Venezuelan

Venezuelan Opposition Leader Relocates to Spain, Legal Representative States

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Caracas, Venezuela — A prominent Venezuelan opposition candidate has fled to Spain amid growing political unrest, setting off speculations about the future of the opposition’s role in the troubled South American nation. The move, confirmed by his lawyer, has left Venezuelan politics in a state of heightened uncertainty as opposition forces grapple with internal divisions and external pressures. The departure of this key opposition figure comes at a critical juncture for Venezuela, which has been gripped by economic crises and political strife for years. His exit is seen by many as a blow to the … Read more

Venezuelan Judge Issues Arrest Warrant for Former Opposition Candidate Edmundo González

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CARACAS, Venezuela — Authorities in Venezuela have issued an arrest warrant for Edmundo González, a former opposition candidate, escalating tensions in a country already mired in political unrest. The arrest order, stemming from undisclosed charges, marks a significant crackdown on political opponents by the Venezuelan government, which has been criticized internationally for its authoritarian practices. González, known for his vehement criticism of President Nicolás Maduro’s administration, has played a prominent role in the opposition’s ongoing efforts to challenge what they describe as the erosion of democratic norms in Venezuela. The specifics of the allegations against … Read more

Landmark Decision: Citgo Wins $49 Million in Insurance Dispute over Confiscated Venezuelan Oil

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Houston, Texas – A US jury recently awarded Citgo $49 million in an insurance dispute over Venezuelan oil that was seized by the government. The ruling comes as a significant victory for the oil company, providing some relief in the ongoing legal battle. The dispute began in 2017 when Citgo’s parent company, PDVSA, used the oil as collateral for a loan from Russian bank Rosneft. However, the US government imposed sanctions on Venezuela, effectively blocking the transfer of the oil, which was stored in Curacao at the time. As a result, Citgo turned to its … Read more