DIRS.INFO The most relevant business & tech news

Venezuela's President Nicolas Maduro speaks during a meeting with Colombia's President Gustavo Petro at the Miraflores Palace in Caracas, Venezuela, November 18, 2023. "The Political Administrative Court of the Supreme Justice Tribunal will rule on the admission of the suit and the protection requested," the statement said. Those taking their cases to the tribunal must abstain from disrespect toward the state and respect the country's constitution, the statement added. Reuters reported this week that the government could allow appeals to advance as a way to partially comply with U.S. demands. The State Department did not immediately reply to a request for comment after the statement was published.

Persons: Nicolas Maduro, Gustavo Petro, Leonardo Fernandez Viloria, Jorge Rodriguez, Gerardo Blyde, Maria Corina Machado, Maduro, Biden, Matt Spetalnick, Vivian Sequera, Mayela, Lincoln, Stephen Coates Organizations: REUTERS, United, Reuters, State Department, The State Department, Mayela Armas, Thomson Locations: Miraflores, Caracas, Venezuela, WASHINGTON, CARACAS, United States, Norway, U.S, Venezuelan

Any U.S. action would come only after Venezuela's opposition and Maduro's representatives sign an agreement under which he commits to a presidential election date and to the lifting of bans on some opposition candidates, these two sources said. It would also allow participation of opposition figures who are currently barred from holding office, the source added. Reuters reported last week, citing five sources, that Venezuela and the United States had progressed in talks that could allow at least one additional foreign oil firm to take Venezuelan crude oil for debt repayment if Maduro resumed negotiations with the opposition. Two of those sources had named France's Maurel & Prom (MAUP.PA), a joint venture partner with Venezuela state-run oil company PDVSA, as a possible recipient of a comfort letter. The return to talks was announced in a statement published by Norway, an observer of the talks, which are meant to provide a way out of Venezuela's long-running political and economic crisis.

Persons: Elvis Hidrobo Amoroso, Jesus Maria Casal, Venezuela's, Leonardo Fernandez Viloria, Nicolas Maduro, Maduro, Maduro's, Maurel, Maria Corina Machado, Mayela Armas, Matt Spetalnick, Marianna Parraga, Julia Symmes Cobb Organizations: Electoral Council, Primary Commission, REUTERS, Rights, Reuters, Thomson Locations: Caracas, Venezuela, Rights CARACAS, WASHINGTON, United States, Washington, Barbados, U.S, mull, Israel, Norway, Houston

The negotiations, meant to provide a way out of Venezuela's long-running political and economic crisis, will take place in Barbados. The U.S. State Department celebrated the announcement of the return to talks but did not mention sanctions relief. Some members of the opposition said on Monday that they doubted Maduro would follow through on his promises. But with no substantial investment in Venezuela's oil sector for over a decade, any real oil output increase will take time, according to analysts. The return to talks between Maduro's government and the opposition was announced in a statement published by Norway, an observer.

Persons: Elvis Hidrobo Amoroso, Jesus Maria Casal, Venezuela's, Leonardo Fernandez Viloria, Nicolas Maduro, Joe Biden's, Donald Trump's, Maduro, Maria Corina Machado, Maurel, PDVSA, Maduro's, Washington, Biden, John Barrasso, Mayela Armas, Matt Spetalnick, Marianna Parraga, Julia Symmes Cobb, David Gregorio Our Organizations: Electoral Council, Primary Commission, REUTERS, Rights, U.S . State Department, Reuters, U.S, Republican U.S, United Nations, Thomson Locations: Caracas, Venezuela, Rights CARACAS, WASHINGTON, HOUSTON, Washington, U.S, Maduro, Barbados, United States, Venezuelan, The U.S, Qatar, China, Russia, Cuba, Ukraine, OPEC, America, Norway, Houston

Migrants arriving at the U.S.-Mexico border are prompting U.S. President Joe Biden's administration to call for unfreezing Venezuelan funds held in foreign banks that would provide needed food and medicine, the sources told Reuters. It also has some in Venezuela's opposition parties worried about the political impact of releasing funds that Maduro could claim credit for ahead of a potential 2024 presidential election. The United Nations drafted a first proposal to oversee the fund in mid-October, the sources told Reuters. Opposition envoys discussed the aid package with U.S. officials during their meetings last week in Washington, four of the sources said. For the United Nations, it could become one of the largest funds ever handled, even though the total amount that could be legally released is not clear.

Search resuls for: "Mayela Armas Matt Spetalnick"

4 mentions found