Venezuela’s daily El Nacional will completely halt its print edition on Thursday, its editors said, blaming the move on pressure from the government. El Nacional was the last opposition newspaper still maintaining a nationwide circulation in Venezuela.
“We’ve endured longer than the others,” El Nacional’s president and CEO Miguel Otero told the Spanish newspaper ABC. “But in the end we could not persist.”
The popular daily would continue publishing news online.
As Venezuela’s hyperinflation and chronic medicine shortages leave HIV patients with little hope of obtaining antiretroviral drugs, many are now relying on the leaves of a tropical tree known as the guasimo.
For each dose, patients use around 50 leaves from the tree, which is often used for lumber and is also known as the West Indian elm, and run them through a blender with water. They then strain and drink the green liquid.
CARACAS (Reuters) – Goodyear Tire & Rubber Co (GT.O) is halting operations in Venezuela because of dire economic conditions and U.S. sanctions, the company said on Monday, part of an exodus of foreign corporations from the country.
Demand for consumer goods has plummeted and firms are unable to import raw materials, leading companies ranging from Kimberly-Clark Corp (KMB.N) to Kellogg Co (K.N) to leave for good.
“Goodyear-Venezuela has made the difficult decision to stop producing tires,” the firm said in a statement. “Our goal had been to maintain its operations, but economic conditions and U.S. sanctions have made this impossible.”
From a distance, the scene is beautiful, a dark pool shimmering under the midday sun, reflecting billowing clouds. But when you close in on the dirt-packed trail leading toward a trio of storage tanks, a pungent odor makes it clear. It’s not pretty; it’s an oil spill.
When we think of Venezuela, we think of starving people fleeing their country without access to food, clothing, toilet paper, or medical care. We think of street urchins fighting over garbage scraps with machetes. We think of migrant exoduses from socialism.
But there’s another reality about the place, and it’s not getting the attention, say, Saudi Arabia or Russia is, over the killings of dissidents. The Maduro regime is showing an alarming willingness to violently attack opposition leaders, and it’s moving in on high-profile ones who had previously seemed untouchable.
The caravan has swelled to nearly 6,000 people with the apparent intention of entering the U.S. and claiming asylum. Current U.S. law requires a lengthy asylum adjudication process and the Trump administration believes many migrants are using loopholes in U.S. law to illegally immigrate.
Smugglers, in ever growing numbers, emerge with a ragtag group of Venezuelan migrants – men struggling under tattered suitcases, women hugging bundles in blankets and schoolchildren carrying backpacks. They step across rocks, wade into the muddy stream and cross illegally into Colombia.
wo Venezuelans firemen who made a viral video portraying President Nicolas Maduro as a donkey were jailed on Sunday pending trial on charges of inciting hate and could face up to 20 years in prison if convicted, right groups said.
Ricardo Prieto, 41, and Carlos Varon, 45, were arrested by military counterintelligence officers on Wednesday at the fire station where they worked in western Merida state, according to the human rights observatory of the University of the Andes in Merida, which is tracking the case.
Venezuelan President Nicolas Maduro decided that the best way to deal with the country’s hyperinflation was to raise the minimum wage.
Sounds harmless, doesn’t it? Who could begrudge poor people a little raise in wages?
Except that inflation in Venezuela is currently running at about 2400 percent a year — 200 percent in August alone. And Maduro increased the minimum wage 3,500 percent while forbidding store owners from raising prices.
Venezuela introduced a new currency on Aug. 20 as a hopeful solution to the country’s rapidly devaluing currency and skyrocketing inflation rates, but after just a few weeks, Venezuela is already seeing 100 percent inflation.
The Venezuelan government issued the new currency, called the “sovereign” bolivar, to replace the “strong” bolivar, NPR reported on the day of the rollout.
The new bolivar is worth about 100,000 of the old bolivars, and is pegged to the government’s cryptocurrency, the petro.
When Donald Trump first floated the idea of a “military option” in Venezuela last year, he was widely rebuffed by regional leaders and policy experts.
Even the US president’s closest aides were reportedly stunned by the suggestion of an invasion – which for many in Latin America evoked bitter memories of previous US forays in the region.
Direct US intervention remains a fringe idea, but a small section of the Venezuelan opposition appears to be receptive to the possibility of a military coup to remove the country’s increasingly authoritarian president Nicolás Maduro.