The Daily Journal.- Venezuela’s oil production averaged 1.2 million barrels per day in July, up 1.09% from June, according to official figures cited by the Organization of the Petroleum Exporting Countries (OPEC) and reported by EFE. Output rose from 1.187 million barrels per day in June to 1.2 million in July, according to OPEC’s monthly […]
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The Daily Journal.- Oxford Economics cut its 2026 growth forecast for Venezuela by two percentage points to 6.3% after factoring in the impact of the June 24 earthquakes, Bloomberg reported. The firm also made a more modest adjustment to its 2027 forecast. It now expects the economy to grow 15.5%, one-tenth of a percentage point […]
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The Daily Journal. — Ballard Partners, one of the leading lobbying firms in the United States and one that has seen its revenue surge during President Donald Trump’s second term, announced Wednesday that it will open an office in Caracas, as U.S. companies and multinational corporations show renewed interest in investing in Venezuela. Scott Wagner, […]
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The Daily Journal — U.S. President Donald Trump said the United States has received more than $13 billion from Venezuela since the military operation on January 3, when U.S. forces captured Nicolás Maduro and took control of the country’s political leadership. Speaking to reporters aboard Air Force One, Trump argued that the funds obtained from […]
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By Héctor Sánchez The Constitution of the Bolivarian Republic of Venezuela leaves no room for doubt: sovereignty belongs exclusively and permanently to the people. That principle, which in 1999 promised a transition from representative democracy to a participatory and leading democracy, now appears to have surrendered. As sociologist and Central University of Venezuela (UCV) professor […]
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The Daily Journal — Opposition leader María Corina Machado and Edmundo González Urrutia acknowledged on Sunday that they are not taking part in the dialogue table the United States promoted between Venezuela’s 2015 National Assembly and representatives of the ruling party. Despite remaining outside the initiative, both leaders said they will closely monitor the process, […]
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The Daily Journal — U.S. President Donald Trump said Friday that Venezuela is still “not ready” to hold elections. However, he acknowledged that the country has made “significant progress” toward that goal. “Regarding elections in Venezuela, they’re not really ready yet, but we’ve made a lot of progress,” Trump told reporters from the Oval Office […]
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By Héctor Sánchez, Sociologist — Let us imagine, for a moment, the following scenario: the U.S. midterm elections arrive, and Donald Trump suffers a crushing defeat, just as opinion polls suggest amid dissatisfaction from six out of every 10 Americans. Under those circumstances, the president would most likely face immediate impeachment proceedings. Given Washington’s status […]
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The Daily Journal. John Barrett, the United States Chargé d’Affaires for Venezuela, said Wednesday that no significant obstacles have hindered the distribution of humanitarian aid to the areas affected by the June 24 earthquakes. He also stated that non-governmental organizations have not reported any confiscation or detention of relief supplies. Barrett made the remarks in […]
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Alejandro J. Sucre — Venezuela faces one of the most complex sovereign debt restructuring processes in its history. The scale of the challenge is undeniable: years without international audits, debt instruments scattered across multiple jurisdictions, opaque bilateral debt with China and Russia, and arbitration awards issued by the International Center for Settlement of Investment Disputes […]
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