Venezuela

Country Venezuela
Capital Caracas
Continent South America
Currency Bolivar fuerte(VEF)
Languages Spanish

Information

Introduction

Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Hugo CHAVEZ, president since 1999, seeks to implement his "21st Century Socialism," which purports to alleviate social ills while at the same time attacking capitalist globalization and existing democratic institutions. Current concerns include: a weakening of democratic institutions, political polarization, a politicized military, drug-related violence along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples.

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References

Venezuela - Wikipedia
Venezuela - CIA World Fact Book
Venezuela - BBC
Venezuela - Timeline - BBC

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News Headlines

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Exclusive: Venezuela to accelerate cryptocurrency shift as oil sanctions return - ReutersExclusive: Venezuela to accelerate cryptocurrency shift as oil sanctions return  Reuters

Venezuela Looks to Crypto for Oil Sales As Sanctions Return - OilPrice.comVenezuela Looks to Crypto for Oil Sales As Sanctions Return  OilPrice.com

Venezuela’s Maduro says he is open to receiving UN rights envoy - ThePrintVenezuela’s Maduro says he is open to receiving UN rights envoy  ThePrint

Tether Will Freeze Wallets Evading Venezuelan Sanctions - CoinDeskTether Will Freeze Wallets Evading Venezuelan Sanctions  CoinDesk

President Maduro announces return of UN rights office to Venezuela after its suspension in February - FirstpostPresident Maduro announces return of UN rights office to Venezuela after its suspension in February  Firstpost

Portuguesa and the Venezuelan Ultra Turned Kidnapper - Football ParadisePortuguesa and the Venezuelan Ultra Turned Kidnapper  Football Paradise

Understanding Pappu and His Ideas - How Wealth Redistribution Drove Venezuela to the Brink! - The Jaipur DialoguesUnderstanding Pappu and His Ideas - How Wealth Redistribution Drove Venezuela to the Brink!  The Jaipur Dialogues

Venezuela to Accelerate Crypto Usage in Response to Reimposed US Oil Sanctions: Report - CryptoPotatoVenezuela to Accelerate Crypto Usage in Response to Reimposed US Oil Sanctions: Report  CryptoPotato

Maduro announces return of UN rights office to Venezuela - CGTNMaduro announces return of UN rights office to Venezuela  CGTN

Faced with an election ban, Venezuela opposition leader names alternate - Al Jazeera EnglishFaced with an election ban, Venezuela opposition leader names alternate  Al Jazeera English

US reimposes oil sanctions against Venezuela over election concerns - Al Jazeera EnglishUS reimposes oil sanctions against Venezuela over election concerns  Al Jazeera English

Venezuelan opposition unites behind Edmundo Gonzalez as presidential challenger - The Times of IndiaVenezuelan opposition unites behind Edmundo Gonzalez as presidential challenger  The Times of India

Venezuelan entrepreneurs run thriving businesses in Colombia thanks to UNHCR program - USA for UNHCRVenezuelan entrepreneurs run thriving businesses in Colombia thanks to UNHCR program  USA for UNHCR

As sanctions return to Venezuela, OVL has a problem on its hands | Mint - MintAs sanctions return to Venezuela, OVL has a problem on its hands | Mint  Mint

Venezuela accelerates shift to cryptocurrency amid return of oil sanctions - WIONVenezuela accelerates shift to cryptocurrency amid return of oil sanctions  WION

Venezuela Hires Rothschild as Adviser on Defaulted Debt Pile - BloombergVenezuela Hires Rothschild as Adviser on Defaulted Debt Pile  Bloomberg

Maduro announces return of UN rights office to Venezuela - FRANCE 24 EnglishMaduro announces return of UN rights office to Venezuela  FRANCE 24 English

Rystad Looks at USA Reimposition of Venezuela Oil Sanctions - Rigzone NewsRystad Looks at USA Reimposition of Venezuela Oil Sanctions  Rigzone News

U.S. Policy Toward Venezuela Is a Mix of Hope and Realism - Carnegie Endowment for International PeaceU.S. Policy Toward Venezuela Is a Mix of Hope and Realism  Carnegie Endowment for International Peace

US reimposes oil sanctions on Venezuela after broken election promises - Financial TimesUS reimposes oil sanctions on Venezuela after broken election promises  Financial Times

Jorge Arreaza: On July 28, the Venezuelan people will choose between being patria or a colony - Peoples DispatchJorge Arreaza: On July 28, the Venezuelan people will choose between being patria or a colony  Peoples Dispatch

Venezuela's Maduro says he is open to receiving UN rights envoy - Reuters CanadaVenezuela's Maduro says he is open to receiving UN rights envoy  Reuters Canada

