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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Trump says India will start buying oil from Venezuela ‘as opposed to Iran’ - Al JazeeraTrump says India will start buying oil from Venezuela ‘as opposed to Iran’  Al Jazeera

Trump says India will buy oil from Venezuela - ReutersTrump says India will buy oil from Venezuela  Reuters

India to buy oil from Venezuela instead of Russia? US pitch to counter 25% tariffs - Times of IndiaIndia to buy oil from Venezuela instead of Russia? US pitch to counter 25% tariffs  Times of India

Machado says transition in Venezuela is ‘unstoppable’ - Siasat.comMachado says transition in Venezuela is ‘unstoppable’  Siasat.com

PM receives a telephone call from the Acting President of Venezuela - PM IndiaPM receives a telephone call from the Acting President of Venezuela  PM India

US envoy arrives in Venezuela to reopen mission after seven years - Al JazeeraUS envoy arrives in Venezuela to reopen mission after seven years  Al Jazeera

Mix of hope, fear settles over Venezuela after US-imposed government change - BusinessLineMix of hope, fear settles over Venezuela after US-imposed government change  BusinessLine

Trump says India will buy Venezuelan oil instead of Iranian crude amid global tensions - Telegraph IndiaTrump says India will buy Venezuelan oil instead of Iranian crude amid global tensions  Telegraph India

How much control will the US have over Venezuela’s oil? - Al JazeeraHow much control will the US have over Venezuela’s oil?  Al Jazeera

India has long imported Venezuelan oil and is ready for more, says Petroleum Minister - CNBC TV18India has long imported Venezuelan oil and is ready for more, says Petroleum Minister  CNBC TV18

Venezuela: hope and uncertainty in the wake of US capture of Maduro - International Bar AssociationVenezuela: hope and uncertainty in the wake of US capture of Maduro  International Bar Association

PM Modi & Venezuela’s Acting President agree to deepen bilateral ties - News On AIRPM Modi & Venezuela’s Acting President agree to deepen bilateral ties  News On AIR

Venezuela in the Prospect of a Democratic Transition. The Light, the Shadow and the Role of the International Community - Opinio JurisVenezuela in the Prospect of a Democratic Transition. The Light, the Shadow and the Role of the International Community  Opinio Juris

Purchasing power – Venezuela’s defence spending struggles to keep pace - The International Institute for Strategic StudiesPurchasing power – Venezuela’s defence spending struggles to keep pace  The International Institute for Strategic Studies

Venezuela and Iran Unrest: Implications for China’s Oil Import Economics - Geopolitical MonitorVenezuela and Iran Unrest: Implications for China’s Oil Import Economics  Geopolitical Monitor

Venezuela's first shipment of liquefied petroleum gas has left Venezuela bound for the US - ABC NewsVenezuela's first shipment of liquefied petroleum gas has left Venezuela bound for the US  ABC News

How a Silicon Valley Startup Became a Crypto Lifeline for Venezuela - The Wall Street JournalHow a Silicon Valley Startup Became a Crypto Lifeline for Venezuela  The Wall Street Journal

Venezuela releases human rights advocate Javier Tarazona - BBCVenezuela releases human rights advocate Javier Tarazona  BBC

Make Venezuela Great Again? Pt 1: What Happened – The Rise And Fall - ForbesMake Venezuela Great Again? Pt 1: What Happened – The Rise And Fall  Forbes

Venezuela Frees More Than 30 Political Prisoners Amid Slow Amnesty Roll-out - Modern DiplomacyVenezuela Frees More Than 30 Political Prisoners Amid Slow Amnesty Roll-out  Modern Diplomacy

Trump says he welcomes China, India investment in Venezuela oil - BusinessLineTrump says he welcomes China, India investment in Venezuela oil  BusinessLine

India Has a Long History of Oil Imports From Venezuela, Says Hardeep Puri - Sarkaritel.comIndia Has a Long History of Oil Imports From Venezuela, Says Hardeep Puri  Sarkaritel.com

OFAC lifts certain restrictions surrounding Venezuelan oil - safety4seaOFAC lifts certain restrictions surrounding Venezuelan oil  safety4sea

Venezuela’s acting President Delcy Rodriguez announces prisoner amnesty - Al JazeeraVenezuela’s acting President Delcy Rodriguez announces prisoner amnesty  Al Jazeera

DW Documentary on Venezuela 'Notes from Caracas' out today - dw.comDW Documentary on Venezuela 'Notes from Caracas' out today  dw.com

