Venezuelan bonds rallied as the government said it will ease exchange controls and get as much as $7 billion in financing from China and Russia as it attempts to damp three-week-old protests that are expected to continue.
Detained Venezuelan opposition leader Leopoldo Lopez faces arraignment at a military prison outside Caracas amid calls from supporters for more protests after a fifth person died following violence yesterday.
Venezuela is bringing criminal charges against opposition leader Leopoldo Lopez for organizing protests that have left at least five dead as violence escalated across the country amid anti-government marches.
Venezuelan Oil Minister Rafael Ramirez said state oil company Petroleos de Venezuela SA will invest more than $4 billion in a plan to convert heavy crudes into lighter ones at its Puerto La Cruz refinery, Agencia Venezolana de Noticias reported.
Reggaeton star El Potro enters the stage. Tonight, the singer who married two Miss Venezuelas won’t perform his number-one hit “Bla Bla Bla.” He stands beside President Nicolas Maduro and asks for votes to further the late Hugo Chavez’s revolution as the local mayor.