Nicolas Maduro’s regime in Venezuela has spent US$5 billion worth of oil to reduce its debt to Russia and China and to send oil to Cuba, while leaving Venezuelans without basic food and medicines, U.S. Special Representative for Venezuela, Elliott Abrams.
President of Venezuela Nicolas Maduro launched a simulator of the multirole Su-30MK2 fighter jet at an airbase of the country.
Venezuela’s government and its oil company PDVSA have offered to pay suppliers and contractors into accounts in China using the yuan currency.
Venezuela’s government and its oil company PDVSA have offered to pay suppliers and contractors into accounts in China using the yuan currency.
Venezuela has paid about $5 billion in oil to Cuba and China and made military purchases from Russia worth hundreds of millions of dollars this year amid its ongoing economic crisis, a U.S. Venezuela diplomat said Wednesday as proof that the regime is not attempting to alleviate the plight its people face.
Russia’s state hi-tech corporation Rostec is not reducing the number of military specialists fulfilling a mission in Venezuela but is carrying out a scheduled rotation under the current contract on equipment maintenance, Director for International Cooperation and Regional Policy at Rostec Viktor Kladov told TASS on Wednesday.
A man whose U.S. private jet firm allegedly provided travel services to Venezuelan Vice President Tareck El Aissami, whom Washington accuses of drug trafficking, pled guilty to sanctions violations on Tuesday.
…legal reserve requirements for banks , making it more difficult for them to lend. That has prompted Venezuelans to look elsewhere for credit, sometimes in foreign currencies. Remittances are also a…
Venezuelan opposition leader Juan Guaido’s call for massive street protests against President Nicolas Maduro has so far yielded only modest demonstrations, casting doubt on a plan to revive stalling efforts to force a change in government.
Venezuelan university students attempted to march on the Defense Ministry on Thursday to demand that the armed forces “side with the constitution” and help oust President Nicolas Maduro as the opposition tries to revive its flagging movement.