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Showing results for tags 'Venezuela'.
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Venezuela to hold referendum on seizing part of Guyana — and its oil (Financial Times) The World Court in the Hague has ordered Venezuela to refrain from any action that would "alter the current situation on the ground": World Court orders Venezuela to refrain from action in border dispute with Guyana | Reuters WWW.REUTERS.COM Judges at the World Court on Friday ordered Venezuela to refrain from taking any action that would alter the current situation on the ground in a potentially oil-rich territory that is the subject of a border dispute with Guyana, which controls the area. Brazil has increased military readiness at its northern border: Brazil increases northern border military presence amid Venezuela-Guyana spat -ministry | Reuters WWW.REUTERS.COM Brazil "has intensified defensive actions" along its northern border as it monitors a territorial dispute between its neighbors, Guyana and Venezuela, the country's defense ministry said on Wednesday. -
The recognition comes as hundreds of thousands are protesting Maduro's rule.
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Naval Patrol Boat Takes on Cruise Ship. Loses Real Bad. The Victor: The Vanquished:
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In a radical attempt to end a prolonged period of economic turmoil in the oil-rich, but cash-poor nation, Venezuelan President Nicolas Maduro announced Friday that his socialist administration would issue new banknotes after lopping five zeroes off the beleaguered bolivar. The move effectively devalues Venezuela's currency by around 96 percent, with the bolivar set to go from about 285,000 per dollar to 6 million.
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Venezuelan officials say explosive drones went off as President Nicolás Maduro was giving a live televised speech in Caracas, but he is unharmed.
