Key points of Venezuela’s new legal framework for construction and rental housing

The Daily Journal.- Following the June 24 seismic event, concerns over housing safety, the future of construction projects, and protections for tenants and property owners have moved to the center of the legislative debate. Amid speculation about potential land seizures in high-risk areas or expedited evictions, lawmaker Alejandra Rodríguez, second vice president of the Special […]

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Recovery of Venezuela’s oil industry will require at least US$100 billion and a decade of work

The Daily Journal.- Rebuilding Venezuela’s energy infrastructure, which has suffered severe damage from corrosion and years of accumulated deterioration, will require multibillion-dollar investments that industry estimates place between US$100 billion and US$220 billion. Economist Francisco Monaldi, director of the Latin America Energy Program at Rice University’s Baker Institute for Public Policy, estimates that the minimum […]

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No shortcuts, no illusions: the political game returns to the negotiating table

By José Gregorio Yépez A new round of talks between the opposition and the government is about to begin. What can we expect? Judging by what Dinorah Figuera said over the weekend, this new dialogue seemed to begin with a phone call. Yet Jorge Rodríguez’s August 1 statement made one thing unmistakably clear: the talks […]

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Opacity and endless debt

By Dr. Juan Barreto, Director of The Daily Journal for Venezuela and Latin America Many are talking—or choosing not to talk—about Venezuela’s external debt. International agencies such as Reuters, Bloomberg, and several British financial publications place the country’s debt at an astronomical $240 billion, while other voices in the economic community, such as Miguel Rodríguez, […]

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Dinorah Figuera arrives in Venezuela to resume negotiations with Jorge Rodríguez

The Daily Journal.— Following the suspension of talks on Aug. 1, 2015, National Assembly President Dinorah Figuera arrived in Venezuela through General José Antonio Anzoátegui International Airport in Barcelona to resume dialogue with Jorge Rodríguez. Accompanied by a parliamentary delegation, Figuera said she takes on the process with “great expectations” and reaffirmed her commitment to […]

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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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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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U.S. frames new political dialogue within Trump’s three-phase plan

The Daily Journal.— The U.S. Department of State endorsed the start of talks between the Venezuelan government and the opposition delegation led by Dinorah Figuera, placing the process within the strategy that President Donald Trump’s administration has outlined for Venezuela. In a press statement released Monday, spokesperson Thomas Pigott confirmed U.S. support for the initiatives […]

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Who are the PSUV negotiators for the dialogue with the 2015 National Assembly?

The pro-government delegation brings together the Chavista movement’s chief political strategist, a former foreign minister, two lawmakers, a key party organizer, and a representative of the coexistence program promoted by Delcy Rodríguez. The Daily Journal – Delcy Rodríguez’s administration has assembled its team for the dialogue table with the National Assembly elected in 2015. Jorge […]

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