Podcasts about pdvsa

Over the past week, President Trump has intensified pressure on Venezuelan president Nicolás Maduro by targeting the regime's economic lifeline—oil. The United States has seized two oil tankers and is in pursuit of another, following President Trump's declaration of what he called a "total and complete blockade" of vessels carrying Venezuelan crude subject to US sanctions. The move places one of Venezuela's most valuable and strategic assets squarely at the center of the conflict. The country holds an estimated 17 percent of the world's oil reserves and produces nearly one million barrels per day, nearly all of which is exported. Targeting these exports and the use of a naval blockade carries serious implications, raising questions about the potential for further escalation. How is the standoff between Washington and Caracas evolving? What diplomatic or economic off-ramps—if any—remain? And what does all of this mean for global energy markets already navigating a fragile balance of supply, sanctions, and geopolitical risk? This week, Jason Bordoff speaks with Luisa Palacios and Eddie Fishman about the Trump administration's strategy in the region. Luisa leads the research team and is a scholar at the Center on Global Energy Policy. Previously, she served as chairwoman of CITGO Petroleum Corporation, the US refining arm of Venezuela's state-owned oil company, PDVSA. Eddie is a senior research scholar at the Center on Global Energy Policy. He is the author of the bestselling book Chokepoints: American Power in the Era of Economic Warfare, which was named a finalist for the Financial Times Business Book of the Year. Credits: Hosted by Jason Bordoff and Bill Loveless. Produced by Mary Catherine O'Connor, Caroline Pitman, and Kyu Lee. Engineering by Gregory Vilfranc.  

SHOW 12-18-25 THE SHOW BEGINS IN DOUBTS ABOUT THE POTUS AT YEAR'S END... 1951 BALD EAGLE ALASKA CRUNCH EU SUMMIT DISCUSSES USING FROZEN RUSSIAN ASSETS FOR UKRAINE Colleague Anatol Lieven. The European Union is internally divided over seizing frozen Russian assets to fund Ukraine's war effort and reconstruction, a move requiring rule changes that some members resist. While the US proposes using these funds for post-war rebuilding, current plans risk spending the capital on immediate warfare, potentially undermining international financial trust. NUMBER 1 NATO AND EU SEEK DEFENSE FUNDS AMID FEARS OF RUSSIAN AGGRESSION Colleague Anatol Lieven. European nations like Finland are demanding funds to counter perceived Russian threats, despite a lack of historical aggression toward them. Lieven argues that plans to spend billions on tanks are misguided, as the Ukraine war demonstrates that expensive armor is easily destroyed by cheaper drones and defensive lines. NUMBER 2 CALIFORNIA JOB LOSSES AND CHINA'S ECONOMIC SLOWDOWN AMID RETAIL SEASON Colleague Chris Riegel. California's new wage mandates have triggered significant job losses in the fast-food sector, forcing operators to move to lower-tax states. Internationally, while China boasts of leads in AI and EVs, these sectors rely on unsustainable subsidies, masking a deep consumer recession and deflation in the property market. NUMBER 3 SPAIN'S GOVERNMENT MAINTAINS TIES WITH VENEZUELA DESPITE OPPOSITION Colleague Mary Anastasia O'Grady. The Spanish government under Pedro Sanchez maintains ideological and economic alliances with the Maduro regime, prioritizing political agendas over democratic ideals. Opposition figure Cayetana Alvarez de Toledo accuses former Prime Minister Zapatero of acting as an international agent for Maduro, facilitating the dictatorship's survival despite mass migration. NUMBER 4 CHINA'S SURREPTITIOUS SUPPORT KEEPS THE MADURO REGIME AFLOAT Colleague Professor Evan Ellis. China sustains the Maduro regime through loans, surveillance technology, and military equipment while bypassing sanctions to import Venezuelan oil. The state oil company, PDVSA, collapsed due to the purging of technical experts and lack of investment, forcing Venezuela to rely on Iranian engineers to maintain minimal production. NUMBER 5 VENEZUELA'S TRAGIC DECLINE FROM PROSPERITY TO AUTHORITARIANISM Colleague Professor Evan Ellis. Historical imagery reveals Venezuela's transformation from a prosperous, modern nation in the 1950s to a ruined state today. Deep inequality and corruption in the pre-Chavez era alienated the poor, allowing Hugo Chavez to capitalize on their frustration and dismantle the free market system, leading to the current crisis. NUMBER 6 ELECTIONS IN CHILE, PERU, AND HONDURAS SIGNAL REGIONAL SHIFTS Colleague Professor Evan Ellis. In Chile, José Antonio Kast's rise reflects a rejection of progressive policies and crime, favoring order and investment. Meanwhile, Peru faces political fragmentation and violence, Honduras struggles with electoral disputes, and Costa Rica appears poised to elect a pro-US candidate who aims to limit Chinese influence. NUMBER 7 ARGENTINA'S CREDIT RATING RISES AS BRAZIL FACES POLITICAL POLARIZATION Colleague Professor Evan Ellis. S&P upgraded Argentina's credit rating following Javier Milei's austerity measures, which have stabilized the currency and reduced inflation despite social costs. In Brazil, the reduction of Jair Bolsonaro's prison sentence and his son Flavio's candidacy signal a continued, polarized struggle against Lula da Silva's agenda for the 2026 election. NUMBER 8 ROMAN KINGSHIP: FROM CITIZEN SELECTION TO THE IDEAL OF SERVICE Colleague Professor Edward J. Watts. Early Roman kings were selected by citizens based on merit rather than heredity, but figures like Servius Tullius began bypassing this consent. Conversely, Cincinnatus exemplifies the Roman ideal of service; he accepted absolute dictatorial power to save the state during a crisis, then immediately resigned to return to his farm. NUMBER 9 APPIUS CLAUDIUS CAECUS: INFRASTRUCTURE AND POLITICAL GENIUS Colleague Professor Edward J. Watts. Appius Claudius Caecus transformed the Roman censorship office into a power base by building the Appian Way and appointing wealthy Italians to the Senate. As a blind elder statesman, he shamed the Senate into rejecting peace with Pyrrhus, insisting Rome must fight to maintain its dominance and ancestral legacy. NUMBER 10 ROME VS. CARTHAGE: DESTINY, TRAGEDY, AND THE CONSENSUS FOR WAR Colleague Professor Edward J. Watts. The conflict between Rome and Carthage is symbolized by the tragedy of Dido, representing the incompatibility of their powers. Despite Hannibal's devastating victories, the Roman Republic prevailed through a political system that prioritized consensus and collective sacrifice, allowing them to endure immense losses without surrendering. NUMBER 11 THE GRACCHI BROTHERS AND THE RISE OF POLITICAL VIOLENCE IN ROME Colleague Professor Edward J. Watts. The Gracchi brothers introduced political violence to Rome, with Tiberius using populism to revive his career and Gaius acting as a true believer in reform. Their assassinations by the Senate marked a departure from peaceful republican norms, as the elite used violence to protect entrenched economic inequality. NUMBER 12 DISCOVERY OF GIANT RADIO GALAXIES AND SUPERMASSIVE BLACK HOLES Colleague Dr. Sabayashi Pal. Astronomers have discovered 53 giant radio galaxies, some 75 times larger than the Milky Way, powered by active supermassive black holes emitting radio jets. These ancient objects offer insights into galactic evolution, contrasting sharply with the Milky Way's smaller, dormant black hole that allows life to exist safely. NUMBER 13 INVESTING IN HUMAN INTELLECT OVER ARTIFICIAL INTELLIGENCE Colleague Dr. Sabayashi Pal. Given an unlimited budget, Dr. Pal would prioritize human resource development over new telescopes, proposing a space study institute in Africa to train experts. He argues that while AI is a useful tool, education is essential for humans to interpret data and appreciate the machinery rather than being replaced by it. NUMBER 14 EUROPE SCROUNGES FOR FUNDS AMID RUSSIAN ASSET DISPUTES Colleague Michael Bernstam. The UK threatens to seize proceeds from the sale of Chelsea FC for Ukraine aid, while the EU struggles to finance a $135 billion shortfall for Kyiv. European leaders propose leveraging frozen Russian assets for loans, but financial markets remain skeptical of the EU's ability to guarantee such debt. NUMBER 15 CONGRESSIONAL SPENDING AND THE REVERSE MIDAS TOUCH Colleagues Dave Hebert and Peter Earle. Hebert and Earle argue that Congressional spending exacerbates problems in education and healthcare by subsidizing demand while restricting supply through regulations. They contend politicians prefer "showy" supply-side interventions, like drug busts, over effective policies because the politics of appearing effective outweigh the economics of actual affordability. NUMBER 16

