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Showing posts with label Souther America. Show all posts

Bolivia’s former interim president Jeanine Anez arrested over 2019 coup

Bolivia’s former interim president Jeanine Anez arrested over 2019 coup

Jeanine Anez, who seized power in Bolivia as an interim president after the November 2019 ousting of then-president Evo Morales, has been arrested on suspicion of sedition, the new government has announced.

Anez's arrest warrant was issued by a court on Friday and was executed on Saturday morning, Minister of Government Carlos del Castillo announced on Twitter. He hailed the development as a step forward in giving the Bolivian people the justice they deserve.

Bolivian media showed images of the politician being taken into custody. Anez and other members of her government have been accused of sedition, terrorism and conspiracy over the way they took and held on to power. Meanwhile Anez denounced the Bolivian government, saying her arrest was “abuse and political persecution”, denying that a coup ever happened in the country. A number of police officers were spotted around Anez’s home in the city of Trinidad, northeast of La Paz, on Friday after the news of her imminent arrest broke.



Police have arrived at the home of Jeanine Añez in Trinidad, Beni. Local residents have also arrived to witness the imminent arrest of Bolivia's former coup President. pic.twitter.com/RyXbpmflY4— Kawsachun News (@KawsachunNews) March 12, 2021


Anez served as the leader of Bolivia after violent mass protests in 2019 forced Morales to resign and flee the country. The uprising was triggered by allegations of election fraud, which were later revealed to be largely unsubstantiated. The Anez government deployed the military against Morales’ supporters, who staged counter-protests, and it temporarily gave the troops immunity from prosecution for their actions as they quelled the dissent.

Morales was forced to go into exile after the Bolivian security forces sided with his opponents, with Anez’s 'interim' conservative government later taking power in the South American country. However, she withdrew her candidacy from the next election in 2020 one day after polls showed the pro-Morales candidate in the lead.

The Movement for Socialism (MAS), Morales’ political party, made a comeback by winning the November 2020 general election and securing the presidency for Luis Arce.




Jeanine Anez, who seized power in Bolivia as an interim president after the November 2019 ousting of then-president Evo Morales, has been arrested on suspicion of sedition, the new government has announced.

Anez's arrest warrant was issued by a court on Friday and was executed on Saturday morning, Minister of Government Carlos del Castillo announced on Twitter. He hailed the development as a step forward in giving the Bolivian people the justice they deserve.

Bolivian media showed images of the politician being taken into custody. Anez and other members of her government have been accused of sedition, terrorism and conspiracy over the way they took and held on to power. Meanwhile Anez denounced the Bolivian government, saying her arrest was “abuse and political persecution”, denying that a coup ever happened in the country. A number of police officers were spotted around Anez’s home in the city of Trinidad, northeast of La Paz, on Friday after the news of her imminent arrest broke.



Police have arrived at the home of Jeanine Añez in Trinidad, Beni. Local residents have also arrived to witness the imminent arrest of Bolivia's former coup President. pic.twitter.com/RyXbpmflY4— Kawsachun News (@KawsachunNews) March 12, 2021


Anez served as the leader of Bolivia after violent mass protests in 2019 forced Morales to resign and flee the country. The uprising was triggered by allegations of election fraud, which were later revealed to be largely unsubstantiated. The Anez government deployed the military against Morales’ supporters, who staged counter-protests, and it temporarily gave the troops immunity from prosecution for their actions as they quelled the dissent.

Morales was forced to go into exile after the Bolivian security forces sided with his opponents, with Anez’s 'interim' conservative government later taking power in the South American country. However, she withdrew her candidacy from the next election in 2020 one day after polls showed the pro-Morales candidate in the lead.

The Movement for Socialism (MAS), Morales’ political party, made a comeback by winning the November 2020 general election and securing the presidency for Luis Arce.




Sovereign Debt: Venezuela announces deal with individual creditors

Sovereign Debt: Venezuela announces deal with individual creditors


CARACAS, Venezuela: The Venezuelan government announced on Friday an agreement with individual creditors to restructure terms of its sovereign debt.

Because the government has been in default for three years, the deal is intended to ease terms of the debt so it could fulfill its financial obligations.

The Ministry of Economy, Finance and Foreign Trade said the deal is proof of “the permanent will of the issuers to comply with their obligations, regardless of the effects that external factors may have caused on the payment capacity of the issuers.”

It said the agreement was based on a proposal by the government in September that consisted of interrupting accruing interests in exchange for negotiating a restructure of the defaulted debt.

Vice President Delcy Rodriguez said at the time that the country is committed to fulfilling its obligations despite international pressures.

"Venezuela has always been characterized by faithfully fulfilling its payment obligations for foreign debt services, despite the multiform criminal aggression perpetrated against the country," said Rodriguez.

The announcement Friday mentions that the deal is no longer available in its current form to creditors who refused to negotiate in September.

But the ministry made clear the Venezuelan is willing to talk and negotiate with creditors “with the purpose of achieving a debt restructuring in accordance with the rights and interests of all parties.”

And for creditors in countries with tense diplomatic and financial relations with the Venezuelan government, the announcement said: “For those bondholders who may have some type of limitation arising from their respective laws, national regulations or others and that limits them to establish contact with the issuers, it will be expected until such limitation is overcome in order to establish the conversations to which there may be the place.”



CARACAS, Venezuela: The Venezuelan government announced on Friday an agreement with individual creditors to restructure terms of its sovereign debt.