Perspectives and Insight on Venezuela - University of PennsylvaniaPerspectives and Insight on Venezuela  University of Pennsylvania

Trump claims India will buy Venezuelan oil, welcomes China's investment; Chinese expert notices remarks 'unilateral,' no confirmation from Indian side - Global TimesTrump claims India will buy Venezuelan oil, welcomes China's investment; Chinese expert notices remarks 'unilateral,' no confirmation from Indian side  Global Times

US President says India will opt for Venezuelan oil - safety4seaUS President says India will opt for Venezuelan oil  safety4sea

In Venezuela, change is coming fast. Relief is taking more time. - The Washington PostIn Venezuela, change is coming fast. Relief is taking more time.  The Washington Post

Venezuela rights activist Javier Tarazona freed amid prisoner release - Al JazeeraVenezuela rights activist Javier Tarazona freed amid prisoner release  Al Jazeera

Venezuela’s New Leader Is Trying to Run Out the Clock on Trump - The Wall Street JournalVenezuela’s New Leader Is Trying to Run Out the Clock on Trump  The Wall Street Journal

New US envoy arrives in Venezuela after Maduro's ouster - dw.comNew US envoy arrives in Venezuela after Maduro's ouster  dw.com

Venezuela's oil exports bounce to 800,000 bpd in January under US control, shipping data shows - ReutersVenezuela's oil exports bounce to 800,000 bpd in January under US control, shipping data shows  Reuters

FCPA Compliance Report: Navigating Security Threats In Venezuela with Marc Duncan - A Comprehensive Approach to Risk Management - JD SupraFCPA Compliance Report: Navigating Security Threats In Venezuela with Marc Duncan - A Comprehensive Approach to Risk Management  JD Supra

Room Goes Silent As Trump Jokes About Merger Of Canada, Greenland & Venezuela Into US | Watch - Times of IndiaRoom Goes Silent As Trump Jokes About Merger Of Canada, Greenland & Venezuela Into US | Watch  Times of India

Cuban doctors’ departure from Venezuela saps Havana of vital revenue - Financial TimesCuban doctors’ departure from Venezuela saps Havana of vital revenue  Financial Times

Opinion | Scheduling new elections for Venezuela - The Washington PostOpinion | Scheduling new elections for Venezuela  The Washington Post

How the U.S. Military Operation in Venezuela Is Affecting Container Shipping - Global Trade MagazineHow the U.S. Military Operation in Venezuela Is Affecting Container Shipping  Global Trade Magazine

Lake Maracaibo: The oil region at heart of Trump plan to 'Make Venezuela Great Again' - BBCLake Maracaibo: The oil region at heart of Trump plan to 'Make Venezuela Great Again'  BBC

US extends protection of Venezuela-owned Citgo from creditors - ReutersUS extends protection of Venezuela-owned Citgo from creditors  Reuters

Venezuela reform opens oil sector amid US sanctions relief - EnerdataVenezuela reform opens oil sector amid US sanctions relief  Enerdata

Exxon CEO says Venezuela needs to transition to democracy for oil investment to make sense - CNBCExxon CEO says Venezuela needs to transition to democracy for oil investment to make sense  CNBC

US reduces tariffs on India from 25% to 18%: India to stop Russian oil imports, buy more from US, Venezuela... - Bhaskar EnglishUS reduces tariffs on India from 25% to 18%: India to stop Russian oil imports, buy more from US, Venezuela...  Bhaskar English

UNM hosts ‘Teach-In’ to discuss, question Venezuelan intervention - The Daily LoboUNM hosts ‘Teach-In’ to discuss, question Venezuelan intervention  The Daily Lobo

Unpacking the Trump Administration’s Plans for Venezuela’s Oil Revenue - LawfareUnpacking the Trump Administration’s Plans for Venezuela’s Oil Revenue  Lawfare

Venezuela's oil exports bounce to 800,000 bpd in January under US control, shipping data shows - TradingViewVenezuela's oil exports bounce to 800,000 bpd in January under US control, shipping data shows  TradingView

What next for Venezuela? - The World Economic ForumWhat next for Venezuela?  The World Economic Forum

How to tell if Venezuela is heading for democracy - The EconomistHow to tell if Venezuela is heading for democracy  The Economist

Trump administration illegally stripped TPS for Venezuelan immigrants, appeals court rules - prismreports.orgTrump administration illegally stripped TPS for Venezuelan immigrants, appeals court rules  prismreports.org