We are thrilled to share this Special Edition COBT as our final episode of 2025. Like many of you, we have been closely watching the escalating situation in Venezuela, and we had the honor of hosting former Attorney General Bill Barr to hear his unique perspectives. Bill served twice as Attorney General, first under President George H. W. Bush from 1991 to 1993 and again under President Donald Trump from 2019 to 2020. He is the author of “One Damn Thing After Another” and has held senior roles at Kirkland & Ellis and Verizon. He earned his law degree from George Washington University and studied Government and Chinese Studies at Columbia. Bill is currently a Partner at Torridon Group. It was our pleasure to visit with Bill and hear his insights on the latest developments in Venezuela. In our conversation, we explore the current Venezuela crisis and U.S. military buildup, why Bill welcomes the Trump Administration's response, and why he sees Venezuela as both a national security threat and humanitarian crisis. Bill outlines narco-terrorism versus traditional organized crime, how cartels use drugs as a weapon against the U.S., and why he views Venezuela as a strategic adversary with deep ties to Russia, China, Cuba, Iran, and Hezbollah. He explains why domestic-style law enforcement doesn't work inside hostile foreign territory and walks through the long-standing U.S. doctrine of acting when foreign states are “unable or unwilling” to deal with threats to the U.S. in their territory. We discuss lessons from U.S. action in Panama, stopping short in Iraq after Gulf War I, what “if you break it, you own it” means for Venezuela, why Venezuela is the focus now, versus Mexico and others, the role of Russia and China in Venezuela, and how renewed enforcement pressure on sanctioned tankers and oil flows can further squeeze the regime. We cover the effectiveness and limits of sanctions and the emerging quasi-blockade, how the President should think about escalation from a legal and constitutional perspective, Maduro's options and potential off-ramps, the case for swift, decisive action, how failed regimes drive refugee crises that put pressure on U.S. borders, the potential collateral benefits for Venezuela and the broader region if things go well, and much more. As always, we appreciate hearing Bill's perspectives. It was a fascinating conversation. Mike Bradley kicked us off by noting that Thursday's November CPI report printed much lower than expected, which lifted bonds and equities. On the electricity market front, he highlighted that the PJM Capacity Auction for 2027-2028 resulted in a record price ($333 per megawatt day). The more concerning takeaway, however, was that PJM did not obtain enough capacity to meet future reliability requirements. In energy news, Mike noted that Meg O'Neill, current CEO of Woodside Energy, has accepted the CEO role at BP PLC. On the oil market front, he observed that WTI price appears to have temporarily stabilized in the $56-$57/bbl range. Oil markets continue to be overly concerned with a “perceived” oil supply price glut in 2026, and at the current WTI strip price (mid-$50s/bbl), 2026 E&P budgets will be negatively impacted when they report in the coming months. He wrapped by walking through Venezuela's past/present oil production (under both the Chávez and Maduro administrations) and the severe economic damage that's been inflicted under the Maduro presidency. Arjun Murti built on Mike's comments and reflected on Venezuela's oil industry in the 1990s, when international oil companies partnered with PDVSA to develop the country's vast heavy-oil resources under favorable fiscal terms and strong technical collaboration. He contrasted that period with the deterioration that followed under Hugo Chávez and Nicolás Maduro, as contract terms were tightened and assets were eventually nationalized, contributing to the collapse of Venezuela's oil sector and the country's

CHINA'S SURREPTITIOUS SUPPORT KEEPS THE MADURO REGIME AFLOAT Colleague Professor Evan Ellis. China sustains the Maduro regime through loans, surveillance technology, and military equipment while bypassing sanctions to import Venezuelan oil. The state oil company, PDVSA, collapsed due to the purging of technical experts and lack of investment, forcing Venezuela to rely on Iranian engineers to maintain minimal production. NUMBER 5 1902 CARACAS

