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Pirates preying on Venezuelan fishermen as industry unravels

PUNTA DE ARAYA, Venezuela— The pirates had killed Flaco Marval's brother and two cousins, and word was they were coming for the rest of the family. "People can't make a living fishing anymore, so they're using their boats for the options that remain: smuggling gas, running drugs and piracy," said Jose Antonio Garcia, leader of the state's largest union.

Source: The Associated Press

Venezuela unveils 6 new bills amid galloping inflation

CARACAS, Venezuela— Venezuela has unveiled six new bills set to go into circulation next week. Central Bank President Nelson Merentes said Tuesday the new higher-denomination bills would make commercial transactions easier in the country with the world's highest inflation. The new bills come as Venezuela borders on economic collapse.

Source: The Associated Press

UPDATE 1-Venezuela decries Mercosur "coup" after trade bloc suspension

BUENOS AIRES/ BRASILIA, Dec 2- An increasingly isolated Venezuela accused the Mercosur trade bloc of staging a "coup" on Friday after member nations suspended the socialist nation for failing to fulfill membership requirements. In an official letter addressed to Venezuela's Foreign Minister Delcy Rodriguez and seen by Reuters, Mercosur informed Venezuela...

Source: Reuters

Venezuela suspended from South American trade bloc - document

BRASILIA, Dec 2- South American trade bloc Mercosur has suspended Venezuela for failing to fulfill its membership requirements, according to a copy of an official letter sent to Caracas on Friday and seen by Reuters. In the letter, addressed to Venezuela's Foreign Minister Delcy Rodriguez, Mercosur informs Venezuela of "the cessation of the exercise of the...

Source: Reuters

Venezuela currency tanks 60 pct in month on black market

CARACAS, Nov 28- Venezuela's bolivar currency has depreciated an unprecedented 60 percent in a month against the U.S. dollar on the black market to trade at nearly 3,500 on Monday, according to the widely-tracked web site DolarToday. That makes the largest-denomination note of 100 bolivars now worth less than 3 U.S. cents in the crisis-hit OPEC nation.

Source: Reuters

UPDATE 15-Cuban revolutionary leader Fidel Castro dies aged 90

HAVANA, Nov 26- Fidel Castro, the Cuban revolutionary who built a communist state on the doorstep of the United States and for five decades defied U.S. efforts to topple him, died on Friday. Wearing a green military uniform, a somber Raul, 85, appeared on state television on Friday night to announce Fidel's death, 60 years to the day since the two brothers and dozens of...

Source: Reuters

UPDATE 14-Cuban revolutionary leader Fidel Castro dies aged 90

HAVANA, Nov 26- Fidel Castro, the Cuban revolutionary who built a communist state on the doorstep of the United States and for five decades defied U.S. efforts to topple him, died on Friday. Wearing a green military uniform, a somber Raul, 85, appeared on state television on Friday night to announce Fidel's death, 60 years to the day since the two brothers and dozens of...

Source: Reuters

UPDATE 13-Cuban revolutionary leader Fidel Castro dies aged 90

HAVANA, Nov 26- Fidel Castro, the Cuban revolutionary who built a communist state on the doorstep of the United States and for five decades defied U.S. efforts to topple him, died on Friday. Wearing a green military uniform, a somber Raul, 85, appeared on state television on Friday night to announce Fidel's death, 60 years to the day since the two brothers and dozens of...

Source: Reuters

UPDATE 12-Cuban revolutionary leader Fidel Castro dies aged 90

HAVANA, Nov 26- Fidel Castro, the Cuban revolutionary who built a communist state on the doorstep of the United States and for five decades defied U.S. efforts to topple him, died on Friday. Wearing a green military uniform, a somber Raul Castro, 85, appeared on state television on Friday night to announce Fidel's death, 60 years to the day since the two brothers and...

Source: Reuters

UPDATE 11-Former Cuban leader Fidel Castro dies aged 90

HAVANA, Nov 26- Fidel Castro, the Cuban revolutionary leader who built a communist state on the doorstep of the United States and for five decades defied U.S. efforts to topple him, died on Friday. Wearing a green military uniform, a somber Raul Castro, 85, appeared on state television on Friday night to announce Fidel's death, 60 years to the day since the two brothers...

Source: Reuters