The Superintendence of Companies of Colombia, Supersociedades, did not authorize the sale of Monómeros Colombo Venezolanos S.A. to Nitrofert Asset Management S.A.S., considering that the contract does not guarantee “the preservation of the Company as… Colombia’s Supersociedades Rejects Monómeros Sale to Nitrofert Asset Management Over Employment Concerns
The CITGO auction process is unfolding with intense battles, including the high-stakes conflict between Siemens Energy Inc. and PDV Holding Inc. The former seeks to satisfy a hefty court ruling in its favor, while the… CITGO Auction: Siemens Energy and PDV Holding Clash in High-Stakes Texas Court Battle
Photo Archive On February 24, 2025, the Lisbon Appeals Court upheld an arbitration ruling in favor of Canadian mining company Gold Reserve, allowing it to enforce approximately $1.1 billion in Portugal against Venezuela. This decision… Portugal Grants Gold Reserve Permission to Enforce $1.1 Billion Arbitration Award Against Venezuela
Following a similar modus operandi to that of the Morón brothers, Maduro ordered the arrest of Francisco Convit Guruceaga, who is reportedly being held at SEBIN’s El Helicoide facility. His arrest occurred around two weeks… Francisco Convit Arrested by Maduro’s Orders: SEBIN Detention and Links to PDVSA Corruption
The CITGO auction process is underway, with one of the latest actions being the bid presented to United States District Judge Leonard P. Stark of the District of Delaware, regulating the sale, for USD 12,000,000,000… CITGO Auction: Murzuq Oil’s $12 Billion Bid by Libyan Ex-Combatant for Venezuelan Refinery
Three Venezuelans Charged with Drug Trafficking after Interception in U.S. Waters in Puerto Rico. The individuals were approached by authorities 30 nautical miles southwest of St. Croix, U.S. Virgin Islands. They were brought before the… Three Venezuelans Arrested for Drug Trafficking Off Puerto Rico Coast: Cocaine Seizure and Charges Filed
The recent executive order from President Donald Trump temporarily suspending the Foreign Corrupt Practices Act (FCPA) has stirred controversy among business and legal circles. While the administration claims the measure aims to reduce regulatory burdens… Impact of Trump’s Suspension of the FCPA: Boosting Competitiveness or Encouraging Corruption?
The ICE apprehended a Venezuelan repressant in Miami, a former military officer accused of torturing and repressing demonstrators during the protests against Nicolás Maduro’s regime in 2014, and whose request for political asylum had been… ICE Arrests Venezuelan Military Officer in Miami for Human Rights Violations, Potentially Bound for Guantanamo
In her interview with Donald Trump Jr., opposition leader María Corina Machado firmly identified Nicolás Maduro’s government as a criminal regime rather than a political one. However, her excessive optimism is puzzling, especially when she… Key Takeaways from María Corina Machado’s Interview with Donald Trump Jr.: Understanding Venezuela’s Emergency and the Fight Against Tyranny
The U.S. Department of the Treasury announced this Sunday that it is moving forward with plans to end the licenses that currently allow oil companies to operate in Venezuela. This measure strengthens the sanctions strategy… US Tightens Sanctions: Revokes Oil Licenses for Venezuela, Impacting Maduro’s Regime and Economy
The current image of the Bubalis estate, with its grasslands swaying in the wind amidst an almost absolute solitude, contrasts sharply with the vibrant and festive splendor that reigned there until April 9, 2024, when… From Xanadu to Waterloo: The Rise and Fall of Samark López Bello and Agropecuaria Bubalis
Organized crime finances the Latin American left, as drug trafficking, political corruption, and international financing create a structure that supports regimes established in countries like Guatemala, Mexico, Colombia, and Venezuela. This is an alliance where… Organized Crime: The Hidden Financial Backbone of Latin America’s Leftist Governments
Rafael Caro Quintero, known as “The Narco of Narcos,” is one of the most iconic figures in organized crime in Mexico. His name is associated with the founding of the Guadalajara Cartel, the murder of… The Fall of Rafael Caro Quintero: Extradition of the ‘Narco de Narcos’ and Its Impact on Drug Trafficking in Mexico
The United States District Court for the District of Puerto Rico dismissed the lawsuit against ItalBank International Inc. filed by International Global Bank NV, claiming the blockage of USD 4,359,746.92 related to Venezuela, which the… Federal Court Dismisses Lawsuit Against ItalBank International: A Stand on OFAC Sanctions and Fund Blockage
Alberto Sobalvarro Durán, the mayor of Almirante Padilla, a small municipality in northern Venezuela, is amassing power, not just in politics. An economist by profession and a member of the ruling Partido Socialista Unido de… What Does a Mayor Do in a Business Like This?