News

Venezuela is blaming a crippling 5-day blackout on US cyber warfare — but experts say it’s probably the country’s neglected power network

Venezuela is entering the fifth day of its worst blackout in decades. President Nicolás Maduro blamed “American imperialism”, specifically US cyber attacks, for the power outage. But experts believe the lack of maintenance and funding of the national power grid is the real culprit. Many hospitals are without power, public […]
Venezuela is blaming a crippling 5-day blackout on US cyber warfare — but experts say it’s probably the country’s neglected power network
News

As Venezuela descends into chaos, Marco Rubio posts bloody tweet and highlights alleged poisoning of opposition lawmaker

Senator Marco Rubio (R) has continued to advocate for Venezuelan opposition amid a deepening crisis, amplifying reports of protests and alleged human rights abuses, and posting aggressive tweets. Rubio has been a longtime supporter of the Venezuelan opposition because of President Maduro’s association with the Cuban government. On Sunday, he […]
As Venezuela descends into chaos, Marco Rubio posts bloody tweet and highlights alleged poisoning of opposition lawmaker
Markets

Venezuelan assets are rallying as the world’s biggest economies recognise Juan Guaidó as the country’s new president

Venezuela’s credit markets are rallying after President Trump announced that he would recognise Juan Guaidó as the country’s legitimate head of state. Guaidó’s initial legislative challenge sent the country’s bonds to a five month high which has been surpassed today. Venezuela’s state-owned oil company Petroleos de Venezuela’s bonds also rallied […]
Venezuelan assets are rallying as the world’s biggest economies recognise Juan Guaidó as the country’s new president
Markets

10 pictures reveal the huge amounts of cash Venezuelans need to buy everyday things

In a plan designed to tackle hyperinflation, Venezuelan President Nicolas Maduro on Friday announced plans to raise his country’s minimum wage and create a single exchange rate pegged to his government’s petro-backed cryptocurrency, effectively devaluing the country’s currency by 96%, Reuters reported. Venezuelans rushed to shops Friday to stock up […]
10 pictures reveal the huge amounts of cash Venezuelans need to buy everyday things
News

Venezuela says it has identified the masterminds behind the alleged drone assassination attempt on President Nicolas Maduro

Venezuelan Attorney General Tarek William Saab said officials have identified the suspects involved in Saturday’s alleged assassination attempt on President Nicolas Maduro. The announcement comes after officials said they had arrested six people in connection to the alleged attack. Venezuelan officials said the six people arrested had expressed anti-government sentiment […]
Venezuela says it has identified the masterminds behind the alleged drone assassination attempt on President Nicolas Maduro