IMF and Venezuela Discuss Technical Assistance and the Return of Annual Consultations

The Daily Journal — The International Monetary Fund (IMF) and representatives of the Venezuelan government held a high-level meeting in Washington last weekend to define areas for immediate technical cooperation. The meeting advanced efforts to resume the periodic bilateral consultations known as Article IV consultations, through which the IMF formally assesses the financial health of […]

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New Attorney Joins Nicolás Maduro’s Legal Defense Team

The Daily Journal — The legal defense team representing Nicolás Maduro and his wife, Cilia Flores, has expanded with the addition of attorney Anna Estevao before the U.S. District Court for the Southern District of New York. Estevao has earned recognition in federal criminal law after serving on the defense team of rapper and music […]

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Venezuela to Restructure National Assets: Auctions, Stock Market Listings, and Return of Seized Properties

The Daily Journal — The Special Commission for the Evaluation and Classification of Public Assets, recently created by Venezuela’s acting president, Delcy Rodríguez, is developing strategies to restructure the nation’s assets. Businessman Luigi Pisella, a member of the commission, revealed that the plan includes returning properties affected by unfinished expropriation processes, opening key sectors such […]

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India Raises Multi-Million-Dollar Debt Claims Against Venezuela During Delcy Rodríguez Visit

The Daily Journal — The Government of India confirmed that discussions during Venezuelan Acting President Delcy Rodríguez’s visit to New Delhi included one central issue: outstanding debts owed to Indian companies, especially in the oil and pharmaceutical sectors, most of which accumulated before and during international sanctions on Caracas. During a press briefing, Rudrendra Tandon, […]

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India Seals Oil Alliance with Venezuela Amid Rising Tensions in the Middle East

The Daily Journal — India formalized its strategy to deepen energy ties with Venezuela after the official meeting between Prime Minister Narendra Modi and Acting President Delcy Rodríguez. Indian authorities described the relationship between the two countries as strategic, driven by the urgent need to secure energy supplies. During a special press briefing, Shri Rudrendra […]

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Bloomberg: IMF Names New Mission Chief for Venezuela as Economic Ties Resume

The Daily Journal — The International Monetary Fund (IMF) appointed Spanish economist Álvaro Piris Chavarri as its new mission chief for Venezuela, according to sources familiar with the matter cited by Bloomberg. The move signals progress toward rebuilding the institution’s relationship with the country after years of distance. Piris brings a background in macroeconomics and […]

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JPMorgan and Jefferies Organize Trips to Caracas Amid Growing International Investor Interest, According to Bloomberg

Bloomberg — JPMorgan Chase & Co. and Jefferies Financial Group Inc. are organizing trips to Caracas as investor demand grows for firsthand insight into Venezuela’s efforts to revive its oil-rich economy and restructure its debt after years of isolation. Executives from Jefferies traveled to the South American country this week and are considering another visit […]

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Authorities Release 29 Workers from Turkish-Venezuelan Mining Company After 14 Months in Detention

The Daily Journal — Authorities released 29 workers from the Turkish-Venezuelan joint mining company Mibiturven on Wednesday night after they spent one year and two months in detention, according to the non-governmental organization Foro Penal. Prosecutors had accused the employees of several offenses, including trafficking in strategic materials. Foro Penal Vice President Director Gonzalo Himiob […]

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Quero Navas Case: Family Rejects Prosecutor’s Forensic Report and Alleges Irregularities

The Daily Journal — Gabriel José Quero Navas, acting on behalf of his family, issued a statement on Wednesday, June 3, rejecting the official report that Venezuela’s Public Prosecutor’s Office recently released regarding the investigation into the death of his brother, Víctor Hugo Quero Navas, who died while in state custody approximately one year ago. […]

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Narendra Modi Receives Delcy Rodríguez to Strengthen India’s Energy Security

The Daily Journal — Indian Prime Minister Narendra Modi welcomed Venezuelan Acting President Delcy Rodríguez with a red-carpet reception on Thursday at the iconic Hyderabad House. The high-level meeting aims to deepen bilateral trade and secure crude oil supplies for the Asian nation amid severe disruptions in global energy markets. Indian Foreign Minister Subrahmanyam Jaishankar […]

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