Venezuelan President Hugo Chavez dies

Businesses quietly turn to the dollar in fiercely anti-American Venezuela as currency crashes

Businesses quietly turn to the dollar in fiercely anti-American Venezuela as currency crashes

CARACAS, Venezuela - It's still possible to buy a gleaming Ford truck in Venezuela, rent a chic apartment in Caracas, and snag an American Airlines flight to Miami. Just not in the country's official currency....

More on Hugo Chavez

  • Victory behind bars? How imprisoning politicians in Venezuela could backfire. Christian Science Monitor - Wed, 20 May, 2015

    Mr. Ceballos’s wife tweeted on Election Day that she hadn’t heard from her husband in 48 hours. Ceballos isn’t the only candidate in this year’s National Assembly race … More »Victory behind bars? How imprisoning politicians in Venezuela could backfire.

    Mr. Ceballos’s wife tweeted on Election Day that she hadn’t heard from her husband in 48 hours. Ceballos isn’t the only candidate in this year’s National Assembly race to have seen the inside of a jail cell. Recommended: Think you know Latin America?

  • File picture of Diosdado Cabello, head of Venezuela's National Assembly at a rally in Caracas
    Venezuela parliament head Cabello denies drug accusations Reuters - Tue, 19 May, 2015

    By Corina Pons and Alexandra Ulmer CARACAS (Reuters) - The Venezuelan government's second most powerful figure, Diosdado Cabello, denied on Tuesday any involvement in … More »Venezuela parliament head Cabello denies drug accusations

    File picture of Diosdado Cabello, head of Venezuela's National Assembly at a rally in Caracas

    By Corina Pons and Alexandra Ulmer CARACAS (Reuters) - The Venezuelan government's second most powerful figure, Diosdado Cabello, denied on Tuesday any involvement in the drug trade after U.S. media reports that he and other officials were under investigation for trafficking and money laundering. Stories in the Wall Street …

  • Venezuela's National Assembly President Cabello drives car during rally to commemorate 23rd anniversary of 1992 coup attempt led by former President Chavez, in Caracas
    U.S. probing Venezuelan officials for possible drug trafficking: WSJ Reuters - Mon, 18 May, 2015

    U.S. authorities are investigating Venezuela's powerful parliamentary chief, Diosdado Cabello, and other senior officials for possible cocaine trafficking and money laundering, … More »U.S. probing Venezuelan officials for possible drug trafficking: WSJ

    Venezuela's National Assembly President Cabello drives car during rally to commemorate 23rd anniversary of 1992 coup attempt led by former President Chavez, in Caracas

    U.S. authorities are investigating Venezuela's powerful parliamentary chief, Diosdado Cabello, and other senior officials for possible cocaine trafficking and money laundering, the Wall Street Journal reported on Monday. Citing more than 12 people familiar with the probes, the newspaper said federal prosecutors in New …

  • People enter to a polling station to cast their vote during opposition coalition primaries for parliamentary election in Caracas
    Venezuela opposition holds primaries for high-stakes parliament vote Reuters - Sun, 17 May, 2015

    By Alexandra Ulmer CARACAS (Reuters) - Venezuela's opposition coalition held primaries on Sunday for this year's high-stakes parliamentary election, its best shot in … More »Venezuela opposition holds primaries for high-stakes parliament vote

    People enter to a polling station to cast their vote during opposition coalition primaries for parliamentary election in Caracas

    By Alexandra Ulmer CARACAS (Reuters) - Venezuela's opposition coalition held primaries on Sunday for this year's high-stakes parliamentary election, its best shot in over a decade at recouping the National Assembly at one of the ruling Socialist Party's lowest ebbs. With Venezuela in recession, annual inflation possibly …

  • Venezuela's head of National Assembly, Diosdado Cabello attends a rally to commemorate 23rd anniversary of 1992 coup attempt led by former President Chavez, in Caracas
    Venezuela parliament leader squeezes media bosses over drugs story Reuters - Thu, 14 May, 2015

    By Alexandra Ulmer CARACAS (Reuters) - Venezuela's powerful parliament head Diosdado Cabello has sought a travel ban on some media bosses he is suing for slander over … More »Venezuela parliament leader squeezes media bosses over drugs story

    Venezuela's head of National Assembly, Diosdado Cabello attends a rally to commemorate 23rd anniversary of 1992 coup attempt led by former President Chavez, in Caracas

    By Alexandra Ulmer CARACAS (Reuters) - Venezuela's powerful parliament head Diosdado Cabello has sought a travel ban on some media bosses he is suing for slander over reproducing a story from a Spanish newspaper accusing him of running a drug ring. Cabello sued opposition-leaning newspapers El Nacional and Tal Cual and …

