Venezuela Financial News
23.03 / 06:29
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security
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country
reports
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Donald Trump does not know who signed Alien Enemies Act to deport Venezuelan migrants
Donald Trump has denied signing the Alien Enemies Act to deport Venezuelan migrants. “I don’t know when it was signed, because I didn’t sign it,” Trump told reporters. Trump, however, defended his administration saying, “We want to get criminals out of our country, number one, and I don’t know when it was signed, because I didn’t sign it...Other people handled it, but (Secretary of State) Marco Rubio has done a great job and he wanted them out and we go along with that. We want to get criminals out of our country.” His comments came after Judge James Boasberg claimed that the proclamation was “signed in the dark” of night and that migrants were hurried onto planes, CNN reported. The judge had issued a two-week temporary block on Trump's use of the Alien Enemies Act of 1798 to deport 238 alleged members of Tren de Aragua, a Venezuelan gang. The judge said in court that any flights already en route should return to the US. His written order following the hearing appeared in the court's online docket, the justice department said in a court filing.
23.03 / 01:55
security
President
Justice
2020
Department
Courts
rights
Trump targets lawyers in immigration cases, lawsuits against administration
In a memorandum to U.S. Attorney General Pam Bondi late on Friday, Trump said lawyers were helping to fuel «rampant fraud and meritless claims» in the immigration system, and directed the Justice Department to seek sanctions against attorneys for professional misconduct. The order also took aim at law firms that sue the administration in what Trump, a Republican, called «baseless partisan» lawsuits. He asked Bondi to refer such firms to the White House to be stripped of security clearances, and for federal contracts they worked on to be terminated. Ben Wizner, a senior lawyer at the American Civil Liberties Union, said the new directive sought to «chill and intimidate» lawyers who challenge the president's agenda. Trump has separately mounted attacks on law firms over their internal diversity policies and their ties to his political adversaries. «Courts have been the only institution so far that have stood up to Trump's onslaught,» Wizner said. «Courts can't play that role without lawyers bringing cases in front of them.» The ACLU is involved in litigation against the administration over immigrant deportations, including the expulsion of alleged Venezuelan gang members.
21.03 / 20:15
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ICE
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love
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Venezuelan soccer player deported by ICE after ‘I Love You’ hand gesture was wrongly seen as a gang symbol, sparks outrage
Alien Enemies Act after U.S. immigration officials accused him of gang ties. Reyes Barrios, who fled Venezuela in 2024 following imprisonment and torture for protesting the Maduro regime, had legally sought asylum via the CBP One app. Despite no criminal history, ICE detained him, citing a social media photo and a tattoo as evidence of alleged ties to the Tren de Aragua gang.
19.03 / 16:19
Provident
Fox
President
Justice
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Interviews
Trump administration accuses judge of overstepping authority in Venezuela deportations dispute
Justice Department lawyers said in a court filing that Washington-based U.S. District Judge James Boasberg was improperly intruding on presidential discretion to handle sensitive diplomatic and national security matters. Boasberg has issued an order temporarily banning the administration from removing migrants from the United States under the 18th century law that Trump invoked in proceeding with the deportations. Trump invoked the law, the Alien Enemies Act of 1798, to declare that the Venezuelan prison gang Tren de Aragua was conducting irregular warfare against the United States, subjecting its alleged members to deportation without a final order from an immigration judge, as generally required. «The pending questions are grave encroachments on core aspects of absolute and unreviewable Executive Branch authority,» the Justice Department lawyers wrote. The filing on Wednesday came a day after U.S. Chief Justice John Roberts rebuked Trump for calling for the judge's impeachment.
18.03 / 17:53
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Remark
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Justice
social
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Can judges be impeached for their rulings? Chief Justice John Roberts says no amid Trump’s call for removal
Chief Justice John Roberts pushed back against calls to impeach federal judges over their decisions, emphasizing the importance of judicial independence. His remarks come amid increasing political pressure on judges following controversial rulings on immigration and other hot-button issues.
