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

Eni and Repsol Bet Big on Post-Maduro Venezuela - Crude Oil Prices Today | OilPrice.comEni and Repsol Bet Big on Post-Maduro Venezuela  Crude Oil Prices Today | OilPrice.com

Ex-Credit Suisse Bankers Aim to Finance Venezuela Oil Revival - Bloomberg.comEx-Credit Suisse Bankers Aim to Finance Venezuela Oil Revival  Bloomberg.com

US now allows Venezuela to pay for Maduro legal team - The Times of IndiaUS now allows Venezuela to pay for Maduro legal team  The Times of India

Chevron CEO Says Venezuela Must Do More for Oil Industry Revival - MintChevron CEO Says Venezuela Must Do More for Oil Industry Revival  Mint

Venezuela central bank sees exchange rate stability, cooling inflation ahead - Investing.comVenezuela central bank sees exchange rate stability, cooling inflation ahead  Investing.com

Eni-Repsol joint venture seeking to increase gas output at Venezuela's Cardon IV - ReutersEni-Repsol joint venture seeking to increase gas output at Venezuela's Cardon IV  Reuters

Long trip over, Rosario Central face Universidad Central in Venezuela - OneFootballLong trip over, Rosario Central face Universidad Central in Venezuela  OneFootball

Russia accuses US of energy grab, says Iran and Venezuela military actions only ‘about oil’ - WIONRussia accuses US of energy grab, says Iran and Venezuela military actions only ‘about oil’  WION

Venezuela central bank says it and U.S. have each hired firms to audit assets abroad By Reuters - Investing.comVenezuela central bank says it and U.S. have each hired firms to audit assets abroad By Reuters  Investing.com

Eni-Repsol JV Targets Higher Gas Output from Venezuela’s Cardon IV Field - ChemAnalystEni-Repsol JV Targets Higher Gas Output from Venezuela’s Cardon IV Field  ChemAnalyst

Rights groups critical as Venezuela prisoner release scheme 'coming to an end' - BBCRights groups critical as Venezuela prisoner release scheme 'coming to an end'  BBC

Petro becomes first president to visit Venezuela since Maduro abduction - Al JazeeraPetro becomes first president to visit Venezuela since Maduro abduction  Al Jazeera

Venezuela central bank says it and US hired firms to audit assets abroad - ReutersVenezuela central bank says it and US hired firms to audit assets abroad  Reuters

Colombian President Gustavo Petro Arrives in Venezuela to Meet Acting President Delcy Rodriguez - News On AIRColombian President Gustavo Petro Arrives in Venezuela to Meet Acting President Delcy Rodriguez  News On AIR

Chevron CEO Says Venezuela Must Do More for Oil Industry Revival - Bloomberg.comChevron CEO Says Venezuela Must Do More for Oil Industry Revival  Bloomberg.com

Venezuela’s Central Bank Confirms External Audit of US-Controlled Resources - VenezuelanalysisVenezuela’s Central Bank Confirms External Audit of US-Controlled Resources  Venezuelanalysis

Venezuela’s amnesty law comes to an end, alarming families of political prisoners - Latin America ReportsVenezuela’s amnesty law comes to an end, alarming families of political prisoners  Latin America Reports

Trump’s “Transition” in Venezuela is Starting to Reek - Caracas ChroniclesTrump’s “Transition” in Venezuela is Starting to Reek  Caracas Chronicles

Venezuela was promised an economic revival. But three months of minimum wage doesn’t add up to a single US dollar - CNNVenezuela was promised an economic revival. But three months of minimum wage doesn’t add up to a single US dollar  CNN

U.S. says Venezuela can pay for Nicolás Maduro and his wife's defense - NBC NewsU.S. says Venezuela can pay for Nicolás Maduro and his wife's defense  NBC News

Venezuela Is Consolidating Its Hybrid Regime—With Washington’s Blessing - World Politics ReviewVenezuela Is Consolidating Its Hybrid Regime—With Washington’s Blessing  World Politics Review

