U.N. Says More Than 4 Million People Have Left Venezuela

Oscar Martínez, one of more than four million Venezuelans who have left their country, rests at a roadside stand near Cucuta, Colombia. Ryan Kellman/NPR

Venezuela has hit a worrying milestone. The United Nations says more than 4 million refugees and migrants have left the country, which is suffering from political chaos, food shortages and hyperinflation. Continue reading “U.N. Says More Than 4 Million People Have Left Venezuela”

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Want to sue Venezuela for millions? These firms can help, for a price

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Reuters | 21 December 2018 isds.bilaterals.org

Want to sue Venezuela for millions? These firms can help, for a price

WILMINGTON, Del (Reuters) – As Venezuela collapses, one little-known U.S. investment fund is poised to win big from litigation against its socialist government: Tenor Capital Management.

Since 2012, the New York firm has invested $76 million in Canadian mining firm Crystallex International Corp, largely to fund a lawsuit being waged against Venezuela for expropriating a gold mine. Continue reading “Want to sue Venezuela for millions? These firms can help, for a price”

Venezuela’s crisis explained from the beginning

Aljazeera

A look at the country’s ongoing protests against the government of President Maduro and the current political situation.

STORY HIGHLIGHTS

Caracas, the capital of Venezuela, saw almost daily demonstrations from April to June, some of which turned violent.

The opposition accuses President Nicolas Maduro of moving towards a dictatorship, and want him to resign. But Maduro says the opposition is conspiring with foreign entities, specifically the United States, to destabilise the country.

Here is how it all started. Continue reading “Venezuela’s crisis explained from the beginning”