Maria Corina Machado told she will face criminal charges for her alleged involvement in a supposed plot to kill Nicolas Maduro.
A leading figure in the Venezuelan opposition has been told she will face criminal charges for alleged involvement in a purported plot to kill President Nicolas Maduro, a move she called an attempt to silence her and other critics of Venezuela’s government.
Maria Corina Machado, a former member of the National Assembly, left a private meeting with prosecutors at the Ministry of Justice after authorities informed her that she would be charged with conspiracy. The charge carries a maximum of 16 years in prison.
Her case will now be assigned to a judge so Machado can be formally charged.
“All the accusations and the supposed evidence are false,” she told reporters outside the ministry.
Machado has repeatedly said she has no knowledge of any plot against Maduro and portrays the allegations as political persecution.
“I have not committed any crime,” she said before the meeting with prosecutors. “This is the price I have to pay for speaking the truth in Venezuela.”
The attorney general’s office opened its investigation in March after officials claimed a plot was being formed against Maduro and others in the government involving Machado and several other opposition figures. Authorities have not provided any evidence publicly beyond some allegedly incriminating emails. The government has prohibited Machado from leaving the country since June.
Tomas Arias, one of her lead attorneys, said the defense had asked for more specific proof of any link between Machado and what he called the “supposed plot” against the president. Authorities have provided nothing in response, he said.
Prosecutors have issued arrest orders for several other opposition figures for their alleged roles in the supposed plot, several of whom have left Venezuela.
Since narrowly winning election last year to succeed his mentor, the late President Hugo Chavez, Maduro has claimed there have been five assassination attempts against him and more than a dozen acts of sabotage and conspiracy.
The investigation of Machado comes as oil-dependent Venezuela comes under increasing financial strain because of plunging world oil prices, forcing the government to cut spending amid widespread shortages and the world’s highest inflation.
Source: Associated Press in Caracas
theguardian.com, Wednesday 3 December 2014 22.50 GMT
Monday, December 8, 2014
Saturday, March 22, 2014
Venezuela's food shortage by the end of February at 47.7%
State-owned food corporation and oil company Mercal and Pdvsa face shortage at 50%, research firm Datanálisis informed
EL UNIVERSAL
Monday March 17, 2014 10:47 AM
General food shortage in Venezuela has consistently exacerbated for 16 months. Shortage in regulated goods averaged 37.2% in 2013, up 21.3 percentage points with respect to 2012 figures.
In January-February 2014, shortage in regulated products hit 47.7%, rising 31.8 points as against 2012, and 10.5 points compared to 2013, according to Mystery Shopping, a research conducted by Datanálisis in seven distribution routes.
In 2011-2012, none of the categories went through more than 50% of shortage, whereas this year 33% of the goods face more than 70% of shortage.
In January-February 2014, shortage in regulated products hit 47.7%, rising 31.8 points as against 2012, and 10.5 points compared to 2013, according to Mystery Shopping, a research conducted by Datanálisis in seven distribution routes.
In 2011-2012, none of the categories went through more than 50% of shortage, whereas this year 33% of the goods face more than 70% of shortage.
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Prices up in gov't food network to prevent smuggling
Venezuelan Minister of Food Félix Osorio thinks that keeping prices without any variation is "vulgar"
ANGIE CONTRERAS C. | EL UNIVERSAL
Thursday March 20, 2014 09:52 AM
Prices of the foodstuffs sold through Mercal, a network of food vendors under the aegis of the Venezuelan government, have risen "step by step" in the last year, with no formal announcement from the Executive Office.
As alleged by Food Minister Félix Osorio, rising prices has been a measure to curb outgoing smuggling of subsidized commodities.
The last "formal" hike of prices in the foodstuffs traded through Mercal network occurred in 2009.
In the minister opinion, keeping prices without any variation is "vulgar."
Osorio downplayed the claims of production problems in Venezuela and attributed imports to a larger demand.
As alleged by Food Minister Félix Osorio, rising prices has been a measure to curb outgoing smuggling of subsidized commodities.
The last "formal" hike of prices in the foodstuffs traded through Mercal network occurred in 2009.
In the minister opinion, keeping prices without any variation is "vulgar."
Osorio downplayed the claims of production problems in Venezuela and attributed imports to a larger demand.
