Nicolas Maduro

United States President Barack Obama renewed an executive order, first issued a year ago, on March 3 that declares Venezuela “an unusual and extraordinary threat to the national security and foreign policy of the United States”, TeleSUR English said the next day.

The order allows the US government to impose sanctions on Venezuela. In protest, Venezuela has withdrawn its charge d'affaires, Maximilian Arvelaez, from the United States, TeleSUR English said on March 9.

TeleSUR English: Peace, unity and prosperity was the message on March 5, which marked the third anniversary of the death of Venezuela's late socialist president Hugo Chavez.

Venezuelan President Nicolas Maduro announced the creation of a National Productive Corporation on February 22, as part of a new socialist enterprise system aimed at coordinating efforts among existing state, communal and mixed firms.

Speaking from the Ana Maria Campo Petrochemical Complex in Zulia state, the socialist leader said the new entity would be tasked with unifying the more than 1000 public enterprises in a “single vision of planning, management, productivity, and maximum efficiency”.

The 2016 summit of the Community of Latin American and Caribbean States (CELAC) began on January 26 with the meeting of foreign ministers and chancellors of the Latin American nations at the headquarters of the Union of South American Nations (UNASUR) in Mitad del Mundo, Quito, Ecuador.

CELAC, a regional body involving all nations in the Americas except for the United States and Canada, was officially created in Caracas in 2011 under the leadership of then-Venezuelan president Hugo Chavez.

Venezuela's President Nicolas Maduro has announced the establishment of a committee to oversee the creation of a revolutionary assembly on January 23.

The assembly will bring together the country's progressive social movements and socialist politicians to reinvigorate the Bolivarian revolution, Maduro said.

Maduro oversaw the first meeting of an interim committee, which will lead to the creation of the broader people's congress, being called the Congress of the Homeland. About 100 people were sworn-in to the committee.

Facing possible austerity and a return to neoliberalism at the hands of a right-wing parliament, will the millions involved in Venezuela's Bolivarian revolution that has cut poverty and empowered the poor radicalise further and protect their 15 years of gains? Or will this be the blow that finally dampens their revolutionary joy and collective ambition?

In the aftermath of Venezuela's right-wing US-backed opposition securing its electoral win over President Nicolas Maduro's United Socialist Party of Venezuela (PSUV) in the December 6 National Assembly elections, the South American country is heading for two confrontations, each reinforcing the other — a political and an economic one. The future is very uncertain.

On December 6, Venezuela held its 20th election in 17 years and one of its most difficult yet. With the opposition upping the ante in terms of media attacks and sabotage, 2.5 years of economic difficulties and since the passing of revolutionary leader Hugo Chavez, not to mention a recent right-wing victory in Argentina, the left and right around the world turned anxious eyes to Venezuela.

Venezuela's Bolivarian Revolution will face its toughest challenge yet this Sunday, when voters go to the polls to elect a new National Assembly. Amid an economic crisis marked by currency instability and inflation, many Venezuelans are understandably going to be thinking hard before casting what would be seen as a vote in support of President Nicolás Maduro.

Campaigning began in Venezuela on November 13 ahead of crucial National Assembly elections next month.

The vote will see the socialists supporting the Bolivarian Revolution, backed by President Nicolas Maduro, against the right-wing US-funded opposition amid ongoing tensions and economic problems.

From November 13 through to December 3, candidates from the ruling and opposition coalitions will be allowed to canvass for votes by public appearances, leaflets and on regional and national media.

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