PM: UN meeting brings hope of significant improvement in Venezuela soon

Prime Minister Dr Keith Rowley says he and the CARICOM team that met with the United Nations today, are confident of a diminishing of tensions in Venezuela in the not too distant future.

The remark forms part of a statement issued by the Office of the Prime Minister today.

It says that coming out of the meeting, "the CARICOM delegation is satisfied that if the conditions for such can be met the UN will assist in establishing the roadmap towards peace and security for Venezuela and the region".

Latest: US announces sanctions on Venezuela's oil company

The US has imposed sanctions on Venezuela's state-owned oil firm PDVSA and urged the country's military to accept a peaceful transfer of power.

National Security Adviser John Bolton said President Nicolás Maduro and his allies could "no longer loot the assets of the Venezuelan people".

The sanctions aim to transfer control of Venezuela's oil wealth to forces that oppose socialist dictator Nicolas Maduro and deprive the strongman of resources that could prolong his grip on power.

Australia announces support for Guaido

The Australian Government has recognised Venezuela's Opposition Leader, Juan Guaido, as the country's legitimate leader.

It follows similar declarations by the US, Britain, Germany and France.

Venezuela has sunk into turmoil under President Nicolas Maduro, with ongoing food shortages and daily protests amid an economic and political crisis.

In a statement, Foreign Affairs Minister Marise Payne said Australia would support Mr Guaido until elections were called.

US Ambassador: T&T's recognition of Maduro 'deeply concerning'

United States ambassador to Trinidad and Tobago, Joseph Mondello says he is deeply concerned with the position of the government of Trinidad and Tobago to recognise Nicolas Maduro as the president of Venezuela.

Minister in the Office of the Prime Minister, Stuart Young has said that the government recognises Maduro as president but the government has not express support for either side in the conflict.

Move to ramp up T&T's border patrols

Bor­der se­cu­ri­ty be­tween T&T and Venezuela is be­ing stepped up in an­tic­i­pa­tion of an in­creased in­flux of Venezue­lans fol­low­ing the cri­sis in that coun­try, says Na­tion­al Se­cu­ri­ty Min­is­ter Stu­art Young.

At yes­ter­day’s post-Cab­i­net me­dia brief­ing he said, “As things de­vel­op and if they de­vel­op in a man­ner that’s not one of calm we - be­ing one of the neigh­bour­ing coun­tries to Venezuela - can ex­pect an in­flux of im­mi­grants.”

La Guerre: Brace for influx of migrants

Po­lit­i­cal an­a­lyst Prof John La Guerre is warn­ing Gov­ern­ment to brace for an in­flux of Venezue­lans seek­ing po­lit­i­cal asy­lum in T&T as the cri­sis in that coun­try un­folds.

La Guerre was speak­ing with Guardian Me­dia, as he weighed in on Venezuela's mount­ing tur­moil, fol­low­ing Wednes­day's protest ac­tion by thou­sands against Pres­i­dent Nico­las Maduro.

Be­tween Wednes­day and Thurs­day, Venezuela re­port­ed 12 deaths and scores in­jured as the cri­sis es­ca­lat­ed.

CARICOM leaders on Venezuela: Non-interference, facilitate dialogue

Twelve CARICOM countries have adopted a position of non-interference and non-intervention in the political impasse in Venezuela.

CARICOM heads of government and foreign ministers met on Thursday evening on the matter.

They've agreed as well to facilitate dialogue with a view towards resolving the crisis.