New Wave of Financial Instability in Venezuela: Maduro's Regime Drains Dollar Reserves

In recent days, reports have emerged indicating that the Venezuelan government under Nicolás Maduro is encountering severe financial difficulties. It has become evident that the regime is literally "burning through" its dollar reserves, raising increasing concern among both local and international experts. External economic conditions and internal issues are leaving the government with few options to address its financial challenges.

Continue reading

New Oil Minister of Venezuela: Maduro Appoints Key Ally Rodríguez

Recent governmental changes in Venezuela have brought an important appointment to a key position regarding one of the most significant sectors of the country's economy - oil. President Nicolás Maduro has appointed his close ally Manuel Rodríguez as the new Oil Minister, marking a significant step in the context of increasing pressure on Venezuela's oil industry.

Continue reading