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Maduro announces $6bn in Russian investments in Venezuela

The Venezuelan strongman is in Moscow to whip up support from allies to prop up an economy in freefall.

Russian President Vladimir Putin (R) meets with his Venezuelan counterpart Nicolas Maduro at the Novo-Ogaryovo state residence outside Moscow on 5 December 2018. Picture: AFP

MOSCOW - Venezuela's President Nicolas Maduro on Thursday announced $6 billion in Russian investments in his crisis-wracked South American country, after talks with Kremlin officials during a visit to Moscow.

The Venezuelan strongman is in Moscow to whip up support from allies to prop up an economy in freefall. On Wednesday, Russian President Vladimir Putin voiced support for the socialist leader after the two held talks.

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