Venezuela Financial News

Venezuela’s main opposition coalition has urged the U.S. to cancel licenses for Chevron and other energy companies

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

Bitcoin is trading at $54,400, with a modest 0.20% increase over the past 24 hours. While the cryptocurrency market grapples with bearish trends, Bitcoin’s adoption continues to rise, particularly in countries facing economic instability.

A three-year survey was undertaken in collaboration with a friendly country to verify the presence of the oil and gas reserves, DawnNewsTV quoted a senior security official as saying on Friday. The geographic survey has allowed Pakistan to identify the location of the deposits, and the relevant departments have informed the government of the resources found in Pakistani waters.

Christmas has come early in Venezuela, at least for the country’s embattled president Nicolás Maduro.

Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

Venezuelans awoke Friday to a major power outage in the capital, Caracas, and several states

ONGC is seeking US exemption to get operational control of its fields in sanctions-hit Venezuela, a top executive said, adding that the Latin American country has already agreed to it in principle. ONGC has stakes in two Venezuelan oil fields — Sancristobal and Carabobo-1 — but has been unable to receive its share of income for years, first due to enduring financial troubles in the Latin American country and then the imposition of the US sanctions that blocked oil trade and payment channels. ONGC hasn’t been able to repatriate about $500 million of dividends from Venezuela. In both fields, the Venezuelan state firm PDVSA has the majority stake and controls the operation and finances of the fields even though ONGC is technically the joint operator.

Mid-Century Modern, the multi-camera comedy pilot starring Nathan Lane, Matt Bomer, and Linda Lavin, has received a series order from Hulu. The pickup order comes two months after the TV Pilot written by David Kohan and Max Mutchnick was officially green lighted.

More than 40 families of victims of an airliner crash in Brazil have gathered at a morgue and hotels in Sao Paulo as three French government investigators arrived in the country

The South Korean crypto exchange GOPAX has secured an eleventh-hour reprieve that will let it continue trading fiat parings, thanks to a “temporary” banking deal.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

Brazilian rescue teams have retrieved the remains of all 62 passengers from the wreckage of a plane crash in Sao Paulo state as families began gathering in the metropolis to identify and bury their loved ones

Sao Paulo as forensics experts work to identify the remains of the 62 people killed in the accident. Local authorities said the bodies of the pilot, Danilo Santos Romano, and his co-pilot, Humberto de Campos Alencar e Silva, were the first to be identified by forensics experts. Sao Paulo state government said in a statement Saturday evening that the remains of all the victims had been recovered. There were 34 male and 28 female bodies in the wreckage, it said. The ATR 72 twin-engine turboprop operated by Brazilian airline Voepass was headed for Guarulhos international airport in Sao Paulo with 58 passengers and four crew members when it went down Friday in Vinhedo, 78 kilometres north of the metropolis. Voepass said three passengers who held Brazilian identification also carried Venezuelan documents and one had Portuguese.

Venezuela protests, Ukrainian President Volodymyr Zelenskyy has expressed concern about the presence of Russian mercenaries from the Wagner group, adding that this was an example of Russia's shameless meddling in other countries' affairs. Protests erupted in the Venezuelan capital the day after President Nicolas Maduro declared victory in the election. The opposition denied Maduro's statement as fraudulent, saying that after reviewing 73.2 per cent of the vote count, their candidate Edmundo Gonzalez won convincingly, the local media outlet reported. In a post on X, Zelenskyy stated, «Worrying reports of Russian Wagner mercenaries being spotted in Venezuela alongside government forces. Wherever these thugs go, they bring death and destabilization.»

Venezuelan trap shooter Leonel Martinez, age is just a number. He is back at the Olympics after 40 long years and is not ready to walk into the sunset just yet. Martinez finished 28th in men's trap competition of the Paris Games, missing only nine of his 125 shots. It was his second Games appearance after the Los Angeles Olympics back in 1984. The next edition of the mega event will be staged in Los Angeles and Martinez says it is only fitting he finishes from where he started four decades ago. «I have a light inside guiding me towards Los Angeles 2028. That is the future for me. The work for that starts right now. I will be working with my body and with my mind. This sport is 90 per cent mental,» said Martinez, who is not a firm believer in sports science.

Billionaire Elon Musk has offered to leap into the ring for a slugfest, again, this time to take on Venezuelan President Nicolas Maduro, who dared him on television to an anytime-anywhere match. “I accept," Musk replied to an X user who posted a video clip of Maduro challenging him. “Elon Musk.

Nicolas Maduro of committing a “major election fraud,” and labeling him a “dictator”, billionaire businessman Elon Musk has accepted his challenge to fight him on X. He also predicted that the Latin American leader will “chicken out” of the fight. Earlier, the reelected president of the oil-rich country said that the social media creates a virtual reality. He called the Tesla CEO his «new archenemy» and challenged him to fight him on television. Maduro said, “Do you want to fight? Let’s do it. Elon Musk, I’m ready. I’m not afraid of you, Elon Musk. Let’s fight, wherever you want.”

The EU’s landmark regulation for crypto takes effect within the week – and it doesn’t seem that any major specialised players have succeeded in getting authorised.  

Maria Corina Machado is not the opposition candidate against President Nicolas Maduro as the oil-rich Latin American country Venezuela is going to polls, but the incumbent president targets her in almost every election rally he addresses. The 56-year-old lady would not be the president if the opposition won the poll, but she has emerged as the biggest hope for the opposition. A little-known former diplomat Edmundo Gonzalez has been pitched against the powerful socialist leader. Within a few months, Machado has succeeded in building a powerful social movement that has attracted thousands of people from among the masses.

Eleven years into Venezuela’s crisis, the days of food shortages are virtually gone