US Temporarily Eases Sanctions on Venezuelan State-Run Banks
The United States Treasury has temporarily eased sanctions on Venezuela's central bank and several other state-run financial institutions.This move allows these banks to use US dollars and re-enter global financial markets.The easing of sanctions was announced by the US Treasury's Office of Foreign Assets Control (OFAC) on April 15, 2026.Licences were issued authorising commercial links with the Central Bank of Venezuela, Banco de Venezuela, Banco Digital de los Trabajadores, and Banco del Tesoro.Sanctions had been in place since 2019, restricting these banks' ability to process and move money internationally.The temporary easing could facilitate the flow of revenue from Venezuelan oil... [Continue Reading]
360LiveNews | 15 Apr 2026 13:39 LONDON
Protests in Caracas Demand Higher Wages and Pensions Amid Economic Crisis
In Venezuela, escalating protests have emerged as union leaders, retirees, and public sector workers have mobilised in the capital, Caracas, demanding higher wages and pensions. The demonstration occurred amid an ongoing economic crisis that has severely impacted the ability of workers to afford essentials. Police responded to the march by establishing blockades, preventing protesters from reaching the presidential palace. The protests took place on a Thursday, following a public address by acting President Delcy Rodriguez on the previous day. In her speech, Rodriguez urged both public and private sector workers to remain patient as her government attempts to navigate the... [Continue Reading]
360LiveNews | 10 Apr 2026 01:12 LONDON
