Venezuela

Country Venezuela
Capital Caracas
Continent South America
Currency Bolivar fuerte(VEF)
Languages Spanish

Information

Introduction

Venezuela was one of three countries that emerged from the collapse of Gran Colombia in 1830 (the others being Ecuador and New Granada, which became Colombia). For most of the first half of the 20th century, Venezuela was ruled by generally benevolent military strongmen, who promoted the oil industry and allowed for some social reforms. Democratically elected governments have held sway since 1959. Hugo CHAVEZ, president since 1999, seeks to implement his "21st Century Socialism," which purports to alleviate social ills while at the same time attacking capitalist globalization and existing democratic institutions. Current concerns include: a weakening of democratic institutions, political polarization, a politicized military, drug-related violence along the Colombian border, increasing internal drug consumption, overdependence on the petroleum industry with its price fluctuations, and irresponsible mining operations that are endangering the rain forest and indigenous peoples.

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References

Venezuela - Wikipedia
Venezuela - CIA World Fact Book
Venezuela - BBC
Venezuela - Timeline - BBC

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News Headlines

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Venezuela, IMF, World Bank restore relations, paving way for investment - The HinduVenezuela, IMF, World Bank restore relations, paving way for investment  The Hindu

Venezuela Interim President Confirms Restoring Relations with IMF - Deccan ChronicleVenezuela Interim President Confirms Restoring Relations with IMF  Deccan Chronicle

IMF announces restoring ties with Venezuela after being on pause since 2019 - FirstpostIMF announces restoring ties with Venezuela after being on pause since 2019  Firstpost

Live updates: Ex-Venezuelan leader Nicolás Maduro faces New York court - BBCLive updates: Ex-Venezuelan leader Nicolás Maduro faces New York court  BBC

Spain’s Sanchez says Venezuela’s Machado declined to meet him - ThePrintSpain’s Sanchez says Venezuela’s Machado declined to meet him  ThePrint

Trump TEASES U.S Military Action Like Iran, Venezuela on Cuba; Puts This Condition | Putin FUMES - OneindiaTrump TEASES U.S Military Action Like Iran, Venezuela on Cuba; Puts This Condition | Putin FUMES  Oneindia

Repsol Regains Control of Venezuela Oil Fields, Aims to Boost Production - WSJRepsol Regains Control of Venezuela Oil Fields, Aims to Boost Production  WSJ

Chevron Expands Heavy Oil Footprint in Venezuela - RigzoneChevron Expands Heavy Oil Footprint in Venezuela  Rigzone

China opposes illegal unilateral sanctions lacking basis in international law, abuse of long-arm jurisdiction: FM on impact of US measures against Venezuela on China-Venezuela co-op - Global TimesChina opposes illegal unilateral sanctions lacking basis in international law, abuse of long-arm jurisdiction: FM on impact of US measures against Venezuela on China-Venezuela co-op  Global Times

Top US diplomat in Venezuela leaves post as Trump shifts attention to West Asia - FirstpostTop US diplomat in Venezuela leaves post as Trump shifts attention to West Asia  Firstpost

Economist Proposes National USD Stablecoin to Eliminate Currency Controls in Venezuela - Bitcoin NewsEconomist Proposes National USD Stablecoin to Eliminate Currency Controls in Venezuela  Bitcoin News

Repsol Returns to Venezuela With Ambitious Production Growth Plan - Crude Oil Prices Today | OilPrice.comRepsol Returns to Venezuela With Ambitious Production Growth Plan  Crude Oil Prices Today | OilPrice.com

Maduro’s Successor Is Purging Allies Who Kept Him in Power in Venezuela - The New York TimesMaduro’s Successor Is Purging Allies Who Kept Him in Power in Venezuela  The New York Times

Venezuela’s Machado to hold Madrid rally as opposition frozen out after Maduro capture - The GuardianVenezuela’s Machado to hold Madrid rally as opposition frozen out after Maduro capture  The Guardian

