CARACAS/VALENCIA, Venezuela Unilever's factory in the outskirts of the northern Venezuelan city of Valencia once bustled with activity as it produced everything from soap to toothpaste for one of South America's wealthiest economies.
CARACAS/VALENCIA, Venezuela Venezuela's streets were quieter than normal on Tuesday, as a currency devaluation and package of economic measures by socialist President Nicolas Maduro went into effect, and the opposition asked storekeepers to shut up shop in protest.
CARACAS/VALENCIA, Venezuela Venezuela on Monday slashed five zeros from prices as part of a broad economic plan that President Nicolas Maduro says will tame hyperinflation but critics call another raft of failed socialist policies that will push the chaotic country deeper into crisis. | Video
VALENCIA, Venezuela, Aug 20 Venezuela on Monday
slashed five zeros from prices as part of a broad economic plan
that President Nicolas Maduro says will tame hyperinflation but
critics call another raft of failed socialist policies that will
push the chaotic country deeper into crisis.
VALENCIA, Venezuela Distraught relatives of some 68 people killed in a riot and fire in the cells of a Venezuelan police station demanded explanations on Thursday and rights groups and opposition politicians blamed leftist President Nicolas Maduro for overcrowding in the country's notoriously violent jails.
VALENCIA, Venezuela Rioting and a fire in the cells of a Venezuelan police station in the central city of Valencia killed 68 people on Wednesday, according to the government and witnesses. | Video
VALENCIA, Venezuela/CARACAS When Colgate-Palmolive Co's Venezuelan unit in January raised the price of laundry detergent to keep up with inflation that hit 85 percent the month before, it drew a swift rebuke from the government of President Nicolas Maduro, which demanded a nearly 90 percent price cut.
VALENCIA, Venezuela/CARACAS Billionaire businessman Lorenzo Mendoza has ruled out challenging Venezuela's leftist President Nicolas Maduro in the upcoming election despite multiple calls for him to stand, sources from his company's workforce said on Thursday.