Washington: The US Treasury on Friday listed Venezuela-related companies and vessels as its designated targets in a new round of sanctions to pile up pressure on the Maduro government. The two companies blacklisted operated in the oil sector of the Venezuelan economy and were accused of shipping oil to Cuba,[Read More…]
Tag: Venezuela
US withdraws remaining diplomatic staff from Venezuela
Washington: The US Secretary of State Mike Pompeo announced that all US diplomats remaining in Venezuela have departed the South American country. Calling the withdrawal “temporary departure,” Pompeo said in a statement released by the State Department on Thursday that US diplomats will continue their work from other locations, Xinhua[Read More…]
Pompeo asks India to join boycott of Venezuelan oil
By Arul Louis New York: The US, which has launched an all-out diplomatic and economic campaign against the Nicolas Maduro government of Venezuela, has asked India to join the oil boycott, according to Secretary of State Michael Pompeo. He discussed it with visiting Indian Foreign Secretary Vijay Gokhale. “I’m confident[Read More…]
Huge power outage leaves Venezuela in darkness
Caracas: A massive power outage has left most of Venezuela without electricity. At least 70 per cent of the country still had no power on Friday evening, more than 20 hours after the massive outage, CNN reported. The blackout stopped mass transit in the capital of Caracas, shutting businesses and[Read More…]
Venezuela completely closes border with Colombia
Caracas: The Venezuelan government has completely closed its border with Colombia in the face of alleged threats to its sovereignty from the neighbouring country, from where the opposition plans to bring in international humanitarian aid into Caracas. The step was taken on Friday night, hours after Venezuelan President Nicolas Maduro[Read More…]
Venezuela: At least 12 people killed as protests turn violent
Around 12 people were killed overnight after looting and violence in Venezuela’s capital amid a rising political crisis. Most of the deaths took place in El Valle. El Valle is a working class neighborhood near Caracas’ biggest military base. As per the Opposition leaders, 13 people were hit with an[Read More…]
Venezuela delays demonetisation amid protests, looting
Venezuela government on Saturday extended the use of its 100-Bolivar bill until January 2, after its decision to demonetise the largest bill left the country to cash shortage, and sparked protests and looting. President Nicolas Maduro said the decision was pulled out because the promised higher-denomination were still unavailable because[Read More…]
Venezuela follows India’s footsteps by demonetising its largest currency note
Joining the league of war on cash, Venezuelan government has declared it would demonetise the nation’s higher denomination notes shortly to beat mafia hoardings. “There has been a scam and smuggling of the one hundred bills on the border with Colombia. We have tried the diplomatic way to deal with[Read More…]