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
U.S. strike in Caribbean kills three suspected drug traffickers
A U.S. strike on a suspected drug-smuggling vessel in the Caribbean killed three people on Saturday, according to Pentagon Chief Pete Hegseth, marking the latest in a series of attacks in international waters.
The United States has deployed ships to the Caribbean and sent fighter jets to Puerto Rico as part of a large military force that Washington says is aimed at curbing drug trafficking.
“This vessel, like all the others, was known to our intelligence for being involved in illicit narcotics smuggling,” Hegseth stated on X. “Three narcoterrorists were aboard the vessel during the attack, which took place in international waters,” he added.
Experts argue that the attacks, which began in early September, amount to extrajudicial executions, even if the targets are known traffickers.
Washington has yet to publicly provide evidence that the targeted individuals were actively smuggling drugs or posed a threat to the United States.
Hegseth said the U.S. would continue “hunting… and killing” suspected traffickers. He also shared video footage of the strike, showing the vessel being hit and engulfed in flames. As in previous videos, sections of the ship were blurred, making it impossible to verify the number of people on board.
The United Nations called on Friday for Washington to halt its attacks.
International
At least 23 killed in Sonora supermarket blast, including minors
At least 23 people were killed and 11 others injured in an explosion at a supermarket in Hermosillo, in the northern Mexican state of Sonora, local authorities reported on Saturday.
“So far, there are 23 confirmed deaths and 11 injured, including minors,” said Sonora Governor Alfonso Durazo in a video message. He added that the injured are receiving treatment in various hospitals across the city.
“I have ordered a thorough and transparent investigation to determine the causes of the incident and assign responsibility where appropriate,” Durazo said.
The explosion occurred at a Waldo’s store in downtown Hermosillo. Local authorities confirmed that the incident was not an attack nor related to any violent act against civilians.
Meanwhile, Mexico City Mayor Claudia Sheinbaum expressed her condolences on X, offering sympathy to the families and loved ones of those who lost their lives.
International
Floods in Central Vietnam leave 28 dead, thousands displaced
The death toll from heavy rains and flooding in central Vietnam has risen to 28, with six people reported missing and 43 injured, local newspaper VnExpress reported Friday night.
More than 22,100 homes remain flooded, primarily in the cities of Hue and Da Nang. Floods and landslides have destroyed or swept away 91 houses and damaged another 181, the report added.
Around 245,000 households are still without electricity, particularly in Da Nang, where over 225,000 homes are affected.
Additionally, 80 stretches of national highways are blocked or disrupted due to landslides. Authorities expect the flooding to continue for another day or two in the region.
U.S. strike in Caribbean kills three suspected drug traffickers
At least 23 killed in Sonora supermarket blast, including minors
Floods in Central Vietnam leave 28 dead, thousands displaced
Tec de Monterrey honors one of its students for his contribution to nanotechnology in medicine
Defense Minister commends salvadoran soldier for Central American Cross Country victory
Extension of the state of emergency approved in southern Chile
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