On the eve of May 1st, Venezuela awaits decisions on salary adjustments
Just under a month before the upcoming May 1st, Workers’ Day, expectations are growing regarding possible adjustments to labor income in Venezuela.
Just under a month before the upcoming May 1st, Workers’ Day, expectations are growing regarding possible adjustments to labor income in Venezuela.
Antonio Ecarri is once again on the front lines of Venezuelan politics, now in the National Assembly. From the Libertad Parliamentary Fraction, he has been involved in debates to reform the hydrocarbons and mining laws, as well as on the follow-up commission for the Amnesty Law for Democratic Coexistence, approved on February 19.
Interim President Delcy Rodríguez has once again moved the power board. This March 18, she announced up to six changes in the cabinet, among which a new appointment to the Ministry of Defense stood out.
The Trump administration issued General License 52, which authorizes virtually all transactions with PDVSA related to trading, exploration, and production.
Since the early hours of Saturday, the armed forces of the United States and Israel bombed several targets inside Iran, which has already responded with bombings on military bases of the former in the region.
The United States Government, through the Office of Foreign Assets Control (OFAC), published a new exception to its sanctions on Venezuelan oil and gas on Friday, allowing new investments.
The U.S. government issued three sanctions waivers on Venezuela’s oil and transport infrastructure on Tuesday, in the wake of Energy Secretary Chris Wright’s visit to the South American country.
The National Assembly is in the process of discussing a second draft of the Hydrocarbons Law Reform, which includes fundamental changes.
On January 9, U.S. President Donald Trump invited seventeen energy executives to the White House, as he invited them to invest “$100 billion” in Venezuela, a country with some of the largest reserves of oil and gas in the world. But are they heeding the call?
The U.S. boarded a second oil tanker off the coast of Venezuela on Saturday, which, according to sources quoted by Axios, was not sanctioned, unlike Skipper, which was seized on December 10.