As post-pandemic inflation gripped the global economy and Russia’s invasion of Ukraine caused energy costs to spike, the United States sought to expand the oil available on world markets by easing sanctions on oil-rich Venezuela. The sanctions date from 2005, when the US slapped them on...
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Venezuela’s top court this week suspended the results of the opposition’s recent primary election, a move that will likely hinder the participation of opposition candidates in next year’s presidential vote, the Associated Press reported. The ruling is centered on the opposition’s primary vote on Oct. 22...
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Venezuelan conservative politician Maria Corina Machado won the opposition’s first presidential primary this week, a victory that could see her challenging socialist incumbent Nicolás Maduro in next year’s presidential elections, the Washington Post reported. Results showed that Machado secured more than 92 percent of the vote...
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The United States and Venezuela reached a deal this week that will see Washington ease sanctions on the oil-rich South American country, in return for Caracas allowing a competitive and internationally monitored presidential election next year, the Guardian reported. The sanctions will be relaxed once Venezuelan...
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Venezuelan authorities issued an arrest warrant for opposition leader and former interim President Juan Guaido this week, a move that critics say is another attempt to crush the opposition ahead of next year’s elections, CNN reported. Venezuelan Attorney General Tarek William Saab accused Guaido of misusing...
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Venezuelan voters are supposed to go to the polls sometime next year to elect a new government. It’s not actually certain that a ballot will be held, however. That said, as Americas Quarterly wrote, even if an election is held, “chavismo” – or the legacy...
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Colombian authorities expelled Venezuelan opposition figure Juan Guaidó this week after the former parliamentary leader sought to participate in a summit in Bogotá, Colombia, aimed at resolving the ongoing crisis in Venezuela, Agence France-Presse reported. Guaidó said in a statement Monday that he had walked across...
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Venezuela’s opposition voted to dissolve the country’s interim government this week, putting an end to the leadership of Juan Guaidó, who had been attempting to oust the authoritarian government of socialist President Nicolás Maduro for years, the New York Times reported. The vote was the second...
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The Venezuelan government and opposition politicians agreed this week to create a United Nations-managed fund to finance programs for the country’s poor, as both sides are holding talks to resolve the ongoing crisis in the South American nation, the Associated Press reported. Signed in Mexico’s capital,...
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Leftist Colombian President Gustavo Petro met with his Venezuelan counterpart Nicolás Maduro in the Venezuelan capital of Caracas this week, the first bilateral talks between the two leaders as they seek to normalize relations after a three-year break between the two countries, the Associated Press...
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Venezuela lost its seat on the United Nations Council of Human Rights this week, a move hailed by human rights activists and Venezuelan opposition groups as a symbolic victory against the government of President Nicolás Maduro, CNN reported. The South American country had held a seat...
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Venezuela freed seven US citizens imprisoned in the country over the weekend, a move that underscores recent efforts by the Biden administration to mend ties with the oil-rich South American nation, CBS News reported. The release was part of a prisoner swap that saw two nephews...
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Colombia and Venezuela formally restored relations Monday, ending a three-year-long diplomatic impasse between the two neighboring countries, Bloomberg reported. The restart of relations comes less than a month after leftist Colombian President Gustavo Petro took office. Petro – the country’s first leftist leader – vowed to...
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The UK’s High Court ruled against the Venezuelan government over the weekend in a long-running case pitting President Nicolás Maduro’s regime against his rival, Juan Guaidó, for control of Venezuela’s gold reserves, Agence France-Presse reported. The case centers on demands from President Maduro’s government to...
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Venezuela’s government and opposition groups will restart stalled negotiations, an announcement made shortly after the United States said it would ease sanctions against the South American nation, NBC News reported. On Tuesday, the Biden administration said it would provide minor sanction relief in exchange for continued...
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Venezuela is planning to attract private investors to pump money into its essential but crippled state-run firms, a move analysts consider a major reversal after the country’s socialist government seized them years ago, the Associated Press reported. The government will begin offering five to 10 percent...
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Senior US officials met with representatives of Venezuela’s government this week to discuss the possibility of easing sanctions involving Venezuelan oil exports as Washington considers a ban on imports of Russian oil and gas following Moscow’s invasion of Ukraine, the Hill reported. The meeting is considered...
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