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Page 9 - Venezuela Crisis

Inflation-stricken Venezuela rolls out new, larger-denomination banknotes

Venezuela this week is rolling out larger-denomination banknotes as hyperinflation batters the crisis-stricken South American country's bolivar currency

Inflation-stricken Venezuela rolls out new, larger-denomination banknotes
Updated On : 17 Mar 2021 | 9:05 AM IST

Venezuela's PDVSA confirms oil leak into sea near refinery complex

PDVSA discovered the spill in the Golfete de Coro area in Falcon state during an aerial inspection, a statement from the company said

Venezuela's PDVSA confirms oil leak into sea near refinery complex
Updated On : 13 Sep 2020 | 8:20 AM IST

US seizes four Iranian fuel shipments to Venezuela, confiscates cargo

Tensions between Iran and the United States increased last year following a series of incidents involving shipping in and near the Middle East Gulf

US seizes four Iranian fuel shipments to Venezuela, confiscates cargo
Updated On : 15 Aug 2020 | 12:28 PM IST

US lifts Venezuela-related sanctions imposed on shipping firms, tankers

A Treasury representative said the delisted entities had committed to cease involvement in the Venezuelan oil sector as long as Maduro, who is accused of rigging his 2018 re-election, remains in power

US lifts Venezuela-related sanctions imposed on shipping firms, tankers
Updated On : 03 Jul 2020 | 8:37 AM IST

Three years after $1-billion Venezuela deal, US oil firm shuts doors

Horizontal never completed the wells, its financial backer took a provision for losses on the loan, and Venezuela's production continued to fall

Three years after $1-billion Venezuela deal, US oil firm shuts doors
Updated On : 12 Jan 2020 | 1:06 AM IST

A cigarette or a candy bar, that's all you need to buy fuel in Venezuela

Bartering at the pump has taken off as hyperinflation makes Venezuela's paper currency, the bolivar, hard to find and renders some denominations all but worthless, so that nobody will accept them

A cigarette or a candy bar, that's all you need to buy fuel in Venezuela
Updated On : 26 Oct 2019 | 9:50 PM IST

Venezuela crisis: US asks India not to buy oil from Maduro regime

Do not be the economic lifeline for the Maduro regime: US to India

Venezuela crisis: US asks India not to buy oil from Maduro regime
Updated On : 12 Mar 2019 | 11:41 AM IST

In Venezuela, Nicholas Maduro and his family are running out of time

Nicolas Maduro's position now is more perilous in crisis-hit Venezuela

In Venezuela, Nicholas Maduro and his family are running out of time
Updated On : 27 Feb 2019 | 8:30 AM IST

What on earth is going on in Venezuela? The story so far and what to expect

A compilation of the current situation in Venezuela, and likely developments ahead

What on earth is going on in Venezuela? The story so far and what to expect
Updated On : 23 Feb 2019 | 3:20 PM IST

Venezuela crisis: Guaido defies travel ban; 2 people killed in protest

United Nations Secretary-General Antonio Guterres issued a stern statement, warning Venezuelan authorities 'not to use lethal force against demonstrators.'

Venezuela crisis: Guaido defies travel ban; 2 people killed in protest
Updated On : 23 Feb 2019 | 9:46 AM IST

Bank of England blocks Nicolas Maduro's $1.2 billion gold withdrawal

EU takes sides against Maduro in Venezuela's power struggle

Bank of England blocks Nicolas Maduro's $1.2 billion gold withdrawal
Updated On : 28 Jan 2019 | 2:21 AM IST

Venezuela revokes order giving US diplomats 3 days to leave the country

Maduro gave American diplomats three days to leave the country, but the Trump administration refused to obey his order, arguing that the leftist leader was no longer Venezuela's legitimate president

Venezuela revokes order giving US diplomats 3 days to leave the country
Updated On : 28 Jan 2019 | 2:15 AM IST

Venezuelan FM rejects EU's 8-day ultimatum for new election, slams US

Britain, France, Germany and Spain told Maduro that he had eight days to organise elections or they would recognise opposition leader Juan Guaido as interim president

Venezuelan FM rejects EU's 8-day ultimatum for new election, slams US
Updated On : 27 Jan 2019 | 9:52 AM IST

Backed by Venezuela's military, Maduro goes on the offensive against Guaido

The US, on the other hand, ordered non-emergency embassy staff to leave Venezuela

Backed by Venezuela's military, Maduro goes on the offensive against Guaido
Updated On : 25 Jan 2019 | 9:50 PM IST

Trump recognises opposition leader as Venezuela's interim president

The president also urged other governments of the Americas to recognise Guaido as Venezuela's interim head of state

Trump recognises opposition leader as Venezuela's interim president
Updated On : 24 Jan 2019 | 8:17 AM IST

Venezuela inflation may surge to 1,000,000% by 2018-end, projects IMF

President Nicolas Maduro says the country is the victim of an 'economic war' waged by opposition businesses with the support of Washington

Venezuela inflation may surge to 1,000,000% by 2018-end, projects IMF
Updated On : 24 Jul 2018 | 7:41 AM IST

Venezuela all set for $60-bn debt talks with foreign investors on Monday

Nicholas Maduro has so far prioritized debt payments over imports, compounding Venezuelans' hardships

Venezuela all set for $60-bn debt talks with foreign investors on Monday
Updated On : 12 Nov 2017 | 3:06 PM IST

Venezuela crisis is the hidden consequence of Saudi Arabia's oil price war

Venezuela faces consequence of Saudi Arabia's policy of keeping oil prices deliberately low

Venezuela crisis is the hidden consequence of Saudi Arabia's oil price war
Updated On : 09 Aug 2017 | 9:34 AM IST

Venezuela crushes small anti-Maduro uprising at military base, arrests 7

On Sunday, a video was circulated showing a group of men in military uniform announcing an uprising

Venezuela crushes small anti-Maduro uprising at military base, arrests 7
Updated On : 07 Aug 2017 | 7:55 AM IST

Venezuela crisis: Opposition leaders taken into custody amid midnight raids

Four months of street demonstrations since April against Maduro have left more than 120 people dead

Venezuela crisis: Opposition leaders taken into custody amid midnight raids
Updated On : 02 Aug 2017 | 2:13 PM IST