Venezuela

Latin America growth slips as weak investment persists, World Bank says

bnl editorial staff April 9, 2026

The World Bank has cut its 2026 growth forecast for Latin America and the Caribbean to 2.1%, down from 2.4% recorded last year, warning that the region faces a toxic combination of weak investment, tight fiscal space, and productivity deficits.

Jurong Island’s output cut triggers $1.64 petrol spike in Australia

bno - Surabaya Office April 2, 2026

Singapore’s reclaimed oil refining region, the 32-square-kilometre Jurong Island, has become the primary driver of record-high petrol prices in Australia as Middle East supply shocks ripple through the Asia-Pacific energy corridor.

Venezuela opens for business, but investors weigh promise against reality

Marco Cacciati April 1, 2026

Reforms to oil, mining and financial laws have accelerated since the fall of Maduro, but legal ambiguity, institutional weakness and unresolved questions over democracy are tempering enthusiasm among investors, Orinoco Research says.

US embassy reopens in Caracas after six-year freeze

bnl editorial staff March 30, 2026

The United States has formally resumed operations at its embassy in Caracas, reopening a diplomatic mission shuttered since 2019 in a move that signals a marked shift in Washington's engagement with Venezuela.

Venezuela's Rodríguez woos Washington in push to free frozen IMF reserves

bnl editorial staff March 25, 2026

Venezuela's interim president Delcy Rodríguez is seeking to unlock roughly $4.9bn in Special Drawing Rights (SDRs) held by the country at the International Monetary Fund (IMF), frozen since 2019 amid a dispute over the country’s political status.

Venezuela's two most powerful women pitch competing visions to investors

bnl editorial staff March 25, 2026

Venezuela's acting president Delcy Rodríguez is due to address an international investment summit in Miami on March 25, a day after opposition leader María Corina Machado made her own appeal to the energy industry at a separate Houston conference.

Which countries face the broadest international sanctions? Statista

Tristan Gaudiaut for Statista March 20, 2026

As geopolitical tensions remain elevated and economic measures are becoming a key foreign policy tool, sanctions continue to shape global trade and diplomacy, Statista reports.

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