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Iran helping Venezuela with milk technology

Ambassador of the Islamic Republic of Iran, Adbolessa Mesri, recalled that three years have been opening several dairy processing plants and corn flour in various states, under the agreement signed between Iran and Venezuela. Read Article

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Venezuela rose 50% over their caloric intake in ten years

The Venezuelan caloric consumption rose 55.5% from 1,800 kilocalories (kcal) per capita in the year of 1,998 to 2,800 in 2008, stressed the Minister of Popular Power for Agriculture and Land (MAT), Juan Carlos Loyo. Read Article

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Power deficit to prompt slowdown in Venezuela

After two years mired in recession, Venezuelan economy has been favored by soaring oil prices and has started to grow. However, structural problems and deterioration of the power generation system may lead to a moderate, slow recovery. Minister of Electric Power Alí Rodríguez Araque acknowledged last week that electricity demand has increased. He attributed the […]

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Venezuela, teen considered killer of French Tourist

A 17 years known as “Chuki” was identified as responsible for the death of French tourist, Yves Le Bras, occurred in the hotel Lagunamar Gerda, on 28 March. This was announced by Director of the Scientific, Penal and Criminal Investigations (CICPC), Luis Karabin, indicating that the youth is residing in the area Savannah Guacuco, Arismendi […]

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Venezuelan government pays more for foreign coffee than for domestic coffee

While coffee prices have increased to record levels in international markets, coffee growers in Venezuela have been hit by the official price policy that in the last few years has led to a decline in domestic production. Read Article.

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Walid Makled links Venezuelan with his businesses

Alleged Venezuelan drug trafficker Walid Makled, who is arrested in Colombia pending extradition, said in a TV interview that top Venezuelan military officers and government officials were involved in his businesses. Read Article

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Venezuela, Eleven states affected by power outages in one day

rom 3:40 pm began electric service interruptions in some areas of Carabobo. Before midnight, the problem was extended to ten states. In Naguanagua, apparently the first affected area of ​​Carabobo, electricity again at 5:00 pm. About two hours remained in the dark the towns of San Agustín and Loma Linda, Guacara, San Joaquin, Flor Amarillo, […]

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Chrysler estimates a market of 120,000 units in Venezuela

With the desire for a recovery in domestic auto market, Chrysler de Venezuela said yesterday that this year total sales estimates in the order of 120,000 new units in Venezuela. Elias Levy, new president of the assembly with a plant in Valencia, said the company’s participation in the market will be around 10%, with “Made […]

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U.S. drug trafficker apprehended in Venezuela

Venezuelan Minister of Interior and Justice, Tarek El Aissami, reported in the early hours of Friday that security agencies seized in the state of Nueva Esparta (Northeast) to a U.S. citizen has applied for drug trafficking. The information on the capture of Lionel Scott Harris, who has red notice request by the International Police (Interpol), […]

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Humala “requires” Hugo Chavez not to interfere in Peruvian elections

Peruvian presidential candidate Ollanta Humala, demanded on Thursday the president of Venezuela, Hugo Chávez, not to interfere in the campaign for elections on April 10 in Peru, local media reported. Read Article

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Margarita Island, Venezuela – Hunt is on for the murderer of French tourist

In raids inside and outside the island of Margarita Cicpc investigates the murder of French tourist Yves Le Bras, 53, occurred early Tuesday at Lagunamar hotel facilities on the island of Margarita. Read Article

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U.S. concerned that weapons sold to Venezuela will end up in wrong hands

The Southern Command has admitted that there is a growing influence of Russia, China and Iran in Latin America that, although it is more diplomatic and trade, said he was concerned the sale of automatic weapons to Venezuela because they can end up in the wrong hands. “We see an increasing influence of external actors, […]

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Venezuela takes eight military transport aircraft manufactured in China Shaanxi Y-8

Venezuelan Air Force has closed the acquisition agreement of eight medium tactical transport aircraft Shaanxi Y-8 made ​​in China, an order officially announced less than 10 to 12 units. The acquisition, credit confirmed by sources quoted by local newspaper Notitarde takes place after starting the negociocianes started in December 2010, when Major General Aviation, Major […]

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Six embassies in Caracas have closed over the past two years

Since 2009 have closed six embassies in Caracas. Group of nations that have decided to close their embassies, Morocco, Israel and Honduras have made for political reasons, while Finland, adds to the Czech Republic and Hungary, who have argued for economic reasons to make the measurement.Read Article

