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Luc Cohen

Latam's 2020 growth may turn negative due to U.S.-China trade war: IADB

Jul 17 2019

GUAYAQUIL, Ecuador Latin American and Caribbean economies could shrink in 2020 on average if U.S.-China trade tensions are not resolved, because the world's two largest economies are major trading partners for the region, a senior economist said on Wednesday.

Venezuela's debts to China, Russia would be restructured through Paris Club: Guaido advisor

Jul 17 2019

GUAYAQUIL, Ecuador Loans to Venezuela from President Nicolas Maduro's allies Russia and China would be renegotiated though the Paris Club if Maduro leaves power, an advisor to the opposition said on Wednesday, responding to concerns about favorable treatment for the two countries.

Squeezed by sanctions, Venezuela sells oil to tiny Turkish firm

Jul 08 2019

MEXICO CITY/CARACAS With U.S. sanctions blocking Venezuela from selling oil to the United States, state-owned energy firm PDVSA has turned to several little-known buyers that include a tiny Turkish company with no refineries but ties to President Nicolas Maduro's government, according to internal documents and a PDVSA source.

Exclusive: Venezuela reshuffles oil output to favor Asia exports amid sanctions - documents

Jun 28 2019

MEXICO CITY/CARACAS Venezuelan state oil firm PDVSA is revamping one of its major processing operations geared to supplying U.S. buyers to produce instead a crude grade favored by Asian refiners, according to internal documents seen by Reuters.

Venezuela's Maduro says Norway talks sought 'peaceful agenda' with opposition

May 17 2019

CARACAS Talks in Norway this week with representatives of Venezuela's government and the opposition sought to "build a peaceful agenda" for the crisis-stricken South American country, President Nicolas Maduro said on Friday.

U.S. orders suspension of flights between the U.S. and Venezuela

May 15 2019

WASHINGTON/CARACAS The U.S. Department of Transportation on Wednesday ordered the suspension of all commercial passenger and cargo flights between the United States and Venezuela, citing reports of unrest and violence around airports in the South American country.

Maduro hangs on as Venezuelan protests peter out

May 02 2019

CARACAS Venezuelans heeded opposition leader Juan Guaido's call to take to the streets on Wednesday in a bid to force President Nicolas Maduro from power, but there was little concrete sign of change in a crisis that increasingly looks like a political stalemate. | Video

Venezuela's Guaido calls for uprising but military loyal to Maduro for now

May 01 2019

CARACAS Venezuelan opposition leader Juan Guaido on Tuesday made his strongest call yet to the military to help him oust President Nicolas Maduro but there were no concrete signs of defection from the armed forces leadership. | Video

RPT-EXCLUSIVE-New York Fed cracks down on Puerto Rico banks following Venezuela sanctions

Apr 22 2019

CARACAS, April 18 U.S. sanctions on Venezuela have led the New York Federal Reserve to crack down on Puerto Rico's $50 billion offshore banking industry, according to four sources and a document seen by Reuters.

Exclusive: New York Fed cracks down on Puerto Rico banks following Venezuela sanctions

Apr 18 2019

CARACAS U.S. sanctions on Venezuela have led the New York Federal Reserve to crack down on Puerto Rico's $50 billion offshore banking industry, according to four sources and a document seen by Reuters.

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