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The time is now : Investors gear up to enter Venezuela despite enormous risks

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left63d ago

The time is now : Investors gear up to enter Venezuela despite enormous risks

Energy industry investors gathered in London to discuss opportunities in Venezuela's oil sector, with Apertura Energy's CEO stating "The time is now" for investment despite significant risks. Reforms under acting President Delcy Rodríguez have eased foreign investment requirements and sanctions have been partially lifted, leading to increased oil exports, primarily to the United States.

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left77d ago

Hundreds of pets were rescued following Venezuela earthquakes . Now theyre looking for their families

Following twin earthquakes in Venezuela that killed thousands, at least 648 pets have been rescued in La Guaira and Caracas since June 24, with many injured and receiving veterinary care. Efforts are underway by government projects and independent shelters to reunite these animals with their owners, with at least 18 pets already returned to their families.

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left85d ago

For these children , the earthquakes in Venezuela changed everything

Twin earthquakes devastated parts of Venezuela last month, destroying homes and causing significant loss, including the death of a mother in Caraballeda. UNICEF and World Vision are establishing "Child Friendly Spaces" in temporary shelters to support approximately 234,000 affected children through play and counseling as they cope with trauma and displacement.

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left97d ago

Delcy Rodríguez Venezuela is in such dire straits she cant afford to reject aid from either friends or foes

Following devastating earthquakes, El Salvador's President Nayib Bukele offered aid to Venezuela, which acting President Delcy Rodríguez accepted and instructed her foreign ministry to coordinate. The acceptance highlights Venezuela's dire economic straits, compounded by years of political strife and U.S. sanctions, leaving the government with little choice but to accept assistance from any source.

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left100d ago

Venezuela doublet earthquakes may have been a single big one . Here why the science matters

Northern Venezuela experienced its largest tremors in over a century on Wednesday evening, with initial reports indicating a 7.2-magnitude earthquake followed 39 seconds later by a 7.5-magnitude quake, causing building collapses and over 100 fatalities. Scientists are investigating whether this was a rare "doublet" of two distinct earthquakes or a single, prolonged seismic event, a distinction crucial for understanding earthquake mechanics and prediction.

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left100d ago

Venezuela doublet earthquakes may have been a single big one . Here why the science matters

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left101d ago

The deadly quakes are a gut punch to a Venezuelan economy already on its knees

A series of strong earthquakes, including the strongest in over a century, struck Venezuela, resulting in at least 32 deaths and 700 injuries, with numbers expected to rise. The disaster exacerbates Venezuela's already dire economic crisis, potentially causing billions in losses and overwhelming fragile infrastructure and services.

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left134d ago

Sidelined on Iran and Venezuela , Gabbard instead pursued Trump Deep State grievances amid her own suspicions

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left134d ago

Sidelined on Iran and Venezuela , Gabbard instead pursued Trump Deep State grievances amid her own suspicions

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USS Gerald R . Ford : US aircraft carrier returns home after record deployment that included Iran war , Maduro capture

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left141d ago

USS Gerald R . Ford : US aircraft carrier returns home after record deployment that included Iran war , Maduro capture

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Analysis : Why America hard - power military might isnt ending the Iran war

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left187d ago

Analysis : Why America hard - power military might isnt ending the Iran war

Despite the US possessing superior military and economic power, Iran has leveraged its control of the Strait of Hormuz to inflict significant economic and political costs. This strategic move has created a contest of leverage where an unequivocal US victory would likely incur unacceptable damage.

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left187d ago

Analysis : Why America hard - power military might isnt ending the Iran war

Despite superior military and economic power, the US faces challenges in its conflict with Iran, as Iran's strategic leverage, particularly the closure of the Strait of Hormuz, imposes significant economic and political costs. The US possesses the military capability to force the Strait open, but doing so risks escalation and propaganda victories for Iran, limiting President Trump's options for achieving an unequivocal victory.

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The Iran conflict is a boon for Russia war machine . And it not just about oil

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left191d ago

The Iran conflict is a boon for Russia war machine . And it not just about oil

The Iran conflict has significantly boosted Russia's economy by driving up oil and natural gas prices, providing crucial revenue to fund its war in Ukraine. This situation allows Russia to sell previously discounted crude at higher market rates and potentially increase fertilizer and gas exports.

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Nicolas Maduro heads back to court arguing that the US is trying to hamstring his defense

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left192d ago

Nicolas Maduro heads back to court arguing that the US is trying to hamstring his defense

Nicolas Maduro's legal team argued in federal court that the US government's revocation of a license to pay his legal fees violates his right to a defense against narco-terrorism charges. The former Venezuelan president and his wife, currently in federal custody in New York, face conspiracy charges and claim the US is interfering with their defense.

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Oil dips but stays elevated as Goldman Sachs warns prices may top $100 through 2027

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left198d ago

Oil dips but stays elevated as Goldman Sachs warns prices may top $100 through 2027

Oil prices dipped Friday after surging due to Middle East conflict and supply fears, with analysts warning of sustained high prices. Goldman Sachs predicts prices could exceed $100 through 2027 due to disruptions, including the effectively closed Strait of Hormuz.

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