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Luc Cohen

Venezuelan baseball's bid to save sanctions-shortened season hits snag

2:54pm EST

CARACAS The U.S. Treasury Department has told Major League Baseball that a change to its sanctions on Venezuela last week does not allow MLB to resume a partnership with the Venezuelan baseball league, according to a person familiar with the matter.

U.S. issues some exemptions to Venezuela sanctions, targets more officials

Nov 05 2019

WASHINGTON/CARACAS The Trump administration on Tuesday issued licenses allowing some U.S. companies to pay taxes in Venezuela in spite of a broad U.S. sanctions regime, but also issued more sanctions on top officials in President Nicolas Maduro's government.

From hiding within Venezuela, lawmaker pledges to 'intensify the fight'

Nov 04 2019

CARACAS A Venezuelan opposition lawmaker whose parliamentary immunity was stripped last month said he is being targeted by President Nicolas Maduro for calling anti-government protests, at a time when the troubled OPEC nation has largely avoided a wave of unrest sweeping South America.

Venezuela's Maduro pledges funds for Argentine shipyard to finish PDVSA tankers

Nov 03 2019

Venezuelan President Nicolas Maduro on Sunday pledged funds for a state-owned Argentine shipyard to finish building two long- overdue tankers for state oil company Petroleos de Venezuela[PDVSA.UL], which is struggling with a diminished tanker fleet.

In oil-rich region, Venezuelans fear catastrophe if Trump forces Chevron to leave

Oct 18 2019

LA CAÑADA DE URDANETA, Venezuela With the $2 he earns in wages each week working as a cargo driver for Venezuelan state oil company PDVSA, 56-year-old Freddy Brito cannot even afford to buy one kilogram (2.2 lb) of cheese.

Venezuela's PDVSA expects crude output rebound in 2020: document

Oct 10 2019

CARACAS Venezuela's cash-strapped state-run oil company PDVSA expects crude output to rebound to above 1.2 million barrels per day (bpd) next year, according to a copy of the company's 2020 budget seen by Reuters, a figure nearly double current levels.

Venezuela designers turn to piracy after Adobe announces it will cut service

Oct 09 2019

CARACAS Venezuelans desperately explored piracy workarounds on Tuesday to continue using Adobe programs after the software developer said it will cut access to its products for the country's users, citing U.S. sanctions.

Exclusive: As Trump grows frustrated on Venezuela, U.S. to 'squeeze' Cuba, scrutinize Russia

Oct 09 2019

WASHINGTON/CARACAS The Trump administration is preparing new sanctions on Cuba over its support for Venezuelan President Nicolas Maduro and is taking a "closer look" at Russia's role in helping him remain in power, the U.S. special envoy on Venezuela, Elliott Abrams, told Reuters.

Venezuela opposition lawmaker introduces modest reform to oil law

Oct 09 2019

CARACAS, Oct 9 The chief of the energy committee of Venezuela's opposition-held National Assembly introduced a law to boost private investment in the oil sector on Wednesday, though its chances of entering into force were slim with President Nicolas Maduro in power.

Venezuela designers turn to piracy after Adobe announces it will cut service

Oct 08 2019

CARACAS, Oct 8 Venezuelans on Tuesday desperately explored piracy workarounds to continue using Adobe programs after the software developer said it will cut access to its products for the country's users, citing U.S. sanctions, in a move critics said demonstrated the unintended consequences of the Trump administration's policies.

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