Eni and Repsol Bet Big on Post-Maduro Venezuela - Yahoo FinanceEni and Repsol Bet Big on Post-Maduro Venezuela  Yahoo Finance

Venezuela central bank sees exchange rate stability, cooling inflation ahead By Investing.com - Investing.com IndiaVenezuela central bank sees exchange rate stability, cooling inflation ahead By Investing.com  Investing.com India

Exclusive: Companies dust off oil rigs in storage in Venezuela as contracts are overhauled - ReutersExclusive: Companies dust off oil rigs in storage in Venezuela as contracts are overhauled  Reuters

Gannon Ken Van Dyke: The other life of US soldier accused of betting on Maduro's removal - BBCGannon Ken Van Dyke: The other life of US soldier accused of betting on Maduro's removal  BBC

US to allow Venezuelan government to cover Maduro’s lawyer fees - Al JazeeraUS to allow Venezuelan government to cover Maduro’s lawyer fees  Al Jazeera

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

US to let Venezuela pay Maduro's lawyer in drug trafficking case - ReutersUS to let Venezuela pay Maduro's lawyer in drug trafficking case  Reuters

Chevron CEO says Venezuela must do more for oil industry revival - FortuneChevron CEO says Venezuela must do more for oil industry revival  Fortune

Venezuela, Barbados Deepen Strategic Integration, Shared Prosperity - teleSUR EnglishVenezuela, Barbados Deepen Strategic Integration, Shared Prosperity  teleSUR English

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

Venezuela, a provisional country - EL PAÍS EnglishVenezuela, a provisional country  EL PAÍS English

Venezuela, Colombia pledge military cooperation on first post-Maduro visit - Le Monde.frVenezuela, Colombia pledge military cooperation on first post-Maduro visit  Le Monde.fr

US clears path for Venezuela to fund Maduro’s defence in New York trial - FirstpostUS clears path for Venezuela to fund Maduro’s defence in New York trial  Firstpost

Eni-Repsol JV aims to boost gas production in Venezuela - marketscreener.comEni-Repsol JV aims to boost gas production in Venezuela  marketscreener.com

US agrees Venezuelan government can pay Maduro’s legal fees, ending weekslong standoff - CNNUS agrees Venezuelan government can pay Maduro’s legal fees, ending weekslong standoff  CNN

Since Maduro’s Fall, Oil Is Flowing in Venezuela but Freedoms Are Not - PassBlueSince Maduro’s Fall, Oil Is Flowing in Venezuela but Freedoms Are Not  PassBlue

Colombia, Venezuela hold key talks in post-Maduro visit - DW.comColombia, Venezuela hold key talks in post-Maduro visit  DW.com

U.S. Says Venezuelan Government Can Pay for Nicolás Maduro’s Defense - The New York TimesU.S. Says Venezuelan Government Can Pay for Nicolás Maduro’s Defense  The New York Times

US allows Venezuela to pay lawyers for Nicolas Maduro’s legal defense - Anadolu AjansiUS allows Venezuela to pay lawyers for Nicolas Maduro’s legal defense  Anadolu Ajansi

Venezuela revives idle oil rigs as contract overhaul unlocks stored assets - Modern DiplomacyVenezuela revives idle oil rigs as contract overhaul unlocks stored assets  Modern Diplomacy

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

Why the thaw between Colombia and Venezuela works in Trump’s favor - EL PAÍS EnglishWhy the thaw between Colombia and Venezuela works in Trump’s favor  EL PAÍS English

Venezuela Needs Regime Change: The Narrow Path to a Democratic Transition - Foreign AffairsVenezuela Needs Regime Change: The Narrow Path to a Democratic Transition  Foreign Affairs

Eni-Repsol joint venture seeking to increase gas output at Venezuela's Cardon IV - Yahoo Finance UKEni-Repsol joint venture seeking to increase gas output at Venezuela's Cardon IV  Yahoo Finance UK