  • Venezuela's President Nicolas Maduro greets supporters and militia members next to his wife Cilia Flores during a ceremony in Caracas
    Venezuela parliamentary elections to be held in fourth quarter Reuters - Sun, 10 May, 2015

    By Eyanir Chinea CARACAS (Reuters) - Venezuela will hold parliamentary elections in the last quarter of this year and the exact date will be announced soon, the head … More »Venezuela parliamentary elections to be held in fourth quarter

    Venezuela's President Nicolas Maduro greets supporters and militia members next to his wife Cilia Flores during a ceremony in Caracas

    By Eyanir Chinea CARACAS (Reuters) - Venezuela will hold parliamentary elections in the last quarter of this year and the exact date will be announced soon, the head of the National Electoral Council (CNE) said on Sunday. Socialist president Nicolas Maduro is under growing pressure over the 2015 elections, especially …

  • A man walks past a Ford branch in Caracas
    Ford Venezuela unit to sell cars in dollars only: sources Reuters - Fri, 8 May, 2015

    The Venezuela division of Ford Motor Co will begin selling vehicles only in dollars in the coming months, two sources familiar with the situation said on Friday, … More »Ford Venezuela unit to sell cars in dollars only: sources

    A man walks past a Ford branch in Caracas

    The Venezuela division of Ford Motor Co will begin selling vehicles only in dollars in the coming months, two sources familiar with the situation said on Friday, as currency controls leave the automaker unable to recover revenue from local sales. A lack of parts for assembly in April led Ford de Venezuela to halt …

  • VeneVenezuela's President Maduro arrives at Vnukovo-2 airport in Moscow
    Venezuela's dissenting socialists deepen rift with Maduro Reuters - Fri, 8 May, 2015

    By Alexandra Ulmer CARACAS (Reuters) - A dissenting faction of Venezuela's Socialist Party is seeking to put forward its own candidates in this year's parliamentary … More »Venezuela's dissenting socialists deepen rift with Maduro

    VeneVenezuela's President Maduro arrives at Vnukovo-2 airport in Moscow

    By Alexandra Ulmer CARACAS (Reuters) - A dissenting faction of Venezuela's Socialist Party is seeking to put forward its own candidates in this year's parliamentary election, deepening a rift with President Nicolas Maduro's unpopular administration. Marea Socialista, or "Socialist Tide", a small group of leftist intellectuals, …

  • No experience, no problem: Alberta's NDP rookies scramble to govern Reuters - Thu, 7 May, 2015

    By Nia Williams and Scott Haggett CALGARY, Alberta (Reuters) - Alberta's new left-leaning government, which sensationally ended the Conservative party's 44-year run … More »No experience, no problem: Alberta's NDP rookies scramble to govern

    By Nia Williams and Scott Haggett CALGARY, Alberta (Reuters) - Alberta's new left-leaning government, which sensationally ended the Conservative party's 44-year run in Canada's energy heartland this week, is undertaking a crash course that could be called: "Ruling for Rookies." The election victory by the New Democratic …

  • Venezuela's President Maduro speaks to the crowd during a rally to celebrate May Day in Caracas
    Venezuela opposition joins in Maduro mango mania Reuters - Thu, 7 May, 2015

    By Andrew Cawthorne CARACAS (Reuters) - Venezuelans have not stopped chortling since President Nicolas Maduro was hit by a mango and then rewarded the fruit-thrower … More »Venezuela opposition joins in Maduro mango mania

    Venezuela's President Maduro speaks to the crowd during a rally to celebrate May Day in Caracas

    By Andrew Cawthorne CARACAS (Reuters) - Venezuelans have not stopped chortling since President Nicolas Maduro was hit by a mango and then rewarded the fruit-thrower with a new home, but now Maduro's foes are seeking to score political points from the tropical fruit. Government supporters cheered the incident as a sign …

  • Venezuela's Health Minister Henry Ventura shows a chart while speaking during an interview with Reuters at his office in Caracas
    Venezuela says probing drugmakers for improper use of hard currency Reuters - Wed, 6 May, 2015

    By Brian Ellsworth and Corina Pons CARACAS (Reuters) - Venezuela is investigating whether drug companies including Germany's Merck KGaA and Bayer AG have improperly … More »Venezuela says probing drugmakers for improper use of hard currency

    Venezuela's Health Minister Henry Ventura shows a chart while speaking during an interview with Reuters at his office in Caracas

    By Brian Ellsworth and Corina Pons CARACAS (Reuters) - Venezuela is investigating whether drug companies including Germany's Merck KGaA and Bayer AG have improperly profited from subsidized foreign exchange amid growing medicine shortages, the country's health minister said. Those firms have received a favorable exchange …

  • Venezuela produces some of the world's best chocolate. But profiting from it is another story
    Venezuela produces some of the world's best chocolate. But profiting from it is another story The Canadian Press - Wed, 29 Apr, 2015

    EL CLAVO, Venezuela - William Machado worked all winter harvesting palm-sized yellow cacao pods and drying the flavourful beans inside. He's part of a chocolate trade … More »Venezuela produces some of the world's best chocolate. But profiting from it is another story

    Venezuela produces some of the world's best chocolate. But profiting from it is another story

    EL CLAVO, Venezuela - William Machado worked all winter harvesting palm-sized yellow cacao pods and drying the flavourful beans inside. He's part of a chocolate trade that is one of this South American ...

