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Luc Cohen

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

19 Apr 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.

Venezuela's Guaido to seek to annul $8.7 billion Conoco award

17 Apr 2019

CARACAS Venezuelan opposition leader Juan Guaido will seek to annul an $8.7 billion arbitration award to U.S. oil producer ConocoPhillips as he moves to preserve foreign assets, Guaido's chief legal representative said on Tuesday.

Venezuela's Guaido to seek to annul $8.7 bln Conoco award

17 Apr 2019

CARACAS, April 16 Venezuelan opposition leader Juan Guaido will seek to annul an $8.7 billion arbitration award to U.S. oil producer ConocoPhillips as he moves to preserve foreign assets, Guaido's chief legal representative said on Tuesday.

Venezuela congress allows parallel PDVSA board to negotiate foreign debt

10 Apr 2019

CARACAS/PUNTO FIJO, Venezuela Venezuela's opposition-controlled National Assembly on Tuesday allowed a parallel board of directors of state-run oil company PDVSA to negotiate foreign debt ahead of a looming payment deadline that could put its crown jewel overseas asset, U.S. refiner Citgo, at risk.

Venezuela's Fabiana Rosales, a young activist, emerges into the political spotlight

29 Mar 2019

CARACAS/WASHINGTON Barely two months after emerging from obscurity in her home country of Venezuela, political activist Fabiana Rosales sat in the Oval Office across from U.S. President Donald Trump in a yellow armchair normally reserved for visiting heads of state.

Venezuela blocks Guaido from office as the opposition scoffs

29 Mar 2019

CARACAS Venezuela's opposition leader Juan Guaido will be barred from public office for 15 years, the government comptroller said on Thursday, as it seeks to crack down on the U.S.-backed rival to President Nicolas Maduro.

U.S. presses India to stop buying oil from Venezuela's Maduro: envoy

10 Mar 2019

The United States is pressing India to stop buying oil from Venezuelan President Nicolas Maduro's government, Washington's top envoy for Venezuela said, as the Trump administration this week threatened more U.S. sanctions to cut off Maduro's financial lifelines.

Venezuela releases American journalist after full day in custody: media

07 Mar 2019

CARACAS Venezuela's government released an American journalist and his local colleague on Wednesday, after they spent more than 12 hours in custody in a move that drew further international condemnation of socialist President Nicolas Maduro's government.

Venezuela opposition's U.S. envoy has no 'crystal ball' on Maduro exit

16 Feb 2019

WASHINGTON The Venezuelan opposition’s envoy to the United States said on Friday there was no telling how long it would take to oust President Nicolas Maduro but that efforts to end his rule were "irreversible," despite the failure so far to convince the military to abandon him.

Venezuela opposition to leave Citgo funds, management untouched - envoy

16 Feb 2019

WASHINGTON Venezuela's opposition has no plans to use funds belonging to U.S. refiner Citgo, which is owned by state oil company PDVSA, despite having named a new board for the company this week, the self-declared interim government's U.S. envoy said on Friday.

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