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Venezuela's Guaido holds 'exploratory' talks with China, Russia: envoy
by Staff Writers
Sao Paulo (AFP) Oct 21, 2019

Venezuela's opposition leader Juan Guaido has asked China and Russia to help end a political crisis crippling the Latin American country during "exploratory" talks, his diplomatic representative in Brazil said Monday.

Oil-rich Venezuela's economy is crumbling amid a political standoff between leftist President Nicolas Maduro and Guaido, the national assembly speaker widely recognized as the country's legitimate leader.

Teresa Belandria, whom Guaido appointed as Venezuela's envoy to Brazil earlier this year after declaring himself acting president, said the opposition leader has met with various Chinese delegations in the capital Caracas.

Members of his coalition also have had contact with Russia, including in the Brazilian capital Brasilia.

Moscow and Beijing are staunch supporters of Maduro's government.

"These are exploratory contacts in which they have asked (Russia and China) to be part of the solution to the crisis and to become facilitators of the democratic transition process," Belandria told Brazilian and Venezuelan investors in Sao Paulo as she presented the opposition's economic plan in the event of a political transition.

Belandria would not offer more details about the talks or when they were held but said they were expected to "bear positive fruits for the restoration of democracy."

Belandria added that opposition parties had agreed to re-elect Guaido in January 2020 as national assembly leader.

"There's a political agreement between all of the parties to renew Juan Guaido as president," she said, predicting more opposition street protests in November.

Moscow and Beijing have been major lenders to Caracas in exchange for oil supplies.

Russian President Vladimir Putin met with Maduro in Moscow last month, where he reiterated support for his Venezuelan counterpart and called on all sides to end the country's crisis.

Talks between Maduro's government and Guaido broke down in August following the imposition of new US sanctions.

The socialist government resumed talks in September with some minority opposition parties, but only those outside Guaido's coalition.


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OIL AND GAS
Trial set in New York on Exxon's climate statements
New York (AFP) Oct 17, 2019
Charges that Exxon Mobil misled investors on the financial risks of climate change will be heard in court this month after a New York judge gave the green light for a trial. The litigation dates to October of last year when the New York Attorney General filed suit against the oil giant on behalf of investors victimized by the alleged fraud. Barry Ostrager, a New York judge, rejected motions on Wednesday night and set a trial to begin next Tuesday. The lawsuit alleges that Exxon defrauded in ... read more

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