IMF, World Bank say they are restoring ties with Venezuela - Al JazeeraIMF, World Bank say they are restoring ties with Venezuela  Al Jazeera

US eases sanctions on state-run Venezuelan banks - BBCUS eases sanctions on state-run Venezuelan banks  BBC

Venezuela’s Machado Says in Close Talks with US Over Her Return - BloombergVenezuela’s Machado Says in Close Talks with US Over Her Return  Bloomberg

Donald Trump has made Venezuela a better place - The EconomistDonald Trump has made Venezuela a better place  The Economist

IMF, World Bank say they are resuming dealings with Venezuela - CNBCIMF, World Bank say they are resuming dealings with Venezuela  CNBC

Venezuela's Machado says Spanish PM's leftist summit reason for not meeting him - ReutersVenezuela's Machado says Spanish PM's leftist summit reason for not meeting him  Reuters

Venezuela's acting president signs new mining law to attract more investment - Anadolu AjansiVenezuela's acting president signs new mining law to attract more investment  Anadolu Ajansi

Repsol agrees Venezuela deal to boost oil production and regain control of assets - Euronews.comRepsol agrees Venezuela deal to boost oil production and regain control of assets  Euronews.com

Venezuela's Machado doesn't regret gifting Nobel Peace Prize to Trump - RFIVenezuela's Machado doesn't regret gifting Nobel Peace Prize to Trump  RFI

Venezuela resumes IMF ties after years of suspension - chinadailyasia.comVenezuela resumes IMF ties after years of suspension  chinadailyasia.com

International Monetary Fund (IMF) announces resumption of dealings with Venezuela after seven-year pause - The Sentinel - of this Land, for its PeopleInternational Monetary Fund (IMF) announces resumption of dealings with Venezuela after seven-year pause  The Sentinel - of this Land, for its People

Spain’s Repsol wins back control of Venezuelan oil operations - Financial TimesSpain’s Repsol wins back control of Venezuelan oil operations  Financial Times

Repsol expands Venezuela oil output under revised PDVSA pact - ALCHEMProRepsol expands Venezuela oil output under revised PDVSA pact  ALCHEMPro

Venezuela, Russia step up crude shipments, India benefits - The HinduVenezuela, Russia step up crude shipments, India benefits  The Hindu

Scoop: U.S. eases bank sanctions amid Venezuela's economic woes - AxiosScoop: U.S. eases bank sanctions amid Venezuela's economic woes  Axios

IMF, World Bank say they are resuming dealings with Venezuela - ReutersIMF, World Bank say they are resuming dealings with Venezuela  Reuters

Spain's Sanchez says Venezuela's Machado declined to meet him - ReutersSpain's Sanchez says Venezuela's Machado declined to meet him  Reuters

Venezuela's Machado doesn't regret gifting Nobel Peace Prize to Trump - cbs19news.comVenezuela's Machado doesn't regret gifting Nobel Peace Prize to Trump  cbs19news.com

Caracas' iconic macaws threatened by vanishing palm trees - NPRCaracas' iconic macaws threatened by vanishing palm trees  NPR

IMF and World Bank to restore relations with Venezuela - Le Monde.frIMF and World Bank to restore relations with Venezuela  Le Monde.fr

Venezuelan Leader Machado Declines Meeting with Spain's PM Amid Political Summit Tensions - DevdiscourseVenezuelan Leader Machado Declines Meeting with Spain's PM Amid Political Summit Tensions  Devdiscourse

Repsol agreement greenlights production boost in Venezuela - The Energy YearRepsol agreement greenlights production boost in Venezuela  The Energy Year

Venezuela likely to get IMF loan support after necessary groundwork, Georgieva says - ReutersVenezuela likely to get IMF loan support after necessary groundwork, Georgieva says  Reuters

