OAS calls for the release of political prisoners in Venezuela, Cuba, and Nicaragua

The Daily Journal — The General Secretariat of the Organization of American States (OAS) issued an official statement on Tuesday highlighting the urgent need to expand democratic and civic space across the hemisphere while directly addressing the institutional crises affecting Cuba, Nicaragua, and Venezuela. In the statement, the multilateral organization stressed that inclusive governance, respect […]

Continue Reading

Venezuela’s oil development will depend on political stability, experts say

EFE — Venezuela’s oil sector development following the opening to foreign investment promoted by the United States will depend largely on political stability in the South American country, several economic experts told EFE on Monday after participating in a forum at the Andrés Bello Catholic University (UCAB). Economist Luis Zambrano Sequín argued that no one […]

Continue Reading

Financial Times: Venezuela prepares record $240 billion debt restructuring

The Daily Journal — Venezuela is preparing to disclose public debt approaching $240 billion, a figure far higher than previous market estimates and one that would make the country the center of the largest sovereign debt restructuring in history, the British newspaper Financial Times reported on Wednesday. According to the financial newspaper, the administration led […]

Continue Reading

Venezuela’s debt: Technical challenge or paralysis?

Alejandro J. Sucre — Venezuela faces one of the most complex sovereign debt restructuring processes in its history. The scale of the challenge is undeniable: years without international audits, debt instruments scattered across multiple jurisdictions, opaque bilateral debt with China and Russia, and arbitration awards issued by the International Center for Settlement of Investment Disputes […]

Continue Reading

The Caracas Stock Exchange: A market in a coma; an economy on alert

The Caracas Stock Exchange stagnates in bolivars and bleeds in dollars while the country looks the other way. Julio A. López.— If the stock market is the thermometer of a nation’s economic health, Venezuela has a high fever, and nobody is taking its temperature. The Caracas Stock Exchange (BVC) is experiencing critical stagnation that raises […]

Continue Reading

John Barrett and Dinorah Figuera hold meeting to discuss new phase of political negotiations

The Daily Journal. — John Barrett, the U.S. Chargé d’Affaires in Venezuela, met with opposition leader Dinorah Figuera, who recently returned to Caracas at the request of the White House to help establish a new negotiating table with the administration of Delcy Rodríguez. Through his official X account, the American diplomat reaffirmed Washington’s recognition of […]

Continue Reading

U.S. Judge postpones Alex Saab hearing for 30 days at defense’s request

EFE.— A federal judge in Miami has postponed for 30 days the hearing originally scheduled for Wednesday for former Venezuelan minister and Colombian businessman Alex Saab, whom U.S. authorities identify as an alleged frontman for ousted Venezuelan president Nicolás Maduro, following a request from his defense team. Judge Enjolique A. Lett rescheduled the hearing to […]

Continue Reading

Fedecámaras and German industry leaders strengthen ties in Berlin to open investment opportunities

The Daily Journal — A delegation from Venezuela’s private sector held a high-level meeting in Berlin with the German Chamber of Commerce and Industry (DIHK). The main objective was to present Venezuela’s investment portfolio and the wide range of business opportunities currently available in the country. The German-Venezuelan Chamber of Commerce (AHK Venezuela) organized and […]

Continue Reading

Delcy Rodríguez defends new diplomatic course with the U.S.: “It is the right path”

The Daily Journal — Acting President Delcy Rodríguez defended the normalization of diplomatic channels with the United States government on Monday during the closing session of the international symposium “The Homeland Is America,” held as part of the bicentennial commemoration of the Amphictyonic Congress of Panama. “International guests have arrived in a Venezuela that we […]

Continue Reading

De la Espriella won the vote of colombians in Venezuela

The Daily Journal — Presidential candidate Abelardo De la Espriella turned the votes of Colombians living abroad into “one of the main pillars of his victory,” according to El Colombiano, which reviewed the map of second-round election results outside Colombia. In Venezuela, De la Espriella secured 19,682 votes (79.67%), compared to 4,911 votes (19.88%) for […]

Continue Reading