Venezuela
Venezuela Sees Lowest Inflation in Over a Decade
Venezuela's cumulative inflation rate for January until April 2024 is the lowest since 2012 at 6.3%.
This achievement marks a departure from severe hyperinflation, like...
Sanctions and Diplomacy: U.S. Revisits Venezuela Policy
The United States is reevaluating its sanctions on Venezuela due to recent political developments.
This reassessment follows the revocation of an oil license two weeks ago, as Nicolás Maduro's government did not comply.
Brian Nichols, the...
Venezuela Faces $2 Billion Loss From US Sanctions in Early 2024
Venezuela reported it encountered severe economic challenges in early 2024, with losses exceeding $2 billion.
These setbacks stem from the US reinstating sanctions on the...
Renewed Interest in Venezuelan Bonds
Venezuelan bonds have surged to a three-month peak, prompted by JPMorgan Chase reintroducing them...
Venezuela’s $154 Billion Debt Challenge: Toward a Complex Restructuring
Venezuela stands on the cusp of tackling its formidable $154 billion debt, presenting a complex restructuring challenge.
This vast sum...
Strengthening Bonds: Iran-Venezuela Deepen Ties
In a significant diplomatic encounter, Venezuelan President Nicolás Maduro warmly greeted a distinguished Iranian delegation in Caracas.
The delegation was led by Ayatollah Reza Ramezani,...
Cabinet Reshuffle in Venezuela
Venezuelan President Nicolás Maduro recently announced a reshuffle of key government positions to tackle public service management challenges.
Since 2017,...
Venezuelan Opposition Rallies Behind Edmundo González Urrutia for Presidency
In a significant move, the Venezuelan opposition has united behind Edmundo González Urrutia, endorsing him as their presidential candidate.
González...
Deepening Energy Relations: Venezuela and UAE Forge Ahead
As twilight fell over Caracas, President Nicolás Maduro warmly welcomed UAE's Minister of State...
New Era of Air Connectivity: Venezuela and China
In an announcement made by Ramón Velásquez Araguayán, Venezuela's Minister of Transport, a new air...
U.S. Reinstates Sanctions on Venezuela Citing Election Agreement Breaches
The Biden administration has ended a six-month leniency period by reinstating oil sanctions on Venezuela.
This action follows President Nicolás...
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