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Added on the 19/09/2016 13:56:27 - Copyright : Reuters EN
Venezuela says a better deal over oil loans was reached with China, but authorities warn the economy is likely to remain in recession until the end of 2017. Deborah Lutterbeck reports.
Guyanese Foreign Minister Hugh Hilton Todd and Venezuelan counterpart Yvan Gil meet in Brasilia to discuss the discuss the simmering crisis on their border over the disputed oil-rich Essequibo region. IMAGES
The United States is closely watching tensions between Venezuela and Guyana over a disputed, oil-rich border region and wants them to avoid any conflict, the White House says. "We obviously don't want to see any violence occur here or conflict occur," National Security Council spokesman John Kirby tells reporters. SOUNDBITE
European Council chief Charles Michel says he is "confident" the European Union will reach an agreement on a Russian oil embargo ahead of next week's European summit, despite opposition from Hungary. SOUNDBITE
The United States urges the release in Venezuela of six US-linked former Citgo oil executives who were taken back into custody amid the extradition of an ally of leader Nicolas Maduro to Miami. SOUNDBITE