International
Maduro signs Economic Emergency Decree to counter U.S. sanctions on Venezuela
The National Assembly of Venezuela approved on Thursday an economic emergency decree presented this week by the government of President Nicolás Maduro, in response to sanctions and tariffs imposed by the United States.
In March, the government of Donald Trump began suspending licenses for foreign oil companies operating with the state-owned Venezuelan oil company PDVSA and imposed secondary tariffs on crude oil and gas exports. Maduro signed the decree on Tuesday, invoking constitutional articles that allow him to declare states of exception, temporarily restrict constitutional guarantees, or declare a state of emergency in the event of disasters, public calamities, or events that seriously threaten the country’s security.
The emergency decree “is to support national production,” said Delcy Rodríguez, Vice President and Minister of Hydrocarbons, during the document’s presentation.
“The affected oil markets, the fall in oil prices, have already surpassed 30% in our measurement, and this, as we say, is just the beginning,” Rodríguez stated, clarifying that Venezuela’s oil and gas production continues.
Rodríguez also mentioned that foreign oil companies are welcome to operate in Venezuela in accordance with local laws.
The United States has set a deadline of May 27 for oil companies operating in Venezuela, including Chevron (U.S.), Eni (Italy), and Repsol (Spain), to wind down their operations and exports.
The decree grants Maduro the authority to implement measures he deems necessary to ensure economic growth, contain inflation, offer special treatment to investors, suspend taxes, or apply exceptions to tax laws, and establish import substitution mechanisms, among other measures.
Maduro and his government have consistently rejected sanctions imposed by the United States and other countries, arguing that they are illegitimate measures constituting an “economic war” designed to cripple Venezuela.
The president and his allies have celebrated what they describe as the country’s resilience despite these measures, although they have historically attributed some economic difficulties and shortages to the sanctions.
This is not the first time Maduro has governed under an emergency decree. In 2016, he signed a similar decree, which was extended until 2021 under the argument of sanctions imposed on Venezuela by Washington.
With the Assembly’s approval, the decree must now be sent to the Constitutional Chamber of the Supreme Court of Justice.
International
Mexico and Guatemala Agree on Five-Point Binational Plan for 2027
Mexico and Guatemala agreed Tuesday on a 2027 Binational Plan built around five areas of cooperation, along with a schedule of meetings and initiatives aimed at making progress by the end of 2026 on security, border infrastructure, human mobility, development and technical and social cooperation.
The agreement was announced by the foreign ministers of both countries following a meeting in Mexico City.
Mexican Foreign Minister Roberto Velasco said the plan will establish the “direction and priorities” of bilateral relations for next year. His Guatemalan counterpart, Carlos Ramiro Martínez, said the meeting allowed both governments to make decisions, schedule activities and revitalize bilateral cooperation mechanisms.
Security and border infrastructure
In the area of security, the two governments have nearly completed negotiations on a new memorandum of understanding for the Mexico-Guatemala High-Level Security Group (Ganseg), which was reactivated in 2025.
The countries expect to sign the agreement in the coming months to strengthen coordination and their ability to respond to shared security threats.
Regarding their nearly 1,000-kilometer shared border, Mexico and Guatemala agreed to advance infrastructure improvements at border crossings and continue work on a joint cargo clearance program between Ciudad Hidalgo and Tecún Umán, two border areas separated by the Suchiate River.
The measures are intended to facilitate bilateral trade while making cross-border exchanges safer and more efficient.
The two governments will also continue defining a route toward a railway connection between their countries through Line K of Mexico’s Interoceanic Corridor of the Isthmus of Tehuantepec (CIIT), with the aim of strengthening economic and community ties.
Migration and development
On human mobility, Mexico and Guatemala will maintain coordination to ensure safe, orderly and dignified returns, while strengthening protection for people in transit.
The bilateral agenda also includes a second phase of the Sembrando Vida program in Guatemala, which is expected to benefit 10,000 people across 15 departments.
Both countries will also advance initiatives under Juntos para el Bienestar, as well as six technical, scientific and energy cooperation projects approved by the Joint Commission.
The agreements seek to strengthen bilateral ties and establish concrete priorities for cooperation between Mexico and Guatemala during 2027.
International
France to Expel Two Iranian Diplomats Over Alleged Attack on French Officials
French Foreign Minister Jean-Noël Barrot announced Tuesday, August 18, 2026, that France will expel two Iranian diplomats in response to what Paris described as an attack on two French representatives in Iran last month.
“Two French diplomats were scandalously and deliberately assaulted on July 19. I had announced that this intolerable act would have consequences. It has now happened. Two Iranian diplomats in France will be expelled in the coming days,” Barrot said in a message posted on X.
The two Iranian diplomats have been declared persona non grata and will be required to leave France within the coming days, according to the French foreign minister.
About a month ago, Barrot said that two members of the French diplomatic staff had been detained by Iranian security forces for several hours. One of them was also subjected to harassment, he said.
The French government described the incident as an “extremely serious act of intimidation” that violated diplomatic immunity.
The two French embassy staff members were working on programs supporting Iranian civil society, particularly initiatives involving artists and researchers.
Iran has denied France’s allegations regarding the incident. The diplomatic dispute comes amid already strained relations between Paris and Tehran.
International
Heat wave puts more than 70 million Americans under alerts as temperatures near 46°C
More than 70 million people remained under heat alerts Monday as an intense heat wave continued across the southern United States, particularly Florida and states along the Mexican border, where temperatures and heat indexes could reach as high as 46 degrees Celsius, according to the National Weather Service (NWS).
Several cities recorded or tied temperature records over the weekend and into Monday, including Miami and Fort Lauderdale in Florida; Laredo, Borger and Austin’s airport in Texas; Atlanta, Georgia; Raleigh and Charlotte, North Carolina; and Memphis, Tennessee.
The NWS warned that the heat wave will continue affecting the southern and southeastern United States, with maximum temperatures expected to remain near 38°C to 40°C for several days. The heat index, which combines temperature and humidity to estimate how hot conditions feel, could reach 46°C.
The extreme heat is also spreading into the Southwest, where temperatures began rising again between Monday and Tuesday. Forecast highs in the region range from about 38°C to 43°C.
Heat alerts remain in effect across Nevada, Arizona and California, including areas in southern Arizona and California near the Mexican border, as authorities warn of the risks posed by prolonged extreme temperatures.
The NWS urged residents to limit outdoor activity, stay hydrated, ensure access to air conditioning or cooling centers, and check on vulnerable friends, neighbors and family members.
The United States is experiencing a summer marked by above-average temperatures and repeated heat waves. One of the most intense episodes occurred during the July 4 weekend, when extreme heat was blamed for roughly 30 deaths.
July was the hottest month ever recorded in the United States since measurements began, with the average temperature across the contiguous country approaching 25°C, according to the National Oceanic and Atmospheric Administration (NOAA).
The combination of extreme heat and drought conditions has also fueled wildfires. Nearly 3 million hectares have burned across the country so far in 2026, making it the largest area affected by wildfires in a decade.
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