February 28, 1987 |
Venezuela and its major foreign creditors have agreed to refinance $21.2 billion in public-sector debt that had been refinanced in 1986, the official news agency Venpres reported yesterday. Venezuelan Finance Minister Manuel Azpurua and Central Bank president Hernan Anzola traveled to New York yesterday morning for the signing of the agreement, the news agency said, quoting Finance Ministry sources. Venezuela's total foreign debt of $32 billion is the fourth-largest in the Third World.
August 5, 2016
By Michael A. MacDowell It's debatable whether it was Einstein, Ben Franklin, Mark Twain, or none of them who said that the definition of insanity is doing the same thing over and over again and expecting a different outcome. What isn't debatable is the validity of the statement. Individuals, institutions, and countries should learn from past mistakes, but they don't. Take Venezuela. When Hugo Chávez, the self-styled democratic socialist, was elected president of Venezuela in 1999, the country was wealthy, possessing immense proven oil reserves.
November 20, 2012
DARIN RUF'S magical mystery tour is still going strong. The slugger is currently spreading his home run gospel in Venezuela, where he leads the winter league with 10 home runs in 120 at-bats and is fifth with a .942 OPS (.258/.368/.570). In fact, the locals are starting to talk about the potential of Ruf breaking the single-season record of 20 home runs set by Baudilio Diaz in 1979-80. Problem is, Ruf isn't sticking around for the whole winter-ball season. He's scheduled to return to the United States this week, at which point he will enjoy Thanksgiving with his family and grab some rest after a long season.
January 28, 2013 |
CARACAS, Venezuela - Authorities on Sunday finished evacuating inmates from a prison where 61 were reported killed in one of the deadliest prison clashes in the nation's history. Penitentiary Service Minister Iris Varela said in a message on Twitter that the evacuation of Uribana prison in the city of Barquisimeto was completed on Sunday morning. Inmates were loaded aboard buses and driven to other prisons. Varela posted photos of inmates filing out led by authorities, and said that what will come next for the prison is "now the reconstruction!"
June 22, 1991 |
Five Albright College basketball players with South Jersey roots recently returned from a five-game exhibition tour in Venezuela. Even though Albright did not win any of its five games, the Lions gained invaluable experience. "The competition was like playing Division I schools," Albright sports information director Elliot Tannenbaum said. "We didn't expect to go there looking for a lot of wins, but we knew that that the players would benefit from the competition. " One of the most pleasant surprises on the trip was Jim Hoopes, a 6-foot-7 freshman center from Holy Spirit High.
June 10, 2016 |
Copa America Centenario Group Stage, Thursday, 7:30 p.m. at Lincoln Financial Field. TV: FS1 Streaming: Fox: FoxSports.com/Go Univision: Univision.com/Deportes How they will play it Venezuela: Venezuela beat Jamaica, 1-0, to open Group C play earlier this week in Chicago. The goal came courtesy of an interception by defender Rolf Feltscher and a strike by forward Josef Martinez. . . . Standout forward Salomon Rondon has scored 10 goals so far this season and has proven himself poised under pressure.
July 4, 2016 |
The Phillies started the international free-agent period on Saturday by signing four of the top 50 available players, according to reports. All six of their signings came from Venezuela, more than any other team in baseball. The Phillies signed the South American country's best pitcher and two of its top infielders, according to Baseball America. All six of the free agents are 16 years old. Because of their dismal record last season, the Phils had the largest allotment to spend in the international market.
August 18, 1990 |
Venezuela, which just two weeks ago promised to increase oil exports to help offset the loss in Iraqi and Kuwaiti oil, is having second thoughts. In a major reversal, President Carlos Andres Perez announced earlier this week that Venezuela would not take action independent of the quota-setting cartel, and issued a joint plea yesterday with Saudi Arabia for an emergency meeting of member nations. The announcement came just 10 days after Perez privately assured Vice President Quayle that Venezuela would increase its oil output by as much as 500,000 barrels a day to help ward off price increases following Iraq's invasion of Kuwait.
August 28, 2000 |
The team from Maracaibo, Venezuela, is going home with a big haul: the Little League World Series title and a shipment of new bats. Maracaibo, which arrived in central Pennsylvania with only one bat, got new ones through donations, and used those acquisitions to full effect. "He hasn't used that bat anymore," said Luis Sanchez, interpreting for Maracaibo manager Eduvino Quevedo. "He soon found out that the other bats were more explosive. " It wasn't Maracaibo's bats that clinched them the title with Saturday's 3-2 win over Bellaire, Texas, but two wild pitches and an error that led to three runs.
July 11, 2013 |
MOSCOW - The WikiLeaks secret-spilling site on Tuesday said NSA leaker Edward Snowden has not yet formally accepted asylum in Venezuela, trying to put to rest growing confusion over whether he had taken up the country's offer. Venezuelan President Nicolas Maduro has offered asylum to Snowden and says his country received a request from the former NSA systems analyst. But Snowden, who is believed to be in a Moscow airport's transit zone, has applied for asylum in other countries as well, and it is not clear how easy it would be for him to travel to the Latin American country.