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Venezuela is considering the privatization of its state-owned oil industry, report says

President Nicolas Maduro has considered selling shares of the state-owned industry as the country faces economic crisis, Bloomberg reports.
Venezuela's President Nicolas Maduro gestures as he speaks during a news conference in Caracas, Venezuela, September 30, 2019.

Venezuela reportedly has less than $1 billion in cash, which is less than rapper Jay-Z’s net worth

The South American country has been cash-strapped since facing global sanctions.
A composite image of Venezuelan President Nicolás Maduro and President Donald Trump's personal lawyer, Rudy Giuliani.

Rudy Giuliani reportedly defied White House policy to make a back-channel call to oust Venezuela’s President Maduro from office

Giuliani's involvement in shadow US policy in Ukraine helped get President Donald Trump impeached earlier this month.

9 mind-blowing facts about Venezuela’s economy

Venezuela is going through one of the worst political and economic crises in modern history.
Venezuelans are making kerosene lamps from ketchup bottles to use during blackouts.

Crippling power outages in Venezuela have driven people to make lamps from Heinz ketchup bottles to avoid living in darkness

Periodic blackouts have plagued the country since a crippling, week-long blackout in March that brought thousands out in protest.

2nd-highest ranking US military officer reportedly slammed his hands on table after growing tired of John Bolton’s aides at fiery meeting

The meeting between John Bolton's aides and Air Force Gen. Paul Selva was said to be contentious and ended earlier than expected.
Venezuelan President Nicolas Maduro at a ceremony in Caracas, April 13, 2019.

The US military is on ‘the balls of its feet’ about Venezuela’s crisis — here’s what that means, according to a former N...

The US military has said little about plans for Venezuela, but a retired admiral who led US forces in the region says they're reviewing options.
Nicolas Maduro on state TV.

Venezuela’s opposition is planning a 2nd day of protests after its first attempt to overthrow Nicolás Maduro ground to a halt

Juan Guaidó made his largest call for military defections yet. But he did not manage to get large scale support from government-supporting officers.
Juan Guaido, President of the Venezuelan National Assembly and lawmaker of the opposition party Popular Will (Voluntad Popular), speaks during a gathering in La Guaira, Venezuela January 13, 2019.

Meet Juan Guaidó, the self-proclaimed interim president of Venezuela who’s challenging Nicolas Maduro for power

Juan Guaidó, 35, is the leader of the opposition movement in Venezuela and the most potent threat to Nicolas Maduro's authoritarian government.