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25.05.26 - 16:18
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Pentagon Conducts First Military Drill In Venezuela Since Maduro Overthrow (ZeroHedge)
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Pentagon Conducts First Military Drill In Venezuela Since Maduro Overthrow
On Saturday, the US military conducted a highly visible drill right in the heart of Caracas, marking the first known American military exercise on Venezuelan soil since the chaotic January 3rd operation to abduct Venezuelan President Nicolas Maduro.
The show of force involved two US Marine Corps Osprey aircraft touching down near the recently reopened US Embassy in Caracas, which went operational only two months ago, in March.
via Reuters
"The drill, which the Venezuelan government said it had authorized as an evacuation drill for possible medical emergencies or disasters, included two MV-22B Osprey aircraft that landed near the U.S. embassy and vessels that entered Venezuelan waters in the Caribbean Sea," Reuters detailed.
Venezuela's Foreign Minister Yván Gil had announced and previewed the drill to the local population, and dubbed the action a 'rapid response' exercise in the heart of the capital....
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22.05.26 - 12:12
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Hormuz crisis: Venezuela becomes India′s third-largest crude oil supplier in May (Times of India)
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Venezuela has surged to become India's third-largest crude oil supplier this May, surpassing Saudi Arabia and the US. Indian refiners are boosting purchases of cheaper Venezuelan heavy crude due to its attractive economics and compatibility with complex refineries. This shift comes as West Asia conflict disrupts traditional shipping routes, prompting India to diversify its oil sourcing....
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20.05.26 - 17:42
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A 220% Bond Rally Snaps as Venezuela Euphoria Gets Reality Check (Bloomberg)
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To the investors who had snapped up Venezuela's defaulted bonds at beaten-down prices, it was the moment they were waiting for: Acting President Delcy Rodriguez's government announced that it was moving quickly to kick off negotiations aimed at restructuring its $170 billion pile of debt....
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20.05.26 - 16:01
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Can Venezuela Rebuild Investor Trust With a Debt Overhaul? (Bloomberg)
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Venezuela is seeking to kick off one of the biggest debt restructurings in modern financial history, as the government attempts to revive the economy after years of turmoil. If successful, the renegotiation of the terms of $170 billion of bonds, loans and other claims that are in default could reopen the country's access to international markets and fresh investment....
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