December 3, 2020

PM Harris invited to inauguration of President Maduro in Venezuela, attends with a delegation representing St. Kitts and Nevis

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The Prime Minister of St. Kitts and Nevis, Dr. the Honourable Timothy Harris, has accepted an invitation to attend the inauguration of Venezuelan President Nicolás Maduro. Prime Minister Harris travelled to Venezuela last Wednesday, January 9, 2019, to see President Nicolás Maduro sworn in for a second six-year term on Thursday, following his re-election in […]

Guyana to ask court for Venezuela border ruling

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BY BERT WILKINSON From Caribbean Life Guyana’s government will ask the World Court in The Netherlands to rule that an 1899 demarcation of borders with neighboring Venezuela is valid and final after Venezuelan authorities refused to allow the court to hear the case, saying it does not have the right or legal jurisdiction to do […]

Venezuela’s PDVSA in crisis as Caribbean debts pile up

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By Marianna Parraga Reuters From Buenos Aires Herald Partners in island nations turn away from state oil firm as unpaid bills mount up HOUSTON — Unpaid debts and broken promises are making Venezuelan oil giant PDVSA an outcast in several Caribbean countries where it had been a guest of honour. The state-run company’s crumbling finances […]

U.S. warns that if Venezuela ends oil subsidy for Caribbean, it can’t step in

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By Franco Ordoñez From Miami Herald Opposition leaders, now in charge of National Assembly, have criticized Petrocaribe Senior adviser at White House says U.S. can’t substitute its own oil for Venezuela’s Obama administration working with countries on energy security WASHINGTON – If the newly elected Venezuelan National Assembly votes to cancel that country’s program of […]

No need to fear the end of PetroCaribe, S&P tells Caribbean

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By Lucien Chauvin From Emerging Markets Although Venezuelan President Nicolás Maduro has committed to maintain the discounted oil programme PetroCaribe, some of the 17 beneficiary nations in Central America and the Caribbean are using the opportunity of low crude orices to pay off their debts. An end to Venezuela’s PetroCaribe programme that delivers discounted oil […]