Venezuela ranked among India’s leading oil suppliers in August, as the country imported an average of 4.5 million barrels per day. The Daily Journal.- Venezuelan oil accounted for 9% of India’s crude imports in August, according to the monthly report that the Organization of the Petroleum Exporting Countries (OPEC) released on Tuesday. The oil-producing group […]
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The Daily Journal.- Venezuela increased its oil production to 1.15 million barrels per day in September, according to the monthly report that the Organization of the Petroleum Exporting Countries (OPEC) released on Tuesday. OPEC data show steady growth over the past three months. Production rose from 1.125 million barrels per day in July to 1.133 […]
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The Daily Journal.- The Central Operational Unit (UCO) of Spain’s Civil Guard is investigating whether Venezuela’s acting president, Delcy Rodríguez, supplied gold to illegally finance the Spanish Socialist Workers’ Party (PSOE). According to a report by El Español, the alleged deliveries took place in 2020. They involved 24-karat gold coins bearing the likeness of Simón […]
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The IMF expects Venezuela’s GDP to grow by 7% in 2027, while average annual inflation will decline to 174%. The Daily Journal.- The International Monetary Fund (IMF) projects that Venezuela’s economy will grow by 5% in 2026 and 7% in 2027. However, the organization expects inflation to reach 467.9% by the end of this year, […]
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The Daily Journal.- Heavy crude and other grades of oil have accumulated across the Americas in recent weeks as historically high maritime freight rates have hindered exports to Asia and Europe. This market paradox has left Asian and European buyers scrambling to secure supplies, with Brent crude prices exceeding $100 per barrel. Consumers in Asia […]
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Héctor Sánchez On October 12, 1492, Christopher Columbus landed on a Caribbean island, convinced—as official school history textbooks taught us—that he had reached the Indies. He brought glass necklaces and little mirrors, along with, of course, weapons and devastating diseases. In exchange for these trinkets, he seized the gold, the land, and the destiny of […]
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The Colombian businessman faces two federal cases involving alleged bribery and money laundering schemes linked to food, medicine, and housing contracts in Venezuela. The Daily Journal.- U.S. authorities arrested Álvaro Pulido Vargas, a business partner of Alex Saab, who faces two federal indictments for allegedly laundering money from bribery schemes involving more than $2 billion […]
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The Daily Journal.- Former Colombian President Gustavo Petro arrived at the 30th International Seminar “Political Parties and a New Society,” organized by Mexico’s Labor Party (PT) in Mexico City, to discuss the left, the climate crisis, and the future of energy resources. Instead, he found himself in a confrontation with two lawmakers from Venezuela’s United […]
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