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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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MNI US OPEN - UK Economy Contracts for Second Straight Month
U.S. Officials Cite "Serious Concerns" Over Venezuelan Elections
Venezuela’s President Nicolás Maduro was declared the winner of Sunday’s presidential vote by the state-controlled election authority but the result has drawn criticism from U.S. officials.
- The U.S. secretary of state Antony Blinken said Washington has "serious concerns" about the election results.
- Several election polls had pointed to an opposition win. Opposition representatives said tallies they collected from campaign representatives at the polling stations showed González trouncing Maduro.
- The Biden administration had allowed energy sanctions reprieve for 6 months late last year as it sought free and fair elections in this result.
- Energy sanctions were reimposed April 18 and the issues surrounding the latest election leave any talks about progress unlikely.
- Crude exports out of Venezuela remain strong despite sanctions coming back in with special licenses for imports into the U.S. and Europe helping to keep flows elevated. India’s Reliance was also reported last week to be getting a license.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.