Venezuela

Venezuela Orders United Nations’ Human Rights Office to Suspend Operations Amidst Controversy

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CARACAS, Venezuela – The United Nations human rights office has been ordered to suspend operations in Venezuela following the detention of human rights lawyer Rocio San Miguel. San Miguel was arrested on allegations of plotting to destabilize the country, a charge that she denies. The Venezuelan government has accused the UN office of supporting individuals involved in assassination attempts and coup plots. In response, the government has requested all UN personnel connected to the office to leave the country within three days. The United States and the UN have condemned the detention of San Miguel, … Read more

Lloyd’s Underwriters Ordered to Pay Citgo Over $49 Million for Lost Oil Cargo Amid Political Turmoil in Venezuela

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NEW YORK – Lloyd’s underwriters and other insurers have been ordered to pay Citgo Petroleum Corp. more than $49 million to compensate for the loss of oil cargo during political unrest in Venezuela. The decision was made by a federal jury in New York. The dispute arose from the theft of oil cargo from a Citgo facility in Venezuela during a period of political turmoil in the country. Citgo argued that the insurers were liable under its policy for the lost cargo. The insurers, however, contended that the theft was not covered by the policy. … Read more