Venezuela Oil Exports Rise, Output Cuts Continue
Venezuela’s oil exports under a flagship $2bn supply deal with the U.S. reached around 7.8 million barrels on Wednesday, vessel-tracking data and st...
Democracies must be prepared to fight for freedom in order to survive, Nobel Peace Prize laureate Maria Corina Machado said on Wednesday, in a speech delivered by her daughter during a ceremony Machado could not attend.
The Venezuelan opposition leader said that the prize held profound significance, not only for her country but for the world.
"It reminds the world that democracy is essential to peace," she said, via her daughter Ana Corina Sosa Machado.
"And the most important, the lesson Venezuelans can share with the world, is a lesson forged on a long and difficult path: if we want democracy, we must be prepared to fight for freedom."
A large portrait of a smiling Machado hung in the Oslo City Hall to represent her.
The 58-year-old engineer was due to receive the award at Oslo City Hall in the presence of King Harald, in defiance of a decade-long travel ban imposed by authorities in her home country and after spending more than a year in hiding.
But she was unable to reach the Norwegian capital in time for the ceremony.
"I will be in Oslo, I am on my way to Oslo right now," Machado told Nobel Committee leader Joergen Watne Frydnes, in an audio recording released by the Norwegian Nobel Institute.
It was unclear where she was calling from.
"We don't know exactly when she will land, but sometime in the course of the night," the institute's director, Kristian Berg Harpviken, told Reuters.
"Freedom is conquered every day as long as we are ready to fight for her. This is the reason why the cause of Venezuela transcends our borders," she said in the transcript of her prepared speech.
"A people that chooses to be free not only liberates itself, it contributes to the whole of humanity."
In her speech, Machado said Venezuelans did not realise in time that their country was sliding into what she described as a dictatorship.
"When we understood how fragile our institutions had become, it was already too late," Machado said.
Referring to the late President Hugo Chavez, who was elected in 1999 and held power until his death in 2013, she said: "When the ringleader of a military coup against democracy was elected president, many thought that charisma could substitute the rule of law."
"Since 1999, the regime has dedicated itself to dismantle our democracy."
President Nicolas Maduro, in power since 2013, says U.S. President Donald Trump is trying to overthrow him to gain access to Venezuela's vast oil reserves and that Venezuelan citizens and armed forces will resist any such attempt.
In 2024, Machado was barred from running in the presidential election despite having won the opposition's primary by a landslide. She went into hiding in August 2024 after authorities expanded arrests of opposition figures following the disputed vote.
The electoral authority and top court declared President Nicolas Maduro the winner, but international observers and the opposition say its candidate handily won and the opposition has published ballot box-level tallies as evidence of its victory.
When Machado won the Nobel Peace Prize in October, she dedicated it in part to Trump, who has said he himself deserved the honour.
She has aligned herself with hawks close to Trump who argue that Maduro has links to criminal gangs that pose a direct threat to U.S. national security, despite doubts raised by the U.S. intelligence community.
The Trump administration has ordered more than 20 military strikes in recent months against alleged drug-trafficking vessels in the Caribbean and off Latin America's Pacific coast.
Venezuela's armed forces are planning to mount a guerrilla-style resistance or sow chaos in the event of a U.S. air or ground attack, according to sources with knowledge of the efforts and planning documents seen by Reuters.
Human rights groups, some Democrats and several Latin American countries have condemned the attacks as unlawful extrajudicial killings of civilians.
Several locally-developed instant messaging applications were reportedly restored in Iran on Tuesday (20 January), partially easing communications restrictions imposed after recent unrest.
There was a common theme in speeches at the World Economic Forum on Tuesday (20 January). China’s Vice-Premier, He Lifeng, warned that "tariffs and trade wars have no winners," while France's Emmanuel Macron, labelled "endless accumulation of new tariffs" from the U.S. "fundamentally unacceptable."
Dozens of beaches along Australia's east coast, including in Sydney, closed on Tuesday (20 January) after four shark attacks in two days, as heavy rains left waters murky and more likely to attract the animals.
U.S. President Donald Trump said Washington would “work something out” with NATO allies on Tuesday, defending his approach to the alliance while renewing his push for U.S. control of Greenland amid rising tensions with Europe.
At the World Economic Forum’s “Defining Eurasia’s Economic Identity” panel on 20 January 2026, leaders from Azerbaijan, Armenia and Serbia discussed how the South Caucasus and wider Eurasian region can strengthen economic ties, peace and geopolitical stability amid shifting global influence.
Venezuela’s oil exports under a flagship $2bn supply deal with the U.S. reached around 7.8 million barrels on Wednesday, vessel-tracking data and state-run PDVSA documents show, with shipments accelerating after Washington eased its blockade — but not enough for PDVSA to fully reverse output cuts.
Azerbaijan’s State Oil Fund, State Oil Fund of Azerbaijan (SOFAZ), has signed a long-term strategic cooperation agreement worth up to $1.4 billion with Brookfield Asset Management on the sidelines of the World Economic Forum in Davos, officials said.
A senior official at the Transportation Security Administration (TSA) said on Wednesday that roughly 6% of U.S. air travellers are not presenting identification that meets stricter federal standards, as the agency prepares to start charging passengers without enhanced ID a $45 fee from 1 February.
The United States is placing renewed emphasis on regional partnerships that offer predictability, security cooperation and economic continuity as instability deepens across the Middle East and parts of Eurasia
A fire alarm prompted the partial evacuation of the Davos Congress Centre on Wednesday evening while Donald Trump was inside the building attending the World Economic Forum, Swiss authorities said.
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