Officials from the Venezuelan government and opposition are expected to meet next week in Mexico City to kick off negotiations aimed at ending a political …
Chevron license in Venezuela renewed
Chevron Corp, the last major U.S. oil company still operating in Venezuela, received a new U.S. government license allowing it to remain in Venezuela until …
Foreign Secretary Dominic Raab to intervene in case over £1.4bn of gold deposited in the Bank of England
A London court next month will hold hearings in a dispute between Venezuela’s government and opposition over control of gold held in the Bank of …
Venezuela’s president agrees to meet with opposition
Venezuelan President Nicolas Maduro announced Wednesday 12 May 2021 that he is ready to meet with the opposition. This follows an invite from Guaido the …
A change of approach is needed to resolve Venezuela’s crises
” In recent days we have seen harrowing pictures of refugees fleeing the political crisis in Venezuela. It is a tragic situation to see such …
World Food Programme, Venezuela reach deal to supply food
he United Nations’ World Food Programme (WFP) and Venezuelan officials said on Monday 19th April 2021 they had reached a deal to supply food to …
Venezuela Cut Off From Share of IMF’s $650bn New Reserves
To help emerging and low-income nations deal with mounting debt and Covid-19, the IMF is planning to give countries a proposed $650bn in special drawing …
Biden’s administration to keep sanctions on Venezuela as they are
Biden’s administration will likely keep the sanctions on Venezuela as they are. Bondholders shouldn’t expect sanctions to be eased unless Maduro negotiates in good faith …
Maduro’s conditional offer extended again by 30 days
Deadline for bondholders to respond to Maduro’s conditional offer has been extended by 30 days from 13 February to 14 March 2021. Under the terms …
3rd circuit again in the Crystallex case
On 12 February 2021, PDVSA appealed the decision from last month of Judge Stark in Delaware that allowed Crystallex to go ahead with the sale …