Another major corruption scheme similar to the one perpetrated by Odebrecht was uncovered in Peru. According to El Comercio, OAS, a Brazilian construction construction conglomerate, illegally funneled millions of dollars to the former mayor of Lima, Susana Villaran, through a… Read More ›
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Deputy Prime Minister Borisov: Russia Does Not Plan to Send Additional Military Specialists to Venezuela
Russian Deputy Prime Minister Yuri Borisov said that his country does not plan to send anymore military specialists to Venezuela, according to Reuters. Russia sent military personnel to Venezuela in March. According to CNN, Russian Foreign Ministry spokeswoman Maria Zakharova… Read More ›
US Sanctions Five More Venezuelan Officials
On Friday, February 15, the United States imposed additional sanctions on key government officials in Venezuela as part of its continued support for Juan Guaidó. The move comes less than three weeks after President Donald Trump imposed sanctions on PDVSA,… Read More ›
Sanctions Force Venezuela’s PDVSA To Shift To Russian Bank
Recent sanctions by United States President Donald Trump are causing Venezuela’s state-run oil company to make changes to its banking practices. According to Reuters, Petróleos de Venezuela SA, or PDVSA, is telling customers of its joint ventures to deposit proceeds… Read More ›
Top Venezuela Air Force General Defects, Backs Guaidó
In a widely circulated video, a high ranking military official said he publicly recognized Juan Guaidó, the leader of the opposition-controlled National Assembly, as the legitimate president of Venezuela. According to Reuters, General Francisco Yánez is a member of the… Read More ›
Paraguay Maintains Rate As Economy Expands Steadily
Paraguay’s central bank left its monetary policy rate steady at 5.25 percent, saying the economy continues to expand moderately while inflation has been on a downward trajectory in recent months but the outlook remains consistent with the inflation objective. The… Read More ›
Dominican Republic Holds Rate, Attentive To US Fed, Dollar
The Dominican Republic’s central bank kept its monetary policy rate at 5.50 percent, saying it is attentive to the normalization of monetary policy in the United States and its impact on the dollar and the price of oil and is… Read More ›
