Tag

Venezuela

All articles tagged with #venezuela

Trump-Linked War Bets Spark Insider-Trading Questions Over Polymarket and Kalshi
politics9 days ago

Trump-Linked War Bets Spark Insider-Trading Questions Over Polymarket and Kalshi

A Bubblemaps analysis finds nine anonymous Polymarket accounts earned over $2.4 million across more than 80 bets tied to U.S. military actions and Trump-era decisions (including Maduro’s capture and Iran timing), with a 98% win rate—sparking concerns about insider trading on prediction markets and prompting a White House warning that using nonpublic information for financial gain is illegal; Polymarket says it flags suspicious activity and cooperates with investigations, while Trump Jr. is an investor through 1789 Capital, underscoring the politics-tech crossover.

world9 days ago

Diaz-Canel warns US attack on Cuba would spark a bloodbath

Cuban President Miguel Díaz-Canel Bermúdez warned that any U.S. military action against Cuba would trigger a ‘bloodbath’ and destabilize the region, as Cuba navigates energy strains tied to Venezuela amid Washington’s hawkish policy; the report notes U.S. rhetoric about Cuba, intelligence claims of potential Cuban drone actions, and a high-level Havana visit by the CIA, while Cuban officials dispute some unverified assertions.

world10 days ago

Venezuela Deports Maduro Ally Alex Saab to Face U.S. Criminal Probes

Venezuela says it deported close Maduro ally Alex Saab to the United States to face several U.S. criminal investigations, a reversal less than three years after Biden pardoned Saab as part of a prisoner swap. Saab, long described by U.S. officials as Maduro’s “bag man,” could be called to testify against Maduro in a Manhattan drug case, and U.S. prosecutors are also probing bribery tied to the CLAP food program.

Venezuela kicks off $150B debt restructuring to unlock investment
business13 days ago

Venezuela kicks off $150B debt restructuring to unlock investment

Venezuela has begun a comprehensive restructuring of about $150 billion in sovereign and PDVSA debt to relieve the burden and spur investment, arguing sanctions blocked financing. The plan aims to fund social needs (health, electricity, water, education) and infrastructure, and follows a thaw in U.S. relations with renewed IMF/World Bank engagement, with bond markets rising on the news.

politics16 days ago

Oil Deals Ahead of Elections: U.S. Engages Venezuela’s Interim Regime

U.S. energy officials have stepped up engagement with Venezuela’s interim government to push oil and mining deals, signaling a shift from regime change to economic stabilization as a prerequisite for any democratic transition. Three independent U.S. producers ink non-binding agreements and sanctions-relief moves have opened space for investment, but investors remain cautious about political risk and unclear timelines for elections, as PDVSA negotiations and governance under interim leader Delcy Rodríguez continue.

Ex-Congressman and Lobbyist Convicted of Secret Venezuela Lobbying and $50M Laundering Scheme
crime25 days ago

Ex-Congressman and Lobbyist Convicted of Secret Venezuela Lobbying and $50M Laundering Scheme

A Miami federal jury found former U.S. Representative David Rivera and associate Esther Nuhfer guilty of secretly lobbying for Venezuela without registering under FARA and of money-laundering tied to a $50 million contract with PDVSA. They allegedly used coded messages, moved contract proceeds to fund Rivera’s campaign and Nuhfer’s residence, and conspired to obscure the foreign influence. Rivera faces up to 60 years; Nuhfer up to 30, with sentencing to follow.

Ex-Rep. Rivera Convicted in Secret Venezuela Lobbying Scheme
politics26 days ago

Ex-Rep. Rivera Convicted in Secret Venezuela Lobbying Scheme

Former Florida Rep. David Rivera was found guilty in Miami on all counts for secretly lobbying U.S. officials on behalf of Venezuela’s PDVSA to ease sanctions during Nicolás Maduro’s tenure; the trial featured testimony from Rubio and others, and Rivera and associate Esther Nuhfer were convicted, with Rivera facing a potentially long prison sentence and related charges in D.C.