Venezuela Looks to Tether to Bypass Sanctions: Reuters - CoinDeskVenezuela Looks to Tether to Bypass Sanctions: Reuters  CoinDesk

Venezuelan candidate Gonzalez touts return of exiles, freeing political prisoners - Reuters CanadaVenezuelan candidate Gonzalez touts return of exiles, freeing political prisoners  Reuters Canada

Orlen scraps Venezuela oil deals after heavy losses - source - ReutersOrlen scraps Venezuela oil deals after heavy losses - source  Reuters

Oil recovers from 3-week low after US imposes sanctions on Venezuela, Iran; Brent at $87/bbl | Mint - MintOil recovers from 3-week low after US imposes sanctions on Venezuela, Iran; Brent at $87/bbl | Mint  Mint

US to reimpose oil sanctions on Venezuela over election concerns - ReutersUS to reimpose oil sanctions on Venezuela over election concerns  Reuters

Iran, Venezuela Oil Sanctions Could Hurt Biden's Reelection - Foreign PolicyIran, Venezuela Oil Sanctions Could Hurt Biden's Reelection  Foreign Policy

Venezuela oil sector braces for loss of US license, Maduro hits back - ReutersVenezuela oil sector braces for loss of US license, Maduro hits back  Reuters

Venezuela Crisis Explained - USA for UNHCRVenezuela Crisis Explained  USA for UNHCR

Venezuela Accepts Return of Expelled UN Human Rights Staff - BloombergVenezuela Accepts Return of Expelled UN Human Rights Staff  Bloomberg

Venezuela Expels 10,000 From Illegal Gold Mine, Now Closed - Barron'sVenezuela Expels 10,000 From Illegal Gold Mine, Now Closed  Barron's

Venezuela's PDVSA to Hasten Move to USDT to Mitigate Sanctions - Regulation AsiaVenezuela's PDVSA to Hasten Move to USDT to Mitigate Sanctions  Regulation Asia

US to reimpose oil sanctions on Venezuela: officials - The Times of IndiaUS to reimpose oil sanctions on Venezuela: officials  The Times of India

LNG Energy Group Announces Signing of Hydrocarbon Productive Participation Contracts in Venezuela - Yahoo FinanceLNG Energy Group Announces Signing of Hydrocarbon Productive Participation Contracts in Venezuela  Yahoo Finance

ICC Prosecutor Visits Venezuela, Opens Office and Promises Deeper Cooperation - Venezuelanalysis.comICC Prosecutor Visits Venezuela, Opens Office and Promises Deeper Cooperation  Venezuelanalysis.com

Venezuela's president meets with accuser in ongoing criminal probe into human rights abuse - The Associated PressVenezuela's president meets with accuser in ongoing criminal probe into human rights abuse  The Associated Press

'Evasive' Boris Johnson broke lobbying rules in Venezuela trip - POLITICO Europe'Evasive' Boris Johnson broke lobbying rules in Venezuela trip  POLITICO Europe

Venezuela Sanctions Relief: Expiration of General License 44 - United States Department of State - Department of StateVenezuela Sanctions Relief: Expiration of General License 44 - United States Department of State  Department of State

Experts react: The US just reimposed sanctions on Venezuela. What does this mean for energy markets and ... - Atlantic CouncilExperts react: The US just reimposed sanctions on Venezuela. What does this mean for energy markets and ...  Atlantic Council

In Default on $154 Billion of Debt, Venezuela Is Ready to Talk - Yahoo FinanceIn Default on $154 Billion of Debt, Venezuela Is Ready to Talk  Yahoo Finance

Venezuela opposition backs Gonzalez as presidential candidate - ReutersVenezuela opposition backs Gonzalez as presidential candidate  Reuters

Lula Welcomes United Opposition in Venezuela Race Against Maduro - BloombergLula Welcomes United Opposition in Venezuela Race Against Maduro  Bloomberg

US sanctions on Venezuela threaten to disrupt India’s crude oil imports - BusinessLineUS sanctions on Venezuela threaten to disrupt India’s crude oil imports  BusinessLine

Venezuela Reneges on Promises; U.S. Reimposes Sanctions - Voice of AmericaVenezuela Reneges on Promises; U.S. Reimposes Sanctions  Voice of America

US reimposes sanctions on Venezuela as hope for democracy crumbles - The GuardianUS reimposes sanctions on Venezuela as hope for democracy crumbles  The Guardian

Venezuela: Administrative Ruling establishes the procedure and regulations applicable to the contribution to the ... - GlobalComplianceNewsVenezuela: Administrative Ruling establishes the procedure and regulations applicable to the contribution to the ...  GlobalComplianceNews

Tether moves against Venezuelan government's plans to leverage USDT for oil transactions - FXStreetTether moves against Venezuelan government's plans to leverage USDT for oil transactions  FXStreet

