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 […]

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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 […]

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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 […]

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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 […]

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Venezuela becomes India’s fourth-largest oil supplier so far in june

The Daily Journal — After months of disruptions caused by the conflict between the United States and Iran, India restored normal oil import levels during June. Record shipments from Russia, along with increased supplies from Angola, Iran, Venezuela, Brazil, and the United Arab Emirates, helped offset logistical bottlenecks stemming from the closure of the Strait […]

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Editorial | Venezuela’s Economic Recovery Begins with a Signature

It’s Time for Oil Contracts. Listen to the Editorial audio here: https://clyp.it/1mybbqxi Julio A. López, Editor-in-Chief.— For years, Venezuela discussed sanctions, licenses, restrictions, international litigation, and political disputes. However, for major international oil companies, a much simpler and more practical question exists: What will the rules of the game be? The recent hiring of the […]

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Dinorah Figuera returns from exile at Washington’s request and opens a new phase of negotiations in Venezuela

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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U.S. Prosecutors request postponement of Nicolás Maduro hearing due to security and logistical concerns

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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Venezuelan government signs agreement with General Electric: 1,000 megawatts to join the power grid within two years

The Daily Journal — The strategic agreement signed Monday between the Venezuelan government and General Electric will add 1,000 megawatts to the National Electric System (SEN) within two years and more than 5,000 megawatts over the next four years, President Delcy Rodríguez said. Roger Martella, Chief Corporate Officer of General Electric Vernova, stated that the […]

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John Barrett: single-digit inflation in may shows Trump’s plan for Venezuela “is delivering results”

The Daily Journal — The Chargé d’Affaires of the United States Embassy for Venezuela, John Barrett, stated on Monday that the drop in monthly inflation to 6.3% in May marks a significant achievement for the country’s stability. “In May, Venezuela’s monthly inflation fell to 6.3%, returning to single digits for the first time in more […]

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