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture Trump and his administration are now dismantling the entire green agenda. The [CB] has made everything unaffordable, Trump is now in the process of reversing this. The [CB] tried to trap Trump in a failing economy, Trump turn the tables and trapped the [CB]. The [DS] is fighting back, corruption still exists, criminals are still running many parts of gov across the country. Trump is dismantling their system and they are trying to stop him. Trump has countered the fake news, they have been trying to divide the people and pushing doubt in regards to the Trump administration. His admin are now showing the world that they are united and they stand behind Trump. This was needed for the next part of the plan that we are entering. Soon the storm is coming, buckle up. Economy  (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/unusual_whales/status/2001275434898784270?s=20 https://twitter.com/PlanetOfMemes/status/2000978294993236140?s=20 https://twitter.com/USTradeRep/status/2000990028835508258?s=20   enterprise services to EU companies, and they support millions of jobs and more than $100 billion in direct investment in Europe. The United States has raised concerns with the EU for years on these matters without meaningful engagement or basic acknowledgement of U.S. concerns. In stark contrast, EU service providers have been able to operate freely in the United States for decades, benefitting from access to our market and consumers on a level playing field. Some of the largest EU service providers that have hitherto enjoyed this expansive market access include, among others: — Accenture — Amadeus — Capgemini — DHL — Mistral — Publicis — SAP — Siemens — Spotify If the EU and EU Member States insist on continuing to restrict, limit, and deter the competitiveness of U.S. service providers through discriminatory means, the United States will have no choice but to begin using every tool at its disposal to counter these unreasonable measures. Should responsive measures be necessary, U.S. law permits the assessment of fees or restrictions on foreign services, among other actions. The United States will take a similar approach to other countries that pursue an EU-style strategy in this area.  Political/Rights https://twitter.com/amuse/status/2000982942907039813?s=20   Russiagate. In 2017, he founded the Committee to Investigate Russia, a political NGO that promoted the Russiagate hoax. Former CIA Director John Brennan and DNI James Clapper served on its advisory board, giving intelligence world credibility to a partisan effort. The group's mission was clear: cripple President Trump and question the legitimacy of the 2016 election. https://twitter.com/CynicalPublius/status/2000993976330191330?s=20   efforts to have Trump imprisoned on wholly fabricated charges. Proof below. 3. In all likelihood, Reiner was in cahoots with the CIA in attempting to destroy our Constitutional form of government. Given the above, if anything Trump’s commentary on Reiner was too kind. So knock it off, bedwetters. https://twitter.com/TonySeruga/status/2001297973209416013?s=20 https://twitter.com/elonmusk/status/2000987037638496554?s=20  https://twitter.com/RedWave_Press/status/2001066545716326714?s=20 https://twitter.com/TheLastRefuge2/status/2001196416056619102?s=20 Brown University Received a Letter from 34 Human Rights Groups in August Requesting They Disable Their CCTV System  The question is: Did Brown University acquiesce under pressure from far-left human rights groups to disable their CCTV systems, in advance of the mass shooting on campus? [SOURCE – AUGUST 19, 2025] As originally reported in August 2025 {SOURCE}, a group of far-left human rights advocate sent a letter to 150 U.S. colleges and universities asking them to disable the CCTV systems to protect “free expression and academic freedom across the country,” because “the Trump administration has launched an aggressive campaign against US academic institutions.” The motive for the request to disable CCTV systems as stated: “Right now these tools are facilitating the identification and punishment of student protesters, undermining activists' right to anonymity––a right the Supreme Court has affirmed as vital to free expression and political participation.” {SOURCE} The letter from ‘Fight For The Future‘ (August, 2025) came after an earlier campaign by the same group seeking to stop the use of facial recognition cameras on college campuses. {SOURCE} Source: theconservativetreehouse.com https://twitter.com/DataRepublican/status/2001107948312133776?s=20   network. Students from there have been arrested for participating in terrorist plots. The evidence is so overwhelming, that House Republicans successfully convinced Harvard to cut research ties to Birzeit University — briefly. Let’s put it this way: If I were in Vegas and forced to bet on whether Professor Doumani had ever been part of any extremist plots, I wouldn’t bet on “no.” We need to stop accepting “Ivy League” as any meaningful measure of merit. https://twitter.com/DC_Draino/status/2001052796037017940?s=20   in the area with no noticeable gun, then started jogging towards the building where he shot one of the few conservative leaders on a radical campus. That seems like an assassination of Ella Cook, possibly with an innocent bystander taken down with her. https://twitter.com/amuse/status/2001062786084880887?s=20  today, December 16, 2025, amid widespread speculation and emerging reports identifying him as the prime suspect in the December 13 mass shooting on campus that killed two students and injured nine others. The university has not released an official statement explaining the deletion, but online discussions and news coverage point to it as an effort to scrub digital traces of Kharbouch during the ongoing FBI manhunt and investigation. His X (formerly Twitter) account has also been taken down, fueling theories of a cover-up by the university, media, or authorities to control the narrative around his pro-Palestine activism and alleged radical views. As of now, federal authorities have released images and a timeline of the suspect’s movements but have not publicly confirmed Kharbouch’s involvement, though some outlets report he has fled and remains at large with a $50,000 reward offered for information leading to his arrest. This is a summary of his (now deleted) manifesto: In Mustapha Kharbouch’s 2024 manifesto, “I Hear The Voice of My Ancestors Calling: From The Camps to The Campus,” published by the Institute for Palestine Studies, the author reflects on his role in the Brown University Gaza Solidarity Encampment amid the ongoing conflict in Gaza. As a third-generation stateless Palestinian refugee raised in Lebanon, Kharbouch draws from his family’s history of displacement during the 1948 Nakba to frame his activism. The piece begins with lyrics from an adapted “Ancestor Song,” symbolizing a call to action and intergenerational resilience. He describes participating in non-violent protests, including an eight-day hunger strike by 19 students, arrests of 61 comrades for demanding university divestment from apartheid and illegal occupation, and organizing encampments with hundreds of participants engaging in rallies, teach-ins, art, film screenings, and chants. Kharbouch explores themes of “radical love” for land and people in Gaza, collective grief over the genocide, and solidarity as a revolutionary practice rooted in Palestinian revolutionary traditions that reject colonialism, carcerality, and imperialism. He critiques passive hope, instead advocating for active, decolonial hope through community-building and bearing witness to atrocities, like the invasion of Rafah. Influenced by queer feminist approaches (citing scholars like Sarah Ihmoud and Robin Kelley), he emphasizes transforming anger and despair into sustainable world-making, while questioning intergenerational betrayal and the cynicism inherited from survival under oppression. Ultimately, the manifesto affirms the encampment’s role in a broader student rebellion, linking campus actions to global Palestinian liberation and calling for continued, unyielding commitment despite challenges. https://twitter.com/EndWokeness/status/2001028141851013528?s=20 https://twitter.com/JamesHartline/status/2001090533746467327?s=20 https://twitter.com/EndWokeness/status/2001089445194235926?s=20 https://twitter.com/ProvidenceRIPD/status/2001345847133643062?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2001345847133643062%7Ctwgr%5E8764cf1453bd57445310069de900ad0f6828d697%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F12%2Fbreaking-providence-police-release-photos-person-proximity-brown%2F https://twitter.com/nypost/status/2001047137308590081?s=20 https://twitter.com/TheSCIF/status/2000985628029403418?s=20 https://twitter.com/amuse/status/2001347329585012818?s=20 https://twitter.com/elonmusk/status/2001000454042607728?s=20 DOGE Trump Suspends ‘Tech Prosperity Deal' With UK Over Censorship and Regulations by ‘Online Safety Bill' Hurting US Tech Companies  Trump has suspended the ‘Tech Prosperity Deal' with the UK over its censorship push. The Telegraph reported: “The White House paused the tech prosperity deal amid concerns the Online Safety Act, which regulates online speech, will stifle American artificial intelligence companies, the Telegraph understands. The law allows the British government to levy large fines on tech giants it deems have facilitated hate speech.” After the rise of artificial intelligence, companies like OpenAI or xAI can face huge fines – harming their growth and giving China an edge in the AI race. “'The perception is that Britain is way out there on attempting to police what is said online, and it's caused real concern', a source with knowledge of the decision to suspend the deal said. ‘Americans went into this deal thinking Britain were going to back off regulating American tech firms but realized it was going to restrict the speech of American chatbots'.” Source: thegatewaypundit.com Geopolitical https://twitter.com/elonmusk/status/2001217017001685167?s=20    of our Assets, and many other reasons, including Terrorism, Drug Smuggling, and Human Trafficking, the Venezuelan Regime has been designated a FOREIGN TERRORIST ORGANIZATION. Therefore, today, I am ordering A TOTAL AND COMPLETE BLOCKADE OF ALL SANCTIONED OIL TANKERS going into, and out of, Venezuela. The Illegal Aliens and Criminals that the Maduro Regime has sent into the United States during the weak and inept Biden Administration, are being returned to Venezuela at a rapid pace. America will not allow Criminals, Terrorists, or other Countries, to rob, threaten, or harm our Nation and, likewise, will not allow a Hostile Regime to take our Oil, Land, or any other Assets, all of which must be returned to the United States, IMMEDIATELY. Thank you for your attention to this matter! DONALD J. TRUMP PRESIDENT OF THE UNITED STATES OF AMERICA In 1970, as National Security Advisor, Kissinger was briefed on and helped shape US oil import policies toward Venezuela following a visit by Venezuelan President Rafael Caldera. These policies, announced in June 1970, focused on long-term petroleum development and were positively received by Venezuela, but they represented unilateral US adjustments rather than a negotiated deal.  In 1972, Venezuela terminated a longstanding reciprocal trade agreement with the US that included concessional tariff rates on Venezuelan oil imports. Kissinger was informed of this as National Security Advisor, and the US considered maintaining low tariffs to avoid cost increases, but this was a termination process, not a new deal.   Venezuela effectively took control of oil fields and assets from US companies on two major occasions, though the processes involved nationalization and expropriation rather than outright theft without legal frameworks or compensation. These actions shifted operations from private foreign (including US) entities to state control under the Venezuelan government.In the 1970s, Venezuela nationalized its entire oil industry, which had been largely developed and operated by foreign companies since the early 20th century. On January 1, 1976, the government officially took over, creating the state-owned Petróleos de Venezuela, S.A. (PDVSA). This affected major US firms like Exxon (formerly Standard Oil), Gulf Oil, and others, which had held concessions. The companies were provided compensation as part of the process, and it was generally seen as an expected transition in global oil politics at the time, without major disruptions to US supply. In 2007, under President Hugo Chávez, Venezuela escalated state control by mandating that foreign oil projects in the Orinoco Belt (a massive heavy oil reserve) convert to joint ventures where PDVSA held at least a 60% stake. Companies like Chevron complied, but ExxonMobil and ConocoPhillips refused, leading to the government expropriating their assets. International arbitration tribunals later ruled these actions unlawful, awarding ExxonMobil about $1.6 billion and ConocoPhillips over $8 billion in compensation (though Venezuela has contested and delayed payments). This has been a point of ongoing tension, with US firms pursuing Venezuelan assets globally to enforce the awards. These events did not involve taking oil fields directly from the US government but from American corporations with investments in Venezuela, reflecting broader shifts toward resource nationalism. https://twitter.com/WarClandestine/status/2001087786879795546?s=20 War/Peace Zelensky: If Putin rejects peace plan, US must give us weapons The Ukrainian leader issued the warning as Russia said it would not drop its claims to land it believes to be its own  So Zelensky, NATO EU DS rewrote the plan knowing Russia wouldn’t accept it.  Source: thetimes.com Zelensky is stealing the election before it begins The overstaying Ukrainian leader has made a show of agreeing to hold a vote – but his preconditions make a mockery of it   The often-heard claim that Ukraine cannot hold presidential elections in wartime, by the way, is badly misleading, and a thoroughly politically motivated misrepresentation of the facts: In reality, the Ukrainian constitution only prohibits parliamentary elections in time of war. Elections for the presidency are impeded by ordinary laws which can, of course, easily and legally be changed by the majority which Zelensky controls in parliament. That is merely a question of political will, not legality.  Zelensky and his fixers are planning to shift the whole presidential election online. If they do, falsification in Zelensky's favor is de facto guaranteed or mail in ballots Source: rt.com Hegseth Orders Christmas Bonuses For War Department Top Performers  The War Department is rewarding its highest performers with monetary awards worth 15 to 25% of base pay, The Daily Wire can first report, rewards intended to reflect the “historic successes” of the past 10 months. Secretary of War Pete Hegseth directed all War Department department heads and principal staff assistants to “take immediate action to recognize and reward [the] very best” of the department's civilian workforce with “meaningful monetary awards consistent with the relevant existing civilian awards authorities for each pay system,” according to a memorandum for senior Pentagon leadership first obtained by The Daily Wire. The distribution of bonuses — which could reach up to $25,000 — is also in line with the Trump administration's broader efforts to make the federal government function more like a private-sector business. Source: dailywire.com FBI Agents Thought Clinton’s Uranium One Deal Might Be Criminal – But McCabe, Yates Stonewalled Investigation: Report Remember Uranium One? The massive 2010 sale of US uranium deposits to Russia approved by Hillary Clinton and rubber-stamped by the Committee on Foreign Investment in the United States (CFIUS) – after figures linked to the deal donated to the Clinton Foundation? Turns out rank-and-file FBI investigators thought there was enough smoke to launch a criminal investigation, but internal delays and disagreements within the DOJ and FBI ultimately caused the inquiry to lapse, newly released records reveal.   The Uranium One transaction – involving the sale of a Canadian mining company with substantial U.S. uranium assets to Russia's state-owned nuclear firm Rosatom – became a flashpoint during Hillary Clinton's 2016 presidential campaign. Critics argued that then-Secretary of State Clinton, a member of CFIUS, helped approve the deal while donors connected to Uranium One made large contributions to the Clinton Foundation.  The newly released documents suggest that the circumstances surrounding Uranium One were never fully investigated, leaving unresolved questions about how a strategic U.S. asset came under Russian control – and whether potential criminal conduct went unexamined due to internal delays and legal disputes. Source: zerohedge.com Health https://twitter.com/GuntherEagleman/status/2001327868979368264?s=20 [DS] Agenda https://twitter.com/Badhombre/status/2001052105155481995?s=20   million stolen through Medicaid fraud by Chavis Willis. – $12.5 million in federal education grants stolen by 1,834 “ghost students.” All of this happened in Minnesota under Tim Walz. Somali fraudsters were involved in almost every case. Ex-Marine planned attack in New Orleans that would ‘recreate’ Waco, officials say Plans to “carry out an attack” in New Orleans were thwarted after an ex-Marine was arrested while on the way to the Louisiana city with guns and body armor in the car, according to court documents obtained Tuesday by The Associated Press. Micah James Legnon, 28, was charged with threats in interstate commerce. Federal authorities said they had been surveilling Legnon due to ties to an extremist anti-capitalist and anti-government group. Four members of the group were arrested Friday in the Mojave Desert, east of Los Angeles, as they were rehearsing a foiled plot to set off bombs in Southern California on New Year's Eve, authorities said.  Legnon believed it was time to “recreate” Waco with an attack in New Orleans, authorities said in court documents. They pointed to a Dec. 4 chat message by Legnon written under the alias “Kateri The Witch” the day after Immigration and Customs Enforcement agents arrived in New Orleans. Legnon's alias had “she/her” written beside it, but jail records referred to Legnon as male. Source: nbcnews.com https://twitter.com/PeteHegseth/status/2001118961073639492?s=20 President Trump's Plan  https://twitter.com/amuse/status/2001336422150869037?s=20 https://twitter.com/RAZ0RFIST/status/2001111187245736061?s=20 https://twitter.com/KariLakeWarRoom/status/2001117437274509736?s=20 RINO Congressman Who Voted to Impeach President Donald Trump Will Not Seek Re-election  In 2021, RINO Rep. Dan Newhouse (R-WA) was one of the 10 House Republicans who voted to impeach President Donald Trump. Newhouse announced that he will not seek re-election in 2026, leaving Rep. David Valadao (R-CA) as the only one of the group remaining in Congress. https://twitter.com/RepNewhouse/status/2001291310146158666?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2001291310146158666%7Ctwgr%5Ee6d32e37b15338ded9a698a990480010a5616470%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F12%2Frino-congressman-who-voted-impeach-president-donald-trump%2F The fates of the ten Republicans who voted to impeach: 1. Liz Cheney (WY) — Defeated in 2022 primary 2. John Katko (NY) — Retired in 2022 3. Adam Kinzinger (IL) — Retired in 2022 4. Fred Upton (MI) — Retired in 2022 5. Jaime Herrera Beutler (WA) — Defeated in 2022 primary 6. Peter Meijer (MI) — Defeated in 2022 primary 7. Anthony Gonzalez (OH) — Retired in 2022 8. Tom Rice (SC) — Defeated in 2022 primary 9. Dan Newhouse (WA) — Will not seek reelection 10. David Valadao (CA) — Reelected in 2024, currently serving in the 119th Congress Source: thegatewaypundit.com https://twitter.com/FBIDirectorKash/status/2000999942303998185?s=20 https://twitter.com/HansMahncke/status/2001046169279955130?s=20   January 2017 briefing of Trump followed the same playbook, as did Strzok's conversation with General Flynn. The FBI's so-called briefings of Senators Grassley and Johnson also fit the same mold. Each time, they present it as a routine check-in or just a quick conversation. And each time, the real purpose is to box you in, lay traps and put you in prison. https://twitter.com/Cernovich/status/2001087239938564475?s=20  https://twitter.com/BehizyTweets/status/2000996943741501841?s=20 There is no specific time limit mandated by law or congressional rules for the Senate to vote on a bill passed by the House, including one that codifies executive orders (such as the FY2026 NDAA, which reportedly incorporates 15 of President Trump’s executive orders). The Senate can schedule consideration and a vote at any point during the remainder of the current Congress (the 119th Congress ends on January 3, 2027). If the Senate does not act before then, the bill dies and would need to be reintroduced in the next Congress.In practice, for time-sensitive legislation like the NDAA, the Senate typically votes shortly after the House (often within days or weeks) due to bipartisan urgency around defense authorizations, but this is not a requirement. https://twitter.com/PressSec/status/2001031213516304877?s=20 https://twitter.com/AGPamBondi/status/2000991371952357796?s=20   achievements will fail. We are family. We are united. https://twitter.com/EagleEdMartin/status/2001011049106161975?s=20 President Trump Issues Response to Vanity Fair Hit Piece Which Claims Susie Wiles Made a Pointed Remark About Him During an interview with the New York Post, Trump did not take the alleged remark Wiles made about him as an insult. In fact, he admitted to having a “very possessive” personality. “No, she meant that I'm — you see, I don't drink alcohol. So everybody knows that — but I've often said that if I did, I'd have a very good chance of being an alcoholic. I have said that many times about myself, I do. It's a very possessive personality,” Trump told the Post. “I've said that many times about myself. I'm fortunate I'm not a drinker. If I did, I could very well, because I've said that — what's the word? Not possessive — possessive and addictive type personality. Oh, I've said it many times, many times before,” he added. Trump went on to tell the Post that he agrees the Vanity Fair article was a total hit job and Wiles's remarks were taken out of context.  . Source: thegatewaypundit.com  Based on recent reports, the entire Trump administration appears to be standing by White House Chief of Staff Susie Wiles following the Vanity Fair article, with no notable dissent.   Specific individuals who have expressed support include: Name Position Donald Trump President JD Vance Vice President Doug Burgum Secretary of the Interior Scott Bessent Secretary of the Treasury Chris Wright Secretary of Energy Lori Chavez-DeRemer Secretary of Labor Linda McMahon Secretary of Education Scott Turner Secretary of Housing and Urban Development Brooke Rollins Secretary of Agriculture Sean Duffy Secretary of Transportation Kelly Loeffler SBA Administrator Lee Zeldin EPA Administrator Russ Vought OMB Director Pam Bondi Attorney General Kash Patel FBI Director Karoline Leavitt White House Press Secretary The [DS] has been trying to divide Trump adminitration from the beginning, they want people questioning everything, they are trying to have people doubt the administration.  how do you show the people that you are not divided.   Trump and team just changed the narrative, they took control, Susie and team most likely set this up, this way the team can tell the world they are united not divided. Information warfare. We are now moving into the next phase of the plan and the DS is panicking, the attacks against MAGA, his administration will continue, physical attacks will continue. The [DS] is fighting for their lives while Trump is dismantling their system and producing evidence on the  treasonous crimes they have committed. I think is letting us know we are moving into the storm, look how he stared this truth post.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");

