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WORLD
February 17, 2014 | By Mery Mogollon and Chris Kraul, This post has been updated. See the note below for details.
CARACAS, Venezuela - An opposition leader being hunted by authorities on homicide charges announced plans to lead a protest march Tuesday and then turn himself in to police. Leopoldo Lopez, a former Caracas borough mayor, denies the criminal accusation made by President Nicolas Maduro, who is facing increasing criticism over his handling of the economy. The government is blaming Lopez and other opposition leaders for inciting violence among antigovernment marchers that left three dead and scores injured last week.
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WORLD
March 6, 2014 | By Mery Mogollon and Chris Kraul
CARACAS, Venezuela - In signs of a crackdown on protests that have paralyzed parts of Venezuela for three weeks, President Nicolas Maduro's government said Thursday that two mayors faced charges of neglecting their duties, and it issued an arrest warrant for a university rector. The government actions came as two more people were killed in violence related to protests against the Maduro administration over crime, food shortages, a weak economy and human rights. The dead were identified as a member of the National Guard and a member of the pro-government militant groups known as colectivos . They two died during a clash in the Los Ruices barrio when government supporters tried to remove a barricade erected by protesters.
BUSINESS
April 6, 2006 | From Reuters
Chevron Corp. will pay $75 million in back taxes, interest and fines to Venezuela, the South American country's tax chief said Wednesday. Leftist President Hugo Chavez's government has issued assessments for millions of dollars in back taxes in an effort to increase revenue from oil operations. Venezuela is the world's fifth-largest exporter of crude. Jose Vielma, superintendent of the tax agency known as SENIAT, said Chevron was scheduled to make the $74.9-million payment Wednesday.
BUSINESS
August 1, 2008 | Chris Kraul, Times Staff Writer
Advancing his policy of taking over major foreign companies, Venezuelan President Hugo Chavez said Thursday that he would nationalize Spanish-owned Banco Venezuela, the country's third-largest financial institution. Chavez said during an afternoon telecast that he was seizing the bank because its owner, Banco Santander, was planning to sell it anyway. The Spanish concern, which acquired the bank in 1996, had not issued a formal comment by Thursday evening.
BUSINESS
June 26, 2007 | From Reuters
Exxon Mobil and ConocoPhillips rejected a deal Monday to stay in multibillion-dollar projects that Venezuela is nationalizing, increasing the chances that two of the world's top oil companies will leave the OPEC nation, two sources close to the talks said. Four other companies -- Chevron Corp., Norway's Statoil, Britain's BP and France's Total -- plan to sign an accord that will keep them in the massive Orinoco oil reserve projects, a government official said.
WORLD
May 28, 2002 | From Associated Press
Venezuela will cooperate with Colombia's decision to grant asylum to a businessman who became president for a day during a failed coup, President Hugo Chavez said Monday. Chavez said he will grant safe passage to Pedro Carmona, adding that he expects the 60-year-old businessman to leave for Colombia "in the next hours." "I'm going to grant safe passage so he can leave Venezuela. We are obligated to do it," Chavez said during a speech to indigenous leaders.
WORLD
September 16, 2007 | From Times Wire Reports
Venezuelan officials said they had topped Mexico by setting a world record for the largest pot of soup -- a giant caldron prepared by the government. The huge stainless steel cooking pot, set up outdoors in downtown Caracas, contained about 3,960 gallons of sancocho stew, Food Minister Rafael Oropeza said. He said it included 6,600 pounds of chicken, 4,400 pounds of beef and tons of vegetables, and would be enough to feed 60,000 to 70,000 people.
WORLD
January 30, 2003 | From Associated Press
Under intense pressure from President Hugo Chavez, Venezuela's banks agreed Wednesday to abandon a 59-day-old opposition strike, delivering a new blow to the faltering drive to oust the controversial leader. The National Banking Council said its members will return to normal operating hours Monday. For two months, banks have been open just three hours a day. "I think it's great," said Juan Pardo, 50, as he stood in line to cash a check. Chavez pressured the banks to reopen.
WORLD
January 20, 2009 | Chris Kraul
A succession of violent incidents in Venezuela, including the armed takeover of the Caracas city hall, point to an ugly campaign ahead of a Feb. 15 vote that could lift term limits on President Hugo Chavez. A group of 40 armed men who said they were Chavez supporters were still in control of city hall Monday evening, two days after they forced their way in, handcuffed two security officers and declared the building "recovered for the revolution," a mayoral spokesman said.
WORLD
March 9, 2003 | From Associated Press
Secret police swooped in on an anti-government demonstration Saturday in Caracas in a failed attempt to arrest a strike leader who had emerged from hiding to address the rally. The police fired shots into the air and launched tear gas canisters to disperse protesters, who smashed police vehicle windows, local television reported. There were no immediate reports of injuries or arrests.
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