-
Kenya's economy faces climate change risks: World Bank
-
Seoul, Taipei hit records as Asian stocks track Wall St tech rally
-
Boeing faces civil trial over 737 MAX crash
-
Three die on Atlantic cruise ship from suspected hantavirus: WHO
-
Two die in 'respiratory illness' outbreak on Atlantic cruise ship
-
More Nepalis drive electric, evading global fuel shocks
-
Latecomer Japan eyes slice of rising global defence spending
-
German fertiliser makers and farmers struggle with Iran war fallout
-
OPEC+ to make first post-UAE production decision
-
Massive crowds fill Rio's Copacabana beach for Shakira concert
-
US airlines step up as Spirit winds down
-
Aviation companies step up as Spirit winds down
-
'Bookless bookstore': audio-only book shop opens in New York
-
Venezuelan protesters call government wage hike a joke
-
S&P 500, Nasdaq end at fresh records on tech earnings strength
-
Pope names former undocumented migrant as US bishop of West Virginia
-
Trump says will raise US tariffs on EU cars to 25%
-
ExxonMobil CEO sees chance of higher oil prices as earnings dip
-
After Madonna and Lady Gaga, Shakira set for Rio beach mega-gig
-
King Charles gets warm welcome in Bermuda after whirlwind US visit
-
Coe hails IOC gender testing decision
-
Baguettes take centre stage on France's Labour Day
-
Iran offers new proposal amid stalled US peace talks
-
French hub monitors Hormuz tensions from afar
-
Oil steady after wild swing, stocks diverge in thin trading
-
Chinese swimmer Sun Yang reports cyberbullying to police
-
Iran activates air defences as Trump faces congressional deadline
-
India's cows offer biogas alternative to Mideast energy crunch
-
Crude edges up after wild swing, stocks track Wall St rally
-
Formerra Appoints Matt Borowiec as Chief Commercial Officer
-
New Princess Diana documentary promises her own words
-
Oil slumps after hitting peak, US indices reach new records
-
Venezuela leader hikes minimum wage package by 26%
-
Apple earnings beat forecasts on iPhone 17 demand
-
Bangladesh signs biggest-ever plane deal for 14 Boeings
-
Musk grilled on AI profits at OpenAI trial
-
Venezuela opens arms to world with Miami-Caracas flight
-
US Congress votes to end record government shutdown
-
First direct US-Venezuela flight in years arrives in Caracas
-
Just telling nations to quit fossil fuels 'not realistic': COP31 chief
-
Trump hails 'greatest king' Charles as state visit wraps up
-
Drivers help study road-trip mystery: what became of bug splats?
-
Oil strikes 4-year peak, stocks rise
-
Iran's supreme leader defies US blockade as oil prices soar
-
White House against Anthropic expanding Mythos model access: report
-
Oil crisis fuels calls to speed up clean energy transition
-
European rocket blasts off with Amazon internet satellites
-
Nigerian airlines avert shutdown as Mideast war hikes fuel prices
-
ArcelorMittal boosts sales but profits squeezed
-
German growth beats forecast but energy shock looms
Venezuela passes law to jail backers of US oil blockade
Venezuela's parliament passed a law Tuesday that carries lengthy prison terms for any national supporting a United States' oil tanker blockade Caracas has termed piracy.
The country already has a similar law for those who back sanctions against the government of President Nicolas Maduro. Washington and dozens of other capitals consider his last two re-elections to have been stolen.
Opposition leader Maria Corina Machado, whose whereabouts are unknown since she left hiding to travel to Oslo where she was awarded the Nobel Peace Prize, has spoken in favor of sanctions and a US Caribbean naval deployment Maduro fears seeks to unseat him.
The law was passed unanimously Tuesday by Maduro's party, which holds an absolute majority in the unicameral National Assembly.
The "law to guarantee freedom of navigation and trade in the face of piracy, blockades, and other international illicit acts” was proposed shortly after US forces on Saturday seized a second tanker transporting Venezuelan crude.
US President Donald Trump on December 16 declared a "total and complete blockade" of sanctioned oil vessels sailing to and from the South American country.
It was the latest salvo in an escalating standoff that started in September with a massive naval deployment for what Washington called an anti-narcotics operation.
US forces have since launched dozens of strikes on boats that Washington alleges, without showing evidence, were transporting drugs.
More than 100 people have been killed -- some of them fishermen, according to their families and governments.
Trump claims Caracas under Maduro is using oil money to finance "drug terrorism, human trafficking, murder and kidnapping."
The new law carries prison terms of 15 to 20 years for people promoting or supporting such blockades, or fines of over a million dollars.
It also allows "protection" for commercial operators, including provision of state-sponsored legal counsel.
Venezuela has been under US oil sanctions since 2019. It produces about a million barrels of crude per day.
It sells most on the black market at steep discounts.
Maduro has claimed Washington wants to oust him and take Venezuela's oil, which Trump says the United States wants "back" after the seizure of US assets after a nationalization drive in 2007.
Trump said Monday it would be "smart" for Maduro to step down, even as Russia pledged "full support" for Venezuela.
S.F.Lacroix--CPN