Walter Molano | Venezuela: The day after
Jamaica Gleaner

Venezuela is a mess. The economy has collapsed. And with an inflation rate that is expected to top 10 million per cent, it is now among the highest episodes of hyperinflation. The hyperinflation record is currently held...

Without Venezuela's oil, Haiti struggles to keep lights on
Jamaica Observer

PORT-AU-PRINCE, Haiti (AP) — When her daughter was four years old, Jennifer Jean started a small catering business in Bourdon, a lower middle-class district of the Haitian capital.Starting with the occasional wedding...

3 million people have fled Venezuela since 2015 — UN
Jamaica Observer

GENEVA, Switzerland (AFP) — An estimated three million people have fled the crisis in Venezuela since 2015, most of whom should be considered refugees, the United Nations disclosed today.UN refugee agency spokeswoman...

Citing safety, US cuts air links to Venezuela
Jamaica Observer

WASHINGTON, United States (AFP) — Citing safety concerns, the United States on Wednesday suspended all passenger and cargo air services to Venezuela.The announcement follows the decision in March by American...

US targets shippers for bringing Venezuela oil to Cuba
Jamaica Observer

WASHINGTON, United States (AFP) — The United States last Friday imposed sanctions on two shipping companies for delivering Venezuelan oil to ally Cuba in what it called a response to actions against opposition...

Spain lashes out at Trump over Cuba, Venezuela
Jamaica Observer

MADRID, Spain (AFP) ­ — Spain's foreign minister on Wednesday lashed out at Washington's decision to lift a ban on lawsuits in US courts over property confiscated by Cuba, calling the move an “abuse of...

Guyana risks becoming like Venezuela in absence of plan to diversify economy-Jagdeo
Kaieteur News

PPP General Secretary, Bharrat Jagdeo, is dissatisfied with the efforts Government says it is making to ensure the nation is not overly dependent on the oil revenues to come. He also bemoaned the fact that the government...

Nicaraguan bank sanctioned by US shuts down
Jamaica Observer

MANAGUA, Nicaragua (AP) — A Nicaraguan bank close to the government has shut down after the United States imposed sanctions for alleged financial misdeeds on behalf of Venezuela's state-owned oil company.Eduardo...

After years of crisis, Venezuelans wonder what is ‘normal’
Jamaica Gleaner

At first glance, the graffiti reading “Un pais normal?” seems ambiguous in Venezuela’s frayed capital, where the government brandishes slogans like clenched fists and the opposition lobs insults at...

US moves to end 'Cuba's influence on Venezuela'
Jamaica Observer

WASHINGTON, DC, USA (CMC) – The United States Department of State says the Trump Administration has taken action to end “Cuba's influence on Venezuela”.“Today, the United States sanctioned four...

IMF, World Bank ready to respond to Venezuelan humanitarian crisis
Jamaica Observer

WASHINGTON, DC, United States (AP) — The International Monetary Fund (IMF) and the World Bank said yesterday they are ready to respond to the humanitarian crisis in Venezuela once their participation is requested.The...

US says countries reviewing aid plan for Venezuela
Jamaica Observer

WASHINGTON, United States (AFP) — US Treasury Secretary Steven Mnuchin said Thursday that a group of countries are discussing plans to provide financial support to Venezuela, amid the country's economic collapse.In...

Efforts to recover Petrojam shares start
Jamaica Observer

Newly appointed permanent secretary in the Ministry of Science, Energy and Technology, Carol Palmer, says that the legislation to retake ownership of the 49 per cent shares in Petrojam held by Venezuela's PDVSA has been...

Venezuela returns to Middle Ages during power outages
Jamaica Observer

CARACAS, Venezuela (AFP) — Walking for hours, making oil lamps, bearing water. For Venezuelans today, suffering under a new nationwide blackout that has lasted days, it's like being thrown back to life centuries ago.

Panama the likely venue for arbitration over Petrojam shares
Jamaica Gleaner

Lawyers represen-ting Petróleos de Venezuela, SA (PDVSA) are said to have chosen Panama as the venue to pursue the settlement of the ongoing dispute between Venezuela and Jamaica over the South American country’s...

Venezuela declares holiday as new blackout grips country
Jamaica Observer

CARACAS, Venezuela (AFP) — Venezuela decreed a 24-hour holiday yesterday to cope with a new near-nationwide blackout that the government alleged was caused by an “attack” targeting its main hydroelectric...

In Caracas, water an obsession after days of blackout
Jamaica Observer

CARACAS, Venezuela (AFP) — Plastic bottles and containers at the ready, Keisy Perez ignores the stench from the brown river as it slips slowly through the grimy San Agustin district of Venezuela's capital. The quest...

IDB is first multilateral lender to recognise envoy of Venezuela's Guaido
Jamaica Observer

WASHINGTON, United States (AFP) — The Inter-American Development Bank on Friday officially recognised the representative named by Venezuela's opposition leader Juan Guaido, the first multilateral institution to take...

IDB recognises Venezuela representative designated by Guaidó
Jamaica Gleaner

Inter-American Development Bank (IDB)governors approved on Friday a resolution recognising a new Venezuela representative designated by opposition leader Juan Guaidó. The IDB said in a press release that the...

Engineer: Satellite suggests fire caused Venezuela outage
Jamaica Gleaner

In the week since a massive blackout left millions in Venezuela without power, both the government and opposition have put forward disputing theories on what caused the outage without providing any evidence. Now, two...

Venezuela accuses US of 'terrorist attack' on oil facility
Jamaica Observer

CARACAS, Venezuela (AFP) — Venezuelans resumed work yesterday after a week-long hiatus forced by an unprecedented nationwide blackout, but President Nicolas Maduro's regime faced fresh problems including a...

UN delegation for Venezuela
Jamaica Observer

GENEVA (CMC) — A delegation from the United Nations Human Rights Office of the High Commission (OHCHR) is due in Venezuela on Monday amid the ongoing economic and political instability in the South American...

In impoverished Venezuela the US dollar is king
Jamaica Observer

CARACAS, Venezuela (AFP) — Whether paying for a manicure, an evening gown or a litre of milk, in Venezuela the US dollar can buy anything, so long as you're discreet.“Of course we take dollars, we can even try...

Guyana plight if Maduro leaves
Kaieteur News

In 2015 Guyana awarded an oil exploration contract to ExxonMobil, former company of former US Secretary of State Rex Tillerson. Exxon soon discovered an oil field estimated at five billion barrels, significant enough to...

Venezuela: a big deal in Florida, and for 2020 vote
Jamaica Observer

MIAMI, United States (AFP) — Normally, the political and economic crisis raging in Venezuela would hardly crack the list of important issues affecting American political races.But it's a huge deal for the Venezuelan...

Government take-over of Petrojam unlikely to affect ratings — analyst
Jamaica Observer

THE Government's plans to acquire Venezuela's 49 per cent share in the Petrojam refinery is closely being monitored by international rating agency, Moodys Investment Services.In an interview which preceded Tuesday's...

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