  • By Diego Ore CARACAS (Reuters) - Venezuela's socialist government on Tuesday announced a nationwide electricity rationing plan to tackle a surge in demand caused by rising temperatures in recent weeks. The measures include cutting the workday for public officials to six hours, asking private companies to boost energy …

  • Supporters of arrested Caracas metropolitan mayor Antonio Ledezma protest for his release outside Venezuela's Embassy in Lima

    Venezuelan authorities requested on Friday that jailed opposition mayor Antonio Ledezma be granted home arrest due to medical problems, a move that could soften international pressure over his case. Ledezma, 59, a lawyer and hardline opposition leader who is mayor of Caracas, was jailed in February, accused of conspiring …

  • Venezuela's President Nicolas Maduro speaks during his weekly broadcast "en contacto con Maduro" (In contact with Maduro) in Caracas

    By Alexandra Ulmer CARACAS (Reuters) - A woman who bashed President Nicolas Maduro on the head with a mango has been promised a new house for her troubles in a surreal tropical tale that has gone viral in Venezuela. "Marleny Olivo had a problem with her house. ... I've approved an apartment for you, Marleny, as part …

  • By Andrew Cawthorne CARACAS (Reuters) - A former minister in President Nicolas Maduro's government denied in an interview published on Friday accusations of corruption during the purchase of three ferries from Spain and said he was being hounded for denouncing currency crimes. Local media said an arrest warrant was issued …

  • FILE - In this April 3, 2012 file photo, Uruguayan author Eduardo Galeano attends an event presenting his new book "Los hijos de los dias," or The sons of days, in Montevideo, Uruguay. Galeano, whose book “The Open Veins of Latin America” is a classic of leftist literature, died on Monday, April 13, 2015 in Montevideo, Uruguay, according to the Brecha publication where he was a contributor. (AP Photo/Matilde Campodonico, File)

    Uruguayan author Eduardo Galeano, whose "The Open Veins of Latin America" became a classic text for the left in the region and propelled the author to fame, died Monday at age 74. Galeano had been ill with lung cancer for several months.

  • File picture of Galeano at the municipal palace in Mexico City

    Eduardo Galeano, a Uruguayan journalist and author who was a leading light in Latin America's anti-capitalist movement, died after a battle with lung cancer on Monday, his publisher said. Galeano was 74. Galeano's writing career spanned half a century, but he is best-known for his seminal 1971 book 'The Open Veins of …

  • Venezuela's President Maduro carries a box containing signatures to ask U.S. President Barack Obama to lift sanctions against a group of Venezuelan army members during a rally in Caracas

    Venezuelan President Nicolas Maduro on Thursday said he saw an opportunity to improve strained ties with the United States, softening his stance toward U.S. President Barack Obama in the run-up to a hemispheric summit in Panama. Maduro, who has said he will protest that measure during the summit in Panama, commended Obama …

  • Passport 20150220

    The fate of Neil Bantleman should be a cautionary tale for Canadians venturing abroad, whether as tourists, on business or to start a new life. Things we take for granted in Canada, such as a fair and impartial justice system, can’t be counted on in much of the world. “So when they get engaged in a legal system, especially …

  • Newly elected Cuban Vice President Diaz-Canel attends closing session of National Assembly of Peoples Power in Havana

    By Nelson Acosta HAVANA (Reuters) - Cuba said on Wednesday it would remain steadfast by Venezuela even as it seeks to improve ties with the United States, criticizing Washington's Venezuela policy before a summit meeting where the U.S. and Cuban leaders will meet face-to-face. Cuban Vice-President Miguel Diaz-Canel chastised …

  • Bound by ideology and economy, Latin America mum on Venezuela amid US concerns over rights

    PANAMA CITY - From Mexico to Brazil, leaders in Latin America have largely kept silent amid charges of human rights abuses in Venezuela and are unlikely to speak out against their neighbour at this week's ...

  • Business Highlights The Canadian Press - Fri, 3 Apr, 2015

    End of robust hiring streak raises doubts about job market

 
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