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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 has accumulated from a variety...
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% growth in 2024.
This growth exceeds...
Venezuela’s Strategic Shift to Cryptocurrency for Oil Trading
Venezuela, faced with mounting international sanctions, is now turning to cryptocurrency for oil trading, according to local media.
This represents a significant shift away from...
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, Jorge Márquez served as the...
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 Urrutia, a former ambassador to...
Deepening Energy Relations: Venezuela and UAE Forge Ahead
As twilight fell over Caracas, President Nicolás Maduro warmly welcomed UAE's Minister of State for Foreign Trade, Thani Bin Ahmed Al Zeyoudi, at Miraflores...
Renewed US Sanctions Stir Economic Tension in Venezuela
The United States has reactivated stringent sanctions on Venezuela's oil industry, casting shadows over its economic future.
This abrupt policy shift strips Venezuela of a...
Brazil and Colombia Push for Democratic Process in Venezuela
On Wednesday, April 17, 2024, Brazil and Colombia stood united in their support for a peaceful resolution in Venezuela.
They advocated for a negotiated agreement...
New Era of Air Connectivity: Venezuela and China
In an announcement made by Ramón Velásquez Araguayán, Venezuela's Minister of Transport, a new air travel chapter unfolds.
Both nations have agreed on protocols for...
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 Maduro's failure to comply with...
Venezuela’s Air Travel Awakens from Its Slumber
Venezuela's air travel sector is witnessing a significant revival, marked by enhanced national and international connectivity.
This resurgence, driven by the reopening of long-dormant airports...
Venezuelan Navy Launches New Iranian Missile Workshop
The Venezuelan Navy has taken a significant step forward in enhancing its maritime capabilities with the inauguration of a new facility dedicated to Iranian-made...
Diplomatic Fallout: Venezuela Closes Embassy and Consulates in Ecuador
On April 16, following the arrest of former Ecuadorian Vice President Jorge Glas, Venezuelan President Nicolás Maduro ordered the closure of his country's embassy...