Nicolás Maduro: GK, Current Affairs, Questions, Trivia and News

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 use of violence, intimidation and other kinds of terror attacks to influence the policies of a government with regards to drug trafficking. The term was coined in ..

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 arrest. He is accused of violation of the Constitution when he had declared himself as the interim President. Diosdado Cabello, the head of the Constituent Assembly had ..

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 as fraudulent by many neighbouring countries, including Argentina, Mexico, Chile, Colombia, Brazil, Canada and the United States, as well as organizations such as the European Union, and ..

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 rival candidates have rejected the electoral process and called for new elections. The vote was marked by low turnout. Meanwhile, the United States, European Union and several ..

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 US-led financial sanctions. The digital currency will be backed by Venezuelan reserves of gold, oil, gas and diamonds.

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 has been taken to thwart mafias from hoarding cash in Colombia. Investigations conducted by Venezuelan agencies have found that billions of bolivars, in bills of 100, were ..