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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Opinion | The Trump Doctrine in Action - WSJOpinion | The Trump Doctrine in Action  WSJ

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

IMF: ANNOUNCES RESUMPTION OF DEALINGS WITH VENEZUELA - news.cgtn.comIMF: ANNOUNCES RESUMPTION OF DEALINGS WITH VENEZUELA  news.cgtn.com

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

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

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

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

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

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

Chevron and PDVSA shake hands on asset swap in Venezuela - Offshore-Energy.bizChevron and PDVSA shake hands on asset swap in Venezuela  Offshore-Energy.biz

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

Chevron grows Venezuela heavy oil position with asset swap - The Energy YearChevron grows Venezuela heavy oil position with asset swap  The Energy Year

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

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

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

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

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

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

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

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

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

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

IMF resumes dealings with Venezuela after six-year gap By Reuters - Investing.comIMF resumes dealings with Venezuela after six-year gap By Reuters  Investing.com

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

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

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

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

Repsol signs deal with Venezuela to increase its production by 50% - Upstream OnlineRepsol signs deal with Venezuela to increase its production by 50%  Upstream Online

Delcy Rodriguez calls for a ‘Venezuela free of sanctions’ amid US detente - Al JazeeraDelcy Rodriguez calls for a ‘Venezuela free of sanctions’ amid US detente  Al Jazeera

IMF to Resume Formal Engagement With Venezuelan Government - Bloomberg.comIMF to Resume Formal Engagement With Venezuelan Government  Bloomberg.com

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

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

IMF and World Bank resume dealings with Venezuela after years of isolation - AnewZIMF and World Bank resume dealings with Venezuela after years of isolation  AnewZ

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

Spain's Repsol moves to gain control of Venezuelan oil operations - ReutersSpain's Repsol moves to gain control of Venezuelan oil operations  Reuters

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

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

IMF About to Restore Venezuela Relations, Spain’s Cuerpo Says - Bloomberg.comIMF About to Restore Venezuela Relations, Spain’s Cuerpo Says  Bloomberg.com

Repsol signs agreement to triple oil production in Venezuela - marketscreener.comRepsol signs agreement to triple oil production in Venezuela  marketscreener.com

US Wants New Electoral Board to Oversee Next Venezuela Vote - Bloomberg.comUS Wants New Electoral Board to Oversee Next Venezuela Vote  Bloomberg.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: Six months of impunity, the attempted murder of Yendri… - World Organisation Against Torture | OMCTVenezuela: Six months of impunity, the attempted murder of Yendri…  World Organisation Against Torture | OMCT

Venezuela Central Bank Chief Resigns, VP Perez to Take Over - Bloomberg.comVenezuela Central Bank Chief Resigns, VP Perez to Take Over  Bloomberg.com

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

Venezuela Welcomes Back IMF and World Bank: A New Dawn for Economic Aid - DevdiscourseVenezuela Welcomes Back IMF and World Bank: A New Dawn for Economic Aid  Devdiscourse

How Venezuela's oil industry has changed since Maduro's capture - marketplace.orgHow Venezuela's oil industry has changed since Maduro's capture  marketplace.org

Spain’s Repsol signs deal to boost oil output in Venezuela - Anadolu AjansiSpain’s Repsol signs deal to boost oil output in Venezuela  Anadolu Ajansi

IMF, World Bank say restoring relations with Venezuela, recognizing interim government - TPI Media GroupIMF, World Bank say restoring relations with Venezuela, recognizing interim government  TPI Media Group

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

IMF resumes Venezuela ties after Maduro’s fall - The Copenhagen PostIMF resumes Venezuela ties after Maduro’s fall  The Copenhagen Post

Why we should care about Iranian and Venezuelan oil - The Jakarta PostWhy we should care about Iranian and Venezuelan oil  The Jakarta Post

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

IMF Resumes Dealings with Venezuela After Seven-Year Suspension - Asianet NewsableIMF Resumes Dealings with Venezuela After Seven-Year Suspension  Asianet Newsable

Repsol to raise Venezuela output under new deal - BNamericasRepsol to raise Venezuela output under new deal  BNamericas

Trump administration lifts key sanctions on Venezuela’s financial system - Miami HeraldTrump administration lifts key sanctions on Venezuela’s financial system  Miami Herald

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

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

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

Venezuela, IMF, World Bank restore relations, paving way for investment - The MountaineerVenezuela, IMF, World Bank restore relations, paving way for investment  The Mountaineer

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 and European Union Forge New Economic Alliance Amid Diplomatic Reset - Sri Lanka GuardianVenezuela and European Union Forge New Economic Alliance Amid Diplomatic Reset  Sri Lanka Guardian

IMF and World Bank Restore Ties with Venezuela - RatopatiIMF and World Bank Restore Ties with Venezuela  Ratopati

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

Venezuela Breaks Isolation as IMF Returns and Billions Hang in Balance - Sri Lanka GuardianVenezuela Breaks Isolation as IMF Returns and Billions Hang in Balance  Sri Lanka Guardian

Venezuela Says IMF Resumes Ties after Years of Suspension - ????? ?????Venezuela Says IMF Resumes Ties after Years of Suspension  ????? ?????

