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  • Five Venezuelan cops die in chopper crash

    Five members of Venezuela's PNB national police force died Thursday when the helicopter they were using to pursue a group of kidnappers in a rural part of Caracas crashed, PNB director Luis Karabi said. The helicopter crashed in an uninhabited area near the Antimano neighbourhood in the northeastern part of the capital in conditions of very low visibility due to a thick fog that covered the ...

  • Venezuela to create new workers militia

    CARACAS, Venezuela -; Venezuela's president has ordered the creation of a new workers' militia as part of an existing pro-government fighting ...

  • Entel looking at opportunities in Colombia

    USD400 million, though the acquisition is not expected to be completed until Q3 this year. Buchi added that Entel would expand Nextel's offerings, which are currently focused primarily ...

  • Whats Behind Venezuelas Toilet Paper Shortage

    Venezuela's President Nicolas Maduro greets supporters during a May Day rally in Caracas May 1, 2013. (Carlos Garcia Rawlins/Reuters) Last month, Venezuela elected a president on the recommendation of Hugo Chavez. But as the problems the country faces loom larger, President Nicolas Maduro is finding his predecessor's one-man show a difficult act to follow. It was inevitable that ...

  • Rosneft PDVSA to work together in Venezuela

    Petroleos de Venezuela and Russian energy company Rosneft signed an agreement for a joint venture for Venezuelan operations. Venezuelan Oil ...

Movie Review

The Beales of Grey Gardens [DVD]

The Beales of Grey Gardens [DVD]

When the Direct Cinema pioneers Albert and David Maysles took their 16mm cameras into the decaying East Hampton mansion known as Grey Gardens to document the wonderfully strange lives of 79-year-old Edith Bouvier Beale and her 56-year-old daughter Little Edie Beale ... ...

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  • Amazonian Ambition Rosneft signs another joint venture with Venezuela

    Russia and the global economy Rosneft, the world's largest publicly traded oil company, is expanding its influence in Venezuela, via a subsidiary of the national oil company PDVSA. The two companies signed a joint venture agreement to develop a river basin in Venezuela. The agreement was signed between Rosneft President Igor Sechin and Venezuelan Oil Minister and President of PDVSA, ...

  • UPDATE 3-Oil prices set for biggest weekly drop since mid-April

    Fri May 24, 2013 5:09am EDT * Shrinking factory activity in China limits oil demand growth * Rosy U.S. economic data raise worries Fed may end stimulus soon * Gasoline demand over U.S. summer driving season may disappoint * Coming Up: U.S. durable goods orders; 1230 GMT (Updates previous SINGAPORE) LONDON, May 24 (Reuters) - Oil is poised to post its biggest weekly loss in more than a month, ...

  • South America re-election rash Ecuador’s Correa takes office for the third consecutive time

    Ecuadorean president Rafael Correa will be inaugurated on Friday for his third consecutive mandate, something which Venezuela’s Hugo Chavez just managed before his death, and something which Bolivia’s Evo Morales ...

  • 5 officers killed in helicopter accident in Venezuela

    Five officers from Venezuela's Bolivarian National Police (PNB), members of the crew of a police helicopter, were killed Thursday when their aircraft crashed in western Caracas during an operation to rescue two kidnapped engineers, official sources said. PNB Director Luis Karabin said that the accident occurred Thursday morning at 7:30 local time (1200 GMT) in the highway Mamera-El ...

  • Oil prices decline slightly on weak China data

    Oil prices dropped slightly on Thursday on disappointing manufacturing data from China. China's manufacturing activity in May contracted for the first time since last October, a preliminary survey from the HSBC showed. China is the second largest oil consumption nation in the world. The HSBC Flash Manufacturing Purchasing Managers' Index (PMI) for May slipped to 49.6, under the ...

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