Venezuela

Who Wins 'The Most Corrupt' Contest of Transparency International? Survey Says Latin American Countries

Latin American nations recently dominated the list for having the worst cases of corruption worldwide. As a matter of fact, Transparency International named three cases in the region on their 2015 “Unmask the Corrupt” campaign.

How Latin America Became a Significant Market for Scotch Whisky

Latin America is a vast and developing market. That’s why the Scotch Whisky Association (SWA) and the Canning House, a top U.K. forum on Latin American politics, economics and business, believed that the growth of Scotch showed what other European businesses can achieve in the region.

Guillain-Barré, Zika Virus Connection Getting Stronger as Paralysis Cases Increase in Latin America

Doctors continue to witness an increase in patients exhibiting the symptoms of the condition. Paralysis and neurological disorders, such as the Guillain-Barré syndrome (GBS), are increasing in Latin American countries and its links to the Zika virus outbreak could be getting stronger, the World Health Organization (WHO) confirmed in a new report.

How Venezuela's New Economic Czar Plans to Boost the Economy

Venezuelan President Nicolás Maduro chose Trade and Industry Minister Miguel Perez Abad to replace leftist sociologist Luis Salas as the country’s new economy vice president amid a severe economic crisis looming in the embattled country.

Why Colombia’s ‘Garage Clinics’ Continue to Perform Plastic Surgery Procedures Amid Extreme Health Risks

Colombia is perhaps considered the plastic surgery capital in Latin America. As a matter of fact, the country has always been in the top 10 with the highest number of operations, along with Venezuela and Brazil.

OPEC Meeting Imminent? More and More Countries Demand Emergency Measures Amid Oil Crisis

More OPEC members are requesting for an emergency meeting. Will Saudi Arabia finally give its approval?

How Latin America Celebrates Chinese New Year 2016

For most people in the world, the New Year has already been celebrated and welcomed on Jan. 1 but for many members of the fast-growing Asian demographic, the so-called Chinese New Year came on Feb. 8.

Latin America: Home of the World’s Most Miserable Economies? Venezuela, Argentina Show High Misery Indexes

Due to enormous political tension, power struggles, soaring inflation as well as falling currencies and commodities in Latin America, several countries across the region have been listed with high misery indexes.

Colombian Counterfeiters Take Advantage of Rising US Dollar

Colombian Counterfeiters Take Advantage of Rising US Dollar With countries such as Venezuela suffering from a devalued currency and the continued strengthening of the U.

Venezuela Up for More Inflation? Country Orders Banknotes by the Planeload

Venezuela seems intent on inflating its currency even more. Venezuela has allegedly started a program that the government believes would help the country's crippled economy.

Venezuela's Opposition Party Tries to Run Maduro Out of Office

Venezuela's conservative opposition party is stepping up their efforts to run Socialist President Nicolas Maduro out of office

'El Conejo' Murder: Notorious Gang Boss Killed in Venezuelan Prison

Venezuela's visionary crime boss has been murdered. Teofilo Rodriguez Cazorla, known in Venezuela as the notorious crime boss "El Conejo," has been murdered outside a nightclub in the city of Porlamar, located on Margarita Island.

Zika Virus Expert Urges Action in Venezuela; Denmark Confirms New Case

The Zika outbreak continues to cause concern around the globe, as an expert decried the lack of information on the virus available in Venezuela. Meanwhile, a Danish hospital confirmed that a tourist had been infected with the disease after visiting southern and central America.

Low Oil Prices Could Trigger Venezuelan Default

Venezuela's economic situation is so dire that experts are fearing the South American country might eventually default on its $120 billion foreign debt, even though President Nicolás Maduro insisted this week that his government would honor all its financial obligations.

Venezuela Loses UN Voting Rights Due to Arrears

The United Nations has decided to temporarily suspend Venezuela's voting rights due to nonpayment of annual dues to the organization.

Venezuelans Advised to Grow Food at Home Amid Crisis

As Venezuela struggles in its worst economic crisis in decades, the citizens are feeling the strain with a food shortage sweeping the country. To combat the difficulty in acquiring food, President Nicolas Maduro is telling families to consider producing their own food at home.

Venezuela Calls for Emergency OPEC Meeting

Venezuela's government has requested OPEC hold an emergency meeting due to a collapse in oil prices that has left the country's economy in dire straits, sources at the company said Wednesday.

CDC Issues Travel Warnings for 14 Latin American, Caribbean Nations Exposed to Zika Virus

The U.S. Centers for Disease Control and Prevention has recently issued a travel warning for 14 Latin American nations and Caribbean territories that have exposed to Zika virus, a mosquito-borne virus connected to the increasing rate of birth defects in Brazil. The alert was issued late Friday and it includes Brazil, Colombia, El Salvador, French Guiana, Guatemala, Haiti, Honduras, Martinique, Mexico, Panama, Paraguay, Suriname, Venezuela and Puerto Rico.

Venezuelan Leader Declares Economic Emergency

The Venezuelan government declared a 60-day economic emergency on Jan 15. Venezuela declared a 60-day economic emergency on Jan 15. As the BBC reports, the announcement that President Nicolas Maduro will govern by decree for the next two months was made just hours before the socialist leader delivered his State of the Nation address to Congress.

Oil Producers Like Venezuela, Iran, Russia and Saudi Arabia Continue to Face Price Drop Crisis

The oil industry has entered a challenging phase recently with oil prices dropping and oil-producing nations continue to face financial crisis. These include Venezuela and others like Iran, Russia and Saudi Arabia.

Venezuelan Opposition Loses Supermajority

Venezuela's opposition on Jan. 14 lost the supermajority it had won in the country's Dec. 6 legislative elections, deciding to cave to a Supreme Tribunal ruling preventing three of its lawmakers from being sworn in.
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