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, IMF, World Bank restore relations, paving way for investment - Myanmar International TVVenezuela, IMF, World Bank restore relations, paving way for investment  Myanmar International TV

The IMF and the World Bank resume relations with Venezuela - Diari ARAThe IMF and the World Bank resume relations with Venezuela  Diari ARA

Venezuela, IMF, World Bank restore relations, paving way for investment - Caledonian RecordVenezuela, IMF, World Bank restore relations, paving way for investment  Caledonian Record

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

Maduro is gone. Venezuela is still waiting for meaningful change. - The Christian Science MonitorMaduro is gone. Venezuela is still waiting for meaningful change.  The Christian Science Monitor

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

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

Bishop reminds Venezuelan people: ‘Christ’s resurrection is a source of solace and strength’ - EWTN NewsBishop reminds Venezuelan people: ‘Christ’s resurrection is a source of solace and strength’  EWTN News

Venezuela: Trump Administration Issues Banking Licenses as Rodríguez Eyes ‘Long-Term’ US Energy Ties - VenezuelanalysisVenezuela: Trump Administration Issues Banking Licenses as Rodríguez Eyes ‘Long-Term’ US Energy Ties  Venezuelanalysis

Venezuela, IMF, World Bank restore relations, paving way for investment - Northeast Mississippi Daily JournalVenezuela, IMF, World Bank restore relations, paving way for investment  Northeast Mississippi Daily Journal

IMF Resumes Dealings With Venezuela After More Than Six-Year Suspension - BernamaIMF Resumes Dealings With Venezuela After More Than Six-Year Suspension  Bernama

Suelopetrol says it has not been notified of Chevron's expansion at Venezuela joint venture - ReutersSuelopetrol says it has not been notified of Chevron's expansion at Venezuela joint venture  Reuters

Venezuela, IMF, World Bank restore relations, paving way for investment - Newsbug.infoVenezuela, IMF, World Bank restore relations, paving way for investment  Newsbug.info

Venezuela, IMF, World Bank restore relations, paving way for investment - Index-JournalVenezuela, IMF, World Bank restore relations, paving way for investment  Index-Journal

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

Spain VP says IMF could recognize Venezuela soon, hastening reengagement - KTENSpain VP says IMF could recognize Venezuela soon, hastening reengagement  KTEN

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

Venezuela Approves New Law to Open Mining to Foreign Investors - The New York TimesVenezuela Approves New Law to Open Mining to Foreign Investors  The New York Times

Venezuela, IMF, World Bank restore relations, paving way for investment - Key Biscayne PortalVenezuela, IMF, World Bank restore relations, paving way for investment  Key Biscayne Portal

Venezuela central bank chief resigns, VP Perez to take over - The Edge SingaporeVenezuela central bank chief resigns, VP Perez to take over  The Edge Singapore

Cisneros Secures Two-Thirds of $1 Billion Venezuela Recovery Fund - Bloomberg.comCisneros Secures Two-Thirds of $1 Billion Venezuela Recovery Fund  Bloomberg.com

Venezuela, IMF, World Bank restore relations, paving way for investment - Citizen TribuneVenezuela, IMF, World Bank restore relations, paving way for investment  Citizen Tribune

IMF Resumes Dealings With Venezuela - Mirage NewsIMF Resumes Dealings With Venezuela  Mirage News

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

Venezuela’s Delcy Rodríguez erases images of past leaders - Financial TimesVenezuela’s Delcy Rodríguez erases images of past leaders  Financial Times

IMF, World Bank Resume Dealings With Venezuela After Seven-Year Break - Arise NewsIMF, World Bank Resume Dealings With Venezuela After Seven-Year Break  Arise News

Inflation rate in Venezuela 1980-2026 - StatistaInflation rate in Venezuela 1980-2026  Statista

Spain VP says IMF could recognize Venezuela soon, hastening reengagement - Nonstop Local News MontanaSpain VP says IMF could recognize Venezuela soon, hastening reengagement  Nonstop Local News Montana

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

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

Venezuela, IMF, World Bank restore relations, paving way for investment - Community Newspaper GroupVenezuela, IMF, World Bank restore relations, paving way for investment  Community Newspaper Group

Venezuela's Rodriguez calls for US sanction removal, says licenses are not enough - ReutersVenezuela's Rodriguez calls for US sanction removal, says licenses are not enough  Reuters

Repsol regains control of Venezuela oil fields, paving way to boost production (REPYY:OTCMKTS) - Seeking AlphaRepsol regains control of Venezuela oil fields, paving way to boost production (REPYY:OTCMKTS)  Seeking Alpha

From Geology to Opportunity in Venezuela - AAPGFrom Geology to Opportunity in Venezuela  AAPG

The Venezuela Donald Trump “runs” is a land of surreal contrasts - The EconomistThe Venezuela Donald Trump “runs” is a land of surreal contrasts  The Economist

Repsol taking back control of Venezuelan oil assets - Yahoo Finance UKRepsol taking back control of Venezuelan oil assets  Yahoo Finance UK