Rogue NuGet package steals data Venezuela's PDVSA suffers attack Patched Fortinet flaws exploited Huge thanks to our sponsor, Adaptive Security This episode is brought to you by Adaptive Security, the first cybersecurity company backed by OpenAI. Picture a "new hire" who interviews well… except they're synthetic: AI video, AI voice, AI backstory. Once they're in, they go after payroll, internal docs, and access. That's the new reality: the attack surface is trust itself. Adaptive fights back with realistic deepfake simulations and training that actually sticks. Learn more at adaptivesecurity.com.  

If you like what you hear, please subscribe, leave us a review and tell a friend!

Federico aborda con Vanessa Vallecillo las claves de los asuntos de corrupción que afectan al PSOE.

** VIDEO EN NUESTRO CANAL DE YOUTUBE **** https://youtube.com/live/HFHu7WY_OuI +++++ Hazte con nuestras camisetas en https://www.bhmshop.app +++++ #actualidad #geopolítica #economía #Venezuela Venezuela es el mayor reservorio de petróleo del planeta. Y, sin embargo, es uno de los países más pobres y desestructurados del hemisferio. Hoy, con José Manuel Cueto @GeoPIB GEO desvelamos el gran botín oculto que sostiene al régimen de Maduro: el petróleo, el oro, los minerales estratégicos y las redes internacionales que lo protegen. EL LIBRO "UN MUNDO CONVULSO" https://amzn.to/4azCMLW En este programa analizamos: Petróleo como columna vertebral del poder chavista – PDVSA, declive técnico y alianzas opacas. – El crudo como moneda de cambio con China, Rusia, Irán y Turquía. Pobreza como herramienta política – Subsidios, control social y la emigración masiva como válvula de escape. El botín oculto del Estado – Oro del Arco Minero. – Tráfico, contrabando, estructuras paralelas. – La economía sumergida que financia al régimen. El Caribe como tablero geopolítico – Competencia de potencias externas. – El papel de EEUU y el declive de su influencia. Una conversación directa, sólida y sin rodeos sobre por qué Venezuela no cae y cómo su riqueza se ha convertido en la mayor condena del país. SUSCRÍBETE A @BELLUMARTISHISTORIAMILITAR Y @BELLUMARTISACTUALIDADMILITAR y apoya a Bellumartis Historia Militar: Patreon: https://www.patreon.com/bellumartis PayPal: https://www.paypal.me/bellumartis Bizum: 656 778 825 Síguenos: Instagram: https://www.instagram.com/bellumartis_historia_militar Twitter / X: https://twitter.com/BellumartisHM COMPRA EN AMAZON CON EL ENLACE DE BHM Y AYÚDANOS: https://amzn.to/3ZXUGQl Hazte con los libros de Paco firmados y dedicados: https://franciscogarciacampa.com/

Nicolás Maduro considera que la narrativa que lo acusa de narcoterrorista y la recompensa de $50 millones de dólares de EE.UU. son una excusa para forzar un cambio de régimen, privatizar PDVSA y apoderarse de las reservas petroleras de Venezuela. Si ocurriera un cambio de régimen, el chavismo mantendría el control de la Asamblea Nacional (256 de 285 diputados), 23 de 24 gobernaciones y 285 de 335 alcaldías. Ante amenazas externas, Maduro anunció que la revolución pasaría a la resistencia armada, confirmado por Diosdado Cabello. Quienes creen que una "operación quirúrgica" externa es suficiente para derrocarlo cometen un error al subestimar el control territorial, militar, económico, político y social del chavismo. Forzar un cambio de régimen violento no garantiza la solución del conflicto ni la gobernabilidad, como se vio en Irak, Libia, Siria y Afganistán. La administración Trump usó la lucha contra el narcotráfico para justificar un ataque militar externo, a pesar de que organismos internacionales documentan que por Venezuela pasa apenas el 5% del tráfico de drogas hacia EE. UU.. La solución no se logrará con persecución ni ataques externos, sino mediante una solución inclusiva, pacífica y democrática. Para evitar una ola de violencia, se necesita un acuerdo político con garantías de protección y no persecución para quienes disputan el poder. La recompensa por su captura y la amenaza de ser apresado hacen que quienes gobiernan se aferren al poder y no haya margen para negociar.

Luis Pacheco llegó a ser director de planificación de PDVSA y es un experto en la industria del petróleo. SOMOS INTERNET 3 MESES 50% OFF https://www.somosinternet.co/atemporalThe Prize - Daniel Yergin (https://amzn.to/3H5hk5b)El pasajero de Truman - Francisco Suniaga (https://amzn.to/3H358lp)Doña Bárbara - Romulo Gallegos (https://amzn.to/46snAhU)Fundacion - Isaac Asimov (https://amzn.to/4o7Qg63)The ascent of man - Jacob Bronowski (https://amzn.to/472YoP7)Capítulos:00:00 intro 01:11 La generación Ayacucho09:43 Juré no ser parte de la industria petrolera15:54 Ser jefe de planificación de PDVSA24:36 ¿Cómo ser un buen planificador?41:11 La historia política de Venezuela57:24 Destinar los recursos01:09:41 La cosecha del petróleo01:28:28 La apertura petrolera 01:48:33 Chávez no fue un accidente histórico 01:55:26 La toma de PDVSA 02:04:02 El golpe de estado y el año 2002 02:10:40 ¿Qué sucedió con PDVSA?

La empresa de Cerdán contrató a un alto cargo de PDVSA justo antes del 'Delcygate'; El primer jefe de la SEPI con Montero trabajó en la constructora de Cerdán entre 2021 y 2023; Sánchez se niega a subir al 5% el gasto en Defensa: «Es incompatible con el bienestar»; y la pareja de Ayuso pide cuatro años de prisión para el fiscal general por revelación de secretos.Todo esto se lo contamos en una nueva edición de Sumario de tarde, el podcast diario de THE OBJECTIVE. Dirige el espacio, Luis Rafael.

Railin Elizabeth Yépez da su versión sobre las acusaciones del fiscal Tarek William Saab.

Railin Elizabeth Yépez da su versión sobre las acusaciones del fiscal Tarek William Saab.

Con Ainhoa Martínez, Antonio Caño, Javier Caraballo, Marta García Aller y Rubén Amón comentamos la actualidad política. Comenzamos hablando de los datos filtrados por el Confidencial sobre Koldo García, acusándolo de violencia de género contra su mujer. Seguimos opinando sobre la revocación hecha por el Tribunal Superior de Justicia de Cataluña, por unanimidad, a la condena a Dani Alves por agresión sexual. Continuamos con Donald Trump, que ha notificado a las compañías asociadas con la petrolera estatal venezolana PDVSA que sus permisos para exportar crudo y sus derivados de ese país quedan revocados. Después, hablamos sobre el paso de Feijoo por el Partido Popular al cumplir 3 años como portavoz del partido. Siguiendo con cargos políticos, Aitor Esteban ha sido proclamado nuevo presidente del PNV. Finalizamos hablando de que hoy termina el plazo para que las comunidades autónomas informen al Gobierno y den detalle de cuántos menores extranjeros tienen bajo su tutela.

