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Venezuela blacks out again
For the third consecutive day starting from Friday, power went out across Venezuela. Though some power returned by noon, most of the country was still in dark. Many began to protest against the President Maduro, hi they consider is responsible ..
Trends in International Arms Transfers 2018 Report: Key Facts
The Stockholm International Peace Research Institute (SIPRI) has released the Trends in International Arms Transfers 2018 Report. The Key observations made in the report include: Russia’s arms export to India decreased by a whopping 42 per cent between 2014-18 and ..
Month: Current Affairs - March, 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 leader, has said that President Nicolás Maduro is illegitimate and has asserted ..
Month: Current Affairs - February, 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 as fraudulent by many neighbouring countries, including Argentina, Mexico, Chile, Colombia, Brazil, ..
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. ..
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 Nicolas Maduro has claimed that the pre-mined cryptocurrency Petrohas raised US $735 ..