Venezuela Financial News

Keith Rowley's office on Monday, followed a weekend of particularly bloody violence. As reported by The Guardian, five men were fatally shot in an estate near the capital, Port of Spain, and a 57-year-old woman was killed while collecting her son from a hospital in San Fernando.

Subscribe to enjoy similar stories. Our pages have been full of suffering in 2024. War has raged on three continents: the world watched Gaza, Lebanon and Ukraine most closely, but the fighting in Sudan was the most deadly.

Reliance Industries shares will remain in focus on Friday after Venezuela's state oil company PDVSA and Reliance Industries resumed an oil swap arrangement that was previously halted due to U.S. sanctions. This development follows a U.S. license granted in July authorizing such trade, according to an internal PDVSA document. A supertanker carrying about 1.9 million barrels of Venezuelan Merey heavy crude departed earlier this month for India's Sikka port, while a unit of Reliance delivered a 500,000-barrel cargo of heavy naphtha to PDVSA this month in exchange, according to the document.

A grand jury in Washington has returned an indictment against former Congressman David Rivera for failing to register as a foreign agent of a sanctioned Venezuelan media tycoon on whose behalf the Miami Republican allegedly lobbied the Trump administra...

Canada has imposed economic sanctions on five Venezuelan officials, including the head of the country’s high court, accusing them of engaging in electoral fraud during the disputed July presidential election

Subscribe to enjoy similar stories. The crew of the Grand Sunny cargo ship has been stuck at sea for a year, unpaid and often hungry, after the vessel’s mysterious owner stopped paying the bills. The fate of the 11 men on board the Grand Sunny off the coast of China is increasingly common in the global shipping industry.

Guyana as President Irfan Ali broke the protocol to receive PM Modi at the airport. Both Guyana and Barbados, another small Caribbean country, will confer their highest national awards on Modi. People of Indian origin, the biggest ethnic group in Guyana, make up 43.5% of the population. There are around 3,20,000 people of Indian origin in Guyana, according to the Ministry of External Affairs (MEA), which described it as «one of the oldest Indian diasporas, which migrated more than 185 years ago». «Prime Minister received a rousing and colorful welcome from the Indian community and the Indo-Guyanese diaspora in the presence of several Cabinet Ministers of Guyana,» the MEA said in a statement. However, the presence of a large Indian-origin community is not the only reason PM Modi is visiting Guyana. It may be a tiny country but it is assuming great global significance due to its huge oil reserves. Forging economic relations with smaller countries is part of Modi's agenda to bring together the Global South.

Argentina's Lionel Messi and Brazil's Vinicius Junior had frustrating nights in South American World Cup qualifying. While Messi could not help his team avoid a 2-1 defeat at Paraguay, Vinicius Junior missed a second-half penalty as Brazil was held to a 1-1 draw at Venezuela on Thursday. Argentina will remain on the top of the 10-team round robin competition with a 22 points in 11 matches, Brazil is provisionally in third place in the standings with 17 points. Also on Thursday, Ecuador beat Bolivia 4-0. The Ecuadorians remain in fifth position with 16 points, while Bolivia is in eighth place with 12 points.

Subscribe to enjoy similar stories. The US won the Cold War when the Soviet Union fell in 1991. The history of ideological conflict also ended, according to the American political scientist Francis Fukuyama.

Brent crude oil futures fell 47 cents, or 0.6%, to $75.16 per barrel by 0446 GMT. U.S. West Texas Intermediate (WTI) crude fell 55 cents or 0.8% to $71.81. The benchmarks fell after rising nearly 1% on Thursday.

A Venezuelan subsidiary of a Spanish phone company will pay more than $85 million to resolve a U.S. Justice Department investigation into a scheme to bribe Venezuelan government officials

Oil prices edged up on Thursday following a sell-off triggered by the U.S. presidential election, as risks to oil supply from a Trump presidency and a hurricane building in the Gulf Coast outweighed a stronger U.S. dollar and higher inventories. Brent crude oil futures rose 26 cents, or 0.35%, to $75.18 per barrel by 0125 GMT. U.S. West Texas Intermediate (WTI) crude gained 16 cents or 0.22% to $71.85.

Texas Gov. Greg Abbott details the states stock exchange venture to rival Wall Street, the impact of the immigration crisis on jobs and his vow to eliminate Venezuelan gang Tren de Aragua in the state.

A Venezuelan media tycoon has been charged in federal court in Florida for what authorities say was his role in laundering money in a conspiracy to siphon more than $1 billion from Venezuela's state oil company

Venezuela’s top prosecutor has announced the arrest of a former oil minister and accused him of working with the U.S. government to undermine the industry that drives the country’s economy

U.S. Justice Department on Monday proposed new rules to protect federal government data or Americans' bulk personal data from getting into the hands of countries like China, Iran and Russia by placing new limits on certain business transactions. The proposal, which was previewed in March, implements an executive order issued earlier this year by President Joe Biden which aims to keep foreign adversaries from using accessible American financial and genomic data and health data for cyber attacks, espionage and blackmail. In addition to China, Russia and Iran, the rule would also apply to Venezuela, Cuba and North Korea.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

As record numbers of South Americans come to the U.S. seeking better economic opportunities, many are landing in communities that are unprepared for them — and sometimes outright hostile

First-time applications from people seeking asylum in European Union countries declined in June, with Syrians, Venezuelans, and Afghans being the primary applicants, a report from the bloc's statistics agency Eurostat showed on Friday. Eurostat reported 70,375 first-time asylum requests from non-EU citizens across the bloc's 27 countries, a decrease of 17% compared to June 2023. Syrians remained the largest share of applicants, accounting for 12% in June, followed by Venezuelans and Afghans, accounting for 9% and 8% respectively.