Is Trump Holding Back On Venezuela Sanctions?
A few days ago, the White House authorized new sanctions against Venezuela – a country struggling under the burden of running a socialist government while the value of its main Continue Reading
Venezuela’s Oil Minister To Discuss OPEC Deal With Saudis, Russians
Venezuela’s Oil Minister Eulogio del Pino, who was appointed again as minister last week, plans to visit Saudi Arabia and Russia ahead of the September 22 meeting of the joint Continue Reading
Venezuela’s PDVSA negotiating Curacao refinery lease, open to China partners
Venezuelan state oil company PDVSA on Thursday said on Friday it was negotiating the continuation of its lease of Curacao’s Isla refinery but was open to Chinese partners following a Continue Reading
Trump administration imposes sweeping sanctions on Venezuela
AP Photo/Ricardo Mazalan CARACAS, Venezuela (AP) — The Trump administration slapped sweeping financial sanctions on Venezuela on Friday, dramatically ratcheting up tensions between the two countries and making it harder Continue Reading
U.S. Toughens Penalties on Venezuela by Curbing Its Access to Funds
The U.S. on Friday restricted the ability of Venezuela to tap American debt markets for funding, marking a significant escalation in Washington’s economic crackdown against Venezuelan President Nicolás Maduro’s cash-strapped Continue Reading
Trump prohibits dealings in new Venezuelan government, PDVSA debt
U.S. President Donald Trump signed an executive order prohibiting dealings in certain Venezuelan public sector debt on to pressure the government of President Nicolas Maduro to halt its “tyranny,” the Continue Reading
Venezuela’s “Oil Fire Sale” To Benefit Russia, China
The focus is the company’s ability to pay bond interest due in two months. Doing so is crucial. But as of this morning, that prospect is dwindling. Along with it Continue Reading
Venezuelan Bonds Fall as U.S. Trading Sanctions Loom
Clashes between opposition protesters and the Bolivarian National Guard in Barquisimeto, Venezuela last month. Venezuelan bond prices tumbled Wednesday as traders grappled with the prospect that U.S. sanctions could restrict Continue Reading
Big Oil Nervous As Venezuela’s Maduro Seizes More Power
The pro-government constitutional assembly loyal to Venezuelan President Nicolas Maduro seized the powers of the opposition-led congress today, in a move that necessarily has Big Oil nervous that Trump will Continue Reading
Venezuela’s constituent assembly assumes power to legislate
Venezuela’s new legislative superbody on Friday gave itself the power to pass laws, superseding the opposition-led congress and fueling criticism by government adversaries that socialist President Nicolas Maduro is consolidating Continue Reading