Nicolas Maduro

Colombia and Venezuela to reopen shared border to cargo transport
Easing of restrictions comes as neighbouring countries seek to normalise relations after years of tension.
Published On 9 Sep 2022
US court backs Conoco’s $8.7bn award for seized Venezuelan assets
Judge’s ruling upholds a 2019 decision by the World Bank awarding billions to US oil giant over asset expropriation.
Published On 22 Aug 2022
Venezuela and Colombia agree to re-establish diplomatic ties
Countries will name ambassadors when Colombia’s President-elect Gustavo Petro takes office next month, officials say.
Published On 28 Jul 2022
Biden administration extends TPS protection for Venezuelans
Temporary Protect Status extension shields Venezuelans in US as of March 2021 from deportation for 18 more months.
Published On 11 Jul 2022

The limited changes will allow Chevron Corp to negotiate its licence with the state-owned oil company, PDVSA.

For years, the bolivar drifted towards irrelevancy as locals embraced the use of the US dollar.

Nicolas Maduro agrees to give visas to ICC officials investigating alleged crimes against humanity during 2017 protests.

The bolivar has traded at a rate of around 4.5 to $1 for the past four months.

Whether Caracas can continue to ramp up production in 2022 is unclear.

The observers reported polls saw better conditions than previous years, but raised concerns over some practices.

The polls mark the first time in four years that the main opposition parties will participate in an election.

Saab is accused of paying bribes to siphon $350m from state contracts to build housing for Venezuela’s government.

The so-called ‘Citgo 6’ have been held since 2017, with the US accusing Caracas of using the group as a bargaining chip.

President Nicolas Maduro says Venezuelan government respects ICC decision to open probe, but ‘we do not share it’.

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