Moors

Venezuelan President Nicolas Maduro announced a 40 percent increase to the minimum wage as of January, a move that will foment what many economists already consider hyperinflation in the oil-rich but crisis-stricken nation.

The U.S. accused Venezuela’s President Nicolas Maduro on Dec. 11 of a dictatorial bid to wipe his opponents off the political map following his latest poll victory, after he announced the main opposition is barred from next year’s presidential election.

Venezuela's President Nicolas Maduro announced on Dec. 10 that leading opposition parties will be barred from taking part in next year's presidential vote after they boycotted mayoral polls, in a move set to further consolidate his grip on power.

Venezuela is creating a digital currency to combat a financial blockade by the United States, President Nicolas Maduro announced on Dec. 3.

Venezuela’s President Nicolas Maduro on Nov. 26 named a general to head debt-ridden PDVSA and ordered a “total restructuring” at the state oil giant, in a move that emphasized military support for his regime.

CARACAS, Venezuela - The National Electoral Council (CNE) said that President Nicolás Maduro's ruling United Socialist Party of Venezuela (PSUV) won 17 of 23 state governorships in Sunday's election as parts of the divided opposition presented candidates while others abstained from the vote in protest and urged their followers to do the same.

Venezuelan President Nicolas Maduro has said that he was prepared to meet the opposition for talks brokered by the Dominican Republic and former Spanish prime minister Jose Luis Rodriquez Zapatero.

Venezuela's future constitution, to be written by a new assembly packed with allies of President Nicolas Maduro, will be put to a referendum, the pro-government lawmakers said Thursday, according to The Manila Times. 

Venezuelan President Nicolas Maduro called Aug. 22 for Pope Francis's support against a "military threat" from the United States, as international pressure mounts over the deadly political crisis Caracas is facing.

Venezuela, hit by economic devastation and political turmoil, is one of the most troubled countries today. Its situation has lately become so dire that 90% of its citizens are reported to have trouble affording food. Meanwhile, Venezuelan officials have “embezzled billions.” Venezuela currently ranks as the most corrupt country in Latin America.