What will happen to Venezuela’s funds frozen abroad?

The Daily Journal.— Following the events of January 3, 2026, and amid changing relations between Venezuela and the United States, the fate of Venezuelan state funds frozen abroad has once again become a major issue. According to Bloomberg, Washington is considering a partial release of frozen assets, estimated at between $20 billion and $30 billion, […]

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At least 1,579 people remain missing after earthquakes, La Guaira governor says

The Daily Journal.— At least 1,579 people remain missing following the June 24 earthquakes, a disaster that has claimed 6,125 lives, according to La Guaira Governor José Alejandro Terán, who spoke Tuesday with Colombia’s Caracol Radio. The governor said the figures come from a census currently underway in the disaster zone. “Based on the information […]

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National Guard commander calls for loyalty to Delcy Rodríguez

The Daily Journal.— Juan Sulbarán Quintero, commander general of the Bolivarian National Guard (GNB), called on members of the force Tuesday to remain loyal to Acting President Delcy Rodríguez as seven months passed since the U.S. military operation that resulted in Nicolás Maduro’s capture. “We have a duty to fulfill, and we must remain loyal […]

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Spanish court requests “comprehensive” report on Venezuelan capital in Plus Ultra airline

EFE.— The judge leading Spain’s Plus Ultra investigation has requested a comprehensive report on the airline’s ownership changes since 2017, the year Venezuelan capital entered the Spanish carrier. Authorities are investigating Plus Ultra over a state rescue loan and an alleged influence-peddling scheme that reportedly involved former Spanish Prime Minister José Luis Rodríguez Zapatero. Prosecutors […]

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OFAC delays authorization for PDVSA 2020 bond transactions until September

The Daily Journal — The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License 5Y on Monday, authorizing certain transactions related to the 8.5% PDVSA 2020 bond, effective September 17, 2026. The new license replaces General License 5X, which OFAC issued on June 18, 2026, and which had set August […]

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Trump: The Venezuela labyrinth

Dr. Juan Barreto, The Daily Journal Director for Venezuela and Latin America — It seems that matters have become increasingly complicated inside the White House: nothing personal, just business. A struggle has erupted over the division of the spoils that Venezuela now generates following the military operations that removed Nicolás Maduro and installed a transitional […]

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Trump praises Chevron’s return to Venezuela and predicts major profits

The Daily Journal — U.S. President Donald Trump praised Chevron’s return to Venezuela and said the American oil company now operates in the country “much bigger and stronger than ever,” with expectations of generating substantial profits. He credited his administration’s policies for the company’s performance. “They threw Mike and Chevron out of Venezuela, but now […]

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Venezuela needs up to $2.3 billion to revive its aluminum industry

The Daily Journal — Venezuela would need between $1.6 billion and $2.3 billion to restore its aluminum industry, according to estimates that industry experts presented during a conference organized by the IDEAS for Venezuela Group. Roberto Arredondo, an international aluminum market specialist, said the latest estimate exceeds the figures from a 2024 McKinsey study, which […]

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Venezuela’s oil exports fall in July as indian demand declines

The Daily Journal — Venezuela’s oil exports declined in July as demand from India weakened after the ceasefire in the conflict involving Iran allowed Middle Eastern crude cargoes stranded in the Persian Gulf to reach international markets, Bloomberg reported. July data tracked by Kpler Ltd. show that shipments of Venezuelan crude to India, one of […]

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Nutresa sees Venezuela as a key driver of international growth after acquiring Tío Rico

The Daily Journal — Food conglomerate Grupo Nutresa expects Venezuela to become one of its main growth engines within the next two to three years, according to company president and banker Jaime Gilinski in an interview published by El Colombiano. The company’s strategy in Venezuela includes the acquisition of the Tío Rico ice cream brand […]

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