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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