Tag Archives: Venezuelan

Venezuelan forces kidnap opposition leader Juan Guaido's chief of staff in raid

Venezuelan forces kidnap opposition leader Juan Guaido's chief of staff in raidVenezuelan armed intelligence officers descended on the apartment of Roberto Marrero, a lawyer and top adviser to opposition leader Juan Guaido.



Yahoo News – Latest News & Headlines

Citigroup to sell Venezuelan gold in setback to President Maduro: sources

Citigroup to sell Venezuelan gold in setback to President Maduro: sourcesMaduro’s government has since 2014 used financial operations known as gold swaps to use its international reserves to gain access to cash after a slump in oil revenues left it struggling to obtain hard currency. Under the terms of the 2015 deal with Citigroup’s Citibank, Venezuela was due to repay $ 1.1 billion of the loan on March 11, according to four sources familiar with the situation. Citibank plans to sell the gold held as a guarantee – which has a market value of roughly $ 1.358 billion – to recover the first tranche of the loan and will deposit the excess of roughly $ 258 million in a bank account in New York, two of the sources said.



Yahoo News – Latest News & Headlines

Citigroup to sell Venezuelan gold in setback to President Maduro: sources

Citigroup to sell Venezuelan gold in setback to President Maduro: sourcesMaduro’s government has since 2014 used financial operations known as gold swaps to use its international reserves to gain access to cash after a slump in oil revenues left it struggling to obtain hard currency. Under the terms of the 2015 deal with Citigroup’s Citibank, Venezuela was due to repay $ 1.1 billion of the loan on March 11, according to four sources familiar with the situation. Citibank plans to sell the gold held as a guarantee – which has a market value of roughly $ 1.358 billion – to recover the first tranche of the loan and will deposit the excess of roughly $ 258 million in a bank account in New York, two of the sources said.



Yahoo News – Latest News & Headlines

U.S.-sanctioned Venezuelan general defects to Colombia: sources

U.S.-sanctioned Venezuelan general defects to Colombia: sourcesA Venezuelan general who is under U.S. sanction for incompetent management of a state medicine program has fled to Colombia amid growing pressure on President Nicolas Maduro, two sources familiar with the matter said on Monday. The United States in 2018 sanctioned army General Carlos Rotondaro, former head of a government agency that provided medicine for chronic health conditions, as part of efforts to “highlight the economic mismanagement and endemic corruption” by Maduro’s government.



Yahoo News – Latest News & Headlines

Colombia: 1,000 Venezuelan forces crossed border since Feb.

Colombia: 1,000 Venezuelan forces crossed border since Feb.CARACAS, Venezuela (AP) — About 1,000 members of the Venezuelan security forces have fled to Colombia since last month, giving up weapons and uniforms as they abandoned the government of President Nicolas Maduro, Colombian authorities said Monday.



Yahoo News – Latest News & Headlines

Venezuelan 'cyber-attack' possible but unlikely, experts say

Venezuelan 'cyber-attack' possible but unlikely, experts sayVenezuelan President Nicolas Maduro’s government has accused the United States of “cyber sabotage” to knock out the country’s central hydroelectric complex and leave the nation largely without electricity since Thursday afternoon. Venezuela has the fourth largest hydroelectric complex in the world that lies on the Orinoco river at Guri in the southern state of Bolivar. “But knowing Venezuela, it was likely an internal failure,” he told AFP.



Yahoo News – Latest News & Headlines

Venezuelan government targets Guaido as some power returns

Venezuelan government targets Guaido as some power returnsCARACAS, Venezuela (AP) — Venezuelan officials reported blackouts easing in some areas Tuesday, while the chief prosecutor said opposition leader Juan Guaido is being investigated for allegedly sabotaging the national power grid, whose collapse last week has inflicted misery on millions.



Yahoo News – Latest News & Headlines

Venezuelan Police Arrest Prominent Journalist as He Cycles Home

Venezuelan Police Arrest Prominent Journalist as He Cycles HomeThe arrest is an escalation of President Nicolas Maduro’s aggressive attempts to silence and intimidate the press, which include the recent temporary detentions of Univision journalist Jorge Ramos and U.S. freelance reporter Cody Weddle, deported last week. Diaz was grabbed by intelligence police while biking home from the Union Radio network, according to his wife.



Yahoo News – Latest News & Headlines

Pompeo blames Russia, Cuba for Venezuelan crisis

Pompeo blames Russia, Cuba for Venezuelan crisis“This story is not complete without acknowledging the central role Cuba and Russia have played and continue to play in undermining the democratic dreams of the Venezuelan people and their welfare,” Pompeo told reporters. “Moscow, like Havana, continues to provide political cover to the Maduro regime, while pressuring countries to disregard the democratic legitimacy of the interim president Guaido,” he added. The Trump administration has taken several steps in recent weeks to ratchet up pressure on Maduro and bolster Venezuelan opposition leader Juan Guaido, recognized by the United States and more than 50 other countries as interim president.



Yahoo News – Latest News & Headlines

Venezuelan authorities release detained US journalist

Venezuelan authorities release detained US journalistA US journalist who was detained for more than 12 hours by Venezuelan security services was released Wednesday after more than 12 hours in custody, one of the networks he worked for reported. Cody Weddle, who worked in Venezuela for several years as a correspondent for a variety of US media, “has been released after being detained by Venezuelan authorities,” Miami’s WPLG Local 10 News said on Twitter. Venezuela’s National Union of Press Workers, known by its Spanish acronym SNTP, added he had been taken to Caracas’ Simon Bolivar International Airport where he would be deported.



Yahoo News – Latest News & Headlines