Nearly 40 percent of all Venezuelan stores have closed their doors — some of them perhaps permanently — after the government of President Nicolás Maduro increased the minimum salary by nearly 3,500 percent in one fell swoop, according to the National Council of Commerce and Services of National Council of Commerce and Services of Venezuela.
Secretary of State Mike Pompeo on Wednesday said North Korean denuclearization is the 'top national security priority,' but the Trump administration is also focused on 'appropriate countermeasures' to anticipated Russian meddling in the 2018 midterms, knuckling down against Venezuelan President Nicolas Maduro’s power grab in Caracas and much, much more.
The US ratcheted up pressure on Venezuelan President Nicolas Maduro on Monday by further tightening economic sanctions against the cash-starved leftist regime.
When Yolanda Abreu got her check for severance pay after five years working as a cardiologist, she let out a laugh of sheer disbelief: it was barely enough for a cup of coffee.
On Wednesday, the Supreme Court will take up the travel ban again.
Venezuela’s currency is worth even less than previously believed, with new trackers of the black-market rate showing deep discounts compared with the long-standing benchmark gauge.
A Venezuelan evangelical pastor who is running for president said on Wednesday that religious leaders have earned the right to enter politics in Latin America due to the failure of politicians in the region, where Protestant candidates are on the rise.
European Union foreign ministers approved economic sanctions, including an arms embargo, on Venezuela on Monday, saying regional elections last month marred by reported irregularities had deepened the country’s crisis.
Venezuela announced plans to begin issuing 100,000-bolivar notes on Wednesday as the government struggles to control skyrocketing inflation. One year ago, the largest bill was only 100 bolivars – an amount that is now practically worthless.
Venezuela’s triple-digit annual inflation rate is set to jump to more than 2,300 percent in 2018, the highest estimate for any country tracked by the International Monetary Fund.
U.S. President Donald Trump escalated his standoff with North Korea over its nuclear challenge on Tuesday, threatening to “totally destroy” the country of 26 million people and mocking its leader, Kim Jong Un, as a 'rocket man.'
President Trump told leaders of Latin American nations Monday night that the U.S. is ready to take “further action” against the Venezuelan government if President Nicolas Maduro persists in repression.