South America

Brazil dam collapse death toll rises to 121

BUENOS AIRES; 03 Feb 2019; AA: The death toll rose to 121 after a dam burst in southeastern Brazil on Jan. 25, according to the local media.

At least 226 people have been missing near the town of Brumadinho after the dam broke at an iron ore mining complex operated by the Brazilian mining giant Vale S.A.

Search-and-rescue efforts remain ongoing in the area.

So far, a total of five people were arrested over the incident.

Venezuelans prepared to resist US: envoy

GENEVA; 03 Feb 2019; AA: Venezuela’s envoy to the UN told Anadolu Agency that the people of his country were prepared to resist a possible U.S. military intervention.

“We are totally prepared for any military aggression by a foreign country,” said Ambassador Jorge Valero, the permanent representative of Venezuela to the UN.

“We have millions of people prepared for a long resistance […] with any kind of arms,” he added.

Maduro proposes early elections as a solution to Venezuelan crisis

CARACAS, Feb. 2 (Xinhua) -- Venezuelan President Nicolas Maduro Saturday proposed holding early elections for the National Assembly as a possible solution to the country's political crisis.

Maduro said before thousands of supporters who had gathered on Bolivar Avenue in Caracas that the government-controlled Constituent National Assembly would decide whether or not to call early elections for the opposition-held National Assembly.

Vale seeks out-of-court settlement for Brazil dam disaster

BRASILIA, Feb. 1 (Xinhua) -- Mining giant Vale, owner of the iron-ore tailings dam that collapsed in Brazil's southeast Minas Gerais state, said Thursday that it was seeking an out-of-court settlement with the regional government.

Vale CEO Fabio Schvartsman met with Brazil's General Prosecutor Raquel Dodge in the capital Brasilia to discuss compensating the hundreds of families affected by the disaster in the rural town of Brumadinho.

Venezuela's Maduro Says Oil, Resources Behind US Intervention

Caracas, January 30; GANASHAKTI: Venezuelan President Nicolas Maduro assured Wednesday that the main reason for the growing pressure exerted by the United States against his government is the desire to seize its oil and mineral resources.

In an exclusive interview with the Russian outlet Sputnik, the president made reference to the mineral and natural wealth of his country as the reason behind Washington supporting coup efforts against his country.

Venezuelan authorities arrest 7 foreign journalists

31 Jan 2019; AA: Seven reporters have been arrested in Venezuela following demonstrations in the capital Caracas, local media reports said on Thursday.

According to Spanish national news agency EFE, a Colombian photojournalist of the agency, who went to cover the events across the country, disappeared on Wednesday morning in Caracas.

The agency said he had been arrested by Venezuelan authorities along with his two colleagues -- one Spanish and one Colombian.

Maduro says ready to negotiate with opposition with int'l mediation

MOSCOW, Jan. 30 (Xinhua) -- Venezuelan President Nicolas Maduro said he is ready to hold talks with the country's opposition with the help of international mediators, RIA Novosti reported on Wednesday.

"I am ready to sit down at the negotiating table with the opposition so that we can speak for the good of Venezuela, for the sake of peace and the country's future," the Russian news agency quoted Maduro as saying in an interview.

Venezuela’s Maduro offers to negotiate with opposition

MOSCOW (AP) — More than a week into a standoff with the opposition, Venezuelan President Nicolas Maduro said on Wednesday that he is willing to negotiate.

Violent street demonstrations erupted last week after opposition leader Juan Guaido during a major opposition rally in Caracas declared that he had assumed presidential powers under the constitution and planned to hold fresh elections to end Maduro’s “dictatorship.”

Brazil miner Vale loses $18bn in market cap after dam disaster

28 Jan 2019; AFP: Brazilian mining giant Vale lost more than $18 billion of its value Monday in a dramatic share plunge on the Sao Paulo stock exchange as investors reacted to the collapse of one of its dams that killed scores and left hundreds missing.

The 24.5 percent drop followed an eight percent dive on the New York Stock Exchange on Friday, the day the disaster occurred. The Brazilian bourse was closed that day for a public holiday.

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