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Team Biden Considers Reinstating Oil Sanctions On Venezuela Over Election Concerns: Report
Wednesday, April 17, 2024 - 8:29am | 615The U.S. President Joe Biden‘s administration may consider reimposing oil sanctions on Venezuela, as President Nicolas Maduro has allegedly not fulfilled his commitments regarding free and fair elections. What Happened: The U.S. is on the brink of reinstating oil sanctions on Venezuela,...
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Palestinian Leader Voices Criticism of Hamas, Official News Agency Later Retracts Controversial Remarks
Monday, October 16, 2023 - 1:45am | 476The Palestinian Authority’s official news agency, WAFA, published and then revised comments by President Mahmoud Abbas in a discussion with Venezuelan President Nicolas Maduro. The original comments criticized Hamas, but later removed any reference to the group....
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Biden Administration Considers Easing Sanctions On Maduro Regime For Transparent Venezuelan Elections
Wednesday, August 23, 2023 - 3:49pm | 461The Biden administration is engaged in talks with Venezuela, exploring the possibility of a temporary lifting of crippling sanctions in exchange for a commitment to hold fair elections next year. Preliminary discussions have commenced, with senior officials from both the U.S. and Venezuela involved...
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Thousands Of Venezuelans Fleeing Maduro's Rule Pile Up On US Border As Title 42 Expires
Friday, May 12, 2023 - 5:32am | 443Thousand of migrants, mostly from Venezuela, have been streaming toward two massive gates that open into the U.S. as Washington lifts its pandemic-era asylum restrictions. What Happened: Migrants rushed across the Mexico border as the U.S. lifted its Title 42 restrictions imposed in 2020 that...
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Biden's Largest Prisoner Swap: Venezuela Frees Seven Americans, Brittney Griner's Turn? Still Complicated
Sunday, October 2, 2022 - 9:49pm | 499Saturday Venezuela freed seven U.S. citizens, including five oil executives, in exchange for two relatives of Venezuelan President Nicolás Maduro who’d been in prison since 2015 on drug convictions. The swap, so far the largest arranged by President Biden’s...
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US Indicts Venezuelan President Maduro On Drug Trafficking Charges
Thursday, March 26, 2020 - 12:17pm | 318The United States has charged Venezuela President Nicolás Maduro and a number of other senior officials with drug trafficking crimes, offering a $15 million reward for information leading to the arrest of Maduro. The decision was announced by U.S. Attorney General William Barr....
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Violence Erupts In Venezuela Power Struggle
Tuesday, April 30, 2019 - 3:21pm | 772Venezuelan opposition leader Juan Guaidó and a small group of armed troops took to the streets of Caracas Tuesday in an attempt to oust socialist leader Nicolás Maduro. Guaidó appeared alongside a few dozen National Guard soldiers at a military base and...
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Oil Falls After Trump Says Prices Are Too High, Tells OPEC The 'World Cannot Take A Price Hike'
Monday, February 25, 2019 - 11:33am | 499U.S. stocks opened higher on Monday after President Donald Trump announced he would be delaying higher tariffs on imported Chinese goods beyond a March 1 deadline as trade negotiations continue between the two countries. However, oil stocks dipped when Trump followed up his trade announcement with...
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How The Venezuela Political Crisis Impacts The Oil Market
Thursday, January 24, 2019 - 11:50am | 507Oil prices remained mostly flat Thursday morning as investors try to figure out how political turmoil in Venezuela could impact the oil market. What Happened On Wednesday, U.S. President Donald Trump said the U.S. officially recognizes opposition leader Juan Guaido as the interim president of...
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US Crude Oil Could Rise On Venezuelan Sanctions
Friday, February 23, 2018 - 2:33pm | 398After OPEC's agreement to extend crude oil production cuts throughout 2018, oil prices may soon get yet another boost if the U.S. applies sanctions on Venezuela in response to President Nicolas Maduro’s calls for a snap election. The U.S. will likely seek to delay the Venezuelan election...
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One Reason Trump May Not Ban Oil From Brutalized Venezuela? US Gas Prices Would Shoot Up
Wednesday, August 2, 2017 - 2:24pm | 664Here’s one reason President Donald Trump hasn’t hit Venezuelan ruler Nicolas Maduro where it would hurt the most: banning the supplier of 10 percent of America’s oil would cause gas prices to skyrocket, further eroding the president’s popularity. Philip Verleger, an energy...
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Will Trump Ban Oil From Violence-Torn Venezuela? President Faces Tough Foreign Test
Tuesday, August 1, 2017 - 12:09pm | 837President Donald Trump is expected to announce whether the United States will limit or ban oil from its third-biggest exporter, Venezuela, a country of 31 million people that has descended into dictatorship and disorder. News agencies reported widely out of Washington that Trump would make an...
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Barclays' Security Advisers Cancelled A Planned Trip To Venezuela Because It Was 'Unwise'
Thursday, August 11, 2016 - 9:47am | 337Investing in Venezuela is a risky proposition given the country's crashing economy, a government riddled in corruption, an inflation rate that could reach 720 percent in 2016 and a country-wide shortage of food. According to Bloomberg, Barclays recently cancelled a trip with money managers...
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Debunking Myths About The Crisis In Venezuela: An Insider's Perspective
Friday, July 22, 2016 - 3:41pm | 792After three years as a correspondent in Venezuela, BBC’s Daniel Pardo decided to share a look into five myths he’s identified in relation to the country’s situation, as perceived by people abroad. Those up-to-date with the news know that almost every mainstream media outlet paints...
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The Great Beer Catastrophe: Venezuela's Economic Crisis Has Sobering Consequences
Wednesday, June 8, 2016 - 2:33pm | 296Just when it looked like things couldn’t get much worse for economically-ravaged Venezuela, residents may no longer be able to drown their sorrows. Empresas Polar SA, maker of 80 percent of the beer consumed in Venezuela, is shutting down its last plant this Friday. The company said the...