Venezuela News Summary for Friday, July 12, 2024

Venezuela News Summary for Friday, July 12, 2024
  • Nicolás Maduro announced the elimination of the IGTF in bolivars. The Attorney General confirmed the arrest of Aldo Roso and Ricardo Albacete for alleged conspiracy once morest the electrical system. Jon Aramburu is considered one of the best emerging players of the 2024 Copa América | Main photo: EFE

On Friday, July 12, President Nicolás Maduro announced the elimination of the IGTF in bolivars. In addition, the Attorney General, Tarek William Saab, confirmed the arrest of Aldo Roso and Ricardo Albacete for alleged conspiracy once morest the electrical system.

At the international level, the Organization of American States (OAS) has called for financial assistance for countries affected by Hurricane Beryl.

In sports and culture, Jon Aramburu is one of the best emerging players of the Copa América 2024, according to The Athletic. Barbora Krejcikova and Jasmine Paolini will contest the Wimbledon final. Alec Baldwin’s defence team has asked for his case to be dismissed due to lack of evidence.

Below are the most relevant news from Friday, July 12:

On Friday, July 12, President Nicolás Maduro announced the elimination of the Tax on Large Financial Transactions (IGTF) in bolivars, which charged 2% on transactions in local currency.

“I am signing the decree to eliminate, ipso facto, the 2% of the IGTF. We are already in a position to do so and what we need to increase is the efficiency in the collection of the other taxes that exist,” declared Maduro during the celebration of the National Council of Productive Economy.

The IGTF was approved in 2015, however, in February 2022 a reform was adopted to seek to collect taxes from foreign currency transactions, this in light of the growing use of foreign currency to make payments.

The regime manages to reduce the use of foreign currency, but the dollar remains the option for savings
Photo: EFE

Tarek William Saab, the Attorney General of the Republic, confirmed on Friday, July 12, the arrest of Aldo Roso Vargas and Ricardo Albacete Vidal for allegedly being part of a conspiracy to sabotage the Venezuelan electrical system.

“After gathering sufficient evidence, on July 9, arrest warrants were requested from the competent courts once morest Aldo Roso Vargas and Ricardo Alberto Albacete Vidal,” Saab said at a press conference.

The official added that search warrants were also issued for several properties located in Caracas, Táchira and Mérida, which are allegedly linked to the accused.

Aldo Roso Vargas was arrested on July 10 in El Valle, Caracas; while Ricardo Albacete was arrested on July 11 on Libertador Avenue in Caracas.

The Prosecutor's Office issued an arrest warrant  once morest Tamara Sujú and five other people for treason
Photo: @MinpublicoVEN

3. The OAS requested financial assistance for countries affected by Hurricane Beryl

The OAS expressed on Friday, July 12, its concern regarding the “devastating effects” of Hurricane Beryl in several member countries, especially in the Caribbean, and requested financial assistance for the “reconstruction” of damaged infrastructure and the recovery of its gross domestic product (GDP).

Saint Vincent and the Grenadines, Barbados, Saint Lucia, as well as the islands of Carriacou and Petite Martinique in Grenada, were the Caribbean islands that received the greatest impact from Hurricane Beryl more than a week ago.

The agriculture and fishing sectors were the most affected by the powerful Category 5 hurricane’s powerful winds, the highest on the Saffir-Simpson intensity scale.

For this reason, the Permanent Council of the OAS approved a resolution requesting the “immediate capitalization” and implementation of the Loss and Damage Fund to “provide assistance to developing countries that are particularly vulnerable” to the effects of climate change and to the member states affected by the hurricane.

#WeExplainTheDay | Friday, July 12
Photo: EFE

4. Alec Baldwin’s defense asked to dismiss his case due to lack of evidence

Actor Alec Baldwin’s defense filed a new motion on Friday, July 12, to dismiss the case once morest him, arguing that the prosecution hid a batch of bullets that were “critical evidence” in this trial, where the American actor is accused of involuntary manslaughter.

On the third day of the trial, the defense argued that a “good Samaritan” named Troy Teske brought authorities “a collection of live ammunition” that was classified under a different case number, thereby preventing access to “critical evidence.”

“The remedy for state error must be dismissal,” the motion stated.

Baldwin, who might face up to 18 months in prison, is charged with involuntary manslaughter in the on-set death of Rust’s cinematographer Halyna Hutchins in October 2021.

Alex Baldwin's trial for the Rust case has begun: what is known
Photo: EFE

Venezuelan footballer Jon Aramburu was listed on Friday, July 12, as one of the best emerging players of the 2024 Copa América, according to The Athletic the sports supplement of the newspaper The New York Times.

The media highlighted the performance of the 21-year-old right back of the Venezuelan national team, who was considered a decisive figure in the Vinotinto’s group stage matches once morest Jamaica and Mexico, as well as the quarter-final match once morest Canada.

“Aramburu is hungry defensively. He is a tough tackler who seems to enjoy the challenge and is extremely skilful. A staunch ball-winner who enjoys digging in and defending his flank, whether it be the left or the right,” the magazine reads regarding the Venezuelan player.

#WeExplainTheDay | Friday, July 12
Photo: @JonAramburu3

6. Wimbledon: Barbora Krejcikova and Jasmine Paolini to contest women’s final

Tennis players Barbora Krejcikova and Jasmine Paolini qualified for the Wimbledon final in the United Kingdom on Friday, July 12.

Krejcikova eliminated the Kazakh Elena Rybakina (4th), winner in 2022 of the Grand Slam in the cathedral of tennis, by 3-6, 6-3 and 6-4, while Paolini managed to overcome the Croatian Donna Vekic (37th) by 2-6, 6-4 and 7-6 (8).

Krejcikova and Paolini will go for the title on Saturday, July 13, on the Centre Court of the All England Tennis and Croquet Club in London, United Kingdom.

#WeExplainTheDay | Friday, July 12
Photo: EFE

In The newspaper We present you a summary of the most important information of the day, which you should know at the national and international level.

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2024-07-13 12:41:39

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