Venezuela faces more than US$240 billion in debt, equivalent to 216% of its GDP, according to Bloomberg reports The Daily Journal.- Venezuela’s debt continues to grow as the government of Acting President Delcy Rodríguez prepares a comprehensive restructuring of the country’s external obligations. According to Bloomberg, a new arbitration award in favor of U.S. insurer […]
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The Daily Journal.- The process to select new justices for Venezuela’s Supreme Court of Justice (TSJ) will start over under a mechanism that will expand civil society participation, according to Ramón López, a representative of the 2015 National Assembly delegation at the dialogue talks. In an interview with Caraota Digital, López said authorities will select […]
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The Daily Journal.— Interior Minister and PSUV Secretary General Diosdado Cabello sharply criticized sectors of the Venezuelan opposition that do not participate in the negotiating table with the government. According to Cabello, these groups seek to “implode” the dialogue process, which aims to advance a democratic transition and support the country’s recovery following the June […]
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The Daily Journal.— An earthquake with a magnitude above 4 struck early Tuesday morning, with its epicenter in La Guaira state, acting President Delcy Rodríguez reported on social media. In a message posted at 3:43 a.m., Rodríguez said the earthquake occurred at approximately 3:20 a.m. and that authorities immediately activated contingency protocols. “I want to […]
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The Daily Journal. — The death toll from the June 24 earthquakes has risen to 6,438, according to figures released Monday by Delcy Rodríguez’s administration. The official report also indicates that healthcare facilities nationwide have treated 86,358 people. Infrastructure damage assessments and housing allocation Technical teams have inspected 59,109 properties to determine the extent of […]
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The Daily Journal.— U.S. refiner Citgo posted record exports of ultra-low-sulfur diesel (ULSD) from its Brownsville, Texas, terminal during the second quarter, as the prolonged war between the United States and Iran continued to restrict global supplies of the fuel. According to the company’s earnings release, second-quarter ULSD export sales in Brownsville more than doubled […]
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The Daily Journal.— The release of Venezuela’s international reserve assets in gold held at the Bank of England will depend on the implementation of international audits and the transfer of the proceeds to a U.S. Department of the Treasury account, Ramón López, a delegate from the 2015 National Assembly, said in an interview with a […]
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The Daily Journal – The Program for Peace and Democratic Coexistence, promoted by Acting President Delcy Rodríguez, announced Friday that courts had granted alternative measures to imprisonment to 131 people who had remained in custody over their alleged involvement in crimes against the country’s democratic order and peace. The country’s courts decided at the request […]
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The Daily Journal. — Héctor Obregón Pérez, president of Petróleos de Venezuela (PDVSA), said the state-owned oil company has maintained a continuous investment plan since 2024 aimed at restoring its processing facilities to independently meet the country’s entire demand for gasoline and diesel. As a result, Venezuela’s refining system currently has a capacity of 350,000 […]
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The Daily Journal.— Venezuela authorized the transfer of a stake held by PDVSA Gas to a consortium comprising Britain’s BP, the UAE’s XRG and Qatar’s UCC Oil and Gas Holding to advance the exploration and production of non-associated natural gas in the Lorán Field, located in Block 2 of the Deltana Platform. The parties formalized […]
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