Venezuela’s Maduro makes major cabinet changes after contested election

CARACAS (Reuters) -Venezuela’s President Nicolas Maduro on Tuesday made major changes to his cabinet, including leadership of the oil and finance ministries and state oil company PDVSA, after a contested election both the ruling party and the opposition claim to have won.

Anabel Pereira is new finance minister, while Hector Obregon is the new president of PDVSA, replacing Pedro Tellechea, who will move to head the Industry Ministry, Maduro said on state television.

Vice-President Delcy Rodriguez will remain in her post, but add the oil ministry to her brief, Maduro added.

Yvan Gil and Vladimir Padrino will remain in their respective posts as foreign minister and defense minsiter, Maduro said, while ruling party leader Diosdado Cabello will be the new interior, justice and peace minister.

Reuters reported earlier, citing three sources, that Maduro would name Obregon to PDVSA and designate a new oil minister.

Obregon is a lawyer who was added to PDVSA’s executive board last year as part of his government responsibilities, which also include positions at the finance ministry and Venezuela’s development bank.

This post is originally published on INVESTING.

  • Related Posts

    Dollar extends fall, euro and yuan jump after Trump comments on tariffs

    By Stefano Rebaudo (Reuters) -The U.S. dollar extended its fall after U.S. President-elect Donald Trump was quoted as saying he will not impose U.S. tariffs yet at his inauguration, which…

    Trump will declare ‘national energy emergency,’ incoming administration official says

    By Andrea Shalal and David Lawder WASHINGTON (Reuters) – President-elect Donald Trump will sign an executive order declaring a national energy emergency aimed at “unleashing affordable and reliable American energy,”…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    What to Do About Fear of Losing Money in Forex Trading

    • January 20, 2025
    What to Do About Fear of Losing Money in Forex Trading

    Dollar extends fall, euro and yuan jump after Trump comments on tariffs

    • January 20, 2025
    Dollar extends fall, euro and yuan jump after Trump comments on tariffs

    Trump will declare ‘national energy emergency,’ incoming administration official says

    • January 20, 2025
    Trump will declare ‘national energy emergency,’ incoming administration official says

    Oil prices fall as market awaits Trump policy announcements

    • January 20, 2025
    Oil prices fall as market awaits Trump policy announcements

    Dollar slumps after WSJ report; Trump tariffs may be delayed

    • January 20, 2025
    Dollar slumps after WSJ report; Trump tariffs may be delayed

    Chaos Incoming: Trump’s Second Term Sparks Global Market Turmoil ⚡

    • January 20, 2025
    Chaos Incoming: Trump’s Second Term Sparks Global Market Turmoil ⚡