Saturday, February 24, 2024

Venezuela

Must “resource cursed” countries always suffer the double jinx of conflict traps?

A “resource cursed” country is one in which an abundance of natural resources fosters worse development outcomes than those without.  Often termed “the paradox...

Venezuela’s National Assembly asks government to expel EU ambassador

Venezuela's National Assembly has called on the government to expel the European Union's ambassador to Caracas, Isabel Brilhante Pedrosa, after the bloc adopted fresh...

Crude oil price rally may face supply side pressure in early 2021

Oil traders are optimistic the start of the deployment of vaccines means that an end to the worst economic ravages of the COVID-19 pandemic...

US offers Venezuela sanctions relief for power-sharing deal

The United States has offered to remove Venezuela’s sanctions if its leaders agree to a power-sharing agreement. Under the plan, presented by US secretary of...

Rosneft sells its Venezuelan assets

Russian state oil giant Rosneft announced on March 28 the termination of its operations in Venezuela and the disposal of its assets, related to...

Venezuela's Maduro indicted on narco-terrorism charges

The United States on Thursday indicted Venezuela’s president Nicolas Maduro and several top aides for "narco-terrorism". It has also offered a $15 million reward...

Venezuela struggles to fight COVID-19 amid humanitarian crisis

At least 70 cases of the coronavirus have been confirmed in crisis-hit Venezuela, which already suffers a dire humanitarian condition, including electricity, food and...

IMF rejects Venezuela's request for $5 bln virus aid

The International Monetary Fund on Tuesday rejected crisis-hit Venezuela's request for a $5 billion loan to help it cope with the  coronavirus pandemic. President Nicolas...

Clashes between Venezuela's opposition and Maduro police

Venezuelan security forces loyal to President Nicolas Maduro have clashed on Tuesday with protesters led by opposition leader Juan Guaido in the country’s capital,...

Venezuela suspends airline over Guaidó flight

Venezuela’s authorities suspended a Portuguese airline on Monday days after it carried opposition leader Juan Guaidó home from an international tour aimed at ousting...

Clash intensifies as MEPs argue over Spain's breach of EU sanctions against Venezuela

European Parliament’s Strasbourg session on Tuesday was heated up by Spanish MEPs who clashed over the Spanish minister’s of Transport meeting with the Vice...

Lavrov visits Venezuela, reiterates Russia’s support for Maduro

Russia's foreign minister Sergey Lavrov visited Caracas on Friday in a show of support for Venezuela’s President Nicolás Maduro. Last week, United States’ president Donald...

Venezuela arrests US oil executives after Guaidó meets Trump

Six American oil executives who were under house arrest in Venezuela have been rounded up by police just hours after US President Donald Trump...

Guaidó seeks stronger EU sanctions on Maduro

Juan Guaidó, opposition leader in Venezuela travelled to Brussels on Wednesday, defying a travel ban, in an effort to give renewed impetus to his...

Armed groups abuse civilians along Venezuela-Colombia border

The rights group Human Rights Watch said that armed groups along the Venezuela-Colombia border subject civilians to killings, forced labor and extortion. The group published...

Venezuelan intelligence raids opposition leader Guaidó’s office

Venezuela's intelligence service raided the offices of opposition leader Juan Guaidó, who arrived in Europe to attend the World Economic Forum in Davos. After disputing...

US, Colombia vow to do more to support efforts to oust Maduro

The United States and Colombia have vowed to increase their support in the efforts of Venezuela’s opposition leader Juan Guaidó to force from power...

Venezuela opposition leader and rival both claim speaker role

Venezuela’s US-backed opposition leader Juan Guaidó and rival Luis Parra both declared themselves speaker of the national assembly on 5 January. Guaidó was aiming to...

OPEC+ oil production cuts, possible US-China trade deal boost oil prices

Supply cuts led by the Organization of Petroleum Exporting Countries (OPEC), US sanctions against Iran and Venezuela and the possibility of a US-China trade...

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