The Latest Breaking News from Venezuela

Arcos Dorados Holdings Inc (NYSE:ARCO) reported fourth-quarter FY21 sales growth of 28.3% year-on-year, excluding Venezuela, of $777.13 million, beating the consensus of $750.54 million. Total revenues amounted to $780.29 million. Excluding Venezuela, systemwide comparable sales grew 33.6% Y/Y and rose 24.2% on a 2-year basis. The operating margin was 10%, and operating income for…

The government of Venezuelan President Nicolas Maduro is seeking meetings with political and business groups, and unions, among others, so that they can join negotiations alongside opposition politicians led by Juan Guaido, it said on Tuesday.

Ukraine believes the only way the Russian president will back down is if his economic power base in fossil fuels is seriously threatened. Putin thinks Europe and the US are too weak to do it – but some believe there is a way

WASHINGTON — Sanctions relief for Venezuela will be tied to “concrete steps” from the President Nicolas Maduro’s government, national security adviser Jake Sullivan said on Sunday.

The Biden administration has put oil talks with Venezuela’s strongman, Nicolas Maduro, on hold after receiving blowback from bipartisan lawmakers and the Latin American country’s democratic opposition.

MIAMI — Leonardo González Dellán’s LinkedIn page promotes him as an entrepreneur and restaurateur. A 2019 U.S. Treasury Department sanctions notice called him something else: testaferro, a financial “frontman” hiding money for corrupt Venezuelan politicians.

WASHINGTON — President Joe Biden announced Thursday that he will name Colombia as a major non-NATO ally, a significant recognition as the United States tries to undercut Russian President Vladimir Putin’s influence in Latin America after his invasion of Ukraine.

Venezuela says Putin is a victim, China blames the US, and a South African pundit calls out western hypocrisy

The U.S is willing to relax economic pressure on Venezuela depending on the outcome of upcoming talks between President Nicolas Maduro and the opposition, according to a senior Biden administration official.