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Mayela Armas

Venezuelan professionals turn to cooking and delivery to survive quarantine

14 Oct 2020

CARACAS Venezuelan professionals from biologists to lawyers have turned to making food and face masks or selling cleaning products as the coronavirus quarantine further weakens an economy already struggling under a six-year recession.

Venezuelan professionals turn to cooking and delivery to survive quarantine

14 Oct 2020

CARACAS, Oct 14 Venezuelan professionals from biologists to lawyers have turned to making food and face masks or selling cleaning products as the coronavirus quarantine further weakens an economy already struggling under a six-year recession.

Small investment funds buy Venezuela bonds to pressure Maduro and Guaido

13 Oct 2020

CARACAS Three small investment funds have started buying defaulted Venezuelan bonds as hopes of a change of government are fading and the South American nation is proposing a restructuring, according to sources and documents.

Small investment funds buy Venezuela bonds to pressure Maduro and Guaido

12 Oct 2020

CARACAS, Oct 12 Three small investment funds have started buying defaulted Venezuelan bonds as hopes of a change of government are fading and the South American nation is proposing a restructuring, according to sources and documents.

UPDATE 1-Venezuela's Maduro drafts bill to expand powers for new oil deals

02 Oct 2020

CARACAS, Oct 1 Venezuelan President Nicolas Maduro has drafted legislation to grant his government expanded powers to confidentially sign new oil deals with private firms and foreign nations as a way of getting around U.S. sanctions, according to the proposal and people familiar with the initiative.

Venezuela's Maduro drafts bill to expand powers for new oil deals

01 Oct 2020

CARACAS, Oct 1 Venezuelan President Nicolas Maduro has drafted legislation to grant his government expanded powers to confidentially sign new oil deals with private firms and foreign nations as a way of getting around U.S. sanctions, according to the proposal and people familiar with the initiative.

UPDATE 1-Cash-strapped Venezuela seeks deal with bondholders despite sanctions

16 Sep 2020

CARACAS, Sept 15 Venezuela's finance minister on Tuesday offered to speak with bondholders about a potential renegotiation of the cash-strapped country's debt, which economists and financial industry sources said would face challenges due to U.S. sanctions.

EU says 'time is too short' to send observers for Venezuela's December vote

11 Sep 2020

CARACAS/BRUSSELS The European Union has received an invitation to observe parliamentary elections in Venezuela in December, but President Nicolas Maduro's authoritarian government so far has not met "minimum conditions" to allow it to do so, an EU spokeswoman said on Friday.

Venezuela opposition must stop pretending to be government, Capriles says

03 Sep 2020

CARACAS Venezuela's opposition must stop "playing at government" and start focusing on elections, two-time presidential candidate Henrique Capriles said on Wednesday, in a rare public swipe at congress chief Juan Guaido's parallel presidency.

Exclusive: Venezuela wins grace period on China oil-for-loan deals, sources say

12 Aug 2020

CARACAS Venezuela's government has negotiated an agreement with Chinese banks for a grace period until the end of the year on some $19 billion in loans that are paid off with oil shipments, according to three sources in Caracas with knowledge of the situation.

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