This week: The Venezuelan government starts an expanded audit of the disputed April 14 presidential election as Henrique Capriles files a legal challenge of the results; the Obama administration continues to monitor Venezuela’s crackdown on political opposition; Nicolás Maduro reacts angrily to Barack Obama’s comments about the political crisis in Venezuela; the family of Timothy Tracy, the American filmmaker held in Venezuela on charges of alleged espionage, calls the situation a “nightmare”; and U.S. diplomats are finally granted access to Tracy in Venezuela. Senior Venezuelan banking official is held on charges of accepting at least $5 million in bribes to funnel business to two Miami broker-dealers; the U.S. Treasury punishes Iran-Venezuela Binational Bank for helping the Iran government evade international sanctions; the Venezuelan government scrambles for answers to the country’s homicide rate, creating concerns about possible human rights abuses; and representatives of 130 countries believe Venezuela fails to meet the minimum democratic requirements. Venezuelan inflation soars toward 30 percent, the highest since August 2010, as the central bank’s scarcity index reaches a record high; according to mathematicians, the tally in Venezuela’s disputed election presents logical and numerical inconsistencies; Venezuela falls to seventh place in scientific research in Latin America, ranking below Cuba; and Venezuela’s only opposition TV station announces management changes after being taken over by the government.
Venezuela Starts Election Audit, The Wall Street Journal
Authorities on Monday began an expanded audit of the disputed April 14 presidential election even though the opposition candidate who called for the review has since withdrawn his support and instead filed a legal challenge of the results.
U.S. Monitoring Venezuela’s Political Crackdown On Opposition, Obama Says, Reuters
The United States is watching “crackdowns on the opposition” in Venezuela, President Barack Obama said in a television interview aired on Friday when asked if he considered newly elected Nicolas Maduro to be the country’s legitimate president.
Venezuela’s Government Condemns Obama’s Comments, The Associated Press
Venezuela’s government on Saturday angrily rejected comments made by U.S. President Barack Obama about the South American country’s political crisis and accused Washington of being behind violence that has followed its recent presidential election.
Family of American held in Venezuela says experience ‘a nightmare;’ embassy has had no access, The Associated Press
U.S. diplomats have been given no access to a California man held in Venezuela for nearly two weeks in what his family on Monday called a “nightmare” that unfolded after he was accused of being a spy fomenting postelection unrest.
US officials are granted access to American detained in Venezuela, Associated Press
Venezuela’s government has granted U.S. diplomats access to a California man who is being held while he awaits trial on charges of espionage and fomenting unrest.
Venezuelan banking official and 2 Miami broker dealers charged in $5 million NY bribery case, The Associated Press
A senior Venezuelan banking official is being held in Miami on charges that she accepted at least $5 million in bribes to funnel business to two Miami broker-dealers, federal authorities in Manhattan announced Tuesday.
US punishes Venezuelan-Iranian bank for helping Tehran, El Universal
The US Department of the Treasury punished on Thursday the Iran-Venezuela Binational Bank (IVBB) for helping the Iranian government to “sort out” international sanctions because of its controversial nuclear program.
Justice minister says Venezuela’s military to form part of anti-crime initiative, The Associated Press
Venezuela’s top security official announced Sunday the government of President Nicolas Maduro will use the military to fight rampant violent crime, raising concerns among activists who warned the initiative could lead to human rights violations.
No democracy in Venezuela, according to 130 countries, El Universal
Representatives of 130 Foreign Offices of countries viewed as democratic met last week in Mongolia, at the Summit of the Community of Democracies.
Venezuela Inflation Soars Toward 30% as Maduro Cuts Dollar Sales, Bloomberg
Venezuelan consumer prices soared the most in three years last month as President Nicolas Maduro’s government reduced dollar sales to importers and the central bank’s scarcity index reached the highest on record.
Mathematicians claim that election numbers in Venezuela do not match, El Universal
The results released by the board of the Venezuelan National Electoral Council (CNE) in several bulletins about the presidential election of April 14 exhibit “logic and numerical inconsistencies.”
Venezuela ranks below Cuba in scientific research, El Universal
Venezuela ranked seventh in scientific production in Latin America in 2011, according to international indicators such as SCImago Institutions Rankings (SIR).
Sole Opposition TV Channel in Venez Makes Changes, The Associated Press
Venezuela’s only opposition television channel says it is bringing in new management after its sale to new owners, but pledges to maintain its critical line against the government.

