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, ...
Once an American foe, now a friend: OPEC turns 60
Shifts in global politics and a surge in America's oil production have transformed the group.
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 ...
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 ...
End of Venezuela’s oil fortune looms over Nicolas Maduro’s regime
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 ...
Vast amounts of Venezuelan oil hidden en route to China, bypassing U.S. sanctions
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 ...
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” ...
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 ...
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 ...
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 ...
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 ...
Venezuela opposition leader Juan Guaido to attend Davos forum
Venezuela's opposition leader, Juan Guaido — who declared himself acting president last year — will attend this week's World Economic Forum in Davos, lawmaker Stalin Gonzalez told AFP on Monday. Guaido is currently in Colombia, where he is due to meet with U.S. Secretary of ...
