Not all the goods harvested in artisanal boats leaving from the Venezuelan Caribbean to U.S. markets prompt military action like the one ordered by Donald Trump last August. In fact, the tajalí (Trichiurus lepturus) is… Venezuelan Fishing Industry Exposes Hypocrisy in Trade Practices Amid Global Sanctions
The anticipation surrounding the CITGO auction remains high due to recent developments. On one hand, the Venezuelan parties have filed a motion to disqualify the judicial expert, Robert B. Pincus; on the other, Gold Reserve… CITGO Auction Under Threat as OFAC Blocks PDVSA 2020 Bondholders from Interference Amid Allegations of Corruption and Mismanagement
In the latest episode of “Desde USA con Dámaso Jiménez,” we dive into the impactful documentary “PDVSA: A Story of Growth, Collapse, and Hope,” directed by renowned filmmakers Thaelman Urgelles and Mariela Roncayolo. This production… The Decline of Venezuela’s Oil Giant Under Political Corruption and the Quest for Renewal
After more than a quarter of a century in power, the Chavista autocracy is going through one of its most erosive moments. The electoral fraud following the loss in the 2024 presidential elections has left… Chavismo’s Erosion Exposes Venezuela’s Fragile Path to Democracy
The authorities in Port of Spain have tried to downplay the public impact, but sources in the private sector and energy analysts indicate that, without access to volumes from Dragon or quick contractual adjustments, the… Venezuela and Trinidad’s Energy Deal Collapse Signals Dire Economic Risks Amid Geopolitical Tensions
The drug lord chose to go to trial rather than reach a deal with the prosecution. He never considered becoming a collaborator with the Justice Department. He went to trial, was found guilty, and now… The Reluctance of ‘El Gordo’ to Cooperate Highlights the Cártel de los Soles’ Grip on Venezuela’s Power Dynamics
Gold Reserve Raises Serious Allegations of Corruption in CITGO Auction The Canadian miner Gold Reserve (GRZ.V) has filed a formal complaint in a federal court in Delaware (USA) on Monday, asserting that advisors involved in… Gold Reserve Exposes $170 Million Shadow Payments in CITGO Auction Raising Serious Conflict of Interest Concerns in Delaware
Amid the increasing tension between Caracas and Washington, President Nicolás Maduro’s government has instructed Petróleos de Venezuela (PDVSA) employees to refrain from using the WhatsApp messaging app for work communications. This measure, aimed at “protecting… Maduro Bans WhatsApp at PDVSA Mandating Use of Telegram and WeChat Under the Pretext of National Security
In a landmark ruling that shakes the financial foundations of Nicolás Maduro’s regime, federal judge Katherine Polk Failla of the Southern District of New York (SDNY) ordered Petróleos de Venezuela S.A. (PDVSA) to pay $2.86… Judicial Blow to PDVSA: Court Mandates $2.86 Billion Payment to Bondholders
Arrested in Switzerland in June 2022 and extradited to the United States in August of the same year, the Argentine businessman was sentenced to 30 months in prison. His process included a multi-million dollar bail,… Luis Fernando Vuteff’s Fall from Grace Highlights Dark Ties to PDVSA Corruption Scheme
In a twist that feels like a scene from a financial espionage novel, American victims of kidnappings carried out by Colombia’s FARC are set to receive compensation with money stolen from the Venezuelan people by… Corruption Comes Full Circle as FARC Victims Stand to Gain from Chavista Loot in a Pathetic Twist of Justice
When the opposition against Nicolás Maduro’s government in Venezuela seemed once again feeble and hopeless, the Nobel Peace Prize awarded to its leader, María Corina Machado, rekindles hope. The Norwegian Nobel Committee chose Machado this… BBC Interview with Maria Corina Machado Unveils Venezuela’s Dire Reality amidst Nobel Peace Prize Honor
Venezuela boasts the largest gas reserves in Latin America, yet lacks the capacity to export. Currently, it faces a historic opportunity to develop its gas sector and enhance regional integration through gas pipelines. Guacamaya, October… Venezuela’s Neglect of Gas Reserves Risks Regional Integration and Economic Growth
On September 5th, somewhere in the southern Caribbean Sea, two F16 fighter jets from the Bolivarian Military Aviation (AMB; previously the Venezuelan Air Force, FAV) flew over the USS Jason Dunham destroyer of the U.S.… Venezuelan Military Officers Manipulate State Resources While Provoking US Naval Operations
The parties from Venezuela submitted a motion to disqualify the judicial expert in the CITGO auction before the Delaware Court, regarding the case of Crystallex International Corp. against the Bolivarian Republic of Venezuela concerning the… Venezuelan Parties Target Judicial Expert in CITGO Auction Amid Amber’s Claims of Superior Offer