Caracas looks for volunteers to test Russian vaccine: Venezuela's President Nicolás Maduro is looking to recruit volunteers to test Russia's controversial COVID-19 vaccine. The Venezuelan government, which relies on billions of dollars in loans from the Kremlin, says it will take part in Russia's clinical trial despite the fact that the drug has been broadly criticized by the scientific community for not going through adequate phases of testing to ensure its safety and utility. After announcing in late August that he would offer up some 500 Venezuelan volunteers to participate in the drug trial, Maduro, whose government has been increasingly isolated after dozens of countries recognized Juan Guaidó as the country's legitimate leader in 2019, was scrambling on Monday to recruit enough guinea pigs to avoid disappointing Vladimir Putin, one of his (very) few remaining allies. Maduro also said he would be first in line to take the Russian drug when mass vaccinations start in October. We'll be watching to see if he keeps his pledge.
GZERO World takes viewers to Colombia as Venezuelan refugees risk everything once again—this time to cross back into their home country. As pandemic lockdowns and economic downturn threaten jobs and livelihood in Colombia, many are left with no choice but to return to Venezuela and an uncertain future.
Kendry Fernando tells his story as he walks hundreds of miles with his family, looking for work, and considering a return home to repressive conditions in Maduro's Venezuela.
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What We're Watching: Trump's high seas feud with Iran and Venezuela, Kosovo leader's war crimes rap, Singapore's family feud election
US sanctions Iran over Venezuela oil shipments: In a bid to scuttle growing cooperation between two of Washington's biggest bogeymen, the White House yesterday slapped sanctions on five Iranian tanker captains who had delivered oil to Venezuela. Both Venezuela and Iran are currently under crippling US sanctions, but Tehran has been sending food and fuel aid to its comrades in Caracas, as Venezuelan strongman Nicolas Maduro clings to power despite leading his country into economic ruin. If you're puzzled as to why Venezuela, with the world's largest known oil reserves, needs to import oil (and gas), it's because its own output has fallen due to low prices, US sanctions, and the incompetence of the Maduro cronies who run the state oil company. In a further snub to Caracas, a US warship yesterday took a swing through waters claimed by the Venezuelan government — earlier this year the Trump administration had threatened to deploy more Navy vessels to the region as part of a crackdown on drug trafficking, believed to be a major source of income for the Venezuelan ruling clique.
Asia's manufacturing is still sick: Hailed for successfully managing the public health challenges of the pandemic, some of Asia's exporting powerhouses are now coming to terms with the economic impact of the crisis. A series of surveys released Monday show that the continent's crucial manufacturing sector took another hit last month as global trade continued to contract. While China's manufacturing activity expanded in May, showing some signs of a modest economic comeback, some of the region's export heavyweights have suffered their sharpest economic downturns in over a decade, as new export orders from their main trade partners remain slim. South Korea, for example, has been hailed for its apt management of the health crisis, but its exports have now slumped for three months straight, with shipments contracting 23.7 per cent year-on-year in May. Similarly, Taiwan has recorded just 7 deaths from the virus, but its manufacturing activity fell again in May from the previous month, while the IMF predicts that the economic bloc made up of Indonesia, Malaysia, Philippines, Thailand, and Vietnam will grow at -0.6 percent this year, down from its earlier estimate of +4.8 percent. Analysts now say that the region's economic rebound could take way longer than previously predicted.
I am Juan Guaidó, interim president of Venezuela by our constitution and the mandate of our citizens. This is Venezuela in sixty seconds. Venezuela is a country with the largest oil reserves in the world that today is mired in the worst humanitarian crisis in the history of our continent.