18.03 / 15:39
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Fighting
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social
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rights
'Troublemaker, agitator': Trump calls for impeaching the federal judge who ruled against his deportations
Donald Trump said Tuesday that a federal judge who tried to stop his deportation plans should be impeached, escalating his conflict with a judiciary that's been one of the few restraints on his administration's aggressive plans. Trump has routinely criticized judges, especially as they limit his efforts to expand presidential power and impose his sweeping agenda on the federal government. But his call for impeachment — a rare step that is usually taken only in cases of grave ethical or criminal misconduct — represents an intensifying clash between the judicial and executive branches. The Republican president described U.S. District Judge James E. Boasberg in Washington, as an unelected «troublemaker and agitator» in a post on Truth Social, his social media platform. Boasberg recently issued an order blocking deportation flights under wartime authorities from an 18th century law that Trump invoked to carry out his plans. «HE DIDN'T WIN ANYTHING! I WON FOR MANY REASONS, IN AN OVERWHELMING MANDATE, BUT FIGHTING ILLEGAL IMMIGRATION MAY HAVE BEEN THE NUMBER ONE REASON FOR THIS HISTORIC VICTORY,» Trump wrote on Tuesday. «I'm just doing what the VOTERS wanted me to do. This judge, like many of the Crooked Judges' I am forced to appear before, should be IMPEACHED!!!» ALSO READ: Trump's approval rating soars to new high, Americans say US is on right track than any time in 20 years: poll
17.03 / 08:43
Russia using cryptocurrency for oil trade with India, China to beat sanctions: Sources
Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources with direct knowledge of the matter. While Russia has publicly encouraged the use of crypto and last summer passed a law to allow digital currency payments in international trade, its use in the country's oil trade has not previously been reported.
17.03 / 02:05
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Trump administration deports hundreds of immigrants even as a judge orders their removals be stopped
Trump administration has transferred hundreds of immigrants to El Salvador even as a federal judge issued an order temporarily barring the deportations under an 18th century wartime declaration targeting Venezuelan gang members, officials said Sunday. Flights were in the air at the time of the ruling. U.S. District Judge James E. Boasberg issued an order Saturday temporarily blocking the deportations, but lawyers told him there were already two planes with immigrants in the air — one headed for El Salvador, the other for Honduras. Boasberg verbally ordered the planes be turned around, but they apparently were not and he did not include the directive in his written order. White House press secretary Karoline Leavitt, in a statement Sunday, responded to speculation about whether the administration was flouting court orders: «The administration did not 'refuse to comply' with a court order. The order, which had no lawful basis, was issued after terrorist TdA aliens had already been removed from U.S. territory.» The acronym refers to the Tren de Aragua gang, which Trump targeted in his unusual proclamation that was released Saturday In a court filing Sunday, the Department of Justice, which has appealed Boasberg's decision, said it would not use the Trump proclamation he blocked for further deportations if his decision is not overturned.
16.03 / 18:51
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Citizens
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International
US sends 'Venezuelan Gang Members' to El Salvador prison despite court block
Venezuelan gang to be imprisoned in El Salvador, President Nayib Bukele said Sunday, after US counterpart Donald Trump invoked wartime authorities to expel migrants. Trump signed an order invoking the Alien Enemies Act of 1798 on Friday, but it was not publicly announced until Saturday. The wartime authority allows a president to detain or deport citizens of an enemy nation, but has been invoked only three times before during major international conflicts. Civil rights groups sued to block the order, with a federal judge Saturday granting a temporary suspension of the order, apparently as planes were already headed to El Salvador. «Today, the first 238 members of the Venezuelan criminal organization, Tren de Aragua, arrived in our country,» Bukele said on X. Bukele, in a meeting last month with US secretary of state Marco Rubio, had offered to house prisoners from the US in his country. He said in his post that the alleged gang members had been sent to the country's maximum security Terrorism Confinement Center. The detention and expulsion order will apply to all Venezuelan Tren de Aragua members who are over 14 and not naturalized US citizens or lawful permanent residents.
16.03 / 03:07
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President
War
Justice
country
Latin
Courts
Alien Enemies Act: What to know about 1798 law that Trump has invoked for deportations
Trump on Saturday invoked the Alien Enemies Act for the first time since World War II, granting himself sweeping powers under a centuries-old law to deport people associated with a Venezuelan gang. Hours later, a federal judge halted deportations under Trump's order. The act is a sweeping wartime authority that allows non-citizens to be deported without being given the opportunity to go before an immigration or federal court judge. ALSO READ: Trump invokes the 18th-century Alien Enemies Act
16.03 / 02:23
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Trump invokes the 18th-century Alien Enemies Act, a wartime law, amid immigration crackdown; judge stalls it hours later
Trump on Saturday invoked the Alien Enemies Act of 1798, claiming the United States was being invaded by a Venezuelan gang called Tren de Aragua. This rarely used war-time law grants the president broad powers to expedite mass deportations, potentially advancing Trump's aggressive immigration crackdown. Trump asserted that Tren de Aragua was acting on behalf of Venezuela's government, describing the gang as a hostile force that poses a serious threat to the United States. «Over the years, Venezuelan national and local authorities have ceded ever-greater control over their territories to transnational criminal organisations, including TdA,» Trump's statement read. «The result is a hybrid criminal state that is perpetrating an invasion of and predatory incursion into the United States.» Hours after Trump’s proclamation, US District Court Chief Judge James E. Boasberg issued an emergency order blocking deportations under the 18th-century law. Boasberg intervened after reports emerged that the government had already begun flying deportees to El Salvador and Honduras for detention.
