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Venezuela’s Cryptocurrency, the Petro, to Be Backed by Oil Reserves – Maduro

Having financial problems, create you a new currency, the "Petro". Venezuelan President Nicolas Maduro promised on Tuesday to certify the new Petro cryptocurrency in...

New York Prosecutors Implicate Venezuela’s Maduro as Accomplice in Drug-Trafficking

The District Attorney for the Southern District of New York has released a document that reveals that Nicolás Maduro approved the drug trafficking actions...

Venezuela’s Health Crisis: 40 Percent of New Medical Graduates Have Already Left

The crisis in Venezuela is worsening and with it, has come a massive migration of talented professionals who decide to leave their homeland in...

Venezuela’s elections are just a new way for Maduro to cling to power

Nicolás Maduro, president of crisis-stricken Venezuela, will run for reelection in Venezuela in 2018, Vice President Tarick Al Aisammi announced in a Nov. 29...

Venezuela Running Out of Fuel for Air Travel, Leaked Memo Reveals

A newly released memo from Venezuela’s state-owned oil company, PDVSA, reveals the country lacks enough fuel to meet the demands of all aircrafts currently...

Rights Group Accuses Venezuela of ‘Systematic’ Torture of Political Opponents

Human Rights Watch has released a 62-page report, “Crackdown on Dissent: Brutality, Torture, and Political Persecution in Venezuela,” that accuses Caracas of severe human...

Maduro Hands Over Venezuela’s Oil Industry to the Military

The Venezuelan military has taken control of PDVSA, the state-run oil company largely responsible for holding up the last of the country’s economy. This...