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The toppling of Nicolas Maduro has thrust Venezuela's debt crisis - one of the world's largest unresolved sovereign defaults - into the limelight.Following years of economic crisis and U.S. sanctions that severed the country from international capital markets, Venezuela defaulted in late 2017 after missing payments on international bonds issued by the government and state oil company, Petroleos de Venezuela, known as PDVSA.Since then, accumulated interest and legal claims tied […]

Geopolitical uncertainty combined with the loss of Venezuelan exports could push oil and gasoline prices slightly higher in the weeks ahead, according to an industry expert. Still, prices at the pump would remain at their lowest levels since the COVID-19 pandemic.Andy Lipow, president of Lipow Oil Associates, projected that oil would rise $3 per barrel in the immediate future, equivalent to less than 10 cents per gallon for gasoline. Still, […]

The missing piece of America’s defense system is AI-driven industrial speed — not just weapons, according to one prominent tech executive, but the ability to build them fast enough to matter."There is a historic opportunity for America to underwrite the next decade of our prosperity with AI," Chief Technology Officer of Palantir Shyam Sankar said on "Mornings with Maria" Monday. "The other element of deterrence is really the factory floor. […]

A Japanese sushi chain shattered records Monday by paying a staggering $3.24 million (510 million yen) for a single bluefin tuna at Tokyo’s famed New Year fish auction.The top bidder for the prized 536-pound tuna was Kiyomura Corp., the Tokyo-based operator of popular sushi restaurant chain Sushi Zanmai. The bid broke Kiyomura's previous record of $2.1 million (333.6 million yen) in 2019.Kiyomura owner Kiyoshi Kimura told reporters that he did […]