The Latest Breaking News from Venezuela

Dozens of people are dancing in a neighborhood on the outskirts of Venezuela's capital

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…

WASHINGTON — The families of eight U.S. citizens who remain imprisoned in Venezuela have come to President Joe Biden’s defense over his outreach to the nation’s autocratic leader, Nicolás Maduro, asking him to stay the course with dialogue in the face of political headwinds at home.

NEW DELHI: With global oil prices surging to record highs, the government is taking several measures to ensure there is no adverse impact on end-use consumers in India.

NEW DELHI: India, the world's third-largest energy-consuming and importing nation, is pinning hope on resumption of crude oil supplies from Venezuela and Iran as well as higher production from Opec+ nations to help cool international oil prices that have hit multi-year highs.

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.