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Venezuela’s Chavez Receives Journalism Prize in Argentina

Venezuelan President Hugo Chavez has visited Argentina to sign various agreements with President Cristina Fernandez de Kirchner and receive a journalism prize from a school there. Chavez Tuesday was awarded the Rodolfo Walsh Prize from the University of La Plata. The award is named after a journalist who was killed by security agents in 1977. […]

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Venezuela, French tourist shot dead on Margarita Island

French tourist, Lebres Ives, age 53, was murdered in what appeared to be a robbery attempt at a hotel on Margarita Island, Venezuela. El Nuevo Herald did not name the hotel and the case was still being investigated. Official records state the homicide rate in Venezuela is 48 per 100,000 peopel. Margarita Island is one […]

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Venezuela, currently 415 H1N1 cases

The Minister for Health of Venezuela, Eugenia Sadr, said Monday that it has recorded to date, a total of 415 cases of H1N1 flu in the country, of which, 46 percent are in Merida (West .) The official stressed that the situation is under control and that those infected receive timely treatment. Read Article

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Venezuela, Juvenile delinquency is a psychosocial problem

Two bands composed of teenagers were caught by officials Polisotillo in March Hablar sobre la adolescencia es algo que los expertos en el tema dilucidan como actualidad, debido al gran número de jóvenes que hoy se suman a cometer actos hamponiles por diferentes eventos acontecidos en sus cortas vidas. Talking about adolescence is something that […]

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Chávez to begin South America tour in Buenos Aires

Venezuelan President Hugo Chávez reported he will begin in Buenos Aires his trip to Argentina, Uruguay, Bolivia and Colombia to strengthen bilateral relationships with these countries. Chávez announced he will arrive in Buenos Aires on Monday to meet his counterpart Cristina Fernández de Kirchner. Read Article

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CARACAS -(Dow Jones)- Two of Petroleos de Venezuela’s crude-oil upgrader facilities in the Orinoco Belt will undergo partial shutdowns over the next few weeks to carry out much-needed technical improvements, union officials said Wednesday.

Two of Petroleos de Venezuela’s crude-oil upgrader facilities in the Orinoco Belt will undergo partial shutdowns over the next few weeks to carry out much-needed technical improvements, union officials said Wednesday. Read Article

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Wikileaks, Clinton asked about Chavez’s mental health

Hugo Chavez or, rather, the mental health of the Bolivarian cast doubt on the U.S. State Department: Hillary Clinton asked about the emotional state of Chavez during the crisis of U.S. bases in Colombia. Read Article

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Venezuela inks new oil deal with Chinese firms

Venezuela is shoring up economic ties with Chinese companies with the signing of new trade and investment agreements, in a bid by President Hugo Chavez to reduce dependence on Washington. Read Article

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South America reconsiders nuclear power as Japan crisis continues

As the nuclear crisis intensifies in Japan, thoughts have turned to the atomic power industries in other countries and to questions of safety. There are 439 nuclear reactors the world over, six of which can be found in Latin America. Argentina was the forerunner in this regard and currently has two plants in operation. A […]

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Venezuelan government alert and ready for new outbreaks of H1N1

The Venezuelan government is aware and prepared for a new outbreak of H1N1 in the Latin American country that has left at least one person died and 12 were infected, health authorities reported Thursday. “We want to inform that it has detected the presence of H1N1 virus, this is an epidemic in Mérida (West),” said […]

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Giant refinery becoming unwelcome guest in Curacao

Lighting up the night sky with flames from its chimneys, Curacao’s giant Isla refinery is at the center of an increasingly acrimonious dispute over the island’s economic and environmental future. Run by neighboring Venezuela’s state oil company PDVSA, the smoky, 335,000-barrels-per-day facility is the second-biggest in the Caribbean but has long been plagued by technical […]

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Venezuela halts nuclear programme

Venezuela is suspending development of a nuclear power programme following the catastrophe at a nuclear complex in Japan, President Hugo Chavez said today. The South American country had hoped that a planned Russian-built nuclear power plant would provide 4,000 megawatts (MW) and be ready in about a decade. Read Article

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Venezuelan Students Protest, Demand More Funds for Universities

Hundreds of university students Tuesday marched through the main avenues of the Venezuelan capital of Caracas, demanding a rise in government spending for the country’s universities.The students marched from the Central University of Venezuela (UCV) to the National Assembly watched by the National Guard as well as officers from the Ombudsman’s office. Read Article