Because the government has been in default for three years, the deal is intended to ease terms of the debt so it could fulfill its financial obligations.

The Ministry of Economy, Finance and Foreign Trade said the deal is proof of “the permanent will of the issuers to comply with their obligations, regardless of the effects that external factors may have caused on the payment capacity of the issuers.”

It said the agreement was based on a proposal by the government in September that consisted of interrupting accruing interests in exchange for negotiating a restructure of the defaulted debt.

Vice President Delcy Rodriguez said at the time that the country is committed to fulfilling its obligations despite international pressures.

"Venezuela has always been characterized by faithfully fulfilling its payment obligations for foreign debt services, despite the multiform criminal aggression perpetrated against the country," said Rodriguez.

The announcement Friday mentions that the deal is no longer available in its current form to creditors who refused to negotiate in September.

But the ministry made clear the Venezuelan is willing to talk and negotiate with creditors “with the purpose of achieving a debt restructuring in accordance with the rights and interests of all parties.”

And for creditors in countries with tense diplomatic and financial relations with the Venezuelan government, the announcement said: “For those bondholders who may have some type of limitation arising from their respective laws, national regulations or others and that limits them to establish contact with the issuers, it will be expected until such limitation is overcome in order to establish the conversations to which there may be the place.”


Joe Biden injected hope into Venezuela’s opposition, Guaidó's envoy says

Joe Biden injected hope into Venezuela’s opposition, Guaidó's envoy says


MIAMI – Opposition leader Juan Guaidó's envoy to the United States, Carlos Vecchio, said Friday that President Joe Biden took a very important step when he granted Temporary Protected Status to Venezuelans.

Vecchio said that with TPS Biden is making a statement to condemn Nicolás Maduro, who succeeded Hugo Chávez as the leader of the socialist Bolivarian Revolution in 2013.

Maduro has blamed Venezuelan poverty on U.S. sanctions on the state-run oil company. Guaidó blames failed socialist policies and repression for pushing the once-prosperous democracy into a humanitarian crisis.

“The main problem of Venezuela is not the sanctions,” Vecchio said. “The main problem of Venezuela is Maduro.”

China and Russia support Maduro, 58, and his unrelenting attacks to stay in power. U.S. Secretary of State Antony J. Blinken has said Biden supports Guaidó, 37, as Venezuela’s leader.

Guaidó, whose term expired on Jan. 5, Henrique Capriles, and other opposition leaders have managed to stay out of prison. Vecchio is among the interim government officials who are unable to go back to Venezuela over the fear of becoming political prisoners.

“With this protection now we will be more stable, in order to help us to raise the voice in favor of Venezuela,” Vecchio said. “And to bring more people, congressman, senators and the institution of the United States, to put more pressure to find a political solution in Venezuela.”

The story is familiar to the Cuban exiles who found refuge in South Florida when their efforts to remove Fidel Castro failed.

Meanwhile, Maduro is unable to stabilize the economy, so he announced ambitious plans to move to a fully digital economy. In the streets of Caracas, Venezuelans are mostly relying on the U.S. dollar.

Secretary of Homeland Security Alejandro Mayorkas designated Venezuelans for TPS until September 2022 when it’s likely Biden will grant a renewal of the policy.

“The living conditions in Venezuela reveal a country in turmoil, unable to protect its own citizens,” Mayorkas said in a statement during the announcement.

Read More from the source, Local 10 

MIAMI – Opposition leader Juan Guaidó's envoy to the United States, Carlos Vecchio, said Friday that President Joe Biden took a very important step when he granted Temporary Protected Status to Venezuelans.

Vecchio said that with TPS Biden is making a statement to condemn Nicolás Maduro, who succeeded Hugo Chávez as the leader of the socialist Bolivarian Revolution in 2013.

Maduro has blamed Venezuelan poverty on U.S. sanctions on the state-run oil company. Guaidó blames failed socialist policies and repression for pushing the once-prosperous democracy into a humanitarian crisis.

“The main problem of Venezuela is not the sanctions,” Vecchio said. “The main problem of Venezuela is Maduro.”

China and Russia support Maduro, 58, and his unrelenting attacks to stay in power. U.S. Secretary of State Antony J. Blinken has said Biden supports Guaidó, 37, as Venezuela’s leader.

Guaidó, whose term expired on Jan. 5, Henrique Capriles, and other opposition leaders have managed to stay out of prison. Vecchio is among the interim government officials who are unable to go back to Venezuela over the fear of becoming political prisoners.

“With this protection now we will be more stable, in order to help us to raise the voice in favor of Venezuela,” Vecchio said. “And to bring more people, congressman, senators and the institution of the United States, to put more pressure to find a political solution in Venezuela.”

The story is familiar to the Cuban exiles who found refuge in South Florida when their efforts to remove Fidel Castro failed.

Meanwhile, Maduro is unable to stabilize the economy, so he announced ambitious plans to move to a fully digital economy. In the streets of Caracas, Venezuelans are mostly relying on the U.S. dollar.

Secretary of Homeland Security Alejandro Mayorkas designated Venezuelans for TPS until September 2022 when it’s likely Biden will grant a renewal of the policy.

“The living conditions in Venezuela reveal a country in turmoil, unable to protect its own citizens,” Mayorkas said in a statement during the announcement.

Read More from the source, Local 10 

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