Tareck El Aissami

Venezuela's Maduro to seek 2nd term in 2018

Caracas - Muslimchronicle

Venezuela's President Nicolas Maduro will seek another term in elections next year, Vice President Tareck El Aissami said Wednesday. In 2018, "we will have, God willing, people willing, the re-election of our brother Nicolas Maduro as president of the republic," El Aissami told a meeting of the ruling United Socialist Party of Venezuela. source: AFPRead more

Venezuela meets creditors as debt default looms

Caracas - Muslimchronicle

Venezuela hosted a brief meeting of creditors on Monday as the struggling yet oil-rich country sought to stave off a default seen as inevitable by experts, while the EU stepped up the pressure with new sanctions on Caracas. However, the 25-minute closed-door gathering in a government building across from the presidential palace ended with no agreement and no plan broached,Read more

Stalked by default fears, Venezuela calls creditor meeting

Caracas - Muslimchronicle

Venezuela on Friday called foreign creditors to a November 13 meeting in Caracas aiming to restructure its estimated $150 billion debt, as credit-rating agencies dealt the crisis-stricken country another blow with double downgrades. Standard & Poor's cut the nation's long-term foreign currency rating to "CC" from "CCC-" over growing concerns of the risk of a debt default in the oil-producingRead more

Venezuela sets meeting with creditors for November 13

Caracas - Muslimchronicle

Venezuela has called its foreign creditors to a meeting November 13 in Caracas in an effort to restructure its debt, Vice President Tareck el Aissami said Friday. Aissami said the government is seeking commitments for a debt renegotiation. Crisis-hit Venezuela, seen by many investors as being on the verge of default, has a debt load estimated at $150 billion. source:Read more

US Imposes Sanctions on Venezuelan Vice-President for Alleged Drug-Trafficking

Washington - Arab Today

The US imposed Tuesday sanctions on Venezuela's new Vice President Tareck El Aissami, accusing him of drug trafficking. The Treasury Department’s Office of Foreign Assets Control (OFAC) said that the 42 year-old was on its list for drug trafficking, along with one of his main partners Samark Jose Lopez Bello. The two are on a drug-trafficking list under whatRead more

Venezuelan president installs "anti-coup command"

Caracas - ArabToday

Venezuela's embattled President Nicolas Maduro on Tuesday installed an "anti-coup command" to thwart the opposition's latest attempt to unseat him. The move aims to safeguard the presidency while Maduro is out of the country attending the inauguration of Nicaraguan President Daniel Ortega later on Tuesday. The command is comprised of key government figures, including the ministers of Defense, Foreign AffairsRead more

Venezuela's president names new vice president

Caracas - ArabToday

Venezuelan President Nicolas Maduro appointed a new vice president on Wednesday as part of a larger cabinet reshuffle. Tareck El Aissami, 43, was named to replace Aristobulo Isturiz, who became minister for communes and social movements. Maduro said this switch was made to combine "experience, commitment, cohesion in a new phase for the government." El Aissami has served as interiorRead more

Venezuela’s Maduro names new vice president

Venezuela - Arab Today

Embattled socialist President Nicolas Maduro reshuffled his Cabinet on Wednesday and named a hard-line former interior minister as Venezuela’s vice president. The No. 2 job being taken over by Aragua state Gov. Tareck El Aissami is an appointed position, and Maduro has swapped it out in the past. But the vice presidency holds extra significance this year as the oppositionRead more