Latest news and articles about Venezuelan economy from NEX English
Venezuelan Vice President Delcy Rodriguez announced a responsible wage increase for workers starting May 1. This initiative aims to improve citizens' incomes by leveraging developments in the oil and mining sectors.
Delcy Rodriguez remains in her role as interim president of Venezuela after her initial 90-day appointment has ended. This decision comes at a critical time for the country, which is facing significant political and economic challenges.
Venezuelan Vice President Delsy Rodriguez announced the lifting of U.S. sanctions against her, marking a significant step toward normalizing relations between the two countries. This announcement follows the resumption of diplomatic ties between Washington and Caracas after years of severed relations.
Venezuelan government sources indicate that the administration, led by Oil Minister Tareck El Aissami, is preparing to reclaim control of the board of directors of the American company Citgo. This move aims to strengthen Venezuela's influence in the energy sector amid a severe economic crisis.