Venezuelan crude oil flows to US hit 1-year high in January - Quantum Commodity IntelligenceVenezuelan crude oil flows to US hit 1-year high in January  Quantum Commodity Intelligence

Wide Boundary News: Japan, Silver, Venezuela, and More – the Biophysical Phase Shift Cometh - resilience.orgWide Boundary News: Japan, Silver, Venezuela, and More – the Biophysical Phase Shift Cometh  resilience.org

Venezuela’s Oil, Chavismo, And Political Turmoil: Power, Poverty, And Global Stakes - The Friday TimesVenezuela’s Oil, Chavismo, And Political Turmoil: Power, Poverty, And Global Stakes  The Friday Times

Venezuela's Oil Exports Surge Post-U.S. Blockade Ending - DevdiscourseVenezuela's Oil Exports Surge Post-U.S. Blockade Ending  Devdiscourse

Venezuela announces amnesty bill that could lead to release of political prisoners - NPRVenezuela announces amnesty bill that could lead to release of political prisoners  NPR

Venezuela releases 30 prisoners including activists, says rights group - ReutersVenezuela releases 30 prisoners including activists, says rights group  Reuters

US ambassador arrives in Venezuela to reopen diplomatic mission after 7 years - ABC NewsUS ambassador arrives in Venezuela to reopen diplomatic mission after 7 years  ABC News

ExxonMobil sees daylight for restricted Guyana block after Venezuela regime change - Upstream OnlineExxonMobil sees daylight for restricted Guyana block after Venezuela regime change  Upstream Online

Citgo's Future: The Fight Over Venezuela’s Largest Overseas Asset - DevdiscourseCitgo's Future: The Fight Over Venezuela’s Largest Overseas Asset  Devdiscourse

An Early Test of America’s Control Over Venezuela - The AtlanticAn Early Test of America’s Control Over Venezuela  The Atlantic

Venezuela Activist Tarazona Released From Notorious Jail With 8 Others - WIONVenezuela Activist Tarazona Released From Notorious Jail With 8 Others  WION

Oil service firms raring to go in Venezuela - Argus MediaOil service firms raring to go in Venezuela  Argus Media

WATCH: Trump says he's opening up all commercial airspace over Venezuela - PBSWATCH: Trump says he's opening up all commercial airspace over Venezuela  PBS

Lessons for Africa from US military action in Venezuela - Polity.org.zaLessons for Africa from US military action in Venezuela  Polity.org.za

How a Village in Italy Became a Slice of Caracas - The New York TimesHow a Village in Italy Became a Slice of Caracas  The New York Times

CIA director had two-hour meeting with new Venezuelan leader in Caracas - BBCCIA director had two-hour meeting with new Venezuelan leader in Caracas  BBC

Venezuela’s interim president’s oil law reform to break with Chavez model - Al JazeeraVenezuela’s interim president’s oil law reform to break with Chavez model  Al Jazeera

Experts warn of increased global AML risks as criminals seek to launder Venezuelan money - Compliance WeekExperts warn of increased global AML risks as criminals seek to launder Venezuelan money  Compliance Week

Argentine crypto scam suspect arrested in Venezuela after ‘escaping with $56m in Bitcoin’ - dlnews.comArgentine crypto scam suspect arrested in Venezuela after ‘escaping with $56m in Bitcoin’  dlnews.com

With the US poised for attack, what a 'Venezuela scenario' could look like in Iran - thenationalnews.comWith the US poised for attack, what a 'Venezuela scenario' could look like in Iran  thenationalnews.com

Why access to Venezuela’s ‘heavy’ oil is ‘tremendous’ news for US refiners - Al JazeeraWhy access to Venezuela’s ‘heavy’ oil is ‘tremendous’ news for US refiners  Al Jazeera

Venezuela frees dozens of political prisoners, human rights group says - BBCVenezuela frees dozens of political prisoners, human rights group says  BBC

Exclusive: US handing over seized tanker to Venezuela, officials say - ReutersExclusive: US handing over seized tanker to Venezuela, officials say  Reuters

Exxon and Chevron see promise in Venezuela, but obstacles remain - Baird MaritimeExxon and Chevron see promise in Venezuela, but obstacles remain  Baird Maritime

China's teapots buy Iranian oil to replace Venezuelan supply, sources say - ReutersChina's teapots buy Iranian oil to replace Venezuelan supply, sources say  Reuters

