Venezuela’s Maduro Names Merentes as Finance Head in Cabinet

Venezuelan President Nicolas Maduro named his Cabinet yesterday after this month’s election victory, appointing Nelson Merentes finance minister of the South American country.

Previous finance chief Jorge Giordani, the longest-serving minister under former President Hugo Chavez, was named planning minister, Maduro said in a television address, adding that he had re-appointed Rafael Ramirez as oil minister.