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Venezuela News

  • Netanyahu’s Historic Latin American Tour to Highlight Israeli Tech Sector

    ISRAEL, 2017/09/10 Latin America is “hungry for Israeli technology,” a senior Foreign Ministry official said Tuesday ahead of Prime Minister Benjamin Netanyahu’s historic visit to the region next week. Deputy Director General at the Foreign Ministry’s Latin America and Caribbean Division, Modi Ephraim, said the visit will have historic significance, as it will be the initial by a sitting Israeli prime minister.
  • PM Netanyahu leaves on historic visit to Latin America

    ISRAEL, 2017/09/10 Israeli Prime Minister Binyamin Netanyahu will leave on Sunday evening for a working visit to Latin America. During his trip, Netanyahu will visit Argentina, Colombia and Mexico. This will be the initial visit by a sitting Israeli Prime Minister to Latin America. Paraguayan President Horacio Cartes will travel to Buenos Aires to meet Netanyahu. Netanyahu leaves for trip to Argentina, Mexico, and Columbia, then meets world leaders at UN General Assembly in New York. Accompanying Netanyahu is a delegation of Israeli businesspeople from the fields of agriculture, water, communications and energy. Members of the delegation will hold commercial meetings with their local counterparts. Eonomic events will as well be held in Argentina and Mexico, led by Netanyahu and the Argentine and Mexican heads of national.
  • UNWTO: International tourism – strongest half-year results since 2010

    AFGHANISTAN, 2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
  • Venezuelan vote data casts doubt on turnout at Sunday poll

    VENEZUELA, 2017/08/03 Only 3.7 million people had voted by 5.30 p.m. in Venezuela's controversial Constitutional Assembly election on Sunday, according to internal electoral council data reviewed by Reuters, casting doubt on the 8.1 million people authorities said had voted that day. The election of the legislative super-body has been decried by critics as illegitimate and designed to give the unpopular government of President Nicolas Maduro powers to rewrite the constitution and sideline the opposition-led congress.
  • Venezuelan election turnout figures manipulated by one million votes

    VENEZUELA, 2017/08/03 Turnout figures in Venezuela's Constitutional Assembly election were manipulated up by least 1 million votes, Smartmatic, a company which has worked with Venezuela since 2004 on its voting system, said on Wednesday. "We know, without any doubt, that the turnout of the recent election for a National Constituent Assembly was manipulated," Smartmatic CEO Antonio Mugica said at a news briefing in London.
  • Venezuela jails opposition leaders in new crackdown on opponents

    VENEZUELA, 2017/08/02 Venezuela jailed two leading critics of President Nicolas Maduro on Tuesday in a fresh blow to the opposition after the election of a new political body with absolute powers to strengthen the hand of the leftist government. The United States imposed sanctions on Maduro on Monday, calling him a "dictator" for Sunday's election of a constituent assembly that the opposition boycotted and denounced as illegitimate. In a statement announcing the jailing of opposition leader Leopoldo Lopez and veteran politician Antonio Ledezma, the pro-government Supreme Court said they were planning to flee the country and had violated terms of their house arrest by making political statements and speaking to media.
  • Latin America In Search Of An Alternative

    ARGENTINA, 2017/07/08 A lot of experts and commentators describe the political process in Latin America as one of ‘alternating right and left governments’. Journalists focus on the abrupt regime changes from democratic to authoritarian; from neo-liberal to progressive programs; and from oligarchs to populists. The financial media present the ‘right’s’ socially regressive policies and strategies as ‘reforms’, a euphemism for the re-concentration of wealth, profits and property into the hands of foreign and domestic oligarchs. Leftwing intellectuals and journalists paint an image of socio-economic transformations under Latin America’s ‘left’ regimes where ‘the people’ take power, gain is redistributed and increase flourishes.
  • Right-Wing Terrorism In Venezuela

    VENEZUELA, 2017/05/29 One May 20th, the 21 year old vendor from the shanty town of Petare, Orlando José Figueras, was beaten, stabbed, doused with gasoline and set on fire by opposition militants in the middle class neighborhood of Altamira during an anti-government demonstration reportedly because they took him for a Chavista or a thief. This atrocity has sent tremors throughout the popular barrios and raised the profile of terrorism from the right in Venezuela. The horrific scene was captured on video and by professional photographer, Marco Bello, and described in testimonies of the victim and his parents. Other demonstrators at the scene reportedly urged the attackers not to kill Figueras as he pleaded for his life. What happened to Figueras, who has lived to tell his story, is impossible to ignore, and it casts light on the hatred and savagery of some radical and extremist supporters of the opposition in Venezuela.
  • Venezuela's worst economic crisis: What went wrong?

    VENEZUELA, 2017/05/02 Venezuela is experiencing the worst economic crisis in its history, with an inflation rate of over 400 % and a volatile exchange rate. Heavily in deficit and with inflation soaring, its people continue to take to the streets in turmoil. The opposition has called for new protests on May 1, International Workers' Day. President Nicolas Maduro has announced the highest increase in the minimum wage ordered by him - 65 % of the monthly gain - which will be effective from May 1.
  • Higher earning Why a university degree is worth more in some countries than others

    AFGHANISTAN, 2016/12/11 A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree. The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.