Venezuela asegura que está lista para mantener las operaciones con las petroleras extranjeras a pesar de la decisión de Donald Trump de revocar los permisos a los socios de la estatal Pdvsa. Hoy se reúne en Madrid el llamado grupo G5+ que busca impulsar la defensa de Europa y el apoyo a Ucrania. El Ministerio de Trabajo se reúne esta mañana con los sindicatos y la patronal para iniciar las negociaciones que permitan reformar la normativa SMI.

Venezuela asegura que está lista para mantener las operaciones con las petroleras extranjeras a pesar de la decisión de Donald Trump de revocar los permisos a los socios de la estatal Pdvsa. Hoy se reúne en Madrid el llamado grupo G5+ que busca impulsar la defensa de Europa y el apoyo a Ucrania. El Ministerio de Trabajo se reúne esta mañana con los sindicatos y la patronal para iniciar las negociaciones que permitan reformar la normativa SMI.

Venezuela asegura que está lista para mantener las operaciones con las petroleras extranjeras a pesar de la decisión de Donald Trump de revocar los permisos a los socios de la estatal Pdvsa. Hoy se reúne en Madrid el llamado grupo G5+ que busca impulsar la defensa de Europa y el apoyo a Ucrania. El Ministerio de Trabajo se reúne esta mañana con los sindicatos y la patronal para iniciar las negociaciones que permitan reformar la normativa SMI.

Hablamos en Washington D.C. con la periodista Dori Toribio; en Madrid con Humberto Berti, ex presidente de PDVSA; en Houston con Francisco Monaldi de la Universidad de Rice, y en Ciudad de México con Jesús Carrillo del IMCO.

Dieter Brandau analiza la información de LD sobre la última hora de la trama Hidrocarburos.

Tras la llegada de Donald Trump a la presidencia de Estados Unidos, Asdrúbal Oliveros, economista y socio-director de Ecoanalítica, aseguró que si se eliminan las licencias petroleras, habrá una disminución de 4 mil millones de dólares en flujo de ingresos, repercutiendo en la capacidad de vender divisas, acelerando los niveles de inflación y la devaluación. Indicó que, por el modo de actuar de Trump en otras áreas, no se quedará sin hacer nada con Venezuela, explicando tres escenario posibles sobre las licencias petroleras en Venezuela. «El primer escenario es la eliminación de licencias, los efectos más rudos de esta política se sentirán a final de año» añadió. Oliveros recordó que los niveles de producción de Chevron, Repsol, Maurel and Prom, superan ligeramente los 300 mil barriles diarios, insistiendo en que. tras una medida como esto, eso no caerá a cero, ya que parte de esa producción la asumirá PDVSA, Destacó que la producción petrolera en Venezuela terminó el año pasado en 950 mil y en este escenario se perderían unos 250 mil barriles. Sin embargo, advirtió que el efecto más duro viene en cómo se vende el crudo con sanciones fuertes y los grandes descuentos. «El segundo escenario es que las licencias sean revisadas, hay restricciones, pero no eliminados del todo, habrán impactos, pero no serán tan drásticos como el primer escenario» acotó. El economista insistió en que, en un tercer escenario, se ve que en primera instancia se eliminen las licencias buscando algún acuerdo migratorio, y en el último escenario, y el menos probable, no pasará nada.

Dieter analiza la información de LD acerca del contenido del sobre de Aldama. Guarda cupos de PDVSA para financiar la Internacional de Pedro Sánchez

Según ex funcionarios de PDVSA, las predicciones son muy negativas tanto para Venezuela pero sobre todo para Cuba de llegar a paralizarse la compra de petróleo al régimen venezolano como lo anunció el Presidente Donald Trump.

Hablamos en Madrid con Pedro Mario Burelli, ex directivo de PDVSA; en California con el educador musical Andrés Ospina, y en Ciudad de México con Ana Gutiérrez, coordinadora de Comercio Exterior y Mercado Laboral del IMCO

In this episode, I welcome my dear aunt, Cristina Carbonell, to discuss what is occurring in Venezuela. Often omitted from major news outlets, the crisis in Venezuela is ever-present and ever-growing and there's no end in sight. Awareness from the international community is KEY to change related to the situation in Venezuela.   I hope you'll enjoy this long conversation and this knowledge on how Venezuela got to where it is today.   Below is a comprehensive list of resources & links on topics that were mentioned during this conversation: Ana Milagros Parra: https://x.com/amilagrosparra/status/1818055235681792279   Political prisoners: https://foropenal.com/presos-politicos/  Follow on IG @foropenal @OlnarOrtizBare   Fake Christmas: https://www.theguardian.com/world/article/2024/sep/03/venezuela-Nicolas-maduro-christmas   Increasing political violence and gross Human Rights violations: https://www.ohchr.org/en/press-releases/2024/10/un-international-mission-reveals Gross-human-rights-violations-venezuela   Evelyne Laurent Perrault Ph.D., Assistant Professor at New York University (NYU): https://www.history.ucsb.edu/faculty/evelyne-laurent-perrault/   Dalencourt, F., & Mamami, P. (2013). Bolívar y Haití: Alexandre Pétion frente a lahumanidad. Guaraguao, 18(44), 99–122: http://www.jstor.org/stable/43487961   Orinoco Mining Arc – Information https://sosorinoco.org/en/   Plan de Gobierno de María Corina Machado – Privatización de PDVSA: https://conmariacorina.com/es/programa-de-gobierno (see page 11)   Observatorio de Ecología Política de Venezuela: https://ecopoliticavenezuela.org/   Interviews with Emiliano Terán Mantovani https://canalguardabosques.com/2018/10/18/emiliano-teran-mantovani-el-arco-minero-es-hoy-una-politica-de-ajuste/ (in Spanish) https://www.epohi.gr/article/49939/emiliano-teran-mantovani-h-kyvernhsh-ton-hpa-protima-na-ehei-sth-venezoyela-mia-kyvernhsh-poly-pio-d (in Greek)   Carbon Majors Study 2017: https://cdn.cdp.net/cdp-production/cms/reports/documents/000/002/327/original/Carbon-Majors-Report-2017.pdf?1501833772 ;    News article about PDVSA's role in carbon emissions: https://www.theguardian.com/environment/2019/oct/09/revealed-20-firms-third-Carbon-emissions   Carbonell Betancourt, Cristina Margarita; Scarpellini, Marcela (2021). Venezuela, Oil and Climate Change: Overcoming Nostalgia. In: Leal Filho, W., Luetz, J., Ayal, D. (eds) Handbook of Climate Change Management. Springer, Cham.: https://doi.org/10.1007/978-3-030-22759-3_242-1  

Libertad Digital ha tenido acceso a un intercambio de mensajes intervenido por la UCO entre Aldama y la empresaria venezolana Katherina Cortés.

El Ministerio Público confirmó la detención de Pedro Tellechea, exministro de Petróleo por entregar información confidencial sobre el cerebro de PDVSA a una empresa que supuestamente está vinculada a la inteligencia de Estados Unidos, según expresó el Fiscal General en un comunicado. Harley Monseguileman, reportero de Unión Radio, indicó que se habla de 6 personas más de su entorno que estarían involucradas no solo en la entrega de información confidencial, sino por otros delitos de menor nivel . Destacó que con Pedro Tellechea, ya serían 5 los exministros de petróleo que estarían involucrados en hechos de corrupción. También te puede interesar: Fiscalía confirma detención de exministro Tellechea por entregar información a empresa de EEUU   El reportero informó que desde marzo de 2023, al menos 66 personas habrían sido detenidas por hechos de corrupción vinculados a PDVSA. Recordó que Tellechea ha estado muy vinculado con el exministro Tareck El Aissami. El Fiscal General aseguró que en las próximas horas habría una rueda de prensa para aclarar detalles sobre esta detención.

Noticiero de Martí Noticias presenta un resumen de las noticias más importantes de Cuba y el mundo. Titulares: | Al menos seis muertos deja el huracán Oscar a su paso por el oriente de Cuba | Comunidades de Guantánamo permanecen aisladas | Asegura Estados Unidos que la situacion de Cuba se debe a una mala gestión de la política económica y los recursos del país | Las autoridades venezolanas arrestan a otro ex funcionario de alto rango de la industria petrolera | La diplomacia estadounidense regresa a Israel para impulsar diálogos de paz, entre otras noticias.

An Execution Sale is Not a Receivership. (Right?) Creditors of Venezuela and PDVSA, its state oil company, have forced an execution sale of PDVSA's only US asset – which happens to be the ultimate parent company of CITGO. The federal judge overseeing the process has tried to keep things orderly, but the inter-creditor fighting is getting juicy. Some lower priority creditors have filed new lawsuits in an apparent attempt to jump the queue. Now the special master overseeing the execution sale process wants the court to enjoin these lawsuits. Which strikes as us a reach – almost as if the execution sale process is some kind of receivership. So we asked Nate Oman, who has written about the potential use of receiverships to solve sovereign debt problems, to help us figure out what is going on. Producer: Leanna Doty

Andrés Rojas Jiménez, periodista y editor de Petroguía, aseguró que tener a Chevron en Venezuela, es tener a EE.UU. en el país, indicando que esta licencia de Chevron, que se otorgó hace 22 meses, ha generado un incremento de la producción en 33%, que representa más de 200 mil barriles. Explicó que desde que se viene haciendo el otorgamiento de las licencias, como la de Chevron en noviembre de 2022, se ha visto cómo mes a mes la producción, exportaciones e intervenciones en el BCV se han intensificado. «Más allá de la deuda, hay un tema de relevancia de negocio por lo que para Chevron es fundamental seguir acá en Venezuela» añadió. Rojas insistió en que la producción de PDVSA sin ninguna de las empresas extranjeras como Chevron, Maurel & Prom, Repsol, se estancaría. Destacó que la empresa española Repsol es el segundo actor más importante en el mercado energético venezolano con el proyecto de gas más importante del país. «Aunque hemos visto las declaraciones de Jorge Rodríguez sobre las relaciones con España, vemos también a Delcy Rodríguez reunida con el director de la unidad de negocios de Repsol en Caracas» acotó. Referente a la política estadounidense y su papel en el petróleo venezolano, resaltó que hay quienes dicen que Kamala Harris seguiría la línea de Biden y que Trump difícilmente volverá a la política de máxima presión. También informó que hay un incremento en las empresas americanas que están interesadas en el crudo venezolano a pesar de los esfuerzos de EE.UU. de minimizar el rol de este. «El reciente apagón tuvo efectos sobre el sector eléctrico, así que la apertura al sector privado podría tocar al sector eléctrico» dijo. Advirtió que la primera razón por la que Venezuela no es atractiva para los inversores es porque la mayoría de las empresas que quieren hacer negocios en el país, tienen negocios con EE.UU. y necesitarían una licencia.

