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Venezuela Moves to Open Power Sector to Private Investment

Venezuela’s National Assembly will debate a reform that would open the country’s electricity sector to private investment, allowing companies to generate, distribute and sell power under government concessions after more than 15 years of state control.

Bloomberg Markets 8d ago

The back-channel bid to go soft on Maduro

When Marco Rubio was named secretary of State, many in both South Florida Republican circles and the American energy industry exulted. But one man who bridged both worlds knew he had a problem. A longtime investor in Venezuela, the main source of crude oil needed to produce the asphalt that had made his family rich, Harry Sargeant III kept relations with top officials in Caracas even as they seized most foreign oil holdings.

Politico EU 2d ago

‘Perfect complementarity’: India, Venezuela deepen energy ties

India and Venezuela are looking to expand cooperation, particularly in the energy sector, as New Delhi moves to diversify crude oil imports amid supply disruptions linked to the West Asia crisis. Addressing a special media briefing after Prime Minister Narendra Modi’s talks with Venezuelan acting President Delcy Rodriguez, MEA secretary (East) Rudrendra Tandon said discussions focused on building broader economic ties across multiple sectors, including animal husbandry, transport,...

Times of India 6d ago

US imposes restrictions on 100 Nicaraguan officials after activist’s death

US imposes restrictions on 100 Nicaraguan officials after activist’s death The death of Indigenous leader Brooklyn Rivera has prompted calls from UN experts for an independent investigation. The administration of United States President Donald Trump has increased its sanctions on Nicaraguan officials following the death of Indigenous leader Brooklyn Rivera while in government custody. In a statement on Monday, US Secretary of State Marco Rubio described the circumstances of Rivera’s death as...

Al Jazeera 2d ago

UN human rights leader calls for Cuba sanctions to be ‘lifted immediately’

UN human rights leader calls for Cuba sanctions to be ‘lifted immediately’ Volker Turk, the UN’s high commissioner for human rights, warns that ‘children are dying’ as a result of US oil blockade. Volker Turk, the high commissioner for human rights at the United Nations, has issued some of his harshest criticism yet of the recent sanctions the United States has imposed on Cuba. On Monday, Turk drew a line between the increasing restrictions on the Cuban economy and reports of heightened...

Al Jazeera 2d ago

Venezuela, a big energy source, comes calling

Amid ongoing Indian efforts to diversify its oil supplies, PM Narendra Modi met Venezuela acting President Delcy Rodríguez and discussed ways to deepen the energy partnership. The Latin American country, which tops the list of countries with largest proven oil reserves, has emerged in recent weeks as one of India’s top crude suppliers. While no agreement was signed, both sides focused on securing long-term energy contracts citing “perfect complementarity” in the energy sector.

Times of India 6d ago

The retaking of Cuba

The retaking of Cuba An indictment, a Supreme Court ruling and a carrier in the Caribbean: Washington is converting old confiscation claims into a legal machine for reclaiming the island. In 1960, Cuba took its docks, sugar and power back from American owners. This May, Washington moved to take them back: it indicted Raul Castro over the 1996 Brothers to the Rescue shootdown, sailed an aircraft carrier into the Caribbean, and won Supreme Court backing for claims over confiscated property.

Al Jazeera 2d ago

US sanctions Cuban president and Castro relatives in latest pressure campaign

US sanctions Cuban president and Castro relatives in latest pressure campaign US President Donald Trump has ramped up pressure on the island in recent months and has discussed taking the country over. The United States announced fresh economic sanctions Thursday on Cuba's president and some of his immediate family, alongside members of the Castro family, in Washington's latest ramping up of pressure on its communist-led neighbor. Among those targeted were the son and a grandson of former...

France 24 6d ago

The World Cup of Ugh

The World Cup is nearly here! But so far, at least, no one seems all that excited. It wasn’t supposed to be this way.

The Atlantic 6d ago