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Trade at Colombian-Venezuelan border remains stalled

s Venezuelan President Hugo Chavez plans to visit Colombia in the coming weeks for the full restoration of bilateral relations, trade in the border areas remains stuck seven months after Caracas briefly broke off diplomatic ties with Bogota in a row. The strongest impact of the decline in trade has been felt in the northeastern […]

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Venezuela, Russia reached sales records for arms in 2010

The Exports of Defence of Russia reached new record in 2010 with Venezuela as one of its major customers. According to Rosoboronexport, the Russian agency in charge of brokering the sale of defense products, sales last year amounted to 8,600 million dollars. Read Article

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Venezuelans Promote Law against Oblivion of Torture, Murder

Members of the United Socialist Party of Venezuela (PSUV) and social organizations are promoting a law against silence and oblivion that would allow the State to investigate past cases of torture and murder. Read Article

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Venezuela enacts new rules for the procurement and use of police weapons

The Venezuelan Ministry of Defense has published a set of rules to control the acquisition, possession, use, registration, ammunition, equipment and accessories for the bodies and law enforcement bodies. According to the Official Gazette, embodied in the report, the new rule specifies that only police officers used “special weapons” are the CICPC, the intelligence agencies […]

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Chavez tries to win over Costa Rica from USA

The officials of pro-US Costa Rica fear the aggression by Chavez’s closest ally – Nicaragua. Costa Rican cabinet of ministers shared their suspicions to that effect on March 4. According to their statement, in recent days Nicaraguan President Ortega received an insane by the standards of the banana republics sum of money of the unknown […]

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Venezuela and China Form Joint Food Company

As part of government initiatives to help increase food production and decrease prices, Venezuelan Minister for Agriculture and Land, Juan Loyo, and the president of the Chinese Heilongjiang Beidahuang State Farm Business Trade Group LTD, Quian Biamo, signed an agreement to form a joint venture food company on Saturday. Read Article

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Radical Venezuelan Leader Lina Ron Dies

Lina Ron, a prominent leader in the Bolivarian Revolution, well known for her radicalism and grassroots activism, died on Saturday morning of a heart attack, aged 51. Read Article

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US questions the fact that Venezuela does not share illicit drug information not share illicit

The US government considers that the bilateral counternarcotics cooperation between Venezuela and the United States is “inadequate,” according to the 2011 International Narcotics Control Strategy Report (INCSR) submitted by the Department of State to the US Congress and disclosed on Thursday. Read Article

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136 cases of dengue have been reported in Táchira, so far this year

During the first seven weeks of 2011, Táchira State health authorities have confirmed 136 cases of dengue, 114 classic and 22 hemorrhagic type. Read Article

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Venezuela, Lopez testified against legal abuses Chavez

American Court of Human Rights yesterday heard the arguments of Venezuelan former mayor Leopoldo Lopez , the first of two hearings in which will discuss the political disqualification of more than 800 public officials in Venezuela, decided by the Comptroller General of this country (Tribe -tional Accounts) between 2005 and 2008. What Lopez claims in […]

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Venezuela’s unemployment rate hits 10.4 percent in January

In the opinion of Elías Eljuri, the outcome shows statistic stability because a variation of 0.2 percent only was recorded between January 2010 and January 2011. Read Article

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Attorney General Accuses INTERPOL of “Meddling” in Venezuelan Internal Affairs

Venezuela’s Attorney General on Friday accused the International Criminal Police Organization, or INTERPOL, of “creating impunity” as it relates to Venezuelan bankers removed from lists of international fugitives that Venezuela demanded be brought to justice. Read Article

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Caracas, 45-story skyscraper the Tower of David, Home to Squatters

The office tower, one of Latin America’s tallest skyscrapers, was meant to be an emblem of Venezuela’s entrepreneurial mettle. But that era is gone. Now, with more than 2,500 squatters making it their home, the building symbolizes something else entirely in this city’s center. Read Article

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Venezuela union leader Ruben Gonzalez jailed for strike

A prominent trade union leader in Venezuela has been jailed for seven years over a strike in 2009 at the state iron ore mining company. Ruben Gonzalez was convicted of crimes including unlawful assembly, incitement, and violating a government security zone. Read Article

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Venezuela Extends State of Emergency Due to Rains

