Brazil open to host new US military base; hints President Jair Bolsonaro

Brazil open to host new US military base; hints President Jair Bolsonaro

Rio De Janeiro: Expressing concern over the participation of two Russian bombers in the military drill held in Venezuela, new Brazilian President Jair Bolsonaro indicated the possibility of hosting a new US military base in Brazil. Speaking about the consideration of a new base during an interview given to Brazilian media, President Jair Bolsonaro claimed […]

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Russian companies will be excavating Gold in Venezuela; informs Russian Ambassador

Russian companies will be excavating Gold in Venezuela; informs Russian Ambassador

Caracas/Moscow: The Venezuelan government trapped in an economic crisis has accepted a proposal from the Russian companies to explore and excavate Gold in the country. Only a few hours ago, the reports of the takeover of Venezuelan oil companies by Russian companies had surfaced. Meanwhile, it is claimed that Venezuela has Gold reserves of nearly […]

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Venezuelan inflation index at 1.3 million%, opposition criticises the Maduro government

Venezuelan inflation index at 1.3 million%, opposition criticises the Maduro government

Caracas: A banana would cost $21 in Venezuela a few months ago. But by the year-end, the ordinary Venezuelan will not even be able to buy a banana for the same price. The Venezuelan inflation index has sky-rocketed by 1.3 million%, and the value of the local currency Bolivar has nosedived as compared to the […]

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Argentina demands financial aid of $50 billion from the IMF

Argentina demands financial aid of $50 billion from the IMF

Buenos Aires: While the economies of the Latin American countries like Venezuela and Brazil are receiving shocks, dark clouds seem to be hovering over the Argentinian economy too. The Argentinian currency, Peso declined by about 7% on Wednesday and the warnings of this decline in the growth rate by 1% are being issued. Against this […]

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Columbia to exit from ‘UNASUR’, the group of Latin American countries against the background of the Venezuelan crisis

Columbia to exit from ‘UNASUR’, the group of Latin American countries against the background of the Venezuelan crisis

Bogota: ‘Union of South American Nations’ (UNASUR), a group formed for the unity of the South American nations and to oppose the capitalist policies of the United States, seems to be on its last breath. One of the South American countries, Columbia, has decided to exit from the group on a permanent basis. It is […]

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The Venezuelan immigrant influx is similar to the immigrants intruding into Europe, warns United Nations

The Venezuelan immigrant influx is similar to the immigrants intruding into Europe, warns United Nations

Caracas: The United Nations has expressed fear that the condition in Venezuela, where a large number of citizens are fleeing the country because of the political and economic crisis, is similar to the immigrant crisis of Europe back in 2015. More than a million immigrants had entered Europe after the German Chancellor Angela Merkel opened […]

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US imposes new sanctions against Venezuela, after President Maduro’s success in the elections

US imposes new sanctions against Venezuela, after President Maduro’s success in the elections

Caracas/Washington: The United States alleged that the elections and subsequent success of President Maduro in Venezuela on Sunday, was a ‘sham’ and imposed new sanctions on Venezuela. China refrained from congratulating Maduro under the pretext that it did not wish to interfere in the internal matters of Venezuela. 14 nations from Central and South America […]

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US Secretary of State warns of consequences if Russia interferes with US elections

US Secretary of State warns of consequences if Russia interferes with US elections

Bogota: ‘There will be consequences if Russia interferes in the US elections.’, warned the US Secretary of State, Rex Tillerson. The clear warning by Secretary of State Tillerson to Russia, during his Latin America tour, has been upheld by the media. ‘CIA’ Director Mike Pompeo had said that Russia is preparing to interfere with the […]

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German Chancellor Angela Merkel stands up to Trump during Latin American visit

German Chancellor Angela Merkel stands up to Trump during Latin American visit

Mexico City/Buenos Aires: During her Latin American visit, the German chancellor Angela Merkel stated that the time when the European nations were dependent on the US is long gone. Even though the German experts have claimed that this visit is based on the background of the G-20 conference, it is deemed to be against US President […]

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Over 1 lakh citizens of Venezuela crossover to Colombia for food and medication

Over 1 lakh citizens of Venezuela crossover to Colombia for food and medication

Caracas : Venezuela, a Latin American country whose economy is known to be mainly dependent on oil is now facing acute shortage of food and essential commodities, creating chaos in the country. In the last two days, 125 thousand of Venezuelans are desperate to leave their country and enter neighboring Colombia for their basic needs like […]

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