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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.

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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.

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With the Assembly’s approval, the decree must now be sent to the Constitutional Chamber of the Supreme Court of Justice.

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International

Rubio rules out 2028 presidential bid if Vance runs

U.S. Secretary of State Marco Rubio said he would not seek the presidency in 2028 if current Vice President JD Vancedecides to run as the Republican nominee to succeed President Donald Trump.

“If JD Vance runs for president, he will be our candidate, and I will be one of the first people to support him,” Rubio said in an interview with Vanity Fair, in which he appeared alongside other senior members of the presidential cabinet.

Rubio, 54, and Vance, 41, are widely viewed as two of the leading Republican figures who could headline the party’s ticket in the 2028 election. Under the U.S. Constitution, Trump is barred from seeking another term after completing two presidential mandates.

In a lighthearted moment during the interview, Vance jokingly offered photographers $1,000 if they managed to make him look better than Rubio in the photos. Both leaders have received public backing from Trump, who last October floated the idea of a joint ticket featuring Rubio and Vance, without clarifying who would lead it.

“I think that if they ever teamed up, they would be unstoppable. I don’t think anyone would run against us,” Trump said at the time.

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White House Chief of Staff Susie Wiles, who also took part in the interview, confirmed that Trump does not intend to violate the 22nd Amendment, which prohibits a third presidential term, though she acknowledged that the president is “having fun” with speculation about a possible return to office.

Rubio, the son of Cuban immigrants, served as a Republican senator from 2010 to 2025. He sought the party’s presidential nomination in 2016 but was defeated by Trump after a bruising primary contest. His name was floated as a potential vice presidential pick in 2024, but Vance ultimately secured the spot. After taking office, Trump appointed Rubio as secretary of state, making him the first Latino to hold the position.

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International

Authorities search for armed and dangerous suspect in fatal Brown University attack

According to the statement, investigators are “seeking the public’s help to identify and speak with an individual” who was seen “near” the suspect at the time of the attack.

The Providence Police Department in Rhode Island released three photos of the person of interest, whose face has been blurred. In the images, the individual is wearing navy blue clothing, what appears to be a green hood, and carrying a light-colored backpack.

Earlier, authorities had released several photos and videos of a suspect described as “approximately 5 feet 8 inches tall, with a stocky build,” dressed in dark clothing, with their face covered by a surgical mask and wearing a beanie. The suspect’s identity remains unknown.

Authorities are offering a $50,000 reward for any information leading to the identification, arrest, and conviction of the person responsible for the killings, who is considered armed and dangerous.

The gunman opened fire on Saturday at Brown University’s engineering and physics building, where exams were being held, killing students Ella Cook and Mukhammad Aziz Umurzokov. The names of the nine people injured have not been released.

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Police investigate deaths of Rob Reiner and wife as apparent homicide

The Los Angeles Police Department (LAPD) is investigating the deaths of Hollywood actor and filmmaker Rob Reinerand his wife as an “apparent homicide,” amid a wave of tributes to the director of classics such as When Harry Met Sally.

According to U.S. media reports on Sunday, Rob Reiner and Michele Singer Reiner were found dead at their Los Angeles mansion with what appeared to be stab wounds.

Several political figures shared messages of condolence following the reported deaths of the director of A Few Good Menand his wife.

While the LAPD did not officially confirm the identities of the victims, it stated that homicide detectives were dispatched to the Reiner residence.

“At this time, no additional details are available and the investigation into an apparent homicide is ongoing,” the Los Angeles Police Department said in a statement posted on social media.

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LAPD Deputy Chief Alan Hamilton told reporters that no arrests have been made and that no individuals are currently being questioned as suspects.

“I’m not going to confirm whether anyone is being questioned at this moment or not. We are going to try to speak with as many family members as we can,” Hamilton said.

CNN reported that a family spokesperson confirmed the deaths of Reiner and his wife.

California Governor Gavin Newsom, former U.S. President Barack Obama, and former Vice President Kamala Harrisissued statements expressing their condolences.

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