Venezuela open to barter trade with India to boost oil sales

Venezuela open to barter trade with India to boost oil sales

"There are people responsible for this and the regime should know it", Guaido said after attending Sunday Mass.

Maduro has overseen an economic collapse in the oil-rich OPEC country that has left many Venezuelans malnourished and struggling to find medicine, sparking the exodus of an estimated 3 million Venezuelans.

Following the US decision to impose sanctions on Venezuela's oil industry, both sides have engaged in aggressive moves for control of Citgo, which has roots in the United States dating back 100 years, but has been owned by Venezuela's state-owned Petroleos de Venezuela, or PDVSA, for three decades.

The large-scale military exercise, which is being held in the country's 200-year history, will continue until February 15.

Calling for a "peaceful" resolution of the stalemate in Venezuela, it "supports all initiatives aimed at reaching a political solution amongst Venezuelans to the current situation. through a genuine and inclusive process of national dialogue".

"Our country hopes to receive the solidarity and full support of the member countries of OPEC and its ministerial Conference, in the fight we are now having against the illegal and arbitrary intrusion of the United States in the internal affairs of Venezuela".

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Speaking to AFP Friday, Guaido vowed to do "whatever necessary" to "stop the usurpation" of power and "save lives" - without ruling out the possibility of authorizing foreign intervention. Colonel Paz, a doctor, urged soldiers to help the aid get into Venezuela.

Suffering the worst crisis of its modern history, Venezuelans have had to grapple with life-threatening scarcities amid eye-popping levels of hyperinflation that have rendered salaries and savings worthless.

There are more than 8 million barrels of Venezuelan crude idling all over the Gulf of Mexico in an area that stretches from US coast to the Yucatan Peninsula in Mexico, according to cargo-tracking and market intelligence company Kpler.

"Democracy is closer than ever before, the future is ours", he said.

But Maduro, who has asked Pope Francis to act as a mediator, rejected what he said was "bias" by the group.

The legislative body's chairman, Juan Guaido, has declared himself interim president of Venezuela, challenging Maduro's rule.

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