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Venezuela’s oldest newspaper avoids shutdown

CARACAS, Venezuela (AP) — Venezuela’s oldest newspaper says it has staved off closure by reaching a deal with a state company guaranteeing it newsprint for at least two more weeks.

El Impulso announced Wednesday that it would stop circulation as of Monday because of falling advertising, mounting inflation and a lack of basic materials. The daily has reported on the western city of Barquisimeto for 110 years.

But newspaper marketing director Gisela Carmona said Thursday it would get enough paper to last through at least another two weeks.

She says it’s not a long-term solution to the newspaper’s overall problems.

At least nine Venezuelan regional newspapers have stopped circulation because of the shortages, according to journalism watchdog Public Space.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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