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Mayela Armas

Venezuela's 'shadow opposition' scrambles to find candidates for election

28 Jul 2020

CARACAS/PUERTO ORDAZ When a Venezuelan political party asked union leader Henry Arias to run for congress on a platform opposing President Nicolas Maduro, Arias quickly responded that the party in question didn't actually represent the opposition - and turned them down.

Venezuela's rival presidents prepare to battle over gold in London vaults

19 Jun 2020

LONDON/CARACAS In the vaults beneath the Bank of England, where foreign nations stash parts of their vast gold reserves, lie 1.7 billion euros ($1.9 billion) of disputed gold bars. Two parties claim access to them.

UPDATE 1-Venezuela orders banks to sell dollars from fuel sales to forex market

19 Jun 2020

CARACAS, June 18 Venezuela's central bank has ordered local banks to sell dollars received through gasoline sales to the government's foreign-exchange system to boost supply of hard currency to the cash-strapped economy, three sources familiar with the requests said.

Venezuela orders banks to sell dollars from fuel sales to forex market

19 Jun 2020

CARACAS, June 18 Venezuela's central bank has ordered local banks to sell dollars received through gasoline sales to the government's foreign-exchange system to boost supply of hard currency to the cash-strapped economy, three sources familiar with the requests said.

Fuel-short Venezuelans turn to two wheels in boom for bike mechanics

02 Jun 2020

CARACAS With fuel for decades the cheapest in the world and gas-guzzling vehicles a sign of status, few Venezuelans could be bothered to jump on a bicycle.

Venezuela's government increases gasoline prices starting in June

31 May 2020

CARACAS Venezuela's President Nicolas Maduro on Saturday announced a price hike for gasoline after two decades of frozen values at the pump, as part of a system to fill vehicles and motorcycles with subsidized fuel up to monthly quotas and pay internationally indexed prices over those levels.

UPDATE 1-Venezuela's government increases gasoline prices starting in June

31 May 2020

CARACAS, May 30 Venezuela's President Nicolas Maduro on Saturday announced a price hike for gasoline after two decades of frozen values at the pump, as part of a system to fill vehicles and motorcycles with subsidized fuel up to monthly quotas and pay internationally indexed prices over those levels.

English court to weigh recognition of Maduro, Guaido in Venezuela gold case

29 May 2020

CARACAS/LONDON An English court on Thursday said it would need to decide which of Venezuela's dueling political factions to recognize before ruling on President Nicolas Maduro's request for the Bank of England to hand over gold the country has in its vaults.

Venezuela's Maduro vows to raise gasoline price as Iranian tanker nears

28 May 2020

CARACAS/MARACAY, Venezuela Venezuelan President Nicolas Maduro on Wednesday pledged to begin charging citizens for gasoline, as the fourth cargo of a five-tanker flotilla bringing fuel from Iran approached the South American nation's exclusive economic zone.

Venezuelans clamor for gasoline as U.S. weighs response to Iran fuel shipment

20 May 2020

CARACAS With the United States weighing a response to a gasoline shipment from Iran to Venezuela, people waiting in line outside service stations in the country's capital said they were eager to fill their tanks, regardless of how the fuel arrived.

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