Venezuela

Venezuela faces fresh US pressure as Washington recognises opposition leader as president-elect

bne IntelliNews November 20, 2024

The US has ramped up pressure on Venezuela's President Nicolás Maduro by formally recognising opposition candidate Edmundo González as the country's president-elect, marking the first time the Biden administration has used this designation.

Iran, Venezuela forge closer industrial ties as sanctions-hit allies meet in Caracas

bne Tehran bureau November 19, 2024

Iran and Venezuela launched their 10th Joint Economic Cooperation Commission at an event in Caracas on November 19, with high-level delegations from both countries attending amid strengthening bilateral ties.

What would a Trump win mean for Latin America?

Marco Cacciati November 4, 2024

As the US braces for a closely fought presidential election on November 5, Latin America has particular cause for concern over a potential return of Donald Trump to the White House. We rounded up how the region could fare under a second Trump term.

Venezuelan minister denies political prisoners exist despite UN findings of 1,900 detained

bne IntelliNews October 30, 2024

Venezuela has no political prisoners and operates under full rule of law, Foreign Minister Yván Gil stated during a working trip to Colombia, contradicting extensive documentation from international bodies and rights groups.

Ex-Trump adviser says he privately admired Venezuela’s Maduro

bne IntelliNews October 28, 2024

While Donald Trump publicly positioned himself as a staunch critic of Venezuela’s President Nicolás Maduro, privately he often praised the authoritarian leader’s strength, former White House adviser Olivia Troye revealed.

Maduro’s BRICS ambitions hit Brazilian roadblock as Kremlin denies expansion talks

bne IntelliNews October 23, 2024

In a blow to President Nicolas Maduro, Brazil's chief presidential adviser Celso Amorim has expressed opposition to Venezuela's bid to join the BRICS economic bloc, while the Kremlin stated that expansion is not on the agenda at the Kazan summit.

LatAm faces two-speed recovery as Brazil outpaces Mexico in IMF outlook

bne intellinews October 23, 2024

Latin America and Caribbean economies are poised to grow 2.1% in 2024, exceeding July forecasts by 0.3 percentage points, the IMF's latest World Economic Outlook revealed. The revision showcases stark contrasts between the region's largest economies.

Brazil cautiously spearheads BRICS push for national currency trade

Marco Cacciati October 17, 2024

Brazil is taking a leading role in efforts to reduce the BRICS economic bloc's dependence on the US dollar, championing the use of national currencies in trade among member states.

Russian surveillance network in Nicaragua raises alarm

Alek Buttermann October 2, 2024

Recent reports have unveiled Nicaragua as a key hub for Russian espionage operations in Latin America. The nation hosts advanced surveillance systems, including the SORM-3 technology, enabling the interception of various communications.

Brazil may derail Venezuela’s BRICS dream as bloc gears up for expansion

bne IntelliNews September 30, 2024

The BRICS group is moving forward with plans for expansion, with an announcement expected at the bloc's annual summit in Kazan this October. But Venezuela's inclusion in the next wave of expansion appears uncertain due to Brazil's resistance.

EU recognises Venezuela's Gonzalez as president in resolution backed by right-wing MEPs

bne IntelliNews September 19, 2024

The European Parliament on September 19 passed a non-binding resolution recognising Venezuelan opposition candidate Edmundo González Urrutia as the "legitimate and democratically elected President of Venezuela."

Venezuelan President Maduro backs Russia's stance on Ukraine war, lauds Putin

bne IntelliNews September 18, 2024

Venezuelan President Nicolas Maduro has expressed strong support for Russia in the ongoing Ukraine conflict and lauded President Putin, according to statements made on his weekly programme on state TV.

Venezuelans need to fork out 225 minimum wages to bag latest iPhone

bne IntelliNews September 11, 2024

The newest iPhone 16, unveiled this week at Apple’s annual showcase, has stirred excitement among tech enthusiasts worldwide. However, for most Venezuelans the flagship smartphone remains a pipe dream, as they endure a stark economic reality.

Climate crisis-driven global food security deteriorated between 2019 and 2022 and is even affecting the US

bne IntelliNews September 9, 2024

Global food security deteriorated between 2019 and 2022, according to the latest Global Food Security Index by the Economist Intelligence Unit, and even the US has been affected.

Venezuelan opposition leader Gonzalez flees to Spain as Maduro ramps up repression

bne IntelliNews September 8, 2024

Venezuelan opposition leader Edmundo González has left the country and sought asylum in Spain, following a disputed presidential election that has plunged the crisis-stricken South American nation into further political turmoil.

AI will be a major source of GHGs by 2030, says Morgan Stanley

bne IntelliNews September 5, 2024

Energy ravenous AI data centres are set to become a major source of GHGs emissions by 2030 as the number of server farms needed to run the artificial intelligence services is set to expand exponentially over the next two and half decades.

Maduro moves up Christmas in desperate bid to mask Venezuela's political crisis

bne IntelliNews September 4, 2024

In a bizarre move, Venezuelan President Nicolás Maduro has announced that Christmas celebrations in the country will begin on October 1 this year – a full three months ahead of schedule.

Colombian fighters returning from Ukraine face jail in Russia after Venezuela stopover

bne IntelliNews August 30, 2024

Two Colombian citizens have been arrested in Moscow on charges of mercenarism. The pair, who allegedly fought alongside Ukrainian forces in the current war between Moscow and Kyiv, were detained after being extradited by Venezuela.

Citgo teeters amid Venezuela crisis and $20bn creditor claims

Marco Cacciati for NewsBase August 28, 2024

The future of Citgo, once a crown jewel in Venezuela's overseas oil empire, hangs in the balance as the company grapples with mounting losses and legal challenges.

Italian journalist in Venezuela charged with terrorism amid post-election crackdown

José G. Marquez in Buenos Aires August 26, 2024

Venezuelan authorities have detained veteran entertainment journalist Carmela Longo in the wake of the country's disputed July 28 elections, according to local press freedom groups.

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