14.03 / 11:25
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Trump to invoke a seldom-used wartime law from 1798 to speed up deportations
Subscribe to enjoy similar stories. WASHINGTON—The Trump administration is planning to invoke a sweeping wartime authority known as the Alien Enemies Act in an effort to speed up deportations, according to an official familiar with the discussions. Here’s what to know: The Alien Enemies Act was first passed in 1798 and has been seldom used since.
14.03 / 05:25
Digital
Tether
Trade
country
reports
International
Russia leans on cryptocurrencies for oil trade, sources say
Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources with direct knowledge of the matter. While Russia has publicly encouraged the use of crypto and last summer passed a law to allow digital currency payments in international trade, its use in the country's oil trade has not previously been reported. Some Russian oil companies are using bitcoin, ether and stablecoins such as Tether to smooth the conversion of Chinese yuan and Indian rupees to Russian roubles, the sources said, adding that it is a small but growing part of Russia's overall oil trade, which according to the International Energy Agency was worth $192 billion last year. All the sources declined to be identified due to the sensitivity of the matter. Cryptocurrencies have already helped enable countries under U.S. sanctions such as Iran and Venezuela to keep their economies running while avoiding use of the dollar, the preferred currency for transactions in the global oil market.
12.03 / 17:53
Apple
DISH
Fishing
rock
shock
MeritoLima, Peru
Yes, in the kitchen. The energy there is electric, with chefs working mere feet away, turning simple ingredients into magic before your eyes. Chef Juan Luis Martinez masterfully blends Peruvian produce with Venezuelan flair, crafting dishes that are as bold as they are refined. Fish tartare with green tomato, huacatay and matured cheese is a revelation. Scallops with sanky and jalapeno pack a delicate punch. For mains, white fish with cocona citrus is bright and balanced, showcasing Martinez's deft touch.
27.02 / 03:13
03.02 / 14:41
markets
Digital
Strategy
President
PAM
reports
Migrants who entered U.S under Biden-era special program to be deported; Donald Trump to revoke legal status
US President Donald Trump administration is reportedly now planning to revoke all sorts of legal status for many migrants who entered the US under a specifically humanitarian parole program established during former US President Joe Biden's term, reported CNN.
30.01 / 01:11
markets
President
country
Courts
rights
While signing Laken Riley Act, Donald Trump says he'll send 'worst criminal aliens' to Guantanamo
Donald Trump on Wednesday signed the Laken Riley Act into law, giving federal authorities broader power to deport immigrants in the U.S. illegally who have been accused of crimes. He also announced at the ceremony that his administration planned to send the «worst criminal aliens» to a detention center in Guantanamo Bay, Cuba.
21.01 / 11:39
20.01 / 13:19
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reports
MRPL Q3 Results: Net profit drops 21% YoY to Rs 309 crore
Mangalore Refinery and Petrochemicals Ltd (MRPL) on Monday reported a 21 per cent drop in its third-quarter net profit as revenues slid, negating a rise in refinery margins. Its consolidated net profit of Rs 309 crore in October-December 2024 — the third quarter of April 2024 to March 2025 fiscal (FY25) — compared with Rs 392 crore earnings a year back, according to a company statement. The company's revenue from operations fell to Rs 25,601 crore from Rs 28,364 crore in the third quarter of the previous fiscal, largely because of lower oil prices.
19.01 / 07:19
markets
Chevron
Election
President
Experts
country
reports
US rejects Venezuelan President Maduro's reelection, but keeps financial lifeline for his government
Venezuela in 2022. Following years of authoritarian rule and withering economic sanctions, President Nicolas Maduro had agreed to work toward a democratic presidential election. The White House, in return, granted him a financial lifeline: a permit for U.S. energy giant Chevron to pump and export Venezuelan oil.
04.01 / 16:41
Waves
Election
President
social
Latin
International
Venezuela opposition leader recognized by US as election victor embarks on Latin America tour
The Venezuelan opposition leader who the United States recognized as the winner of last year's presidential election has kicked off a tour of Latin America
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