Venezuela

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Venezuela Eliminates 100 Bolivar Banknote

Cash crunch worsens as Venezuela weathers one of the worst economic crises in its history Venezuela pulls most popular banknote – BBC News Venezuela’s widely-circulated, oft-used 100-bolivar banknote will not be legal tender beginning December 16, 2016. Venezuelan citizens received notice of this move by the central government only a few days ago and the […]

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OPEC Deal Falls Apart After Saudi Arabia and Iran Disagree on Terms of the Agreement

Iran’s oil sales continue to rise in the face of Saudi calls to cut production Saudi Arabia-Iran Tensions Ignite OPEC Worries | CNBC Saudi demands that Organization of Petroleum Exporting PEC members, including Iran, cut oil production directly contradict an agreement reached earlier this year in Algiers with the Islamic Republic of Iran according to […]

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News Headlines for May 15, 2015: Recording Suggests ISIS Leader Alive, Norway Teens Kidnap Penguins, PRC Reduces Emissions

Top news stories from around the globe for Friday May 15, 2015 ISIL recording suggests leader al-Baghdadi is not dead Israeli Government to Fund Grants to African Refugees Encouraging them to Emigrate NASA: Antarctic Ice Shelf Near Disintegration Venezuelan Currency Implodes as Inflation Jumps 100% High Line for Seoul New Zealand Recognizes Animals as Sentient Beings PRC reduces emissions […]

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News Headlines May 3, 2015: Russia to Create IMF Rival, Venezuela Raises Minimum Wage, Fidel Dealt in Cocaine According to Former Bodyguard

Mexican Fishermen Sue BP Israeli Prime Minister Benjamin Netanyahu Does Not Accept Two-State Solution Ebola Survivors Should Use Condoms Indefinitely According to CDC Amonium Nitrate Spill in Costa Rica Venezuela Boosts Minimum Wage 30% Thousands Protest Moldova’s Government Former Bodyguard Claim Fidel Castro Trafficked Cocaine Russia Creating Rival to International Monetary Fund China Promises $46 […]

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Extra! Extra!: Maids Flee Saudi Arabia, Swedish Dishes Clean Themselves, Venezuelans Say Goodbye to Nickel a Gallon Gas

Ethiopian Maids Flee Saudi Arabia Swedish Develop Self-Cleaning Dishes Former Stasi Employed by the Stasi Archives in Germany Anti-Muslim Hate Crimes Increase in the United Kingdom Venezuela May No Longer Sell Gasoline for a Nickel a Gallon US Base on Okinawa, Japan to Relocate Bahrain Court Acquits Princess on Trial for Torturing Doctors US Ambassador […]

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Venezuelan President Hugo Chavez’s Inauguration Postponed

After more than 14 years in office in Venezuela, there is no doubt that Hugo Chavez transformed the country in profound ways – from improving access to education, increasing government welfare for the poor, to more political engagement by Venezuelans and increased funding for sports and cultural projects. The longest-running, democratically elected president in South America, Hugo Chavez’s firebrand mix of populism and […]

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Caracas: Venezuela’s Capital and Most Violent City

Caracas, the capital of Venezuela, is one of the most dangerous cities in the world. Dozens are murdered every week and numbers are typically higher than in Baghdad, Iraq with less than 7% of cases going to court. The Guardian‘s Sean Smith reports from a hospital in Caracas in the above documentary.

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President of Argentina Cristina Fernández Kirchner Nationalizes 51% of YPF, the Former State Oil Company

The move is widely considered an economic catastrophe for Argentina but the nationalization of former state oil enterprise YPF, a hallowed mark in Argentina, will not only address energy and cash shortages but may also shore up the president’s popularity. Yet, many find this most recent move by Cristina Fernández disturbing because, like Venezuelan President Hugo Chávez, […]

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