IMF, World Bank restore relations with Venezuela - DW.comIMF, World Bank restore relations with Venezuela  DW.com

Chevron consolidates Venezuela heavy oil position in asset swap - Euro-petrole.comChevron consolidates Venezuela heavy oil position in asset swap  Euro-petrole.com

Top U.S. Diplomat in Venezuela Leaves Post After Arriving in January - The New York TimesTop U.S. Diplomat in Venezuela Leaves Post After Arriving in January  The New York Times

Venezuela is not the triumph Donald Trump claims, but it’s improving - The EconomistVenezuela is not the triumph Donald Trump claims, but it’s improving  The Economist

Repsol agreement sets stage for output growth in Venezuela - marketscreener.comRepsol agreement sets stage for output growth in Venezuela  marketscreener.com

IMF says Venezuela faces long and difficult path to economic stability - annahar.comIMF says Venezuela faces long and difficult path to economic stability  annahar.com

IMF resumes dealings with Venezuela after more than 6-year suspension - Anadolu AjansiIMF resumes dealings with Venezuela after more than 6-year suspension  Anadolu Ajansi

U.S. Moves to Secure Venezuela's Gold as Influence Deepens After Intervention - Crude Oil Prices Today | OilPrice.comU.S. Moves to Secure Venezuela's Gold as Influence Deepens After Intervention  Crude Oil Prices Today | OilPrice.com

Venezuela’s Machado says Spanish PM’s leftist summit reason for not meeting him By Reuters - Investing.comVenezuela’s Machado says Spanish PM’s leftist summit reason for not meeting him By Reuters  Investing.com

Venezuela’s energy sector on a revival journey as Middle East exports endure disruption - Energy ConnectsVenezuela’s energy sector on a revival journey as Middle East exports endure disruption  Energy Connects

Maria Corina Machado receives symbolic ‘golden key’ in Madrid as Venezuelans welcome her - Latin America ReportsMaria Corina Machado receives symbolic ‘golden key’ in Madrid as Venezuelans welcome her  Latin America Reports

Venezuela's Rodriguez pushes reforms in first 100 days - DW.comVenezuela's Rodriguez pushes reforms in first 100 days  DW.com

Venezuela and EU set out roadmap for renewed ties amid political thaw - Euronews.comVenezuela and EU set out roadmap for renewed ties amid political thaw  Euronews.com

US and Venezuela normalize relations three months after abduction of Nicolas Maduro - Le Monde.frUS and Venezuela normalize relations three months after abduction of Nicolas Maduro  Le Monde.fr

Venezuela’s ‘Chavismo’ movement faces a crossroads after US attack - Al JazeeraVenezuela’s ‘Chavismo’ movement faces a crossroads after US attack  Al Jazeera

US lifts sanctions on Venezuelan interim leader Delcy Rodríguez - BBCUS lifts sanctions on Venezuelan interim leader Delcy Rodríguez  BBC

Spain Vibrates Between Right and Left, and Freedom and Democracy in Venezuela - ColombiaOne.comSpain Vibrates Between Right and Left, and Freedom and Democracy in Venezuela  ColombiaOne.com

IMF About to Restore Venezuela Relations, Spain’s Cuerpo Says - BloombergIMF About to Restore Venezuela Relations, Spain’s Cuerpo Says  Bloomberg

US lifts sanctions on Venezuela’s acting president Delcy Rodríguez - The GuardianUS lifts sanctions on Venezuela’s acting president Delcy Rodríguez  The Guardian

Trump and the Venezuela Model of Compliant Autocracy - Time MagazineTrump and the Venezuela Model of Compliant Autocracy  Time Magazine

IMF Re-engages with Venezuela for Economic Stability - DevdiscourseIMF Re-engages with Venezuela for Economic Stability  Devdiscourse

Venezuela, IMF, World Bank restore relations, paving way for investment - France 24Venezuela, IMF, World Bank restore relations, paving way for investment  France 24