Trump’s awkward jokes about annexing Canada, Greenland and Venezuela fall flat - The New Voice of UkraineTrump’s awkward jokes about annexing Canada, Greenland and Venezuela fall flat  The New Voice of Ukraine

America Can Have the Oil - The AtlanticAmerica Can Have the Oil  The Atlantic

Restoring Venezuela Will Require Faith - First ThingsRestoring Venezuela Will Require Faith  First Things

Donald Trump says India will buy oil from Venezuela, not Iran - Telegraph IndiaDonald Trump says India will buy oil from Venezuela, not Iran  Telegraph India

The US attack on Venezuela and the collapse of international law - Al JazeeraThe US attack on Venezuela and the collapse of international law  Al Jazeera

Argentine Crypto Fugitive With $56 Million in Bitcoin Arrested in Venezuela - Bitcoin MagazineArgentine Crypto Fugitive With $56 Million in Bitcoin Arrested in Venezuela  Bitcoin Magazine

Venezuela’s Delcy Rodríguez announces amnesty for political prisoners - Financial TimesVenezuela’s Delcy Rodríguez announces amnesty for political prisoners  Financial Times

U.S. intervention in Venezuela divides Houston - Houston Public MediaU.S. intervention in Venezuela divides Houston  Houston Public Media

Mexico in Trump’s sights as drug ties to Venezuela loom large - Financial TimesMexico in Trump’s sights as drug ties to Venezuela loom large  Financial Times

Exxon, Chevron still noncommittal on Venezuela - E&E News by POLITICOExxon, Chevron still noncommittal on Venezuela  E&E News by POLITICO

Exclusive: US intelligence raises doubts about Venezuela leader's cooperation - ReutersExclusive: US intelligence raises doubts about Venezuela leader's cooperation  Reuters

Amnesty bill for political prisoners breaks years of Chavista repression in Venezuela - EL PAÍS EnglishAmnesty bill for political prisoners breaks years of Chavista repression in Venezuela  EL PAÍS English

Marco Rubio tells senators Venezuela transition won't be fast or easy - NPRMarco Rubio tells senators Venezuela transition won't be fast or easy  NPR

A mix of hope and fear settles over Venezuela after US-imposed government change - AP NewsA mix of hope and fear settles over Venezuela after US-imposed government change  AP News

Chevron Points to Venezuela’s Promise as Big Oil Earnings Fall - The New York TimesChevron Points to Venezuela’s Promise as Big Oil Earnings Fall  The New York Times

Venezuelan activist Javier Tarazona released after four years amid US pressure - France 24Venezuelan activist Javier Tarazona released after four years amid US pressure  France 24

Just like Venezuela, Iran, too, is expendable for Russia - Al JazeeraJust like Venezuela, Iran, too, is expendable for Russia  Al Jazeera

Venezuela privatizes oil at US gunpoint: The dead end of “21st Century Socialism” - World Socialist Web SiteVenezuela privatizes oil at US gunpoint: The dead end of “21st Century Socialism”  World Socialist Web Site

Brazil gold push, Peru’s China scandal: 7 Latin America relations reads - South China Morning PostBrazil gold push, Peru’s China scandal: 7 Latin America relations reads  South China Morning Post

Venezuela Exports 1st Lpg Shipment As Chrysopigi Lady Sets Sail For Global Markets - BernamaVenezuela Exports 1st Lpg Shipment As Chrysopigi Lady Sets Sail For Global Markets  Bernama

Geo-kleptocracy and the rise of 'global mafia politics' - Responsible StatecraftGeo-kleptocracy and the rise of 'global mafia politics'  Responsible Statecraft

How is China viewing US actions in Venezuela – an affront, an opportunity or a blueprint? - The ConversationHow is China viewing US actions in Venezuela – an affront, an opportunity or a blueprint?  The Conversation

Exxon Mobil CEO outlines technology for Venezuela’s high-cost crude production - The Journal RecordExxon Mobil CEO outlines technology for Venezuela’s high-cost crude production  The Journal Record

Machado vows to lead Venezuela 'when right time comes' - BBCMachado vows to lead Venezuela 'when right time comes'  BBC

Cuban soldiers killed during Venezuela attack are returned - BBCCuban soldiers killed during Venezuela attack are returned  BBC

Venezuela’s Delcy Rodríguez assured US of cooperation before Maduro’s capture - The GuardianVenezuela’s Delcy Rodríguez assured US of cooperation before Maduro’s capture  The Guardian