02:25 PM
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FOREIGN CURRENCY

Venezuelan President bets on "energized" Sicad

Maduro vowed to settle the issue of shortage (File photo)
Venezuelan President Nicolás Maduro anticipated that the Ancillary Foreign Currency Administration System (Sicad) would be reactivated next week.
02:01 PM
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ELECTION 2013

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Simón Bolívar Command

Venezuelan opposition representative: No morals at CNE

Liliana Hernández thinks that the CNE action is “a daub” (TV screen (...)
"There are no morals" in the conduct of the Venezuelan National Electoral Council (CNE), said Liliana Hernández, a representative of Simón Bolívar Command, the campaign team of opposition leader Henrique Capriles Radonski, in reply to the remarks made on Thursday by CNE Vice-President Sandra Oblitas.
10:47 AM
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OIL & GAS

Pdvsa ready to borrow USD 6 billion

The CNPC loan has been discussed for more than one year (File photo)
State-run oil holding Petróleos de Venezuela (Pdvsa) is getting ready to close on financial leasing with oil companies China National Petroleum Corporation (CNPC) and US Chevron, for a total disbursement of USD 6 billion. The loans are sought to fund the expansion of the production capacity of joint ventures Petroboscán and Petrosinovensa. CNPC and (...)
10:14 AM
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ECONOMY

Venezuelan government targets "medium-term" payment schemes

The Finance Minister promised businesspersons to establish working (...)
The Venezuelan government ponders some alternatives to settle its debt in foreign currency with companies and reactivate the domestic economy.