Venezuela Plans a 50% Increase in Gasoline Prices, According to Bloomberg
The increase would have an immediate and profound impact on Venezuelans’ wallets, directly affecting transportation and trade costs. Photo: Archive…
June 2025
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What do we know about the new oil contracts in Venezuela?
An alleged list of companies that signed “productive participation contracts” (CPPs) with PDVSA was recently leaked. There has also been talk of…
First reactions: Venezuelan Opposition and Government Reject U.S. Travel Ban
The decision by the United States government to include Venezuela on the list of countries subject to new migration and visa restrictions has drawn rejection from various sectors of Venezuela’s opposition and ruling party.
New value of the Unidad Tributaria: Essentials for taxpayers and businesses
The recent increase in Venezuela’s tariff tool was set at a rise of 377.7% compared to its previous value fixed…
Delcy Rodríguez Announces New Restrictions on Foreign Currency Allocation for Imports
Executive Vice President Delcy Rodríguez announced on Wednesday that foreign currency allocated for imports will be rationed to prioritize essential needs, such as food, medicine, and production supplies.
Venezuela Becomes a Founding Member of the New China-Promoted International Organization for Mediation
The organization’s first event was attended by Pakistan’s Deputy Prime Minister and Minister of Foreign Affairs, Mohammad Ishaq Dar; Zimbabwe’s…
Trump Imposes Partial Travel Ban on Venezuela and 18 Other Countries Following Colorado Attack
President Donald Trump signed a proclamation on Monday drastically restricting entry into the United States for nationals from 19 countries.
Consejo Nacional Electoral Announces Municipal Elections for July 27
The president of the electoral body formalized in statements to the press the details of the key events in the…
Price Adjustment Revives Fear of Shortages and Inflation
In previous years, price adjustments have contributed to the disappearance of basic goods from store shelves and inflationary pressure, creating…
Which U.S. companies bought Venezuelan oil?
While Chevron was the main U.S. producer of Venezuelan oil, the product found a long list of buyers in the East Coast.