The IMF imposed a disastrous economic adjustment package on Venezuela, amid US oil extraction and public comparisons to Cuba.

The entities involved

• Venezuela →

  Country in Latin America

  • The Organization of American States (OAS) is currently gathering to address and resolve political crises in several member states, including Haiti, Venezuela, Guatemala, and Nicaragua.Mon 13:11
  • Fundraising supports aid work in Venezuela.Mon 11:26
• Cuba →

  sovereign state situated on an island in the Caribbean Sea

  • Cuba faces international pressure regarding its political system, and Guyana expresses solidarity regarding Cuba's challenges.Mon 17:45
  • The US continues its pressure campaign against the island's government, which is currently facing the realities of its capital city, Havana.Mon 16:27

Related events

• Oil deals are being struck between Iran and Venezuela.Sep 6
• Oil exports from Venezuela are being used to fund social programs and generate foreign earnings.Sep 2
• Cuba announces a shift toward a market economy, ending subsidized oil supplies while facing continued blockades from US sanctions.Jun 26
• The U.S. is seeking Venezuelan oil specifically to displace Chinese economic interests in the region.Aug 28
• Trump administration applies sanctions and tariffs against Cuba. Oil shipments from Venezuela are targeted by new executive orders.Jun 22