Venezuelan government on Monday announced a 90-day extension of a state of emergency decreed in late 2010 in parts of the country seriously damaged by torrential rains. According to the Official Gazette, the measure aimed at facilitating recovery efforts continue in the Capital District and in the states of Falcon, Miranda, Nueva Esparta, Trujillo, Vargas […]

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Venezuela’s Great Dollar Drought

Businesses can’t get the greenbacks they need for imports Every weekday, Ricardo Matamoros wakes up before dawn, travels to a branch of Mercantil Banco Universal in Caracas, and gets in line seeking to buy dollars. It’s a futile effort, he says. “They haven’t approved a single one of my requests during 45 days,” said Matamoros, […]

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Thousands awaiting homes pose challenge for Chavez

In a warehouse converted into a disaster shelter, hundreds of people are living out of backpacks and duffel bags while they wait for President Hugo Chavez to come through on his promises of new homes. Read Article

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Freed Chavez Foe Takes Seat in Venezuela Assembly

An opponent of President Hugo Chavez released from house arrest this week has taken his seat in Venezuela’s National Assembly. Biagio Pilieri had been unable to serve as a legislator due to charges accusing him of corruption. The former mayor denies any wrongdoing. Read Article

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RSF: Venezuela fails to provide reliable data on murder rates

International organization Reporters without Borders (RSF) published a report entitled “Organized Crime, Muscling in on the Media,” according to which a total of 141 journalists and media workers were killed by criminal groups during the decade of the 2000s. Read Article

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Venezuela, Chavez adversary released from jail

A congressman-elect who is an adversary of Venezuelan President Hugo Chavez says he has been released from house arrest. Read Article

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Russia says S-300 deliveries to Venezuela delayed

Deliveries of S-300 missile defense systems to Venezuela have been delayed, but will go ahead, an official at Rosoboronexport, Russia’s state-owned arms export monopoly, said on Tuesday. Read Article

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Government Yields to Student Hunger Strikers

For the first time in over 20 years, a Venezuelan government gave in Tuesday to the demands of students, more than 60 of whom were on hunger strike, and released or promised better conditions for members of the opposition who are in prison. Read Article

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Venezuelan authorities capture 22 wanted criminal in Trujillo

By the security operation Madrugonazo the Underworld, the Body of Scientific, Penal and Criminal Investigations (CICPC) in Trujillo state captured during the last week, 22 people guilty of involvement in various crimes. The report is offered on Monday the State Authority of the police chief, Ali Torres, who said eight of the detainees are disqualified […]

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Venezuelan students lift hunger strike

ElUNVERSAL.com reported that a group of Venezuelan students lifted a hunger strike they have held for 23 days, after the government agreed to talk to them, said Lorent Saleh, a spokesman of the protest and coordinator of the NGO Active Youth, United Venezuela (JAVU). Read Article

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Caracas criticized the passivity of Interpol to arrest ‘corrupt bankers’

Hugo Chavez’s government, through the Venezuelan Prosecutor, raise a complaint with the International Police (Interpol) for its inaction to stop “corrupt bankers” to order red ‘search and seizure. ” According to the Attorney General Luisa Ortega Díaz, 40% of requests for arrest issued by Interpol Venezuela have been blocked on the grounds that it is […]

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Report: Venezuela’s business climate worsens

The business climate in Bolivia and Venezuela dropped again between October and January 2010, according to the Brazilian Center for Economic Studies Getulio Vargas Foundation (FGV) and the Institute for Economic Studies (IFO) of the University of Munich, Germany. Read Article

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Report: Qaddafi Fleeing Tripoli, En Route to Venezuela

Reuters has a flash report quoting British foreign minister William Hague, who says he has seen intelligence that suggests Libyan dictator Muammar Qaddafi has already fled the capital in Tripoli and is en route to Venezuela. The New York Times had previously reported that Qaddafi’s grip on power was slipping: Read Article

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Venezuela, 270 people arrested for extortion, including two members of INTERPOL

Servicio Administrativo de Identificación, Migración y Extranjería (SAIME)From 2009 till date, ID Administrative Service, Immigration and Nationality (Saime) and state security agencies dismantled 14 criminal gangs were involved in forgery and became the order of the Public Prosecutor to 270 citizens who extorted users, reported Sunday the general director of that institution, Dante Rivas. Read […]

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Venezuela, hunger strikers numbers grow to 80

The hunger strike started a youth group for 21 days in Venezuela for the release 27 alleged political prisoners continued today to receive the support of opposition political leaders, while up to 80 the number of people linked to the protest. Sources of the strikers, who also requested a visit of a mission from the […]