¿Te has preguntado qué tan polémica es la práctica de extracción petrolera que tanto se debate? En el episodio de hoy, Juan Fernández, exgerente de PDVSA, aclara las dudas sobre los métodos extractivos y su impacto, tomando como referencia lo que se discutió en el último debate presidencial. No te pierdas su análisis sobre la controversia y el futuro de la industria petrolera.¿Cómo el Futbol Americano genra lesiones cerebrales con el tiempo? Entérate de las últimas noticias con el mejor análisis de nuestros especialistas invitados. Ponte los audífonos y escucha el podcast del Buenos Días América en Uforia App, Apple Podcast, Youtube, Spotify o donde sea que escuches podcasts.

This Day in Legal History: Nineteenth Amendment AdoptedOn August 26, 1920, the Nineteenth Amendment to the U.S. Constitution was officially adopted, marking a pivotal moment in American history by granting women the right to vote. The Amendment, which states that the right to vote "shall not be denied or abridged by the United States or by any State on account of sex," was the culmination of decades of activism and struggle by women's suffrage advocates. Pioneers like Susan B. Anthony, Elizabeth Cady Stanton, and many others fought tirelessly for this fundamental right, organizing rallies, petitions, and civil disobedience.The Amendment's adoption followed a lengthy ratification process, where Tennessee became the crucial 36th state to ratify the amendment, securing the necessary three-fourths majority. This victory did not come easily; it was the result of a concerted effort by suffragists who faced significant opposition. The Nineteenth Amendment not only expanded the electorate but also symbolized a broader movement toward gender equality in the United States. Its passage empowered women to engage fully in the democratic process and laid the groundwork for future advances in civil rights. The legacy of the Nineteenth Amendment continues to influence social and political movements to this day.Big Law firms are rallying behind Vice President Kamala Harris by hosting high-dollar fundraising events. Sullivan & Cromwell's Rodge Cohen is organizing a New York lunch featuring Doug Emhoff, with ticket prices reaching up to $100,000. In Washington, Jenner & Block's Josh Hsu is co-hosting an evening reception where tickets are nearly $7,000. Since Harris became the Democratic frontrunner, high-profile attorneys have been mobilizing to support her campaign, with several already raising substantial sums. Notably, Mayer Brown partner Phil Recht, a Harris supporter, notes strong momentum in campaign contributions. The host committees for these events include prominent figures from Big Law and the tech industry, such as Skadden's Nina Rose and OpenAI's Johanna Shelton. The fundraising effort has seen significant engagement, with many top lawyers eager to contribute. For example, Dawn Smalls of Jenner & Block raised $100,000 in just a week, and partners at firms like Gibson Dunn and WilmerHale are actively supporting Harris through events and donations.Big Law Throwing Kamala Fundraisers with a Six-Figure Ticket TierThe U.S. Federal Trade Commission (FTC) is set to challenge Kroger's $25 billion merger with rival Albertsons in federal court, arguing that the deal would harm consumers and workers by reducing competition. The FTC's case, part of the Biden administration's broader effort to address rising consumer prices, will focus on how the merger could lead to higher grocery prices and diminish the bargaining power of unionized workers, particularly in states like California and Washington where both chains have significant overlap. This trial marks a significant test for FTC Chair Lina Khan, who has prioritized using antitrust laws to protect workers, a shift from the traditional focus on consumer prices.Kroger and Albertsons argue that the merger is necessary to compete with large multinational retailers like Walmart, Costco, and Amazon. They propose selling 579 stores to mitigate competition concerns and promise to lower grocery prices by $1 billion post-merger. However, the FTC, supported by several states, contends that the merger would lead to store closures and weakened union leverage. The trial, expected to last around three weeks, will also examine whether the proposed buyer of the divested stores, C&S Wholesale Grocers, can successfully operate them.This case is significant as it builds on the FTC's recent focus on labor market competition, following other antitrust actions that have challenged the impact of mergers on workers, such as those in the college athletics and publishing industries. The outcome could pave the way for more scrutiny of mergers based on their effects on labor markets.US FTC's bid to block Kroger-Albertsons merger heads to trial | ReutersKroger case tests FTC Chair Khan's bid to protect workers | ReutersThe US Chamber of Commerce, a conservative business organization, is urging Congress to maintain the 21% corporate tax rate and extend key provisions of the 2017 Republican-led tax law. The Chamber argues that these measures will support sustained economic growth, aiming for at least 3% annually. As Congress prepares for a major tax code overhaul next year, the Chamber is actively lobbying to preserve lower international tax rates set to increase in 2025 and to reinstate certain deductions for research and development, interest expenses, and full asset expensing. While Republicans generally support extending parts of the 2017 law, despite concerns about the growing deficit, Democrats advocate for raising the corporate tax rate to 28% and increasing taxes on the wealthy to cover the law's costs. The University of Pennsylvania's Wharton School estimates that extending the law would only offset about 4.4% of its projected $4 trillion cost through economic growth.The US Chamber of Commerce is known for its conservative stance, particularly in advocating for pro-business policies and lower taxes. Historically, the Chamber has supported Republican initiatives and has often opposed regulatory measures that it views as detrimental to business interests.US Chamber to Ask Congress to Preserve 21% Corporate Tax RateCitgo Petroleum, originally founded in 1910 as Cities Service Company, became a significant player in the U.S. refining industry. In 1986, Venezuela's state-owned oil company, PDVSA, purchased a controlling stake in Citgo, integrating it into Venezuela's oil export strategy. Citgo operates as a major U.S. refiner with its headquarters in Houston, Texas.Currently, Citgo is at the center of a complex legal battle in the U.S. stemming from Venezuela's expropriations and debt defaults. A U.S. federal court officer, Robert Pincus, is overseeing an auction of shares in Citgo's parent company, PDV Holding, to satisfy up to $21.3 billion in claims. These claims have resulted from international arbitration awards and issues surrounding foreign sovereign immunity, making the case particularly complex.The auction process, ongoing since 2017, has faced multiple delays due to the complexity of the bids and the unprecedented legal context. The latest extension request, the third this year, would push the deadline to September 16 for Pincus to recommend a winning bid. The leading bidders are CVR Energy, supported by investor Carl Icahn, and an investment group led by Gold Reserve, a mining company. Following the recommendation, there will be a 21-day period for objections before a final sales hearing on November 7.US court officer requests new extension to select winner of Citgo auction | Reuters This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

Un nuevo derrame petrolero afectó el Golfo Triste extendiéndose por un área de 200 kilómetros cuadrados llegando hasta Boca de Aroa en Falcón y entrando en las calles de la ciudad. Yohan Flores, director de la Fundación Azul Ambientalistas, exigió a PDVSA un equipo especializado para poder atender la situación, advirtiendo que hasta los momentos no se tiene un plan para sanear las playas afectadas. Resaltó que por los momentos, se está contratando a pescadores que no tienen los artículos necesarios ni la experiencia para recolectar el petróleo. Flores recordó que esto ha afectado gravemente al turismo y a los pescadores que, además, sufren por la falta de inversión y mantenimiento de la industria petrolera. «El ciudadano común no debe manipular este tipo de sustancias porque puede causar muchas enfermedades» añadió. Por su parte, Joaquín Benítez, director de sustentabilidad ambiental de la UCAB, aseguró que la mancha tras el derrame petrolero es grande y extensa, además, se suma a otros eventos similares en los últimos años. También te puede interesar: Se estima que nuevo derrame petrolero afectó 225 km de las costas venezolanas Destacó que, aunque se quite el petróleo del agua y la arena, hay una fracción que permanece, alterando muchos procesos. «Esto tiene efectos en la salud a largo plazo para quienes habitan el lugar, además de causar grandes daños en los procesos ecológicos. Estamos ante una situación recurrente y grave que no solo se arregla limpiando» acotó. Benítez señaló que hay que conocer la información sobre los hidrocarburos que se derramaron para poder concretar planes de saneamiento a largo plazo, además de establecer medidas de prevención más estrictas. Douglas Durán, corresponsal de Unión Radio en Falcón, indicó que el gremio turístico teme que este derrame petrolero se extienda hacia la zona más turística del estado, Morrocoy. Ruth Lara Castillo, corresponsal de Unión Radio para el estado Carabobo, destacó que más de 38 pescadores se han visto afectados por el derrame de El Palito, ya que no han podido realizar sus actividades.

