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October 18, 2023

Folding the Hand

The United States and Venezuela reached a deal this week that will see Washington ease sanctions on the oil-rich South American country, in return for Caracas allowing a competitive and internationally monitored presidential election next year, the Guardian reported. The sanctions will be relaxed once Venezuelan...

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April 26, 2023

A Last Gambit

Colombian authorities expelled Venezuelan opposition figure Juan Guaidó this week after the former parliamentary leader sought to participate in a summit in Bogotá, Colombia, aimed at resolving the ongoing crisis in Venezuela, Agence France-Presse reported. Guaidó said in a statement Monday that he had walked across...

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November 29, 2022

Small Strides

The Venezuelan government and opposition politicians agreed this week to create a United Nations-managed fund to finance programs for the country’s poor, as both sides are holding talks to resolve the ongoing crisis in the South American nation, the Associated Press reported. Signed in Mexico’s capital,...

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November 03, 2022

Getting Mushy

Leftist Colombian President Gustavo Petro met with his Venezuelan counterpart Nicolás Maduro in the Venezuelan capital of Caracas this week, the first bilateral talks between the two leaders as they seek to normalize relations after a three-year break between the two countries, the Associated Press...

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August 30, 2022

Open Arms

Colombia and Venezuela formally restored relations Monday, ending a three-year-long diplomatic impasse between the two neighboring countries, Bloomberg reported. The restart of relations comes less than a month after leftist Colombian President Gustavo Petro took office. Petro – the country’s first leftist leader – vowed to...

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August 01, 2022

Money For Nothing

The UK’s High Court ruled against the Venezuelan government over the weekend in a long-running case pitting President Nicolás Maduro’s regime against his rival, Juan Guaidó, for control of Venezuela’s gold reserves, Agence France-Presse reported. The case centers on demands from President Maduro’s government to...

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May 19, 2022

Here Come the Carrots

Venezuela’s government and opposition groups will restart stalled negotiations, an announcement made shortly after the United States said it would ease sanctions against the South American nation, NBC News reported. On Tuesday, the Biden administration said it would provide minor sanction relief in exchange for continued...

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May 16, 2022

The Big Shrug

Venezuela is planning to attract private investors to pump money into its essential but crippled state-run firms, a move analysts consider a major reversal after the country’s socialist government seized them years ago, the Associated Press reported. The government will begin offering five to 10 percent...

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