Venezuela: 8,491 active oil wells, production at 1 million b/d - energynews.proVenezuela: 8,491 active oil wells, production at 1 million b/d  energynews.pro

He was Venezuela’s spy chief. Will he become a star witness in the Maduro trial? - CNNHe was Venezuela’s spy chief. Will he become a star witness in the Maduro trial?  CNN

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

Defense pushes back in David Rivera trial over Venezuela lobbying claims - NBC 6 South FloridaDefense pushes back in David Rivera trial over Venezuela lobbying claims  NBC 6 South Florida

K Street Cashes in On U.S. Control of Venezuelan Oil - Project On Government OversightK Street Cashes in On U.S. Control of Venezuelan Oil  Project On Government Oversight

Trump ‘reaping bitter fruit’ of thinking Iran intervention as easy as Venezuela, says former diplomat - The GuardianTrump ‘reaping bitter fruit’ of thinking Iran intervention as easy as Venezuela, says former diplomat  The Guardian

The Caracas Marriott, the hotel where the future of Venezuela is being decided - EL PAÍS EnglishThe Caracas Marriott, the hotel where the future of Venezuela is being decided  EL PAÍS English

Washington needs a ‘Plan Venezuela’ before it’s too late - Atlantic CouncilWashington needs a ‘Plan Venezuela’ before it’s too late  Atlantic Council

Opinion | The Trouble in Trump’s Venezuela - WSJOpinion | The Trouble in Trump’s Venezuela  WSJ

Chevron CEO Mike Wirth on Venezuela Oil Policy Changes and Investment Challenges - News and Statistics - IndexBoxChevron CEO Mike Wirth on Venezuela Oil Policy Changes and Investment Challenges - News and Statistics  IndexBox

Chevron Governance Questions In Venezuela Add A New Risk Consideration - Yahoo FinanceChevron Governance Questions In Venezuela Add A New Risk Consideration  Yahoo Finance

Venezuela and Barbados Consolidate Alliance for Integration and Shared Prosperity - Orinoco TribuneVenezuela and Barbados Consolidate Alliance for Integration and Shared Prosperity  Orinoco Tribune

Maduro Is Gone, and the Purge Has Begun - The New York TimesMaduro Is Gone, and the Purge Has Begun  The New York Times

Texas Rep. Says Rivera Wanted Political Change In Venezuela - Law360Texas Rep. Says Rivera Wanted Political Change In Venezuela  Law360

US$3.3bn plan pushed to repair Venezuela’s water systems - BNamericasUS$3.3bn plan pushed to repair Venezuela’s water systems  BNamericas

US soldier accused of gambling on Maduro removal due in court - ReutersUS soldier accused of gambling on Maduro removal due in court  Reuters

Venezuela’s leader visits Barbados seeking oil and gas investments - AP NewsVenezuela’s leader visits Barbados seeking oil and gas investments  AP News

In a Caracas without Maduro, ‘everything is a priority right now’ - EL PAÍS EnglishIn a Caracas without Maduro, ‘everything is a priority right now’  EL PAÍS English

Spanish Energy Firms Face Probes As Venezuela Output Plans Take Shape - FinimizeSpanish Energy Firms Face Probes As Venezuela Output Plans Take Shape  Finimize

Turkish gastronomy festival brings hands-on culinary experience to Venezuela - Türkiye TodayTurkish gastronomy festival brings hands-on culinary experience to Venezuela  Türkiye Today

Venezuela’s Economy Is Accelerating, But Will Depend on More Than Oil - Americas QuarterlyVenezuela’s Economy Is Accelerating, But Will Depend on More Than Oil  Americas Quarterly

Venezuela, Colombia agree military co-op on 1st post-Maduro visit | Daily Sabah - Daily SabahVenezuela, Colombia agree military co-op on 1st post-Maduro visit | Daily Sabah  Daily Sabah

Trump’s ‘Venezuela Playbook’ Is a Bad Fit for Cuba - World Politics ReviewTrump’s ‘Venezuela Playbook’ Is a Bad Fit for Cuba  World Politics Review

