Venezuela in the Market’s Crosshairs: Uncertainty in the Country Drives Over $130 Million in Predictions
Political diatribes and military operations have become million-dollar financial assets on platforms like Polymarket and Kalshi.
Economy
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AtlasIntel & Bloomberg Study: Interest in stability supports dollarization in Venezuela, but not annexation to the United States
With a deteriorating government administration and opposition leadership showing no change in favorability, the country navigates between pessimism over the…
The problem in Venezuela is not that people don’t have enough money, but that their money doesn’t have enough value
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.
A Summit without a compass: The CELAC–EU faces caribbean tensions and key absences amid growing pressures
The Fourth Summit of the Community of Latin American and Caribbean States (CELAC) and the European Union (EU), held in Santa Marta, Colombia, ended early and with little participation from major leaders, reflecting the lack of political cohesion and the growing tensions in the Caribbean. The absences, the divergences over Venezuela, the wars in Ukraine and Gaza, and allegations of U.S. military deployments marked a meeting that aimed to strengthen bi-regional ties but ultimately exposed the diplomatic fragmentation on both sides of the Atlantic
Colombia Strengthens Energy Ties with Guyana While Obstacles Due to Sanctions for Agreements with Venezuela Persist
The Colombian hydrocarbon sector has intensified its presence in Guyana through business agreements and increased air connectivity. However, the possibility of importing gas from Venezuela remains blocked by U.S. sanctions, heightening fears of a supply deficit by 2026.
The IEA Warns That Without Steady Investment, Global Oil Production Would Fall by 8% Each Year
Without continuous investment in these fields, the world would lose the equivalent of the combined oil production of Brazil and…
The Guardian: Boris Johnson traveled to Caracas in 2024 and allegedly received payments from hedge fund
The former British prime minister interrupted his vacation in the Dominican Republic to travel to Venezuela in February 2024, where he held a private meeting with Nicolás Maduro. Leaked documents suggest the existence of subsequent payments related to a contract with the firm Merlyn Advisors. The Guardian has not been able to confirm that these payments were related to the trip to Caracas.
UNDP: Venezuela Grows in 2025, but Oil Rebound Clashes with Inflation and Sanctions
The Venezuelan economy shows a mixed performance in 2025: GDP grew by 7.7% in the first half of the year, driven by oil production, which reached its highest levels since 2019, and the government implemented increases in public sector income. However, inflation, the devaluation of the bolivar, and U.S. oil sanctions threaten to undermine these advances, according to a report by the United Nations Development Programme (UNDP).
Binational Trade Between Colombia and Venezuela Grows 14.1% and Surpasses US$560 Million in 2025
Trade between Colombia and Venezuela reached US$560.7 million in the first half of 2025, representing a 14.1% growth compared to the same period the previous year, according to figures from DANE and the Colombo-Venezuelan Chamber of Commerce (CCV). The report was presented during the Binational Business Meeting “Vision Frontera 2025,” held in Cúcuta to mark the third anniversary of the border reopening and the reestablishment of diplomatic relations.
Reuters: China Concord Strengthens Oil Presence in Venezuela with Floating Platform in Lake Maracaibo
The arrival of the floating platform Alula in Lake Maracaibo marks a new chapter in energy cooperation between China and Venezuela. The project, valued at $1 billion and led by China Concord Resources Corp (CCRC) in partnership with Petróleos de Venezuela (PDVSA), aims to revive production in the Lago Cinco and Lagunillas Lago fields, with a target of 60,000 barrels per day by 2026.