What do U.S. financial sanctions mean for Venezuelan oil? Will PDVSA be pushed into default? Or will they just make selling oil to the U.S. a little more inconvenient? We navigate through the ins and outs of Executive Order # 13808.
The Chinese may be throwing a lifeline to the Venezuelan government through a fishy deal, again sinking the country further into misery and helping Maduro remain in power at all costs.
The Trump administration is considering a ban on some or all Venezuela/PDVSA bond trading, and now bondholders are leaving the market while they still can.
Mexico is exploring a devious plan to eat Venezuela’s Petrocaribe lunch, potentially breaking one of the last pinche bastions of diplomatic support Caracas has left.
The U.S. needs a way to put meaningful pressure on the Maduro regime without making oil prices spike or Venezuelans starve. The way you do that is Oil-for-Food.
We’ve been able to hang on for 22 years in one of the craziest media landscapes in the world. We’ve seen different media outlets in Venezuela (and abroad) closing shop, something we’re looking to avoid at all costs. Your collaboration goes a long way in helping us weather the storm.