Current Affairs

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Nicolás Maduro

Narcoterrorism

USA has charged Venezuelan President Nicolas Maduro and other senior Venezuelan officials with narcoterrorism, corruption, drug trafficking and money laundering. About Narcoterrorism The term narcoterrorism refers to the...

March 27, 2020

Venezuela: Guaido stripped off immunity

The legislators of Venezuela has stripped off Juan Guaido of the immunity thus giving way to the prosecution of the leader of the opposition and also his potential...

April 3, 2019

Venezuela Crisis

The Venezuela crisis is deepening with passing time. European Union, Australia, US, New Zealand have recognised Juan Guaidó, the opposition leader as the president. Juan Guaidó, the opposition...

February 6, 2019

Nicolas Maduro sworn-in as new President of Venezuela

Nicolas Maduro has been sworn-in for a second term as Venezuela’s president on 10th January 2019, despite international criticism that his re-election was illegitimate. The result was denounced...

January 12, 2019

Nicolas Maduro newly elected President of Venezuela

Nicolas Maduro Moro, the leftist leader and Venezuela’s President, has been re-elected to a second six-year term. Maduro hailed his win as a victory against imperialism, but his...

May 22, 2018

Petro: Venezuela becomes first country to launch virtual currency

Venezuela become first sovereign country to officially launch its own cryptocurrency called Petro backed by oil, gas, gold and diamond reserves to circumvent US-led financial sanctions. Venezuelan President...

February 22, 2018

Venezuela launches new virtual currency “Petro”

Venezuelan President Nicolas Maduro launched a crypto-currency “Petro” to advance issues of monetary sovereignty, make financial transactions and overcome the financial blockade. Beside this, Petro will also circumvent...

December 5, 2017

Venezuela orders 100-unit banknotes out of circulation

Venezuela’s President Nicolas Maduro has signed an emergency decree ordering the 100 bolivar bill, the country’s largest banknote, out of circulation in the next 72 hours. This move...

December 12, 2016

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