Category Archives: VENEZUELA

Venezuelan Socialists Support Gold Repatriation

Caracas, Aug 21 (Prensa Latina) The ruling United Socialist Party of Venezuela (PSUV) begins in this capital on Sunday a process of mobilizations to support the President Hugo Chavez�s decision to repatriate gold reserves held in foreign banks.

According to PSUV vice president Aristobulo Isturiz, the mobilizations planned nationwide for the coming days begin with an assembly which will have among participants the minister of Finance and Planning, Jorge Giordani, and the president of the Central Bank, Nelson Merentes. Continue reading

Chavez Reiterates Opposition”s Inability to Govern Venezuela

Caracas, Aug 20 (Prensa Latina) Venezuelan President Hugo Chavez insisted on Saturday that the opposition is “absolutely” unfit to govern this country again.

Through his column Notas de Retaguardia published in the local newspaper El Correo del Orinoco, Chavez stressed the need for the people and government to be deployed throughout the country to address the stance of the opponents to the developing social transformations. Continue reading

Venezuelan Opposition Accused of Ties to CIA

Caracas, Aug 19 (Prensa Latina) Members of the Venezuelan political oppositions are tied to the intelligence agencies of the United States, a country that represents a threat for the whole region, Socialist congress member Hector Navarro said Friday. Continue reading

Chavez Ratifies Sovereign Use of International Reserves

Caracas, Aug 18 (Prensa Latina) President Hugo Chavez reaffirmed Thursday that Venezuela will use its international reserves according to the country’s interests, without subordinating itself to foreign powers or institutions. In a second article for his column “Notes from the Rear Guard” in the Orinoco Mail newspaper, Chavez decried what he called a campaign to create confusion and destabilization by using the issue of reserves. Continue reading

Venezuela to Increase Cell Phone Production

Caracas, Aug 11 (Prensa Latina) The Government of Venezuela plans to increase the people´s access to cell phones and increase the total of cell phones assembled by local firms to two million this year, according to the Minister of Science, Technology and Intermediate Industries Ricardo Menendez. Continue reading

Venezuela: Indigenous Youth Congress Concludes

Caracas, Aug 9 (Prensa Latina) The 4th Bolivarian and Indo-American Youth Congress concludes Tuesday after debates focused on the creation of a regional movement that includes the new generations. Since Sunday, more than 400 delegates from 18 countries have exchanged opinions on the relevance of this alliance, which will strengthen the current processes of change in the region and preserve ancient traditions. Continue reading

Venezuela maintains low poverty, unemployment rates despite capitalism’s crisis


Caracas, 09 Ago. AVN .- The Government of Venezuela, through social investment and implementing policies attached to people”s wellbeing, has achieved to maintain low poverty and unemployment rates despite capitalism”s crisis, informed this Tuesday the vice-president for the Economic Productive Area, Ricardo Menendez.

He explained that since 2008, when the crisis unleashed, and countries such as Greece, the United States, Italy, Great Britain and Spain, among other, entered into an economic recession, Venezuela has maintained a consistent social policy to protect population in social terms. Continue reading