The possible correspondent banking agreement between the Bank of Venezuela and Erebor Bank should not be read solely as a financial operation. Above all, it is a political signal.
Changes ranging from the diplomatic to the economic, including the displacement of some figures and entities, but without neglecting governance.
Doug Burgum’s visit to Caracas might seem, at first glance, a strange move within U.S. diplomacy.
Facing a new juncture in the country following the past January 3rd, one of the first observable changes in the “acting” Government concerns the Ministry of Popular Power for Communication and Information (Mippci).
A silent battle is raging worldwide for critical minerals. And there, in the heart of the Guiana Shield, Venezuela holds a piece that could alter the hemispheric security chessboard. We are talking about gallium.
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?
In Venezuela’s recent history, the state of Carabobo became its industrial heart. Following the economic collapse of the last decade,…
We Venezuelans underwent a monetary reform starting in 1939 with the creation of the Central Bank of Venezuela (BCV), which from its foundation until 1974 (when it was fully nationalized) was a semi-private institution, constituted with private shareholders in addition to the State.
Oil has historically been Venezuela’s most influential and alluring natural resource — a source of wealth, but also of inequality, geopolitical tension, and sanctions.
The administration of President Donald Trump has already announced at least seven attacks on vessels allegedly used for drug trafficking around Latin America.
