Venezuelan Pastor Maldonado:  “Today, with the utmost humility, I tell you that I will not be on the Formula One starting grid for the 2016 season.” Photograph: Getty Images

Pastor Maldonado, the only Venezuelan to win a grand prix but also one of Formula One’s most incident-prone drivers, will be absent from the 2016 sta(...)

 President Nicolás Maduro: The opposition  fears he  will  bypass the assembly’s decision by having the decree powers confirmed by the country’s top court. Photograph: EPA

Venezuela’s opposition-controlled national assembly has rejected a decree granting emergency economic powers to president Nicolás Maduro, deepening th(...)

People queue to try to buy corn flour and rice, outside a supermarket in Caracas  after Venezuela’s socialist government decreed an “economic emergency”. Photograph: Carlos Garcia Rawlins/Reuters

His government’s incompetence brutally exposed by the crash in the oil price, Venezuela’s president Nicolás Maduro has declared an “economic emergency(...)

Newly-elected opposition deputy Juan Requesens   argues with Chavista deputies during the new parliament’s swearing-in ceremony in Caracas:  a Chavista-dominated court ordered the temporary suspension of the mandates of four new deputies, three from the opposition, after their victories were questioned by the ruling socialists.  Photograph: Juan Barreto/AFP/Getty Images

Venezuela’s main opposition alliance took control of the country’s national assembly yesterday amid a deepening power struggle between it and the cou(...)

Outgoing Argentina president Cristina Kirchner delivers a speech to supporters in front of Casa Rosada presidential residence in Buenos Aires. Photograph: EPA

Tens of thousands of supporters filled Argentina’s most famous square to say goodbye to president Cristina Kirchner, who lauded her government’s achie(...)

Argentina’s president-elect Mauricio Macri: wants a free trade deal between Mercosur and the Pacific Alliance trade bloc of Mexico, Peru, Chile and Colombia. Photograph: Enrique Marcarian/Reuters

Mauricio Macri’s swearing-in as Argentina’s first democratically elected right-wing president takes place on Thursday amid an unedifying spat with the(...)

Newly-elected Venezuelan president Nicolas Maduro. Photograph: AFP/Getty Images

Venezuela’s ruling socialist party has been crushed in mid-term elections held on Sunday as the country’s self-styled Bolivarian revolution suffered i(...)

Opposition supporters celebrate in Caracas, Venezuela, early on Monday. Venezuela’s opposition won control of the National Assembly by a landslide on Sunday, delivering a major setback to the ruling party and altering the balance of power after 17 years of socialist rule. Photograph: AP

Venezuela’s opposition trounced the ruling Socialists on Sunday to win the legislature for the first time in 16 years and gain a long-sought platform(...)

A supporter of Venezuela’s president Nicolás Maduro holds a poster with a picture of the late Venezuelan president Hugo Chávez  during the last campaign rally with pro-government candidates for Sunday’s upcoming parliamentary elections, in Caracas on Thursday. Photograph: Carlos Garcia Rawlins/Reuters

With the political sands shifting in South America, the Bolivarian revolution of the late Hugo Chávez faces a major dilemma heading into crucial mid-t(...)

Venezuela’s president Nicolás Maduro greets supporters after a meeting in the Petare district of Caracas. Photograph: Carlos Garcia Rawlins/Reuters

Venezuela’s president has hinted that he will not accept the result of crucial mid-term elections being held on Sunday should his Chavista movement l(...)