Maduro announces return of UN rights office to Venezuela | News - Bangladesh Sangbad Sangstha (BSS)Maduro announces return of UN rights office to Venezuela | News  Bangladesh Sangbad Sangstha (BSS)

US reimposes sanctions on Venezuela as Maduro continues opposition crackdown - FRANCE 24 EnglishUS reimposes sanctions on Venezuela as Maduro continues opposition crackdown  FRANCE 24 English

World Report 2024: Venezuela - Human Rights WatchWorld Report 2024: Venezuela  Human Rights Watch

India welcomes return of Venezuelan oil to market: Puri - The HinduIndia welcomes return of Venezuelan oil to market: Puri  The Hindu

Venezuelan bank staff arrested in state-owned oil company graft case - Reuters CanadaVenezuelan bank staff arrested in state-owned oil company graft case  Reuters Canada

U.S. Says Oil Companies in Venezuela Can Still Operate Despite Regime Oppression - The Wall Street JournalU.S. Says Oil Companies in Venezuela Can Still Operate Despite Regime Oppression  The Wall Street Journal

Venezuela's Leader Discusses Human Rights Probe with ICC Chief Prosecutor - OneindiaVenezuela's Leader Discusses Human Rights Probe with ICC Chief Prosecutor  Oneindia

Oil holds near 3-week low as US sanctions interrupt easing tensions - ReutersOil holds near 3-week low as US sanctions interrupt easing tensions  Reuters

Venezuela’s Banking Regulator to Monitor Bancamiga on PDVSA Corruption Ties - BloombergVenezuela’s Banking Regulator to Monitor Bancamiga on PDVSA Corruption Ties  Bloomberg

US to reimpose sanctions on Venezuela’s oil and gas sector - CNNUS to reimpose sanctions on Venezuela’s oil and gas sector  CNN

Ten Charged in US Accused of Aiding Venezuela's PDVSA - Rigzone NewsTen Charged in US Accused of Aiding Venezuela's PDVSA  Rigzone News

Venezuela I situation: ICC Appeals Chamber confirms the decision authorising the resumption of the investigation - the International Criminal CourtVenezuela I situation: ICC Appeals Chamber confirms the decision authorising the resumption of the investigation  the International Criminal Court

Edmundo Gonzalez, Venezuela’s low-profile and last-minute opposition candidate - ThePrintEdmundo Gonzalez, Venezuela’s low-profile and last-minute opposition candidate  ThePrint

Chile calls for the extradition of Venezuelans after dissident’s murder - Al Jazeera EnglishChile calls for the extradition of Venezuelans after dissident’s murder  Al Jazeera English

Venezuela reportedly using Tether to conduct oil sales, evade U.S. sanctions - Kitco NEWSVenezuela reportedly using Tether to conduct oil sales, evade U.S. sanctions  Kitco NEWS

ONGC says oil an option to recoup $600 mln from Venezuela dividend - The HinduONGC says oil an option to recoup $600 mln from Venezuela dividend  The Hindu

Venezuela: Decree exonerates foreign currency debits that generate certain transactions with securities from paying ... - GlobalComplianceNewsVenezuela: Decree exonerates foreign currency debits that generate certain transactions with securities from paying ...  GlobalComplianceNews

Economic Watch: U.S. decision to reimpose sanctions on Venezuela adds uncertainty to global oil market - XinhuaEconomic Watch: U.S. decision to reimpose sanctions on Venezuela adds uncertainty to global oil market  Xinhua

US ties renewal of easing of Venezuela oil sanctions to progress on elections - Reuters CanadaUS ties renewal of easing of Venezuela oil sanctions to progress on elections  Reuters Canada

Oil traders are flocking to sanctions-free Venezuela | Mint - MintOil traders are flocking to sanctions-free Venezuela | Mint  Mint

Presidential elections in Venezuela: Less free than ever - Global VoicesPresidential elections in Venezuela: Less free than ever  Global Voices

Tether vows to freeze assets after Venezuela looks to crypto to bypass oil sanctions - CointelegraphTether vows to freeze assets after Venezuela looks to crypto to bypass oil sanctions  Cointelegraph

Venezuela: vote shows 'overwhelming' support for claim on region of Guyana - The HinduVenezuela: vote shows 'overwhelming' support for claim on region of Guyana  The Hindu

U.S. Restores Oil Sanctions on Venezuela as Hopes Dim for Free Election - The New York TimesU.S. Restores Oil Sanctions on Venezuela as Hopes Dim for Free Election  The New York Times

Venezuela bets on Tether cryptocurrency to skirt oil sanctions - ReadWriteVenezuela bets on Tether cryptocurrency to skirt oil sanctions  ReadWrite

