A leading contractor for Venezuela’s state oil company and another businessman were arrested by U.S. authorities on charges of bribing foreign government officials, wire fraud and money laundering, the first Continue Reading
U.S. prosecutors are preparing to unveil drug trafficking charges against the head of Venezuela’s National Guard, according to people familiar with the case, as the United States investigates the suspected Continue Reading
Under a tent decorated in the yellow, blue and red of Venezuela’s flag, members of the ruling socialist party mingled and drank at a sporting event recently with opposition critics, Continue Reading
As president, Hugo Chávez lavished millions from this country’s oil boom on his home state of Barinas. He built a soccer stadium, highways, apartment houses and a hospital. He sang Continue Reading
There they were, two of the gray-haired confidants of Hugo Chávez , Venezuela ’s late leftist leader, voicing their indignation at the government bumbling that led to Sunday’s stinging electoral Continue Reading
Brazil currently rated Baa3, lowest level of investment grade S&P had already cut the country’s rating to junk in September Brazil’s sovereign rating was put on review for a cut Continue Reading
Venezuelan electoral authorities have confirmed that the opposition has won a key two-thirds majority, enabling it to challenge President Nicolas Maduro. The opposition said it would work to release jailed Continue Reading
Just when it looked like change was coming to Venezuela, along came OPEC to spoil the party. Celebrations were still taking place in Caracas in the aftermath of elections Sunday Continue Reading
In a tweet hinting at defeat two hours before polls closed in congressional elections on Sunday, Venezuela’s vice-presidency praised Salvador Allende, the former Marxist president of Chile, for forging ahead Continue Reading
Venezuelans voted for a new legislature on Sunday in an election that may punish the ruling Socialists for a brutal economic crisis and give the opposition a long-sought platform to Continue Reading