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Venezuela cholera outbreak contained

The government of Venezuela has said that it had contained a cholera outbreak that at its peak sickened hundreds of its citizens, who caught the disease at a wedding in the Dominican Republic. Read Article

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40 dead in Cuidad Juarez weekend drug violence

Mexico’s deadliest city lived up to its tragic reputation with at least 40 people murdered in drug-related violence in less than 72 hours, authorities said on Sunday. “These figures are quite high. It is one of the most violent weekends in Ciudad Juarez in years,” said a spokesman for the Chihuahua state prosecutor’s office. Read […]

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Venezuela Student Hunger Strike Gains Momentum, Gov. Worried About a “Virtual Egypt”

What started off as a small hunger strike of Venezuelan students, is now growing as dozens of people have joined the protest demanding that the government let the Organization of American States investigate alleged human rights abuses under President Hugo Chávez. Read Article

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Crystallex seeks USD 3.8 billion compensation from Venezuela

Pursuant to the agreement between the Government of Canada and the Government of Venezuela for the Promotion and Protection of Investments, Canadian mining company Crystallex International Corp. has filed a request for arbitration against the Venezuelan government. Read Article

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A jailed judge pays the price for defying Hugo Chávez

BIAGIO PILIERI, a former journalist and mayor, was until recently little known in Venezuela. But last September he was elected to the National Assembly. He has been unable to take his seat because, despite parliamentary immunity, he is under house arrest, awaiting trial for the third time on corruption charges of which he has already […]

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Caracas, up to 200 robberies a day on minibuses

According to accounts bearing the Amalgamated Free and Post Cars in the Capital District about 200 burglaries occur on minibuses in a day. Of these assaults, 150 were perpetrated by gangs operating in the municipality of Libertador and up to 40 can be committed in the municipality of Sucre. El resto se registra en los […]

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Venezuela, Students start a hunger strike at the embassies of Chile and Costa Rica

Six students who are members of the NGO Active Youth, United Venezuela (JAVU), have joined a hunger strike that a group of fellow members is staging outside the local chapter of the Organization of American States (OAS) in Caracas. Read Article

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Chávez rejects comparison with ousted Egyptian president

Venezuela’s President Hugo Chávez rejected comments by dissenters who have compared his government to the “dictatorship” of Egyptian President Hosni Mubarak, who last Friday stepped down and turned over the government to the Army after a strong popular rebellion. Read Article

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Venezuela’s Chavez threatens to expropriate bank

President Hugo Chavez said Sunday that he has no intention of ceasing his efforts to make Venezuela a socialist country, and he expressed confidence that his allies would take the reins of his “Bolivarian Revolution” if he died or decided to step down. Read Article

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Venezuela loses $1.5 bln a year in gasoline subsidy

Venezuela’s state oil company PDVSA loses around $1.5 billion a year through domestic subsidies that make the South American OPEC member’s gasoline the cheapest in the world, the energy minister said on Sunday. Read Article

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Washington foresees new protests against Chávez

President Hugo Chávez may have to deal with more popular protests in Venezuela in the coming year, amid a “poor economic performance” and an “energized opposition,” predicted a report released by the director of National Intelligence (DNI). Read Article

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Venezuela lawmakers exchange punches

Venezuelan lawmakers exchanged punches in parliament Thursday when a fight erupted between members of President Hugo Chavez’s socialist party and rivals, in a sign of the OPEC member nation’s political polarization. Read Article

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Venezuela’ Chavez to strike cocaine blow on America

The CIA is alarmed: Chavez may soon become one of the major drug lords in Latin America. On February 9, former Mexican president Vicente Fox accused him of assisting the Mexican drug mafia which flooded the States with cocaine. Read Article

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Venezuela, Homicides in Caracas

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Venezuela, Coca Cola workers end strike

Coca–Cola’s bottler in Venezuela says workers at a major plant have ended a strike after agreeing on a new contract. Coca–Cola Femsa de Venezuela SA says in a statement that the company has signed a new contract with workers at the bottling plant in the central–northern city of Valencia. Read Article

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Venezuelan Defense Minister advocates Cuban military presence

Venezuela’s Minister of Defense Carlos Mata Figueroa replied to criticisms made by opposition lawmaker William Ojeda concerning the presence of Cuban military in Venezuela by stating that international advisers have always been present in the Armed Forces. Read Article

