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Venezuela

Venezuela Takes Flight: International Air Travel Skyrockets

Venezuela has witnessed a remarkable 222% increase in international flight arrivals this quarter compared to last year. This surge supports the government's strategy to rejuvenate...

Nicolás Maduro Gears Up for July Election, Emphasizing a Desire for a Legitimate Win

As the July elections approach, Venezuelan President Nicolás Maduro confidently prepares to face his opponent, Edmundo González Urrutia. Maduro's campaign, brimming with anticipation, publicly shuns electoral fraud, emphasizing a desire for a win grounded in...

The Race for U.S. Sanctions Clearance: Oil Firms’ High Stakes in Venezuela

In the competitive global oil industry, firms in Venezuela urgently seek U.S. licenses to maintain operations beyond May 31. As sanctions are reinstated, these companies...

Venezuela Pushes for Sanctions-Free Economic Zone

On May 14, Venezuela's UN ambassador, Samuel Moncada, announced a notable new initiative aimed...

Venezuela’s Oil Production Soars to Yearly High

Venezuela's oil production reached 878,000 barrels per day in April, hitting its highest level since May of the previous...

Venezuela’s Economic Challenges Ahead of Elections

(Analysis) As Venezuela approaches its pivotal 2024 presidential elections, it stands at a critical juncture, facing severe economic and political challenges. Amidst high inflation and...

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...

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...

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...

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...

Venezuela’s Economic Resurgence in 2024

In a remarkable turnaround, Venezuela's economy is poised to outshine its neighbors, Colombia and Ecuador, with an expected 4%...