BBC NEWS Americas Africa Europe Middle East South Asia Asia Pacific Spanish Portuguese Caribbean
BBCi NEWS   SPORT   WEATHER   WORLD SERVICE   A-Z INDEX     

BBC News World Edition
 You are in: Americas  
News Front Page
Africa
Americas
Asia-Pacific
Europe
Middle East
South Asia
UK
Business
Entertainment
Science/Nature
Technology
Health
-------------
Talking Point
-------------
Country Profiles
In Depth
-------------
Programmes
-------------
BBC Sport
BBC Weather
SERVICES
-------------
LANGUAGES
EDITIONS
Wednesday, 11 December, 2002, 05:42 GMT
Venezuela crisis deepens
Queue outside a bank in Caracas
Venezuelans have been trying to withdraw their cash
Oil production in Venezuela has plummeted to a quarter of its normal levels as an open-ended general strike wears down the world's fifth-biggest producer.

People queued at banks to withdraw cash, or were panic-buying at petrol stations and supermarkets, as the strike continued into its ninth day on Tuesday.

The United States has issued a travel warning to its citizens and allowed non-essential Embassy staff to leave the country, citing the "deteriorating political and security situation".


Mr Chavez is a left-over Communist who wants to destroy his country

Gualterio Bamberg, Caracas, Venezuela

Venezuela's defence minister has made an impassioned appeal to stop the strike, which the opposition hopes will lead to a referendum on President Hugo Chavez's rule.

"Fellow Venezuelans, let us get back to normal quickly, because otherwise the market will be taken away from us," Jose Luis Prieto said on TV.

He said that Mexico was ready to take Venezuela's place in the oil market otherwise.

International efforts to mediate between President Chavez and the opposition faltered after initial progress on discussing new elections.

"I can't say we've advanced," said Cesar Gaviria, Secretary-General of the Organisation of American States, after the latest round of talks.

Heavy losses

The head of the state oil company PDVSA, Ali Rodriguez, announced on Tuesday that the country's largest refinery, Paraguana, had shut down.

Paraguana normally processes three-quarters of the country's oil.

Enlarge image
Show map

Click above to see Venezuela's oil export terminals

Energy Minister Rafael Ramirez said that the country was losing $50m a day in oil exports.

But, the BBC's Nick Miles reports from Caracas, the opposition is in no mood to back down and has been celebrating the anniversary of the first national strike, one year ago, against President Chavez.

The opposition Democratic Coordinating Board said the strike would continue "ever stronger and fearless".

Venezuela's Supreme Court announced that it was suspending all but essential work, accusing the government of "harassment and insults".

Travel warning

The United States issued its travel warning days after three people were shot dead and 28 wounded at an opposition rally.

Reception area of a local television news station
Some media outlets have been trashed by Chavez supporters
The State Department warned citizens to postpone travel to Venezuela and urged anyone already there to consider departing.

But leaving the country could be difficult as the country's main airline has been grounded by the strike.

"It looks like a cold civil war in which each side is sitting in its trenches, but the situation could explode at any moment and turn into a real civil war," one political analyst, Alfredo Keller, told the French news agency AFP.

 WATCH/LISTEN
 ON THIS STORY
Mark Weisbrot, international economics analyst
"There are millions of people who do not want Chavez to step down"

Key stories

Background

TALKING POINT
See also:

11 Dec 02 | Americas
10 Dec 02 | Americas
10 Dec 02 | Americas
03 Dec 02 | Media reports
29 Nov 02 | Americas
Internet links:


The BBC is not responsible for the content of external internet sites

Links to more Americas stories are at the foot of the page.


E-mail this story to a friend

Links to more Americas stories

© BBC ^^ Back to top

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East |
South Asia | UK | Business | Entertainment | Science/Nature |
Technology | Health | Talking Point | Country Profiles | In Depth |
Programmes