Category: Latin America
Lima Group Calls for Non-Recognition of Venezuela’s Upcoming Parliamentary Elections
The Lima Group, which encompasses over a dozen North and Latin American countries, has urged the international community to not recognise the December 6 parliamentary elections in Venezuela, according to a statement by the foreign ministers of member states, published by the Colombian Foreign Ministry on Wednesday. …
UK Solidarity Group Welcomes Appeal Court Ruling on Venezuelan Gold
Venezuelan National Constituent Assembly member María Alejandra Díaz called the court victory a step forward, but feared the British government Bank of England would use stalling tactics to avoid transferring the 31 tons of bullion to the UN Development Programme to buy humanitarian aid for South American country. …
US Extends Venezuela Sanctions Again to Block Creditors From Seizing CITGO, Treasury Says
The United States has again delayed a measure preventing bondholders of seizing majority ownership of the US-based petroleum refiner and marketer CITGO, which was pledged as collateral in an earlier bond sale by Venezuela’s state owned oil company PDVSA, the US Treasury Department announced in a notice on Wednesday. …