oil production
MIAMI, FL—As world leaders debate the effectiveness of removing or intensifying sanctions on dictatorial regimes across the globe, in particular Venezuela, Florida International University and the George W. Bush Institute have released a new white paper concluding that economic sanctions on autocracies are unproductive and inadequate, however, personal sanctions against individuals tend to be more effective. […]
As anticipated and expected, OPEC has voted to cut world oil production by more than 2 million barrels of crude a day. This is not good news for American drivers. Led by Saudi Arabia, the UAE, Kuwait, Kazakhstan, Algeria, Oman, Iraq, and Russia, OPEC’s move to cut oil production can be seen as a significant blow to the […]
By Luis Fleischman, PhD A few months ago, the Biden Administration granted five U.S. oil companies limited authorization to resume pumping oil from Venezuela. The decision came after the Venezuelan government and the opposition reached a humanitarian relief agreement and to resume negotiations to resolve the country’s political crisis, focusing on Venezuela’s 2024 elections. Other […]
An extradited conman and close advisor to Venezuelan dictator Nicolas Maduro appeared in a Miami federal court last week in a case that´s being closely watched around the world. Alex Saab, a Colombia-Venezuelan businessman with links to Hezbollah and who’s accused of laundering $350 million through the U.S. banking system on behalf of the Venezuelan […]