Venezuela Congress Passes Amnesty Law to Free Jailed Politicians
Wednesday,30/03/2016|01:01GMTby
Bloomberg News
Venezuela’s opposition-controlled congress upheld a campaign promise and approved an amnesty law late Tuesday that is likely to deepen...
Venezuela’s opposition-controlled congress upheld a campaign promise and approved an amnesty law late Tuesday that is likely to deepen an institutional standoff with President Nicolas Maduro.
Voting across party lines, the National Assembly passed the Law of National Amnesty and Reconciliation, aimed at freeing dozens of jailed politicians and activists, many of whom were imprisoned during a wave of anti-government protests two years ago. The ruling socialists decried the bill as a grant of blanket-freedom to “coup mongers” and have pledged to block its passage.
“This law has not been made so that those who committed crimes in 2014 will not be punished, on the contrary, this law is made to give justice to the country,” opposition Popular Will deputy Juan Andres Mejia said during the debate.
The central plank of the opposition’s landslide victory in last year’s congressional elections was a pledge to secure freedom for President Maduro’s political opponents, the most prominent being Leopoldo Lopez, a two-time mayor of an upscale Caracas district, sentenced to nearly 14 years in prison for incitement. Since wresting control of congress, the opposition has seen its majority narrowed and its key decisions overturned by the Supreme Court.
The president, who had pledged to defeat the bill, lobbied congress and the wider court of public opinion right up to the last possible minute.
“They are approving a law to protect killers,criminals, narco-traffickers and terrorists,” Maduro warned in a televised address that aired while the bill was being debated. “You can be sure it will not pass.”
Earlier this month, the high court overturned congress’s second attempt to block Maduro’s requests for decree powers, which he says are necessary to fight triple-digit inflation and the biggest economic contraction in more than a decade.
To contact the reporters on this story: Andrew Rosati in Caracas at arosati3@bloomberg.net, Noris Soto in Caracas at nsoto9@bloomberg.net. To contact the editors responsible for this story: Vivianne Rodrigues at vrodrigues3@bloomberg.net, Robert Jameson
Venezuela’s opposition-controlled congress upheld a campaign promise and approved an amnesty law late Tuesday that is likely to deepen an institutional standoff with President Nicolas Maduro.
Voting across party lines, the National Assembly passed the Law of National Amnesty and Reconciliation, aimed at freeing dozens of jailed politicians and activists, many of whom were imprisoned during a wave of anti-government protests two years ago. The ruling socialists decried the bill as a grant of blanket-freedom to “coup mongers” and have pledged to block its passage.
“This law has not been made so that those who committed crimes in 2014 will not be punished, on the contrary, this law is made to give justice to the country,” opposition Popular Will deputy Juan Andres Mejia said during the debate.
The central plank of the opposition’s landslide victory in last year’s congressional elections was a pledge to secure freedom for President Maduro’s political opponents, the most prominent being Leopoldo Lopez, a two-time mayor of an upscale Caracas district, sentenced to nearly 14 years in prison for incitement. Since wresting control of congress, the opposition has seen its majority narrowed and its key decisions overturned by the Supreme Court.
The president, who had pledged to defeat the bill, lobbied congress and the wider court of public opinion right up to the last possible minute.
“They are approving a law to protect killers,criminals, narco-traffickers and terrorists,” Maduro warned in a televised address that aired while the bill was being debated. “You can be sure it will not pass.”
Earlier this month, the high court overturned congress’s second attempt to block Maduro’s requests for decree powers, which he says are necessary to fight triple-digit inflation and the biggest economic contraction in more than a decade.
To contact the reporters on this story: Andrew Rosati in Caracas at arosati3@bloomberg.net, Noris Soto in Caracas at nsoto9@bloomberg.net. To contact the editors responsible for this story: Vivianne Rodrigues at vrodrigues3@bloomberg.net, Robert Jameson
Clearstream to Settle LCH-Cleared Equity Contracts
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets Winner Spotlight 🏆 | Global Broker of the Year 2025 #Trading #Broker #Innovation #Shorts
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters