What does US ‘terrorist’ designation for Venezuela mean?
Washington’s designation of an alleged Venezuelan cartel as a foreign terrorist organization (FTO) takes effect on Monday, opening the door to new forms of US pressure on President Nicolas Maduro. The FTO list, which includes Islamist groups, separatists, guerrillas, and more recently, gangs and drug organizations from Mexico and Colombia, is overseen by the State […]
Venezuela’s ‘Pearl of the Caribbean’ loses its luster
One of the five stars that used to adorn the facade of the Margarita hotel on the Venezuelan paradise island of the same name has fallen off. Not that there are any guests to notice. The hotel is abandoned, its peeling facade a symbol of the decline of an island once dubbed the “Pearl of […]
A former Citgo executive sues the company for US$ 100 million for his arrest in Venezuela
A former Citgo oil executive who was detained in Venezuela for nearly five years filed a lawsuit in a Texas court against his former employer, seeking US$100 million in compensation. Citgo is a subsidiary of the Venezuelan state PDVSA, but as a result of the current political situation in that country it is controlled by […]