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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, Libya Lose UNGA Vote for third time in 3 Years

Venezuela and Libya were suspended from voting in United Nations General Assembly (UNGA) in 2018-19 session for not paying dues to 193-member world body. It was for third...

February 15, 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

Petro: Venezuela launches new virtual currency

Venezuela has launched its own cryptocurrency called Petro to circumvent US-led financial sanctions. It will be backed by the country’s vast natural resource reserves. In this regard, Venezuelan...

December 4, 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

Mercosur revokes membership of Venezuela

The South American economic bloc Mercosur has suspended Venezuela from it for violating the bloc’s democratic principles and failing to meet its basic standards. The membership was revoked...

December 3, 2016

Centre-right MUD coalition wins 2015 Parliamentary election of Venezuela

Opposition Centre-right Democratic Unity Roundtable (MUD) coalition has won the 2015 Parliamentary elections of Venezuela. The MUD coalition won at least 99 seats in the 167-seat legislature of...

December 8, 2015

India-Venezuela: Signed Cultural Exchange Programme

India and Venezuela signed a programme on cultural exchanges in the fields of publication, film and media, image and space arts, stage and music arts. The programme will...

December 24, 2013

Miss Venezuela, Alyz Henrich crowned Miss Earth 2013

Miss Venezuela, Alyz Henrich was crowned Miss Earth 2013 title at a pageant organized at Versailles Palace, Philippines. It is the second beauty pageant title for Venezuela this...

December 10, 2013

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