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Venezuela has been picked to host next year's softball world championships, which was initially scheduled to take place in Oklahoma City. The event had to be rescheduled because a conflict with the Central American and Caribbean Games would have prevented three teams from competing. The International Softball Federation announced the new site Monday.
Dec. 21 (Bloomberg) -- China National Offshore Oil Corp. will sign an agreement tomorrow with Petroleos de Venezuela SA to explore for oil in the South American country.
Dec. 21 (Bloomberg) -- Brink’s Co. , a U.S.-based provider of armored cars to transport cash, said it intends to repatriate 75 million bolivars held in Venezuela at a lower unofficial rate after delays in getting approval to buy dollars through official channels.
Venezuela launched a new state-run bank Monday, combining three banks that regulators recently shut down alleging violations that put the institutions in financial trouble.
BOGOTA (AP) — Colombia's defense chief joked Monday that Venezuelan troops might have mistaken Santa's sleigh for a spy plane, dismissing accusations by President Hugo Chavez about drones flying over Venezuela.
President Hugo Chavez on Sunday accused the U.S. of violating Venezuela's airspace with an unmanned spy plane, and ordered his military to be on alert and shoot down any such aircraft in the future.
(RTTNews) - Colombia on Monday denied using U.S.-made unmanned drone aircraft to spy on Venezuela, dismissing earlier allegations made by Venezuelan President Hugo Chavez.
Venezuela on Sunday launched the first part of a national police force intended to end widespread police corruption in the South American nation, which has one of the world's highest murder rates.
CARACAS -(Dow Jones)- Venezuela's oil minister on Monday applauded Kuwait's decision to join Saudi Arabia in moving away from West Texas Intermediate as a benchmark for crude pricing and said his country continues to consider a similar move.
CARACAS -(Dow Jones)- Venezuela's Oil Minister Rafael Ramirez said that the Organization of Petroleum Exporting Countries should keep its current production levels during a meeting scheduled for Tuesday in Angola.
Colombia said it is preparing to defend against a possible foreign military attack amid growing tensions with neighboring Venezuela, while Venezuelan President Hugo Chavez said on Sunday Colombia would regret any actions that hurt his country.
