Venezuela

ECLAC cuts Latin America growth forecast amid global uncertainties

bne IntelliNews April 30, 2025

The UN's Economic Commission for Latin America and the Caribbean (ECLAC) has downgraded its 2025 growth forecast to 2%, adding to a chorus of international institutions painting a bleak outlook for the region.

Trinidad opposition sweeps to power in decisive election victory

Mathew Cohen April 30, 2025

Trinidad and Tobago's parliamentary elections on April 28 delivered a victory for Kamla Persad-Bissessar's centre-left United National Congress (UNC) party, which secured 26 of 41 seats in the House of Representatives.

Venezuela embraces Russian GLONASS in challenge to US satellite dominance

bne IntelliNews April 28, 2025

Russia is accelerating the expansion of ground correction stations for its GLONASS satellite navigation system across Latin America, with Venezuela set to become the latest country to host the technology within weeks.

LatAm set to be world's slowest-growing region as World Bank slashes forecasts

bne IntelliNews April 24, 2025

Economic expansion for region projected to be slowest globally as external pressures mount

Venezuela’s Henrique Capriles expelled from opposition party

bne intellinews April 16, 2025

Venezuela’s opposition party Primero Justicia has expelled six senior members, including former presidential candidate Henrique Capriles, over their decision to contest upcoming legislative and regional elections in May.

Venezuela's Maduro to attend Moscow's Victory Day parade

bne IntelliNews April 14, 2025

Venezuelan President Nicolas Maduro will travel to Moscow to participate in Russia's Victory Day celebrations on May 9, Russian Foreign Minister Sergei Lavrov has announced.

Latin American leaders blast US tariffs at CELAC summit as China offers economic lifeline

bne IntelliNews April 10, 2025

Latin American leaders gathered in Honduras on April 9 to condemn United States trade measures during the ninth summit of the Community of Latin American and Caribbean States (CELAC).

US cancels Shell, BP licences for Venezuela and Trinidad offshore projects

Mathew Cohen April 10, 2025

In a significant setback for Trinidad and Tobago's energy ambitions, Prime Minister Stuart Young announced that the United States had revoked crucial OFAC licenses that enabled major cross-border natural gas developments with Venezuela.

Latin America to miss more than three-quarters of 2030 sustainability targets, ECLAC says

bne IntelliNews April 4, 2025

The region's progress on UN goals is hampered by weak institutions and debt burden, warns UN commission in a new report.

Tariffs: Who Imports Venezuelan Oil? - Statista

Katharina Buchholz for Statista April 3, 2025

On top of being the potential target of reciprocal tariffs by the United States from April 2 on, India has now been threatened with another type of US trade action.

Venezuelan opposition aligns with Maduro on Essequibo claims, risking US ties

bne intellinews April 3, 2025

Venezuelan opposition leaders María Corina Machado and Edmundo González Urrutia reaffirmed their commitment to defending the country’s century-old claim over Guyana's Essequibo territory.

Latin America escapes full wrath of Trump's tariffs, as few nations bear brunt

bnl editorial staff April 3, 2025

Most regional economies hit with baseline 10% rate while Venezuela, Nicaragua and Guyana face steeper levies.

Nearly 1,500 migrants deported from US, Venezuela confirms

bne intellinews April 1, 2025

Venezuela's government has confirmed the return of nearly 1,500 Venezuelan migrants deported from the United States, following the arrival of a flight carrying 175 deportees.

US revokes Repsol, Eni, and Maurel et Prom Venezuela oil licences

Mathew Cohen March 31, 2025

The Trump administration has stripped oil majors Repsol, Maurel et Prom and Eni of Venezuela crude export licences, ratcheting up pressure on the regime of President Nicolas Maduro.

Trump threatens 25% tariffs on Venezuelan oil buyers, extends Chevron licence

bne IntelliNews March 24, 2025

US President Donald Trump has announced a sweeping 25 per cent tariff on any country purchasing oil or gas from Venezuela, escalating his administration's economic pressure on the South American country and its international trading partners.

IMF: How Artificial Intelligence can boost productivity in Latin America

Bas B. Bakker, Sophia Chen, Dmitry Vasilyev for IMF March 24, 2025

Latin America and the Caribbean has long been a region with one of the most informal labour markets. A large part of the workforce is outside of the formal economy, leaving many people without access to benefits and protections.

Venezuelan opposition members endure year-long confinement in Argentina's embassy

bne IntelliNews March 21, 2025

A year has passed since six key members of Venezuelan opposition leader María Corina Machado’s campaign team sought refuge in Argentina’s embassy in Caracas to evade arrest by Nicolás Maduro’s regime.

Chevron presses Trump for Venezuela oil licence reprieve

Marco Cacciati March 20, 2025

Chevron is mounting a last-ditch effort to salvage its Venezuelan operations by engaging in intense lobbying at the highest levels of the US government.

Putin extends diplomatic lifeline to Venezuela's Maduro in Victory Day invitation

bne IntelliNews March 17, 2025

Russian President Vladimir Putin has invited Venezuelan President Nicolás Maduro to Moscow's Victory Day celebrations on May 9, celebrating the 80th anniversary of their diplomatic relations.

US pays El Salvador $6mn to house Venezuelan gang members in controversial prison deal

Alek Buttermann March 17, 2025

El Salvador has received 238 alleged members of Venezuela's Tren de Aragua gang and 23 MS-13 members from the United States, establishing what analysts describe as an unprecedented model of cross-border incarceration services.

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