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Prices of agricultural products climb to 68 percent in 12 months

Based on data released by the Central Bank of Venezuela (BCV), the rising cost of food is unstoppable. This is the variable that most impacts the quality of life in the poorest Venezuelan households. The cost of agricultural products in January heightened 9.1 percent and in the last twelve months, the cumulative increase in prices […]

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Venezuela charges ex-generals in 1989 violence

Venezuelan prosecutors have brought criminal charges against two retired generals for their roles in violence during unrest in 1989, the attorney general said Tuesday. Read Article

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Crystallex contract cancelled in Venezuela

From Crystallex Website Crystallex Updates Status of Las Cristinas Mine Operating Contract 02/06/2011 Download this Press Release TORONTO, ONTARIO–(Marketwire – Feb. 6, 2011) – Crystallex International Corporation (TSX:KRY)(NYSE Amex:KRY) announced today that it has received a letter from the Corporacion Venezolana de Guayana (“CVG”) that states that the Company’s Mine Operating Contract (“MOC”) for the […]

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Venezuela, automobile sales down

The Venezuelan automotive industry and the auto market go against current of the car industry in the rest of Latin America. While in the region, there has been a sustained boom in the production and sale of automobiles in the last few years, the sector has shrunk in Venezuela. Read Article

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Venezuela, Govn’t to seize assets of construction firms involved in real estate “fraud”

Venezuelan authorities are undertaking criminal investigations into the construction sector, including confiscation of assets owned by suspects and companies allegedly involved in real estate frauds. Read Article

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Doctors raise doubts about effectiveness of epidemiological surveillance of cholera

The Venezuelan Network of Medical Scientific Societies said that if the 452 people who attended a wedding in the Dominican Republic last January 22 and who imported cholera from the Caribbean island are not identified and given medical treatment, epidemiological surveillance of cholera will be inefficient. Read Article

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Venezuela orders crude tankers from Itochu Corp.

Itochu Corp. has won an order to supply four Aframax tankers to a subsidiary of Venezuela’s Petroleos de Venezuela SA (PDVSA) and has commissioned Sumitomo Heavy Industries to build the vessels. Read Article

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Venezuela,Where pink dolphins frolic and piranha tastes great grilled

It was way off the beaten path, in an off-the-beaten-path kind of country. Not many people think of Venezuela as a tourist destination, perhaps because its outspoken President, Hugo Chavez, seems hell bent on soaking up all the limelight. Locals didn’t seem to mind on Playa Colorado, however, as they crowd the red-sand beach rolling […]

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Venezuela, Human rights under fire

Hunger strikers ask Chávez to release congressmen Ten young members of the Youth Platform for Resistance (JAVU), a dissenting organization, continue a hunger strike at the headquarters of the Organization of American States (OAS) in Caracas. They requested on Tuesday that José Miguel Insulza, the Secretary General of the regional organization visits Venezuela to monitor […]

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Coca-Cola, Heinz face strikes in Venezuela

A plant run by Heinz in the state of Carabobo, north central Venezuela, was shut down by workers, who demanded the signing of their collective bargaining agreement. Read Article

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Health Ministry confirms 245 reported events of cholera in Venezuela

Based on a report from the Epidemiological Surveillance Head Office, Ministry of Health released on Friday, reported events of cholera in Venezuela already amount to 245. The events include 28 people requiring inpatient treatment and 61, outpatient treatment. A total of 156 people have received prophylactic treatment despite having no symptoms. Read Article

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Venezuela faces serious housing crisis

César Rincones (Democratic Action, AD-Sucre state), a deputy to the National Assembly, urged the government of President Hugo Chávez to set up the National Council on Housing (Conavi) to meet increasing housing demand efficiently, as Venezuela faces a housing deficit of 2.2 million units. Read Article

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Venezuela, Chavez sides with striking Coca Cola bottler

Venezuelan President Hugo Chavez said Friday it was possible to “live without Coca-Cola” if the local bottler of the company’s products couldn’t follow “the constitution and the laws” of the country in dealing with striking workers. Read Article

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Venezuela, if Suez Canal closes, oil could reach $200 barrel

Oil prices could more than double to $200 per barrel if the Suez Canal closes because of the crisis in Egypt, though there is no sign of that happening at the moment, Venezuela’s oil minister said on Friday. Read Article

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Venezuela, oil exports daily, 1.3 million barrels