Biden administration to reimpose oil and gas sanctions on Venezuela - The Washington PostBiden administration to reimpose oil and gas sanctions on Venezuela  The Washington Post

Venezuela sanctions return - Splash247 - Splash 247Venezuela sanctions return - Splash247  Splash 247

Boris Johnson broke rules over hedge fund behind Venezuela trip, says watchdog - Financial TimesBoris Johnson broke rules over hedge fund behind Venezuela trip, says watchdog  Financial Times

Venezuelan Humanitarian and Refugee Crisis - CDP - Center for Disaster PhilanthropyVenezuelan Humanitarian and Refugee Crisis - CDP  Center for Disaster Philanthropy

Venezuela agrees to supply oil to India in lieu of pending dividend, says Petroleum Secy - The Economic TimesVenezuela agrees to supply oil to India in lieu of pending dividend, says Petroleum Secy  The Economic Times

Smoke Blankets Venezuela - nasa.govSmoke Blankets Venezuela  nasa.gov

US reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades - The Associated PressUS reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades  The Associated Press

India may import Venezuelan crude at discounted prices: S&P Global | Mint - MintIndia may import Venezuelan crude at discounted prices: S&P Global | Mint  Mint

Venezuela and Honduras announce actions to protest Ecuador’s embassy raid - Al Jazeera EnglishVenezuela and Honduras announce actions to protest Ecuador’s embassy raid  Al Jazeera English

Venezuela I situation: ICC Appeals Chamber to deliver judgment on appeal against authorisation to resume ... - the International Criminal CourtVenezuela I situation: ICC Appeals Chamber to deliver judgment on appeal against authorisation to resume ...  the International Criminal Court

India's Jindal Steel & Power takes over Venezuela iron-ore complex - Mining TechnologyIndia's Jindal Steel & Power takes over Venezuela iron-ore complex  Mining Technology

Venezuelans on mopeds are driving D.C.'s food delivery scene - The Washington Post - The Washington PostVenezuelans on mopeds are driving D.C.'s food delivery scene - The Washington Post  The Washington Post

Venezuela Looks to Crypto to Bypass US Sanctions - GreekReporter.com - Greek ReporterVenezuela Looks to Crypto to Bypass US Sanctions - GreekReporter.com  Greek Reporter

Oil Markets Are on Edge Over Iran and Venezuela Sanctions. What Comes Next. - Barron'sOil Markets Are on Edge Over Iran and Venezuela Sanctions. What Comes Next.  Barron's

U.S. reconsiders Venezuela oil sanctions as deadline approaches - NPRU.S. reconsiders Venezuela oil sanctions as deadline approaches  NPR

Venezuela Is Getting Away With Transnational Murder | WPR - World Politics ReviewVenezuela Is Getting Away With Transnational Murder | WPR  World Politics Review

Venezuela sets presidential election for July amid opposition candidate ban - Al Jazeera EnglishVenezuela sets presidential election for July amid opposition candidate ban  Al Jazeera English

Needless diversion: On Venezuela’s Referendum and its claim over Essequibo - The HinduNeedless diversion: On Venezuela’s Referendum and its claim over Essequibo  The Hindu

Is Venezuela's oil sector revival over? - BNamericas EnglishIs Venezuela's oil sector revival over?  BNamericas English

Venezuela orders suspension of UN rights office, gives staff days to leave - Al Jazeera EnglishVenezuela orders suspension of UN rights office, gives staff days to leave  Al Jazeera English

Venezuela plans to speed up USDT adoption following US sanctions: Reuters - The BlockVenezuela plans to speed up USDT adoption following US sanctions: Reuters  The Block

U.S. reimposes oil sanctions on Venezuela as hopes for fair election fade - MarketWatchU.S. reimposes oil sanctions on Venezuela as hopes for fair election fade  MarketWatch

Venezuela: Sanctions Actions and Supporting Democracy - United States Department of State - Department of StateVenezuela: Sanctions Actions and Supporting Democracy - United States Department of State  Department of State

ICC Prosecutor Karim Khan Visits Venezuela's Parliament - Barron'sICC Prosecutor Karim Khan Visits Venezuela's Parliament  Barron's

Reassessing U.S. Sanctions Strategy Towards Venezuela - Global AmericansReassessing U.S. Sanctions Strategy Towards Venezuela  Global Americans

Who is Edmundo González, the Venezuelan opposition's new hope? - WLRNWho is Edmundo González, the Venezuelan opposition's new hope?  WLRN

Venezuela I situation: ICC Appeals Chamber to hold hearing on appeals against authorisation to resume investigations ... - the International Criminal CourtVenezuela I situation: ICC Appeals Chamber to hold hearing on appeals against authorisation to resume investigations ...  the International Criminal Court