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

The US refinery now processing Venezuelan oil - BBCThe US refinery now processing Venezuelan oil  BBC

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

Venezuela's Oilfield Revival: Rig Removal Signals Renewed Production Prospects - DevdiscourseVenezuela's Oilfield Revival: Rig Removal Signals Renewed Production Prospects  Devdiscourse

Jorge Rodríguez: ‘The most important thing in Venezuela right now is the economy’ - EL PAÍS EnglishJorge Rodríguez: ‘The most important thing in Venezuela right now is the economy’  EL PAÍS English

Venezuela, Barbados Reinvigorate Energy, Food, Tourism Alliance - teleSUR EnglishVenezuela, Barbados Reinvigorate Energy, Food, Tourism Alliance  teleSUR English

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

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

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 Seems to Be Going … Well? - The AtlanticVenezuela Seems to Be Going … Well?  The Atlantic

Delcy Rodríguez, three months as president of Venezuela under Trump’s watchful eye - EL PAÍS EnglishDelcy Rodríguez, three months as president of Venezuela under Trump’s watchful eye  EL PAÍS English

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

Two women risked everything after US raid to protest Venezuela’s detentions of their husbands - lockhaven.comTwo women risked everything after US raid to protest Venezuela’s detentions of their husbands  lockhaven.com

U.S. backs Venezuela oil revival, but investment gap looms - Yahoo FinanceU.S. backs Venezuela oil revival, but investment gap looms  Yahoo Finance

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

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

US Will Allow Venezuelan Government to Pay for Defense of Maduro and His Wife - Military.comUS Will Allow Venezuelan Government to Pay for Defense of Maduro and His Wife  Military.com

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

The Venezuela Oil Deal That Is Quietly Lowering U.S. Gas Prices While Raising Serious Foreign Policy Questions - radiotandil.comThe Venezuela Oil Deal That Is Quietly Lowering U.S. Gas Prices While Raising Serious Foreign Policy Questions  radiotandil.com

Guyana’s private sector protests Venezuela President ‘Essequibo’ brooch in meetings with CARICOM leaders - Demerara Waves Online News- GuyanaGuyana’s private sector protests Venezuela President ‘Essequibo’ brooch in meetings with CARICOM leaders  Demerara Waves Online News- Guyana

Jean Flores bridges generations for Venezuela at U-23 Men's Softball World Cup - World Baseball Softball Confederation - wbscJean Flores bridges generations for Venezuela at U-23 Men's Softball World Cup  World Baseball Softball Confederation - wbsc

Shell company Red Capital pivots to Venezuelan energy with £1.6m raise - Yahoo Finance UKShell company Red Capital pivots to Venezuelan energy with £1.6m raise  Yahoo Finance UK

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

As Washington Moves to Reopen Venezuela, Interstice Digital Launches Compliance Infrastructure to Facilitate U.S.-Venezuela Commerce - Corsicana Daily SunAs Washington Moves to Reopen Venezuela, Interstice Digital Launches Compliance Infrastructure to Facilitate U.S.-Venezuela Commerce  Corsicana Daily Sun

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

The Venezuela Model - The New York TimesThe Venezuela Model  The New York Times

Less Than 30% Of Oil Wells Active In Venezuela – Official - Channels TelevisionLess Than 30% Of Oil Wells Active In Venezuela – Official  Channels Television

Former Utah State Golfer Esteban Jaramillo Wins XLI Venezuela Open - Utah State University AthleticsFormer Utah State Golfer Esteban Jaramillo Wins XLI Venezuela Open  Utah State University Athletics

The Venezuelan Oil Industry Trump Is Planning to Revive - The New York TimesThe Venezuelan Oil Industry Trump Is Planning to Revive  The New York Times

U.S. Confrontation With Venezuela | Global Conflict Tracker - Council on Foreign RelationsU.S. Confrontation With Venezuela | Global Conflict Tracker  Council on Foreign Relations