#Venezuelan

Peter Thiel-backed startup Erebor Bank has pitched itself to top Venezuelan officials on restoring the sanctioned country’s access to the US financial system, an unexpected play by a new firm that’s stepping into a politically sensitive market many global…

Venezuelan officials said they wanted to “free the country from the burden of accumulated debt.”

Four months after US capture of Nicolás Maduro, official hail repairing of ties as American Airlines flight lands at Simón Bolívar airport

Venezuela was once a key destination for German industry. However, after nearly 30 years of socialism, only a handful of German companies remain active there. That could change if the nation opens up to foreign firms.

The issue had been hanging over the former Venezuelan leader’s federal criminal case for weeks. Last month, a judge indicated that he was skeptical of the U.S. government’s rationale for blocking the funds.

US officials reversed themselves and will now allow Nicolás Maduro and his wife to pay lawyers with Venezuelan funds as they defend themselves in the drug-trafficking case against them in New York.

There are viable, nonviolent ways of resolving Venezuela’s grave economic and political issues, experts say.…Read More

After the US ousted Maduro and effectively seized control of Venezuela's oil industry, the country's economy has been transitioning rapidly. The interim government is wooing investors but lacks democratic backing.

A judge appeared sympathetic on Thursday to legal arguments that ex-Venezuelan leader Nicolás Maduro and his wife Cilia Flores should be allowed to use Venezuelan government money to fund their defence.

Venezuelan sent to El Salvador's CECOT prison files $1.3M lawsuit against Trump admin

An attorney for deposed Venezuelan leader Nicolás Maduro asked a federal judge Thursday to toss out the indictment against his client, arguing the Trump administration is blocking Venezuelan government funds needed to pay for his legal d...