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01.01.26 - 04:00
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In Venezuela, price of US dollar up 479% in a year (Times of India)
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Venezuela, currently in the throes of an escalating crisis with the United States, closed the books Wednesday on a complicated year for its economy, with the official cost of buying a US dollar up 479 percent in the last 12 months. The gap between the official and black market rate is mounting as well, nearing 100 percent in an economy that has become increasingly dollarized as a way to tackle hyperinflation....
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01.01.26 - 00:39
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New Trump-Xi Showdown Approaches As Chinese Tankers Press Ahead To Venezuela Despite Blockade (ZeroHedge)
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New Trump-Xi Showdown Approaches As Chinese Tankers Press Ahead To Venezuela Despite Blockade
Two Chinese-flagged very large crude carriers are proceeding toward Venezuelan waters despite a U.S.-imposed blockade on sanctioned oil tankers, raising the prospect of heightened tensions between Washington and Beijing over Venezuela's crude exports.
Thousand Sunny oil tanker (photo: Tommy Chia)
Shipping data published by Lloyd's List on Tuesday shows the Thousand Sunny is expected to arrive at Venezuela's Jose Terminal in mid-January after rounding the Cape of Good Hope empty in the southern Atlantic, Newsweek reports. The vessel, which is not subject to U.S. sanctions, has historically transported Venezuelan Merey heavy crude to China. A second unsanctioned Chinese-flagged VLCC, the Xing Ye, is currently positioned off French Guiana, awaiting loading at the same terminal, Newsweek said.
Via Newsweek
Both the State Department and China's Foreign Ministry have remained mum on the vessels' moveme...
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31.12.25 - 05:39
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Pressestimme: ′Lausitzer Rundschau′ zu Venezuela (DPA-AFX)
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COTTBUS (dpa-AFX) - "Lausitzer Rundschau" zu Venezuela:"Es ist die gefährliche Eskalation eines Konflikts, der nur vorgeblich allein den Drogenkartellen gilt. (...) Was den US-Präsidenten und seine Regierung antreibt, reicht weit über den Anti-Drogen-Kampf ......
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