Venezuela Faces The Loss Of Citgo

Venezuela is about to learn a painful lesson on international economics as it loses control over Citgo, its world renown oil refiner. Read further to learn what it means. Read More

US court sets June bidding deadline for auction of shares in Citgo parent

A U.S. federal court on Tuesday set June 11 as the deadline to accept binding offers for shares in a parent of oil refiner Citgo Petroleum, a process organized to pay creditors for past expropriations ... Read More

U.S. extends license protecting Citgo from creditors through mid-August

The U.S. Treasury Department extended through mid-August a license protecting Venezuela-owned oil refiner Citgo Petroleum (PDVSAC.UL) from creditors seeking to enforce judgments from past ... Read More

Russia Abandoned by Allies as US Tightens Sanctions Noose

Russia is being abandoned by its key allies amid tightening U.S. sanctions ... a world news story that Newsweek should be covering? Do you have a question about the Russia-Ukraine war? Let us ... Read More

World News

By Lara Jakes Horses Run Loose Through Central London in Surreal Spectacle Having a team in the world’s richest sports ... awarded third place to Russia. The Russians filed three cases, asking ... Read More

US and Cyprus Will Sign a Deal to Fight Money Laundering and Evasion of Russian Sanctions

US and Cyprus Will Sign a Deal to Fight Money ... skirt international sanctions. Although Cyprus has insisted it has abided by international sanctions imposed on Russia following its 2022 invasion ... Read More

Biden Is Unlikely to Reimpose Oil Sanctions on Venezuela

The Biden administration is leaning away from reimposing sanctions on Venezuela’s oil industry despite President Nicolás Maduro’s moves to bar leading opposition candidates from the country ... Read More

India Pauses Venezuela Oil Purchases Fearing U.S. Sanctions Return

Private refiner Reliance Industries, which is India’s largest buyer of Venezuelan crude grade Merey, looks to avoid ... sanctions on Venezuela’s oil industry in October. For India, the world ... Read More

Venezuela's Rosales Willing to Cede Ballot Place to Opposition Unity Candidate

Venezuela's Rosales Willing to Cede Ballot Place to Opposition Unity Candidate By Mariela Nava MARACAIBO, Venezuela (Reuters) -Venezuela presidential hopeful Manuel Rosales said on Wednesday he ... Read More

Why is Islamic State targeting Russia? – video explainer

Russian police failed to thwart the attack despite warnings issued by the US to Moscow that extremist groups were plotting attacks in Russia. President Vladimir Putin has acknowledged the ... Read More

Russia vetoes U.N. group monitoring North Korean sanctions

March 29 (UPI) --Russia voted against extending the mandate of a U.N. panel that monitors North Korean sanctions ... from Peru's Supreme Court. World News // 14 hours ago U.S. military joins ... Read More

Russia warns of ‘negative consequences’ after £230m Armenia-EU deal

Russia’s foreign ministry said attempts by the US and the EU to woo Armenia over ... Mr Pashinyan has intensified talks with the West, signed arms deals with France and mounted a diplomatic ... Read More