctions on Venezuela.
CARACAS From supermarket checkouts in the capital Caracas to electronics stores in the central city of Maracay, Venezuelans struggling with hyperinflation and a deep economic crisis are turning to a new form of payment: euros in cash.
CARACAS Allies of Venezuelan President Nicolas Maduro had discussed holding a presidential election in the coming months during talks to find a breakthrough in the country's political crisis, four sources told Reuters on Monday.
CARACAS Venezuela's pro-government legislature on Monday agreed to create a commission to evaluate holding 2020 legislative elections early, which would create an opportunity for the government to reclaim control of the opposition-dominated congress.
CARACAS Venezuela's opposition says President Nicolas Maduro is seeking to close down the last institutional space they have left to contest his government - the National Assembly legislature, headed by Juan Guaido.