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Venezuela's Sicad 2 insufficient to meet public sector demand
JP Morgan does not rule out an adjustment in the forex rate of the National Center for Foreign Trade from VEB 6.30 to VEB 8.40 per US dollar
MAYELA ARMAS H. | EL UNIVERSAL
Thursday March 20, 2014 10:02 AM
The Venezuelan Government started the New Year with a deficit in its fiscal accounts, which has led to a revision to the foreign exchange policy, including the incorporation of the Second Ancillary Foreign Currency System (Sicad 2), whose forex rate is set to fluctuate. Nonetheless, the effects of the new architecture would not satisfy demand if authorities fail to cut down on public spending.
Although authorities have not explained how much foreign currency supply would rise with the new supplementary mechanism, income would not be enough to meet the needs of public institutions.
The director of research economic firm Ecoanalítica, Asdrúbal Oliveros, has outlined that "although income deriving from Sicad 2 operations could be useful, a policy aimed at reducing public expenditure and a reform of the country monetary policy are needed."
In his view, Oliveros asserts that the impact of devaluation on the supplementary forex system is subject to other actions. Unless measures are adopted, the system would fail.
Meanwhile, JP Morgan deems Sicad 2 could gradually flow. The firm estimates oil giant Pdvsa would allocate USD 5-10 billion out of its oil revenues. Moreover, JP Morgan projects bonds stock held by public institutions would account for USD 5.8 billion.
In a report the firm also expresses the need for further policies. In this context, it does not rule out an adjustment in the forex rate of the National Center for Foreign Trade, from VEB 6.30 to VEB 8.40 per US dollar.
Although authorities have not explained how much foreign currency supply would rise with the new supplementary mechanism, income would not be enough to meet the needs of public institutions.
The director of research economic firm Ecoanalítica, Asdrúbal Oliveros, has outlined that "although income deriving from Sicad 2 operations could be useful, a policy aimed at reducing public expenditure and a reform of the country monetary policy are needed."
In his view, Oliveros asserts that the impact of devaluation on the supplementary forex system is subject to other actions. Unless measures are adopted, the system would fail.
Meanwhile, JP Morgan deems Sicad 2 could gradually flow. The firm estimates oil giant Pdvsa would allocate USD 5-10 billion out of its oil revenues. Moreover, JP Morgan projects bonds stock held by public institutions would account for USD 5.8 billion.
In a report the firm also expresses the need for further policies. In this context, it does not rule out an adjustment in the forex rate of the National Center for Foreign Trade, from VEB 6.30 to VEB 8.40 per US dollar.
Venezuelan association rules out suspension of flights by other airlines
Deputy reaffirms Venezuelan Government's will to advance in foreign currency matters
EL UNIVERSAL
Thursday March 20, 2014 11:36 AM
In an interview with radio station Unión Radio, the executive president of the Venezuelan Association of Airlines (ALAV), Humberto Figuera, ruled out that the suspension of Air Canada flights from and to Venezuela could lead to further suspensions by other airlines operating in the country.
Meanwhile, referring to the debt to international airlines, Congressman Claudio Farías (ruling PSUV) said during a session of the Venezuelan National Assembly that the Executive Office is willing to advance in foreign currency matters.
Meanwhile, referring to the debt to international airlines, Congressman Claudio Farías (ruling PSUV) said during a session of the Venezuelan National Assembly that the Executive Office is willing to advance in foreign currency matters.
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Thirty-one slain in connection with Venezuelan demonstrations
The attorney general explained that 318 out of 461 people injured were civilians, whereas the remaining 143 casualties included police agents, military officers and Government officials
EL UNIVERSAL
Thursday March 20, 2014 12:03 PM
Venezuela's Attorney General Luisa Ortega Díaz has informed that since February 12, 31 people have been killed, 461 injured and 1,854 detained in events related to demonstrations in Venezuela.
In an official radio broadcast, Ortega outlined that 25 out of the 31 people killed were civilians whereas the other six included police agents, military officers and public prosecutors.
The attorney general added that 318 out of the 461 people injured were civilians. The remaining 143 casualties included police agents, military officers and Government officials, AVN reported.
In an official radio broadcast, Ortega outlined that 25 out of the 31 people killed were civilians whereas the other six included police agents, military officers and public prosecutors.
The attorney general added that 318 out of the 461 people injured were civilians. The remaining 143 casualties included police agents, military officers and Government officials, AVN reported.
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