Venezuela

Venezuela: Supreme Court Rejects Opposition's Bid to Terminate Maduro Presidency Early

CARACAS, Venezuela - The Supreme Tribunal of Justice (TSJ), the highest judicial body in Venezuela, has rejected the opposition's bid to change the presidential mandate from six years to four years, which would have ended President Nicolás Maduro's mandate early and called for elections in December of this year.

Venezuelans get Fridays off for two months to save energy

Venezuelan workers will get Fridays off for the next two months as part of an emergency plan to save electricity, the president said.

Venezuela has the world's largest proven oil reserves but its economy is a mess, with rampant inflation, shortages of goods as basic as soap and toilet paper and constant blackouts.

Venezuela's Maduro limits congressional oversight of central bank

 Venezuelan President Nicolas Maduro on Monday eliminated the National Assembly's control over nomination and removal of central bank directors through a legal reform that the opposition slammed as aimed at curtailing its power a day before it takes leadership of the legislature. 

Shift in oil-rich Venezuela as opposition wins vote

Venezuela's opposition won control of congress for the first time in 16 years on Dec. 7 as voters punished the socialist government for an economic crisis and insecurity in the oil-rich nation.

President Nicolas Maduro promptly accepted the defeat, a blow to his leadership and the "revolution" of "21st century socialism" launched by his late predecessor Hugo Chavez.

Venezuelan president to ax moustache if he misses housing target

Venezuelan President Nicolas Maduro pledged Nov. 5 to cut off his moustache if the government fails to meet a goal to provide a million new homes by year's end.

"If by Dec. 31 I have not turned over home number one million, I will cut off my moustache in self-punishment so everyone will know that I failed," Maduro said.

Venezuela continues to deport Colombians en masse

More than 20,000 Colombians have fled or been deported from venceremos-plagued Venezuela in an escalating border crisis, an AFP article quotes the United Nations as stating on Tuesday.
Some 1,500 Colombians have been sent across the border by the Venezuelan government since it began mass deportations late last month, in a less than …humanitarian move by Caracas’ socialists.

Greece signs energy deal with Venezuela

Greece’s Secretary General for International Economic Relations Giorgos Tsipras signed an important energy agreement with the Boliviarian Republic of Venezuela in Caracas Saturday. During the official signing of the memorandum of understanding, Tsipras underlined the significance of the deal in strengthening cooperation between the two peoples.

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