Venezuela

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Venezuela: Scandal-linked bank execs have fled

AP - Wed Dec 9, 11:32 am ET

Venezuela says financial executives implicated in a scandal involving troubled banks have fled to the United States, Spain, Curacao and Puerto Rico.

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Venezuela to consider increased bank control
AFP via Yahoo! News - Mon Dec 7, 10:03 pm ET
Venezuela's government is to propose legal reforms aimed at increasing control over the country's financial system, after a crisis that prompted state intervention in seven banks, the country's planning minister said.
Chavez: Venezuela acquires thousands of missiles
AP via Yahoo! News - Mon Dec 7, 8:13 pm ET
President Hugo Chavez said Monday that Venezuela has received thousands of Russian-made missiles and rocket launchers as part of his government's military preparations for a possible armed conflict with neighboring Colombia.
PdVSA Officials Says Venezuela Oil Drilling Activity Robust
Nasdaq - Tue Dec 8, 3:02 pm ET
CARACAS -(Dow Jones)- A top official at state energy firm Petroleos de Venezuela, or PdVSA, said Tuesday that more oil drilling is taking place in Venezuela than the country is being given credit for.
U.S. Makes ‘Urgent’ Safety Recommendations to Citgo (Update3)
Bloomberg - 1 hour 9 minutes ago
Dec. 9 (Bloomberg) -- The U.S. Chemical Safety Board urged Citgo Petroleum Corp. to quickly improve an emergency water spray system at its Corpus Christi, Texas, refinery in the event of another “potentially deadly” chemical release at the plant.
Colombian Peso Falls to a One-Month Low; Chilean Peso Gains
Bloomberg - 2 hours 24 minutes ago
Dec. 9 (Bloomberg) -- Colombia’s peso slid to the weakest level in a month as a cut in Spain’s credit outlook by Standard & Poor’s sapped demand for higher-yielding, emerging-market assets.
Morales boasts of Castro, Chavez support
AFP via Yahoo! News - Tue Dec 8, 3:19 pm ET
Bolivia's newly reelected President Evo Morales boasted Tuesday that he had received congratulations from fellow anti-US figures Fidel Castro of Cuba and President Hugo Chavez of Venezuela.
Mercosur Nations, Venezuela Condemn Honduran Election (Update1)
Bloomberg - Tue Dec 8, 2:49 pm ET
The bloc issued a statement noting “its strongest condemnation of the coup in Honduras” and saying it considers “the grave violations of human rights and fundamental freedoms against the Honduran people unacceptable.”
OUR OPINION: Still no invasion
The San Angelo Standard-Times - 1 hour 5 minutes ago
SAN ANGELO, Texas —Sooner or later, Venezuelans will get around to wondering why the U.S. and Colombia never get around to attacking their country. Strongman Hugo Chavez repeatedly insists that such an attack is imminent.“They are preparing a war against us,” he said in a nationally televised address this week, and he says he’s preparing to “neutralize” that threat.Chavez is so self-centered ...
PBA-Lumber Liquidators Standings
AP via Yahoo! Sports - Tue Dec 8, 10:12 pm ET
At USBC Northrock Lanes Wichita, Kan. First Round Qualifying (After 8 games) 1, Cassidy Schaub, Ashland, Ohio, 2,070 2, Jason Couch, Clermont, Fla., 2,043 3, Parker Bohn III, Jackson, N.J., 2,019 4, Billy Oatman, Chicago, 2,012 5, Ryan Ciminelli, Cheektowaga, N.Y., 1,991 6, Cory Simmons, Wichita, Kan., 1,978 7, Norm Duke, Clermont, Fla., 1,963 8, Lonnie Waliczek, Wichita, Kan., 1,962 9, Mike ...
Rutgers' Gregory Echenique to sit out a month after eye surgery
SportingNews - Wed Dec 9, 1:40 pm ET
Mike DeCourcy, Sporting News Rebuilding Rutgers will be without its strongest inside force for probably a month as sophomore Gregory Echenique recovers from eye surgery. Once a huge recruiting victory for the Scarlet Knights (5-2), who signed him against competition from national power Duke and others, Echenique has started every game this season and averaged 12.6 points and 7.7 rebounds. He has ...