Hablamos en Chicago con la periodista Dori Toribio; con el ex directivo de PDVSA y analista político Pedro Mario Burelli, y en Buenos Aires con nuestra compañera Paz Rodríguez Niell

Today we were pleased to host Gerald Kepes, President of Competitive Energy Strategies, and Sudan Maccio, Chief Legal Counsel of PetroTal, for a discussion focused on Venezuelan politics, energy and economics. Jerry has over 40 years of experience as a consultant and petroleum geologist and is a regular contributor to Al-Monitor on the geopolitics of energy in the Middle East and North Africa. Sudan started his career at PDVSA and brings over 30 years of extensive legal experience in global energy across legal, commercial, and leadership roles. We were thrilled to bring Jerry and Sudan together to discuss the recent Venezuelan election. In our conversation, Jerry and Sudan provide an overview of the recent election and the country's opposition to President Maduro's claimed victory. We discuss the current situation on the ground with ongoing protests, reactions from neighboring countries, the refugee crisis, how the military has been corrupted to support the ruling party and the potential for shifts in loyalty, and how the crisis is influencing global markets. We explore other geopolitical crises to understand potential strategy and outcomes, the possibilities and implications of foreign intervention, and influence from outside actors including Cuba, China, Russia, Iran and even Hezbollah. We also examine the role of the US in potentially intervening, possible outcomes, long-term implications, and much more. We ended by discussing how we can help the citizens of Venezuela and amplify their humanitarian needs. It was an enlightening discussion, and we are thankful to Jerry and Sudan for sharing their insights with us all. Mike Bradley opened the conversation by highlighting that U.S. markets, so far this week, are mostly in churn-mode and laser focused on Wednesday's FOMC Rate Decision Meeting. Bond traders expect the FED to leave interest rates unchanged but are hopeful Chairman Powell will indicate that the FED could be positioned, as early as September, to cut interest rates. WTI price has moved lower over the last few weeks due to growing fundamental concerns with 2H'24 oil demand (mostly slowing Chinese demand) but has plunged this week to ~$75/bbl mostly due to “technical” factors (Brent & WTI) breaking through 50/100/200 day moving averages which is leading to an unwind of “net” long interest in the crude complex. On the broader market front, he noted a continued rotation of AI/Big Tech names into the Russell 2000 due to a growing bet that the FED will be signaling a looser interest rate policy. The recent equity rotation could quickly unwind if the FED doesn't signal a looser interest rate policy at the upcoming FOMC meeting. He also noted Q2 reporting up to this point has been dominated by Oil Services and natural-gas levered E&Ps but is now broadening out to all energy subsectors. He flagged a few key themes coming from Q2 calls including lower onshore oil service activity levels, a continuation of natural gas curtailments, and U.S. refiners highlighting that weaker refining cracks are resulting in global refining run cuts. Jeff Tillery also joined and added his perspective and inquiries to the discussion. We hope you find the discussion as insightful as we did. Our thoughts and prayers are with the Venezuelan people and we are hopeful for a peaceful and democratic resolution. Our best to you all. Thank you for your support and friendship!

El domingo se celebran las elecciones presidenciales en Venezuela: el actual presidente y candidato Nicolás Maduro, contra el ex diplomático Edmundo González. ¿Es posible una transición democrática ante una eventual victoria de la oposición?, ¿admitiría Maduro una derrota?Para este capítulo hablamos con la ex canciller, María Ángela Holguín; con el ex diputado a la Asamblea, Julio Borges; con el presidente de PDVSA ad-hoc, Horacio Medina; y con el periodista Roberto Deniz.

Cierra la campaña electoral en Venezuela y las encuestas dan como favorito al opositor Edmundo González Urrutia frente a Nicolás Maduro. Una de las grandes preocupaciones de los electores es el futuro de la economía del país después de años de dificultades que han aumentado la migración a países como Estados Unidos. De 2014 a 2022, el PIB de Venezuela perdió más de un 70 % de su valor, dejando de estar al nivel de países como Colombia o Argentina.La crisis empezó con la pérdida del valor del petróleo y que llevó a años de recesión y superinflación, acrecentada por la emigración masiva de ciudadanos y por las sanciones que impuso Estados Unidos en 2019. Pero este año los expertos prevén un aumento del 4 % del PIB. ¿Esto está vinculado a las encuestas?“ Nicolás Maduro no está presentando un plan económico quizás por razones ideológicas, pero también por razones prácticas”, explica a RFI Víctor Mijares, profesor de relaciones internacionales de la Universidad de los Andes.“La liberalización de la economía, la posibilidad de inversiones extranjeras o incluso la privatización de la industria petrolera y de PDVSA son elementos que el chavismo nunca ha querido asumir”, detalla Mijares."Garantías jurídicas"La victoria del candidato opositor Edmundo González Urrutia plantea un panorama completamente distinto. “Un retorno a condiciones democráticas que permitan tener garantías jurídicas por ejemplo”, dice Mijares.“Una garantía jurídica que le permita a los inversionistas no solamente extranjeros sino nacionales también emprender en Venezuela porque en este momento hay muchísima reticencia por parte de la población y por parte incluso de los emigrados venezolanos de invertir en el país”, destaca.El experto insiste en que la liberalización de la economía y el fin de las sanciones son la clave para la recuperación de Venezuela pero también recuerda que abrir por completo la economía de Venezuela requiere cambios jurídicos de choque. Algo que Edmundo González propone, pero a largo plazo.

Reportes de prensa sostienen que la petrolera estatal venezolana, PDVSA, ha comenzado a utilizar tanqueros que navegan fuera del radar para abastecer a su aliado político más cercano, Cuba.

Con respecto a la situación de Citgo, Asdrúbal Oliveros, economista y socio-director de Ecoanalítica, advirtió que Venezuela tiene una deuda equivalente a 150 puntos del PIB, alertando que esto está muy por encima de lo que se produce. Recordó que Venezuela dejó de pagar su deuda, aumentándola a 150 mil millones de dólares y haciendo que los acreedores busquen tener su pago. «Citgo seguirá siendo una filial de PDVSA hasta después de que empiece el nuevo periodo el 10 de enero de 2025, este es un proceso largo» añadió. Oliveros señaló que es un activo estratégico de un mercado energético que puede ser importante para Venezuela. También te puede interesar: Venezuela cobró deuda de 500 millones a Haití en el marco de Petrocaribe Destacó que el 15 de julio no se va a subastar Citgo, solo habrá una audiencia para conocer una fase de oferta. «El riesgo de perder Citgo es alto» acotó.

Mario Buffone, profesor universitario, historiador e investigador, aseguró que el gobierno venezolano que más obras ha construido ha sido el de Carlos Pérez Jiménez (CAP) durante su primer mandato. Resaltó que hubo una gran cantidad de obras que empezó este gobierno y se terminaron en otros. «El primer gobierno de CAP inauguró los hospitales de La Victoria, Calabozo, Guanare, Santa Bárbara del Zulia, San Fernando de Apure, los aeropuertos de Porlamar, la activación del aeropuerto internacional de Maiquetía» añadió. Además, indicó que durante este mandato arrancaron 34 embalses, las obras del Metro en firme, Fundayacucho, PDVSA, la Universidad Rómulo Gallegos, la Ezequiel Zamora y la Francisco de Miranda. Buffone explicó que muchos arquitectos y equipos empezaron con otros gobiernos, pero la continuidad de las obras prevalecía. «El Sistema Nacional de Orquestas también fue de este gobierno» acotó. Destacó que Acción Democrática fue el primer factor de desarrollo del país, seguido de Copei. El historiador recordó que la nacionalización del petróleo y del hierro también fueron con CAP. «En este gobierno hubo recursos y se invirtieron en este tipo de obras que todavía se mantienen como el sistema eléctrico y de suministro de agua» dijo. Señaló que el éxito del desarrollo del país está en la continuidad y el recurso humano que se emplee para ello. El profesor recalcó que los gobiernos civiles han construido mucho más que los militares, asegurando que tres cuartas partes de las carreteras del país surgieron durante los 40 años de democracia.

 Andrés Rojas Jiménez, periodista y editor de Petroguía, aseguró que «no sería extraño» que el 31 de mayo se extendiera la Licencia 44 para temas energéticos en Venezuela, una vez más, y el país fuera a la 44B. Tras una entrevista de Petroguía a Francisco Palmieri, jefe de la Misión de los Estados Unidos para Venezuela, indicó que su declaración hace ver que Estados Unidos no quiere cesar actividades con Venezuela. Explicó que este puntualiza dos aspectos, por un lado la exigencia de EE.UU. para flexibilizar sanciones y el reconocimiento de que hay una serie de empresas, que dado esa ventana que dio el gobierno estadounidense en vista de que no se sabe qué pasará con esa licencia, se puedan pedir permisos particulares. Rojas destacó que en esas condiciones de EE.UU. está que se cumpla el Acuerdo de Barbados, que se hagan elecciones competitivas, libres y justas, sin embargo, insistió que, al mismo tiempo, hay un componente importante que es que Estados Unidos quiere reducir la presencia de China y Rusia en Venezuela. Recordó que el país tiene hasta el 31 de mayo para ver qué decisión toma el gobierno de Estados Unidos con respecto a la Licencia General 44 que se extendió en abril a la 44A. «Venezuela es cada vez más importante en el campo energético en la región. En el discurso oficial se minimiza el efecto de la licencia 44, pero en estos meses que se tuvo, PDVSA fue muy activa comercializando» añadió. También advirtió que en PDVSA se dieron cuenta que la gran ventaja de comercialización está en EE.UU. El periodista resaltó que una de las ventajas que tuvo la Licencia 44, es que PDVSA pudo retomar contratos directos con China, recalcando que eso no ocurría antes de octubre, llevando a la corrupción por los intermediarios. «Con la Licencia 8N se le limita a las empresas hacer acuerdos con PDVSA. Eso ha llevado a un escenario con y otro sin flexibilización de sanciones» acotó. Señaló que hay una tendencia positiva en producción y comercialización de energía en Venezuela, pero esto tiene un techo, mientras se siga con la licencia de Chevron y la Licencia 44 no se otorgue, esto tiene un efecto limitado.

