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Election Tensions Rise in Venezuela Amidst Agreement Risks

President Nicolas Maduro's warning about the Barbados agreements being at risk adds to Venezuela's tense political situation. These deals, signed last year between the government...

Progress in the Guyana-Venezuela Esequibo Dispute

Guyana and Venezuela's foreign ministers, Hugh Todd and Yván Gil Pinto, respectively, will meet in Brasília on January 25, 2024, to discuss the Esequibo...

Mexico and Venezuela Sign Energy Partnership

Representatives from Mexico's Petróleos Mexicanos (Pemex) and Venezuela's Petróleos de Venezuela S.A. (Pdvsa) signed a significant agreement. This memorandum of understanding marks the start of...

Venezuela’s Industrial Sector Eyes 10% Growth in 2024

The Venezuelan Confederation of Industrialists (Conindustria) forecasts a potential 10 percent growth for the industrial sector in the upcoming year, contingent on the continuation...

U.S. Court Decision in Citgo-Venezuela Case

Yesterday, a U.S. court made a crucial decision in the Citgo Petroleum case. It accepted claims worth $20.8 billion against Venezuela. These claims, reduced from...

Brazil Deploys More Armored Vehicles to Venezuelan Border

Brazil's 4th Mechanized Cavalry Brigade commenced a key operation with over 200 soldiers and 85 vehicles near Venezuela's border in Boa Vista on January...

PDVSA’s 2024 Strategy – Revitalizing Venezuela’s Oil Sector

In 2024, Venezuela's national oil company, PDVSA, is undertaking a significant initiative to boost its crude oil production. This plan is integral to reviving the...

Venezuela’s Strategic Economic Shift: Álex Saab’s Appointment

Venezuelan President Nicolás Maduro appointed Álex Saab as the head of the country's international investment center on January 16, 2024. This move, reported by Bloomberg...

Venezuela’s Economic Upswing in 2023-2024

In 2023, Venezuela's economy saw significant growth, exceeding 5%, and it's projected to reach about 8% in 2024, as stated by President Nicolas Maduro. This...

Argentina Surpasses Venezuela with 211% Inflation in 2023

Argentina recorded an unprecedented annual inflation rate of 211% in 2023, a peak not seen since the early 1990s. Authorities released this data on Thursday....

Venezuela and Mexico Forge Energy Alliance

Venezuela and Mexico, two prominent players in the global energy sector, are joining forces to enhance their oil and natural gas industries. Venezuela's PDVSA and...

Venezuela’s Inflation Shift

In 2023, Venezuela saw its inflation rate drop to 193%, a significant change that might reposition it below Argentina in global rankings. Led by Nicolás...

Blinken’s Visit Sparks Mexico-Venezuela Migration Pact

Recently, Mexico restarted repatriation flights for Venezuelan migrants as part of a bilateral agreement with Venezuela. The decision came after high-level talks with U.S. officials,...

Venezuela Bolsters Forces Amid Esequibo Tensions

Venezuela's military response to a perceived UK threat marks a significant moment in the ongoing Esequibo region dispute. The Venezuelan National Bolivarian Armed Forces (FANB)...

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