EL UNIVERSAL
CARACAS, Saturday July 04, 2009 | Update
Worsening chronic poverty in Venezuelan households
Economy Based on the official data, more and more families failed to get out of poverty in 2008; the exclusion status of more people moved faster and fewer people are on their way to overcome this situation. According to the data provided by the official National Statistics Institute (INE), last year the poorest homes in the country recorded an average monthly income of USD 401.82, whereas the food basket amounted to 417.77
More and more homes have recorded a downward trend (File Photo: J. Santos)
Quotable
"I doubt that we can change our behavior with respect to the issuance of reports. The US has not a political stance but a legal obligation to release reports about a wide array of topics. They refer not only to Venezuela but to all our partners around the world."
US ambassador Patrick Duddy
Top Stories
More attacks against free media in Venezuela
Politics
Deputy for formerly pro-government political Podemos party, Ismael García, cautioned on Friday, July 03 that government authorities could be planning the entry and search in El Aragüeño, the forerunning daily newspaper in central Aragua state, property of the Sindoni corporation.
Lawyers and Caracas Mayor request respect for Venezuelan Constitution
Politics
Antonio Ledezma, the Metropolitan Mayor of Caracas, has gone on hunger strike inside the Embassy of the Organization of American States (OAS) to air to the world "the ongoing serious situation of democratic instability in the country."
Pdvsa requests payment of debts to solve financial troubles
Economy
Amidst financial problems, the state-run oil company Petróleos de Venezuela is asking foreign companies to repay their debts under energy supply agreements. Additionally, the state-run firm said that the USD 3 billion bond issue dubbed "Petrobono 2011" will be registered in international markets.
Highlights
- US ambassador back to his post in Venezuela
- Venezuela among the worst countries in the fight against corruption
- 55 percent of Venezuelans consider that democracy is at risk
- Venezuela's exiled leader blames Chávez of criminalizing politics
- Venezuela denies divisions within the military
- Michael Rowan / World revolution
- Organized crime kills 1,448 people in Caracas in the first half
- "The government's term expires in 2012"
- "Mafia's Foreign Minister" will be detained in a maximum security prison
Political crisis in Honduras 1
Millionaire aid for Honduras
Politics In a year and a half, the Venezuelan government has reported on USD 624 million out of the public expenditure for Honduras.
A Glance at the Venezuelan Economy
GalleryShow All
Journalists rally for freedom of expression
Politics. Participants in the march urged for respect of constitutional freedoms (Photo: Harold Escalona/Efe)
Databank
Reserves
In a month, Venezuela's international reserves have increased 4.82 percent, equivalent to USD 1.41 billion, reaching USD 30.59 billion on July 1, according to the Central Bank.
Background
Off the air
Eighty-six AM radio stations and 154 FM radio stations will be subject to administrative proceedings by the National Telecommunications Commission (Conatel) because their owners failed to meet a request to update their data.
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