 Pedro Palma, economista, master y PH.D. en economía y  socio director de Ecoanalítica, recorrió la historia económica de Venezuela señalando los hitos que la marcaron. Recordó que antes de la nacionalización del petróleo, la realidad de Venezuela es que solía vivir de lo que hacía de la renta petrolera, un país rentista que le dio estabilidad y solidez por muchos años hasta la primera crisis energética en los años 70 que disparó la crisis del petróleo e hizo al país artificialmente rico, iniciando el gobierno de Carlos Andrés Pérez. El economista explicó que a los dos años de este gobierno se nacionalizó la industria petrolera que estaba en manos de compañías extranjeras, una decisión, que a los ojos de Palma, fue acertada. Destacó que para 1979 se dispararon nuevamente los precios del petróleo con el derrocamiento del sha de Irán y no ocurrió la devaluación inmediata, esta se postergó hasta 1983 con el Viernes Negro cuando Venezuela entró en una fase inflacionaria. «Al final del gobierno de Lusinchi, ya la economía estaba en una fase crítica y por eso se eligió a Carlos Andrés, el padre de la bonanza en el 75, pero era inevitable el Caracazo por el aumento del precio de la gasolina. A raíz de este se deterioró la situación y vino el intento de golpe de Chávez» añadió. Palma indicó que en 1996 se desmanteló el control de cambio con el presidente Caldera, pero siguió el desasosiego y para el 98 los venezolanos buscaban un cambio radical Resaltó que con esto empezó el caos masivo del aparato productivo privado que hizo que muchas de estas empresas pasaran a ser nacionalizadas y empezaron a producir solo una fracción de lo que hacían en manos privadas. «Empezamos a depender de la exportación y para eso necesitábamos las divisas que traía el petróleo que también fue destruido por dicho gobierno al someter a PDVSA a un verdadero saqueo tras los despidos masivos luego del paro del 2002, el pago de la deuda con China y el financiamiento de las misiones de Chávez» acotó. El doctor en economía señaló que para 2014 empezó a caer la producción de petróleo de manera masiva, generando una restricción en las posibilidades de importación y empezando a producir la época de gran escasez. Insistió en que era un país sin sanciones, pero afectado con pésimas políticas públicas que se venían dando desde hace 15 años, haciendo así que el gobierno se quedara sin ingresos de su principal fuente que era la petrolera y acudiendo a la creación masiva de dinero con el financiamiento irrestricto por parte del Banco Central de Venezuela (BCV). También aseguró que para 2017, cuando vienen las primeras sanciones que impiden que se puedan transar bonos de PDVSA o del país en EE.UU., se le cierran al país las puertas de financiamiento internacional, además de venir las sanciones al BCV «Venezuela al no generar ingresos internamente por la destrucción del aparato productivo petrolero, echó mano al financiamiento de última instancia, el BCV, haciendo que este creara dinero a mansalva, haciendo que en 2018 se entrara en un proceso hiperinflacionario de más intensidad en Latinoamérica, una hiperinflación de 136 mil %» dijo. Para 2019 vinieron las sanciones petroleras. «Espero que hayamos aprendido a no crear dinero con financiamiento irrestricto del BCV y tener las prioridades claras: reducir la inflación, disciplina monetaria y fiscal» advirtió.

 Tras las declaraciones del Departamento del Tesoro de EE.UU., sobre las sanciones a Venezuela, Andrés Rojas Jiménez, periodista y editor de Petroguía, aseguró en este caso es una renovación de esas sanciones, dejando la flexibilización consagrada en octubre, pero con añadidos; se le dará un margen a las empresas que tienen algún contrato con PDVSA para liquidarlo antes del 31 de mayo. Explicó que estas liquidaciones se vienen haciendo desde 2019 con Chevron y esta se va extendiendo cada vez más, insistiendo en que se pueden agravar o flexibilizar dependiendo de los criterios que se evalúen. Referente al comunicado de EE.UU., indicó que esos comunicados empiezan diciendo lo que se excluye o se prohíbe, generando, en algunos casos, confusión. Rojas recordó que las sanciones seguían existiendo, solo que en octubre se flexibilizaron algunas. «Con la flexibilización de octubre, PDVSA pudo conseguir clientes, vender crudo e incluso exportar productos refinados y combustible. PDVSA tuvo, en este tiempo, contratos directos con India y China y ese margen de descuento se redujo significativamente y eso podría volver» añadió.   Alertó que el sobrecumplimiento de las empresas por las sanciones sigue porque las sanciones nunca se levantaron por completo. El periodista destacó que en la parte de preguntas y respuestas de esta licencia se deja abierta la posibilidad que aquellas empresas extranjeras que se vieron beneficiadas como Eni, Repsol y Reliance, pidan una licencia particular. «No renovar la licencia el 31 de mayo, no afecta el proyecto de exportación de gas a Trinidad y Tobago» acotó. También señaló que si hay una señal de la Plataforma Unitaria, podría cambiarse la percepción y quizás no se vería una flexibilización completa, pero sí se dé una nueva fecha.

The Last Sovereign Bond in New York Due to litigation over the PDVSA 2020 bond, all future issues of sovereign bonds in New York have been canceled, effective immediately. (PDVSA is quasi-sovereign, but whatever...) You may have heard that New York's highest court has ruled that investors cannot enforce sovereign bonds, period. Well, maybe that's not quite what it held – okay, not even remotely – but it is how some in the market are reacting. In fact, the New York Court of Appeals did nothing unusual. It held that Venezuelan law decides whether the collateral pledge backing the PDVSA 2020 bonds is valid but that, even if invalid, New York law will decide whether and how this affects investors. Some are complaining that this ignores the contractual choice of law provision designating New York's law as governing. But if investors are surprised, they shouldn't be, and there is nothing unique or strange about New York's conflicts law. Anyway, no one has said the bond is unsecured. No need for all the bedwetting. Producer: Leanna Doty

El viernes pasado se cumplieron 25 años del ascenso al poder de Hugo Chávez en Venezuela. El 2 de febrero de 1999 juró la Constitución de 1961, a la que calificó de moribunda y se comprometió cambiarla por otra. Dio comienzo así un proceso constituyente que culminaría meses más tarde con una nueva constitución que cambió la denominación oficial del país: dejó de ser la República de Venezuela para convertirse en la República Bolivariana de Venezuela. Entre medias hubo dos referéndums, ambos marcados por una elevada abstención. En el primero, celebrado en abril, se votó la apertura del proceso constituyente, pero sólo participó el 37% del electorado. El segundo tuvo lugar en diciembre y se convocó para aprobar el texto constitucional. La participación fue de tan sólo el 44%. La nueva Carta Magna entró en vigor cinco días después. En el año 2000 se celebraron de nuevo elecciones que Chávez ganó con un 59% de los votos. Ya podía gobernar a su antojo con una constitución hecha a su medida. Al presidente no le gustaba el control que ejercía sobre él la Asamblea Nacional, así que se decantó por leyes habilitantes que le permitían gobernar por decreto. Del año 2000 al 2012 gobernó gracias a leyes habilitantes un total de 1.620 días, es decir, cuatro años y medio, un tercio de todo el tiempo que permaneció en el poder. Habilitante tras habilitante puso en marcha la revolución bolivariana cuyo fundamento era el denominado “socialismo del siglo XXI”. En 2002 poco después de que despidiese en directo por televisión a toda la cúpula directiva de PDVSA el sindicato CTV y la patronal Fedecámaras convocaron un paro nacional. Una manifestación multitudinaria sitió el palacio de Miraflores lo que obligó a Chávez a dimitir. El caos se apoderó de Venezuela durante 48 horas, al término de las cuales Chávez retomó el cargo. De ahí en adelante la revolución se intensificó. Se decretaron expropiaciones masivas y se empezó a perseguir a los opositores. Pero en el extranjero, especialmente entre la izquierda occidental, era un dirigente popular. El alza en los precios del petróleo de la primera década del siglo le permitía gastar a manos llenas en planes sociales, dedicar grandes sumas a la propaganda del régimen y en intervenir activamente en otras partes de Hispanoamérica. La Cuba de los hermanos Castro había encontrado por fin un financiador, mejor incluso que los soviéticos ya que sobre la Venezuela bolivariana ejercía una notable influencia. Con la oposición dividida y desorganizada Chávez fue poco a poco transformando Venezuela en una autocracia con él convertido ya en un líder mesiánico. La realidad era muy distinta. El país se empobrecía a ojos vista. La extracción de petróleo descendió y las empresas estatalizadas eran ineficientes e improductivas. La corrupción, un mal que había prometido erradicar en la campaña de 1998, se extendió por todas las capas de un Estado que ya lo controlaba casi todo. Pero Chávez no era eterno, en 2013 un cáncer se lo llevó por delante. Su sucesor, Nicolás Maduro, heredó el cargo y terminó de transformar el régimen en una dictadura. De eso hace ya más de una década. El chavismo perpetuado por Maduro ha empobrecido el país hasta niveles nunca vistos. Más de ocho millones de venezolanos han huido en diferentes olas migratorias para establecerse en otros países de América o en Europa. La renta per cápita se ha derrumbado, los servicios y la infraestructura están devastados, la inflación ha devorado los ahorros de los venezolanos y la inversión es nula porque nadie quiere arriesgar un céntimo en un país en el que la seguridad jurídica no existe y el Estado de Derecho desapareció hace ya mucho tiempo. El régimen, que temió por su existencia hace unos años con la victoria de la oposición en las elecciones legislativas de 2015 y la elección de Juan Guaidó como presidente encargado, hoy se siente fuerte y mira al futuro con optimismo gracias al férreo control que ejerce sobre la empobrecida sociedad venezolana, y al apoyo que recibe de Gobiernos amigos como el de Putin en Rusia o el Irán de los ayatolás. Pues bien, para hablar de estos 25 años de revolución bolivariana nos acompaña por primera vez en La ContraCrónica Begoña Villacís, quien no necesita mucha presentación y que durante sus años en el ayuntamiento de Madrid hizo todo lo que estuvo en su mano para apoyar a los movimientos que luchan por recuperar la democracia en Venezuela. Este episodio cuenta con la colaboración de O2: https://o2online.es · Canal de Telegram: https://t.me/lacontracronica · “Hispanos. Breve historia de los pueblos de habla hispana”… https://amzn.to/428js1G · “La ContraHistoria de España. Auge, caída y vuelta a empezar de un país en 28 episodios”… https://amzn.to/3kXcZ6i · “Lutero, Calvino y Trento, la Reforma que no fue”… https://amzn.to/3shKOlK · “La ContraHistoria del comunismo”… https://amzn.to/39QP2KE #FernandoDiazVillanueva #begoñavillacis #chavismo Escucha el episodio completo en la app de iVoox, o descubre todo el catálogo de iVoox Originals

Ganó Milei Petro y su reunión con Maduro y Vladimir Padrino. Dos buscados por los EEUUNueva entidad creó Petro violando la Ley 80 Santos defendiendo la paz con las FARC que no existeIván Cepeda no retiró su proyecto para meter a la cárcel al que se oponga a la paz de PetroPetro asociará a PDVSA con Ecopetrol Laura Sarabia de viaje con Petro28 de noviembre fecha para hablar de salario mínimo PDVSA en la lista Clinton La milicianización con las FARC