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.— Venezuela continues to record the world’s highest inflation rate in 2026, and according to economist Manuel Sutherland, the expansion of the monetary base represents one of the main factors driving the acceleration in prices. In his latest analysis, Sutherland estimates that Venezuela’s year-on-year inflation reached 576% between July 2025 and July 2026, […]
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The Daily Journal – Venezuelan Foreign Minister Félix Plasencia and his Spanish counterpart, José Manuel Albares, spoke by phone on Sunday. The conversation focused on bilateral issues and potential areas of cooperation as Venezuela moves through its reconstruction phase following the June 24 earthquakes. “Today I held a cordial and productive call with Spain’s Minister […]
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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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The Daily Journal.— Following the events of January 3, 2026, and amid changing relations between Venezuela and the United States, the fate of Venezuelan state funds frozen abroad has once again become a major issue. According to Bloomberg, Washington is considering a partial release of frozen assets, estimated at between $20 billion and $30 billion, […]
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The Daily Journal — Acting President Delcy Rodríguez met with a delegation from the Inter-American Development Bank (IDB) in Caracas on Friday, according to the Presidential Press Office. Anabel González, the IDB’s Vice President for Countries and Regional Integration, led the delegation alongside Andre Soares, the institution’s country office chief, and Miguel Coronado, General Manager […]
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The Daily Journal – Current prices of Venezuela’s sovereign bonds largely reflect market expectations of a future external debt restructuring and a recovery in oil production, according to a report by Oxford Economics. The consulting firm argues that the recent rally in Venezuelan bonds, which it forecast in a February analysis, continues to rest on […]
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The Daily Journal — Acting President Delcy Rodríguez announced on Friday that Venezuela has secured an initial $346 million from its own funds held at the International Monetary Fund (IMF) following the emergency caused by the twin 7.2 and 7.5 magnitude earthquakes that struck the country’s northern region on June 24. “Following the devastating twin […]
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The Daily Journal. — The Venezuelan Chamber of Construction (CVC) has proposed creating an independent mechanism to oversee the use of international funds allocated for Venezuela’s reconstruction following the June 24 earthquakes. The organization also called for a series of regulatory and tax reforms to revive private investment in the construction sector. During a press […]
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EFE — Tom Fletcher, the United Nations’ humanitarian chief, told EFE on Wednesday that governments should ease sanctions on Venezuela to ensure they do not hinder humanitarian assistance or the country’s recovery efforts following the twin earthquakes. “It is always important for us to have humanitarian exemptions so that nothing required for humanitarian support falls […]
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