The Daily Journal. — In a development that reshapes Venezuela’s political landscape, opposition leader Dinorah Figuera returned to the country on Thursday after years in exile. Acting as the representative of the lawmakers elected in 2015, she reached an agreement with Jorge Rodríguez to establish a “parity-based technical and political working group” to support a […]
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The Venezuelan currency has lost half of its value against the U.S. dollar so far in 2026, while cumulative inflation has climbed above 100% and wages remain frozen. By Neirlay Andrade Venezuela’s official exchange rate crossed the 600-bolivar threshold on Thursday, marking a milestone that threatens to accelerate the erosion of purchasing power for millions […]
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AFP. — Spanish police reported on Thursday that officers arrested 17 people who posed as members of the Tren de Aragua criminal organization to threaten Venezuelan women and force them into prostitution after luring them to Spain under pretenses. The organization targeted vulnerable women in Venezuela and arranged what it presented as tourist trips to […]
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The Daily Journal. — U.S. corporations White Hilt Capital and Sunergon Oil Operating have formed a strategic alliance to support the development, production, and export of oil and gas in Venezuela’s Orinoco Oil Belt. Alejandro Terán Martínez, president of the Latin American Association of Oil Professionals of Texas (ALEP) and chief executive officer of Sunergon, […]
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The Daily Journal — The U.S. Embassy in Caracas highlighted on Wednesday a series of agreements that Venezuela signed with U.S.-owned corporations, primarily aimed at stabilizing the national power grid and reviving electricity generation. Through its official X account, the diplomatic mission praised the introduction of American technology and engineering to address deficiencies in the […]
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Óscar Reyes Matute— A senior U.S. official leaked to The NY Times (under anonymity and via telephone) the full text of the agreement to cease hostilities, open the Strait of Hormuz, and initiate nuclear talks. Journalists from the newspaper annotated this Islamabad Memorandum of Understanding, introducing underlying analyses. Memorandum clauses and expert analysis Paragraph 1: […]
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The Daily Journal — Federal prosecutors for the Southern District of New York formally requested a postponement of the upcoming status conference in the criminal case against former Venezuelan President Nicolás Maduro Moros and his wife, Cilia Flores de Maduro. Defense counsel for both defendants expressly agreed to the request. Federal prosecutor Jay Clayton submitted […]
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The Daily Journal — Petróleos de Venezuela S.A. (Pdvsa) and Spanish energy corporation Repsol signed a new Memorandum of Understanding on oil and gas cooperation this Tuesday at Miraflores Palace in Caracas. According to official information, the agreement seeks to drive a large-scale revival of Venezuela’s hydrocarbon industry. Officials finalized the deal during a high-level […]
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Óscar Reyes Matute— Is there a signed peace agreement—or one pending signature—between Iran and the United States? No. Iran terms it a “memorandum of understanding,” which is slated to be signed on Friday the 19th, if it is signed at all. Only subsequent to that would formal peace “negotiations” commence, subject to a 60-day window. […]
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The debate over formal dollarization in Venezuela continues to divide public opinion as the country struggles with exchange-rate instability and the constant erosion of purchasing power. Economist Manuel Sutherland examines the issue critically, weighing the benefits and costs of abandoning the national currency. Neirlay Andrade The grassroots demand: Why do labor unions want the dollar? […]
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