Venezuela's Machado doesn't regret gifting Nobel Peace Prize to Trump - The MountaineerVenezuela's Machado doesn't regret gifting Nobel Peace Prize to Trump  The Mountaineer

Venezuela's Acting President Signs New Mining Law To Attract More Investment - BernamaVenezuela's Acting President Signs New Mining Law To Attract More Investment  Bernama

The Venezuela Paradigm: Is Trump’s Model Intervention a Mirage? - International Crisis GroupThe Venezuela Paradigm: Is Trump’s Model Intervention a Mirage?  International Crisis Group

Venezuela: Hundreds Remain Arbitrarily Detained - Amnesty International CanadaVenezuela: Hundreds Remain Arbitrarily Detained  Amnesty International Canada

US removes sanctions on Venezuela’s interim President Delcy Rodriguez - Al JazeeraUS removes sanctions on Venezuela’s interim President Delcy Rodriguez  Al Jazeera

Acting Venezuela President Delcy Rodríguez Retains Foreign Agent - Bloomberg Government NewsActing Venezuela President Delcy Rodríguez Retains Foreign Agent  Bloomberg Government News

Delcy Rodríguez replaces Venezuela’s top military commanders - The GuardianDelcy Rodríguez replaces Venezuela’s top military commanders  The Guardian

US Wants New Electoral Board to Oversee Next Venezuela Vote - BloombergUS Wants New Electoral Board to Oversee Next Venezuela Vote  Bloomberg

The easing of US bank sanctions against Venezuela gives Delcy Rodríguez a lifeline amid social unrest - EL PAÍS EnglishThe easing of US bank sanctions against Venezuela gives Delcy Rodríguez a lifeline amid social unrest  EL PAÍS English

Repsol reaches agreement with Venezuela and will triple production in three years - The Corner .euRepsol reaches agreement with Venezuela and will triple production in three years  The Corner .eu

Zelenskyy Reminds Lukashenka About Events in Venezuela - REFORM.news (????? REFORM.by)Zelenskyy Reminds Lukashenka About Events in Venezuela  REFORM.news (????? REFORM.by)

Venezuela bonds rally as IMF resumes contact with Caracas - Investing.comVenezuela bonds rally as IMF resumes contact with Caracas  Investing.com

Video. Venezuela and EU set out roadmap for renewed ties amid political thaw - Euronews.comVideo. Venezuela and EU set out roadmap for renewed ties amid political thaw  Euronews.com

FirstFT: Venezuelan oil starts to flow - Financial TimesFirstFT: Venezuelan oil starts to flow  Financial Times

Who is running Venezuela after US forces seized Maduro? - BBCWho is running Venezuela after US forces seized Maduro?  BBC

Venezuela’s Machado says in close talks with US over her return - The Straits TimesVenezuela’s Machado says in close talks with US over her return  The Straits Times

Press Release on recent developments in Venezuela - Ministry of External AffairsPress Release on recent developments in Venezuela  Ministry of External Affairs

Venezuela Central Bank Chief Resigns, VP Perez to Take Over - BloombergVenezuela Central Bank Chief Resigns, VP Perez to Take Over  Bloomberg

Venezuela Bonds Rally as IMF Resumes Formal Contact with Caracas - BloombergVenezuela Bonds Rally as IMF Resumes Formal Contact with Caracas  Bloomberg

What Does Venezuela's new Mining Law Mean for Supply Chains? - Supply Chain Digital MagazineWhat Does Venezuela's new Mining Law Mean for Supply Chains?  Supply Chain Digital Magazine

Hikmet Hajiyev meets Venezuelan deputy foreign minister at Antalya Diplomacy Forum - AzerNewsHikmet Hajiyev meets Venezuelan deputy foreign minister at Antalya Diplomacy Forum  AzerNews

