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BUSINESS
May 26, 1992 | From Times Staff and Wire Reports
Venezuela's Non-Oil Exports Shrinking: Venezuela's non-oil exports continued shrinking this year despite efforts to reduce economic dependence on oil, which still accounts for close to 90% of export revenue, the newspaper El Universal reported. Non-oil exports, including iron, aluminum and coffee, fell 11% to $756 million from January through April, down from $852 million during the same period last year, the newspaper said, quoting figures from the Venezuelan Foreign Trade Institute.
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WORLD
May 1, 2013 | By Mery Mogollon
CARACAS -- Political tensions that have boiled steadily in Venezuela since last month's presidential election exploded on the floor of Congress , with lawmakers slugging it out in a brawl that left several injured. Pro- and anti-government legislators blamed each other for the fight that erupted Tuesday night after the head of the Congress, Diosdado Cabello, refused to give opposition members a turn to speak unless they first recognized the election of leftist President Nicolas Maduro.
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BUSINESS
April 6, 1998 | Reuters
Presidents of South America's Andean nations wound up a two-day meeting in Guayaquil, Ecuador, agreeing to work toward free trade in services within their five-nation bloc by 2005. The Andean Community leaders signed an accord aimed at beginning negotiations on such trade in the first half of this year.
WORLD
January 12, 2009 | Chris Kraul
Venezuela took control this weekend of a Chinese-built communications satellite, part of a deepening trade relationship that some say illustrates waning U.S. influence in Latin America. Accompanied by Chinese technicians at a communications facility in western Guarico state, President Hugo Chavez presided at a ceremony in which Venezuela formally assumed operation of the Simon Bolivar, a $400-million satellite that China launched in October.
BUSINESS
March 24, 1998 | CHRIS KRAUL and JAMES F. SMITH, TIMES STAFF WRITERS
The role of Venezuela and Mexico in driving Monday's surge in oil prices demonstrates the shifting power balance on the world petroleum scene as producers outside the Middle East, especially Venezuela, gain greater clout, analyst said.
NEWS
January 1, 1994 | WILLIAM R. LONG, TIMES STAFF WRITER
What once seemed like ivory tower daydreaming is now reality in the making: Huge trade blocs are forming up and down the Americas to let goods and services pass freely across international borders. Not only is there a NAFTA--the North American Free Trade Agreement, stretching from the Yukon to the Yucatan. There is also a SAFTA--a South American free-trade area that extends from Amazonia to Patagonia.
WORLD
May 1, 2013 | By Mery Mogollon
CARACAS -- Political tensions that have boiled steadily in Venezuela since last month's presidential election exploded on the floor of Congress , with lawmakers slugging it out in a brawl that left several injured. Pro- and anti-government legislators blamed each other for the fight that erupted Tuesday night after the head of the Congress, Diosdado Cabello, refused to give opposition members a turn to speak unless they first recognized the election of leftist President Nicolas Maduro.
WORLD
January 12, 2009 | Chris Kraul
Venezuela took control this weekend of a Chinese-built communications satellite, part of a deepening trade relationship that some say illustrates waning U.S. influence in Latin America. Accompanied by Chinese technicians at a communications facility in western Guarico state, President Hugo Chavez presided at a ceremony in which Venezuela formally assumed operation of the Simon Bolivar, a $400-million satellite that China launched in October.
WORLD
May 1, 2013 | By Don Lee
This post has been corrected. See the note below for details. BEIJING -- Adding to the strained relations with the U.S., North Korea said Thursday that an American citizen held since November has been sentenced to 15 years of hard labor for "hostile acts" against the country. Kenneth Bae, a Korean American tour operator from Washington state, was tried Tuesday by the country's highest court,  the official Korean Central News Agency said. The brief dispatch from the capital, Pyongyang, provided no details of any crime.
WORLD
February 15, 2004 | Carol J. Williams, Times Staff Writer
As U.S. officials lob accusations that President Hugo Chavez is conspiring with Cuban leader Fidel Castro to destabilize U.S. allies in Latin America, Venezuelan officials say the allegations are much ado about nothing. Sure, Chavez is shipping nearly 55,000 barrels of oil daily to communist Cuba at discounted prices, running up a trade debt reportedly in excess of $700 million. There are also 12,000 Cuban medical and educational professionals deployed across Venezuela.
BUSINESS
April 6, 1998 | Reuters
Presidents of South America's Andean nations wound up a two-day meeting in Guayaquil, Ecuador, agreeing to work toward free trade in services within their five-nation bloc by 2005. The Andean Community leaders signed an accord aimed at beginning negotiations on such trade in the first half of this year.
BUSINESS
March 24, 1998 | CHRIS KRAUL and JAMES F. SMITH, TIMES STAFF WRITERS
The role of Venezuela and Mexico in driving Monday's surge in oil prices demonstrates the shifting power balance on the world petroleum scene as producers outside the Middle East, especially Venezuela, gain greater clout, analyst said.
NEWS
January 1, 1994 | WILLIAM R. LONG, TIMES STAFF WRITER
What once seemed like ivory tower daydreaming is now reality in the making: Huge trade blocs are forming up and down the Americas to let goods and services pass freely across international borders. Not only is there a NAFTA--the North American Free Trade Agreement, stretching from the Yukon to the Yucatan. There is also a SAFTA--a South American free-trade area that extends from Amazonia to Patagonia.
BUSINESS
May 26, 1992 | From Times Staff and Wire Reports
Venezuela's Non-Oil Exports Shrinking: Venezuela's non-oil exports continued shrinking this year despite efforts to reduce economic dependence on oil, which still accounts for close to 90% of export revenue, the newspaper El Universal reported. Non-oil exports, including iron, aluminum and coffee, fell 11% to $756 million from January through April, down from $852 million during the same period last year, the newspaper said, quoting figures from the Venezuelan Foreign Trade Institute.
WORLD
August 23, 2010 | By Borzou Daragahi and Ramin Mostaghim, Los Angeles Times
Tightened international sanctions meant to punish Iran for its nuclear program may be strengthening the country's hard-line elite, as blacklisted firms linked to the powerful Revolutionary Guard manage to circumvent and even profit from the embargo. Businesspeople, officials and analysts inside and outside the Islamic Republic describe the sanctions as taking a toll on the economy and ordinary citizens, increasing the cost of everything from the production of medicine to the manufacture of baguettes.
WORLD
February 21, 2003 | T. Christian Miller and Stephen Ixer, Special to The Times
This fragile country was bracing for more upheaval and renewed protests Thursday after one of the opposition's most prominent figures was arrested for his role in leading a strike to help bring down President Hugo Chavez. Armed secret police stormed into a restaurant in an upscale section of Caracas, the capital, near midnight Wednesday and seized Carlos Fernandez, the president of Fedecamaras, Venezuela's largest business group.
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