Understand how the Venezuelan economy moves.
U.S. Treasury Secretary Scott Bessent is facing a personal dilemma. He has repeatedly stated that sanctions are being overused, yet he defends their use to compel rival states to negotiate.
During his participation in the Economic Agenda of Román Lozinski on the Éxitos circuit, the partner-director of Ecoanalítica, Asdrúbal Oliveros, warned this Wednesday about the accelerated rise in inflation in Venezuela. According to Oliveros, inflation has shown a significant rebound in recent months, reversing the downward trend observed at the beginning of last year.
Henrique Capriles Radonski is known for his pragmatic approach, with supporters who value his experience and critics who accuse him…
Venezuela’s crude oil production remained stable in February at 1,025,000 barrels per day (bpd), with a slight decrease of 6,000 bpd, according to PDVSA’s estimates.
Fedecámaras has issued a call for the governments of the United States and Venezuela to resume talks, following the cancellation of the “Chevron License.”
Marking a new era for the Organization of American States (OAS), Surinamese Albert Ramdin has been elected as the new Secretary General of the organization. Ramdin, who will assume the position in May, has made it clear that one of his first objectives will be to review Venezuela’s legal status within the regional body.
This March 15 marks three years since Venezuelan workers last saw an increase in their minimum wage. Since then, they have faced the longest period without salary adjustments in the last 27 years, amid high inflation and a deep economic crisis.
Oil pumpjack and drilling rig in Venezuela. Photo: HumbRios. Guacamaya, March 7, 2025. The Trump administration is reportedly preparing to…
Colombian President Gustavo Petro with Nicolás Maduro at the Miraflores Palace during a visit in November 2023. Guacamaya, March 7,…
The U.S. government, led by Donald Trump, formally announced the revocation of the license allowing Chevron to operate in Venezuela. The decision, made official on March 4 and effective in 30 days, marks the end of a strategic relationship that had enabled the U.S. oil company to export over 200,000 barrels per day of Venezuelan crude.
