Edition:
United Kingdom

Corina Pons

U.S.-sanctioned Venezuela doubles euro supplies to banks

9:02am GMT

CARACAS Venezuela's central bank has doubled the amount of euros in cash it provides local banks as hyperinflation and U.S. sanctions prompt a surge in use of the European currency, four sources familiar with central bank activities said.

U.S. Treasury temporarily blocks creditor seizure of refiner Citgo

25 Oct 2019

CARACAS The United States on Thursday temporarily blocked a creditor seizure of Citgo, a win for political leaders in Venezuela struggling to retain control over the U.S. refiner owned by the chaotic South American nation.

In hungry Venezuela, food producers step up exports to survive

23 Oct 2019

MARACAIBO, Venezuela, Shrimp farming is booming in this western Venezuelan city, but little of the shellfish is destined for tables in this malnourished nation.

Venezuelan Guaido's team proposed 90-day truce to PDVSA bondholders: sources

18 Oct 2019

MEXICO CITY/CARACAS Venezuela's opposition last week sent holders of state oil company PDVSA's 2020 bond a proposal to suspend legal actions for 90 days, the latest maneuver to avoid losing U.S. refiner Citgo Petroleum, three sources familiar with the talks said.

Venezuelan Guaido's team proposed 90-day truce to PDVSA bondholders -sources

18 Oct 2019

Oct 18 Venezuela's opposition last week sent holders of state oil company PDVSA's 2020 bond a proposal to suspend legal actions for 90 days, the latest maneuver to avoid losing U.S. refiner Citgo, three sources familiar with the talks said.

Maduro left Norwegian mediators in the dark about side deal -Venezuela opposition negotiator

18 Sep 2019

CARACAS Venezuelan President Nicolas Maduro did not inform Norway's foreign ministry, which is mediating a dialogue between his government and opposition leader Juan Guaido, about a side deal with a smaller sector of the opposition before it was announced earlier this week, a member of Guaido's negotiating team said on Wednesday.

Venezuelan government mulls sending lawmakers back to opposition assembly

16 Sep 2019

CARACAS Venezuela's government said on Monday it was evaluating sending some of its lawmakers back to the opposition-controlled National Assembly, which President Nicolas Maduro has called an illegal institution, as part of new talks with one opposition faction.

Venezuela government, opposition talking despite stalled Norway-backed dialogue: sources

12 Sep 2019

CARACAS A group of Venezuelan government officials and opposition activists are quietly holding talks focused on the economy despite the stalling of a formal dialogue mediated by Norway, according to nine sources involved.

Venezuela gold reserves drop by $1 billion in first half 2019

03 Sep 2019

CARACAS Gold reserves held by Venezuela's central bank fell by $1 billion in the first half of 2019, official data released this week showed, amid opposition accusations that the government is selling the precious metal abroad to raise revenue in the face of U.S. sanctions.

Venezuela gold reserves drop by $1 bln in first half 2019

03 Sep 2019

CARACAS, Sept 3 Gold reserves held by Venezuela's central bank fell by $1 billion in the first half of 2019, official data released this week showed, amid opposition accusations that the government is selling the precious metal abroad to raise revenue in the face of U.S. sanctions.

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