World / Politics Dec 6, 2020
Venezuela’s last democratic institution poised to fall to Maduro
A win for Maduro will further weaken the position of opposition leader Juan Guaido.
World / Politics | FOCUS Oct 10, 2020
Four years on, Trump keeps ramping up sanctions but sees few results
As he seeks a second term, U.S. President Donald Trump is accelerating his favorite foreign-policy tool of economic sanctions but his "maximum pressure" campaigns have produced few of the results he has been seeking. The Trump administration on Thursday imposed sweeping sanctions on Iran's banks, ...
Business | FOCUS Sep 14, 2020
Once an American foe, now a friend: OPEC turns 60
by Alex Lawler
Shifts in global politics and a surge in America's oil production have transformed the group.
Business / Corporate Jul 13, 2020
Toyota Motor Corp. will delay the restart of its factory operations in Venezuela following a four-month suspension, as the country has extended measures to curb the spread of the novel coronavirus, an official said Monday. Venezuela is the last country where Toyota's output has remained ...
Business / Corporate Jul 12, 2020
Toyota to fully resume global output for first time since February
Toyota Motor Corp. will resume automobile production in all of its manufacturing bases around the world for the first time since February, a source with knowledge of the matter said Sunday. Toyota's factory in Venezuela, the last where output had remained suspended due to the ...
World / Politics Jun 21, 2020
End of Venezuela’s oil fortune looms over Nicolas Maduro’s regime
by Lucia Kassai
Oil revenue, the financial lifeline of Venezuela, is quickly drying up, adding to the growing instability of Nicolas Maduro’s embattled regime. Crude exports that once accounted for 95 percent of foreign currency inflow to the country tumbled by almost half this month, after hitting a ...
Asia Pacific Jun 14, 2020
Vast amounts of Venezuelan oil hidden en route to China, bypassing U.S. sanctions
by Luc Cohen and Marianna Parraga
Last year, China replaced the United States as the No. 1 importer of oil from Venezuela, yet another front in the heated rivalry between Washington and Beijing. The United States had imposed sanctions on Venezuela's state-owned oil company as part of a bid to topple ...
World May 15, 2020
U.S. may restore Cuba to list of sponsors of terrorism, source says
The United States is considering returning Cuba to its list of state sponsors of terrorism, a senior Trump administration official told Reuters on Thursday, a move that would mark another major blow to increasingly tense relations between Washington and Havana. There is a "convincing case” ...
World / Crime & Legal Mar 29, 2020
The former head of Venezuela's military intelligence unit, Hugo Carvajal, is discussing his possible surrender with U.S. authorities, three people familiar with the matter said on Saturday, after prosecutors charged him earlier in the week with drug trafficking, alongside Venezuelan President Nicolas Maduro. Carvajal, a ...
World / Politics Mar 6, 2020
Brazil recalls all diplomats and officials in Venezuela, source says
Brazil recalled its entire corps of diplomats and foreign service officials from Venezuela while ordering the government of Nicolas Maduro to pull out its representatives in Brazil, a government source said on Thursday, further hardening ties between the two. Brazil's far-right President Jair Bolsonaro had ...
World / Science & Health Feb 13, 2020
One of the largest turtles that ever lived prowled the lakes and rivers of northern South America from about 13 million years ago to 7 million years ago — and this car-size freshwater beast was built for battle. Scientists said on Wednesday they have unearthed ...
World / Politics Feb 7, 2020
U.S. warns Venezuela of consequences if Juan Guaido is harmed after Washington visit
The United States on Thursday warned Venezuela's leftist regime of consequences if opposition leader Juan Guaido is not allowed to return safely from a visit to Washington. "We hope that the regime makes the calculation, particularly after this trip, that the support for Guaido is ...