Venezuela’s crude oil exports to the United States bounced back in the last week of January, up 34 percent compared to average exports in January 17-21. Read Article

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Venezuela, International Labor Organization criticizes killing of labor leaders

The Committee of Experts on the Application of Conventions and Recommendations of the International Labor Organization (ILO) strenuously criticized the killing of union leaders, repression of demonstrations, restrictions on the right to strike, and detentions of union and business leaders in recent years in Venezuela, as mechanisms which impair the freedom of association. Read Article

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Venezuela, numbers on business attacks

Based on the numbers supplied by the National Council of Industries (Conindustria), 70 percent of the State action against private parties materialized in 2009-2011. From January 2002 to January 2011, 623 attacks on business property have been recorded, as estimated by the Venezuelan Council of Industries. Read Report

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Venezuela, court permits judge house arrest

A Venezuelan court on Wednesday granted house arrest to a judge who has been jailed for more than a year in a case criticized by human rights groups. The judge, Maria Afiuni, has been imprisoned since December 2009 on charges stemming from her decision to release a banker, Eligio Cedeno, who later fled the country. […]

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Venezuelan troops set off controlled explosion at military ammunition depot

Venezuela’s military says it has set off a controlled detonation to dispose of unexploded ordnance at an arms depot that was ravaged by a fire and a series of blasts. Gen. Cliver Alcala tells state television the explosion was carried out at one of the four sites where the fire broke out. Read Article

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Markets view Venezuela as a high-risk country despite high oil prices

Since oil prices are climbing, thus ensuring enough funds for Venezuela to meet its obligations, investors should view Venezuela as a low-risk country. However, the lack of confidence in the South American lingers. Venezuela’s country risk -an indicator of the spread between the yield an investor demands in order not to buy US Treasury bonds […]

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Venezuela, number of cholera cases increase to 111

The number of cholera cases has jumped to 111 in Venezuela as more people tested positive after attending a wedding with contaminated food in the Dominican Republic, the country’s health minister said Friday.The patients were all receiving treatment, and 27 were hospitalized, Health Minister Eugenia Sader told the Caracas-based television network Telesur. Read Article

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Venezuela, explosion at arms and munitions depot

AT LEAST one person was killed and several injured in northern Venezuela early on Sunday when a series of powerful explosions shook an arms and munitions depot, officials said. The arsenal is located in the city of Maracay, in Aragua state. All residents living within five kilometres of the munitions dump, about 10,000 people, were […]

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Corruption undermines performance of Venezuelan firms

Owners and managers of domestic and foreign companies who attended the forum “Economic Outlook 2011,” which was organized by the Venezuelan-American Chamber of Commerce and Industry (VenAmCham), expressed concern about the negative effects on the local economy of a likely implementation of the Superintendence of Costs and Prices by the government. Read Article

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Venezuela, 37 cases of cholera confirmed

Venezuela’s Health Minister Eugenia Sader confirmed on Thursday 37 cholera chases in the South American country, as well as 12 cases of Venezuelans who are receiving medical attention in Dominican Republic, two in Madrid, one in Mexico and one in Boston. Read Article

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The Ministry of Energy warned foreign oil companies to increase output

Venezuela would review the rights granted to foreign oil firms to operate in the South American country in joint ventures with state-run oil company Petróleos de Venezuela (Pdvsa) if they fail to increase output, warned Venezuela’s Minister of Energy and Petroleum Rafael Ramírez. In December, amid a decline in oil production in Venezuela -where more […]

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Venezuela, bank take over by government over irregularities

The Venezuelan government says regulators have taken over a small bank due to irregularities. The banking regulatory agency says it has intervened in the savings and loan Casa Propia and has ordered closed. Read Article

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Wikileaks, Guatemalan President Colom Walks a Tightrope Between U.S. and Venezuela

As if he didn’t have enough to worry about already, Guatemalan president Alvaro Colom has been scrambling to contain the diplomatic fallout from a US embassy cable published on Sunday by WikiLeaks. The cable, dating from Summer 2008, describes outgoing US Ambassador to Guatemala James Derham’s final meeting with the Central American leader and his […]

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Marches planned on anniversary of dictator’s ouster in Venezuela

Opponents and supporters of Venezuela’s current government have planned marches on Sunday — the anniversary of a popular revolt that overthrew dictator Marcos Perez in 1958. In Venezuela, marches were scheduled to commemorate “National Democracy Day,” the state-run AVN news agency reported. Read Article

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