U.S. lifts sanctions on Venezuela's acting President Delcy Rodríguez - PBSU.S. lifts sanctions on Venezuela's acting President Delcy Rodríguez  PBS

IMF, World Bank renew Venezuela ties after 6-year rupture - SemaforIMF, World Bank renew Venezuela ties after 6-year rupture  Semafor

Venezuela enacts mining law, thanks Trump for openness - upi.comVenezuela enacts mining law, thanks Trump for openness  upi.com

IMF says it is restoring relations with Venezuela - South China Morning PostIMF says it is restoring relations with Venezuela  South China Morning Post

In one of country's poorest states, Venezuelans hope for post-Maduro boom - BBCIn one of country's poorest states, Venezuelans hope for post-Maduro boom  BBC

Delcy Rodriguez Isn’t Helping Venezuela - The National InterestDelcy Rodriguez Isn’t Helping Venezuela  The National Interest

Machado relies on the U.S. to return to Venezuela when there are free elections - DemócrataMachado relies on the U.S. to return to Venezuela when there are free elections  Demócrata

Venezuela's Machado doesn't regret gifting Nobel Peace Prize to Trump - Northeast Mississippi Daily JournalVenezuela's Machado doesn't regret gifting Nobel Peace Prize to Trump  Northeast Mississippi Daily Journal

Venezuela's Machado doesn't regret gifting Nobel Peace Prize to Trump - swiowanewssource.comVenezuela's Machado doesn't regret gifting Nobel Peace Prize to Trump  swiowanewssource.com

Venezuela, IMF, World Bank restore relations, paving way for investment - KTENVenezuela, IMF, World Bank restore relations, paving way for investment  KTEN

Venezuelan Gov’t Resumes IMF, World Bank Ties, Appoints New Central Bank President - VenezuelanalysisVenezuelan Gov’t Resumes IMF, World Bank Ties, Appoints New Central Bank President  Venezuelanalysis

The aborted Venezuelan plan to buy ballistic missiles from Iran - PoliticoThe aborted Venezuelan plan to buy ballistic missiles from Iran  Politico

LatAm Markets Rose As Hormuz Reopened, Venezuela Bonds Jumped - FinimizeLatAm Markets Rose As Hormuz Reopened, Venezuela Bonds Jumped  Finimize

The Amnesty Law in Venezuela: A Step Toward Democracy? - International Center for Transitional Justice (ICTJ)The Amnesty Law in Venezuela: A Step Toward Democracy?  International Center for Transitional Justice (ICTJ)

Venezuela Announces IMF Asset Recuperation After 9 Years Blocked - teleSUR EnglishVenezuela Announces IMF Asset Recuperation After 9 Years Blocked  teleSUR English

Corina Machado seeks new allies in Spain to ‘displace’ Venezuelan regime - EFE - Agencia de noticiasCorina Machado seeks new allies in Spain to ‘displace’ Venezuelan regime  EFE - Agencia de noticias

Venezuela frees dozens of political prisoners - Times of SurinameVenezuela frees dozens of political prisoners  Times of Suriname

Venezuela bonds rally as IMF resumes contact with Caracas By Investing.com - Investing.com CanadaVenezuela bonds rally as IMF resumes contact with Caracas By Investing.com  Investing.com Canada

IMF resumes relations with Venezuelan authorities for first time since 2019 - Denver GazetteIMF resumes relations with Venezuelan authorities for first time since 2019  Denver Gazette

Cisneros Secures Two-Thirds of $1 Billion Venezuela Recovery Fund - BloombergCisneros Secures Two-Thirds of $1 Billion Venezuela Recovery Fund  Bloomberg

No election date yet in Venezuela as U.S. presses regime to allow Machado’s return - Miami HeraldNo election date yet in Venezuela as U.S. presses regime to allow Machado’s return  Miami Herald

IMF signals Venezuela loan if data and reforms advance - InvezzIMF signals Venezuela loan if data and reforms advance  Invezz