Via Foreign Policy, an article on a new gas deal that could boost both economies, but comes with major risks for Bogotá: For almost a decade, the Antonio Ricaurte gas pipeline—a 139-mile installation that cuts across Guajira, the northernmost peninsula in South America—has sat idle, a rusting symbol of decaying relations between Colombia and Venezuela, the […]
Read more »Via MercoPress, an article on Venezuela’s moves to grow closer to Mercosur and Argentina: Venezuela’s return to Mercosur, the resumption of flights between Buenos Aires and Caracas, and an invitation to President Nicolás Maduro to attend the CELAC summit in Buenos Aires next month are some of the signs showing the Argentine government’s rapprochement with Chavismo. […]
Read more »Via The Economist, an article on the recent U.S. decision to start lifting sanctions on Venezuela: Things have changed in Caracas, Venezuela’s capital. Traffic jams, absent for years, now clog up roads. Political posters, which used to loom over the city preaching grim mantras such as “socialism or death”, have been replaced by advertisements for whisky […]
Read more »Via Russia Briefing, a look at growing economic connections between Russia and Venezuela: Russia’s trade and development strategy with Venezuela has been taking significant steps as the two countries coordinate and enhance their joint investment plans, with significant implications for the global energy market and other markets. We explain these developments as follows: Energy Venezuela […]
Read more »Via Press TV and the Iran Project, a report on the growing relationship between Iran and Venezuela: Iran is planning to ship another 2,000 cars to Venezuela, an Iranian trade official says, in a further sign of a burgeoning relationship that appears to be developing beyond energy. It comes after the first shipment of 1,000 […]
Read more »Courtesy of the Wall Street Journal, an article on an impending U.S. decision to grant Chevron a license to pump oil in Venezuela: The U.S. is poised to grant a license to Chevron Corp. CVX -0.89% to pump oil in Venezuela, a policy shift that signals the easing of yearslong sanctions and could open the door for other oil companies to do business […]
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