MARKET VALUE OF VENEZUELAN GOVERNMENT JUNK BONDS INCREASES TO 40-50%, AFTER THE COUNTRY'S FINANCE MINISTER ANNOUNCES A "COMPREHENSIVE AND ORDERLY PROCESS" FOR RESTRUCTURING SOVEREIGN AND OIL COMPANY DEBT

Venezuelan government bonds, of which approximately USD$150bn are in default, are to be exchanged for new government obligations, according to an announcement made on May 13, by the country's Economics and Finance Ministry. On the basis of this positive official news, the market value of the bonds has reportedly soared to as high as 50% of face value, according to speculators known to be investing in those instruments. Previously, the market only supported 20-30% sales.

The ministry spokesman stated that holders of the bonds would most likely have to take an up to fifty per cent "haircut," or discount, when the replacement bonds are exchanged for the original instruments, which will have a 10-20 year maturity; more details are expected to be released later this month.

WHAT EFFECT WILL THE COLOMBIAN PRESIDENTIAL RACE RUNOFF HAVE ON ALEX SAAB MORAN'S COOPERATION WITH U.S. AUTHORITIES?

Attorney ABELARDO DE LA ESPRIELLA has received 43.9 % of the votes in the recent election, making him the probable next President of Colombia; The runoff election is scheduled for June 21. Of interest to observers of the pending Federal case against the accused money launderer, ALEX SAAB MORAN, is the fact that he was the lawyer for Saab for many years in Colombia.

Given that Saab is facing a very long prison sentence in his pending Miami case, with the strong possibility of a second indictment, there is a strong likelihood that he will wisely choose to render substantial assistance to US law enforcement, especially regarding his previous Caribbean money laundering and terrorist financing operations; the issue is just how far his cooperation will reach. That unknown is reportedly making several senior government officials in the Eastern Caribbean states very uneasy at the moment.

A complicating factor is a case against him pending in Colombia, since 2018. With De La Espriella's likely election, and given his longtime relationship with Saab, it is definitely possible that he could drop those charges, and accept Saab after his eventual release from an American prison, which would insulate him from the Caribbean leaders he testified against. It is also possible that Saab's arrangement with the DOJ could result in a short sentence, as a favor to Colombia's new President, who is a known supporter of the Trump Administration.

All of those could be very bad news for the individuals who facilitated Saab's money laundering in Antigua and Dominica, including those in both the public and private sectors. If something more favorable to Saab is the end result of his Federal criminal case, it will be interesting to see if it due to political, and not legal, factors.

LET'S LOOK AT ALEX SAAB MORAN'S LONG HISTORY OF COOPERATING WITH U.S. LAW ENFORCEMENT, WHEN ASKING WHETHER HE WILL GIVE UP HIS MONEY LAUNDERING RELATIONSHIPS IN ANTIGUA AND DOMINICA

Readers having doubts regarding whether ALEX SAAB MORAN is likely to give evidence against the leaders of Antigua and Dominica may want to understand what has gone on before. Individuals facing long terms in Federal Prison for money laundering often wisely choose to become what are known as Cooperating individuals, or CIs, with U.S. law enforcement agencies, to mitigate the length of their ultimate sentence. This cooperation is generally rendered very privately, for CIs correctly fear not only violent retaliation from those against whom they give incriminating evidence, they also are concerned about rumors of their cooperation affecting their ongoing businesses and assets. Therefore, they conceal it as best they can, although sometimes details subsequently slip out into the public domain, or are released during court proceedings,

Regarding the Colombian money launderer, who was a close associate of the now detained and indicted former Venezuelan President NICOLAS MADURO MOROS, filings in U.S. District Court unsealed during court proceedings tracked Saab's extensive history as a cooperator. During 2016, Saab is known to have participated in two debriefings with the DEA or FBI, during meetings conducted covertly in Bogota.

There were what have been described as continued discussions until 2018, when he executed a cooperating source agreement, making him an active, documented informant. He thereafter supplied both information and criminal profits totaling several million dollars, to the DEA in Europe, but later unilaterally terminated his cooperation early in 2019, and subsequently declined to voluntarily surrender to United States law enforcement, resulting in his formal termination as a CI, and indictment on money laundering charges later in 2019.

Given his history as a cooperator, and his present exposure to a twenty year sentence (he is 54 years old), it is reasonable to assume that he will resort to assisting American law enforcement in the investigation and indictment of individuals who he worked with, while laundering narcotics proceeds, and the proceeds of corruption, into and through Antigua and Dominica. The senior leaders of both of those Caribbean states, who facilitated his money laundering operations, are the logical targets of his cooperation.

WHAT IS THE PRIME MINISTER OF ANTIGUA AND BARBUDA DOING WITH ALL THESE SHELL COMPANIES??

According to a reliable Antiguan businessman, with inside information, Prime Minister GASTON BROWNE owns and controls all these shell companies. We would surely like to know how he can find the time to run the affairs of Antigua, the reason that he was elected to public office, whilst carrying all these corporations in his personal portfolio. Perhaps someone might like to ask him, during his next press conference.

1. A & B GLOBAL DEVELOPMENTS LTD.
2. A & B GLOBAL INVESTMENTS LTD.
3. SECURITY COMPANY LTD.
4. A & B COMMERCIAL CONSULTANCY LTD.
5. A & B INVESTMENTS DEVELOPMENT LTD.
6. GLOBAL DUTY FREE LTD.
7. CARIBBEAN ROYAL COMPANY LTD.
8. GLOBAL ENTERPRISE HOLDING LTD.
9. GLOBAL RESL ESTATE LTD.
10. GLOBAL ENERGY LTD.
11. CARIBBEAN CIGARETTE LTD.
12. CARIBBEAN TOBACCO LTD.
13. CARIBBEAN E CIGARETTE LTD.
14. A & B DEVELOPMENT FUND LTD.
15. A & B INTERNATIONAL INVESTMENT GROUP LTD.
16.A & B INVESTMENT HOLDING LTD.

WILL A SAINT LUCIA MINISTER, FALSELY CHARGED WITH NARCOTICS TRAFFICKING BY PHILLIP J. PIERRE AND KENNY ANTHONY, WREAK HIS REVENGE UPON THE PRIME MINISTER AND THE CORRUPT SLP?

PM Phillip K. Pierre

Once upon a time, senior Saint Lucia Labour Party officials KENNY ANTHONY and PHILLIP J. PIERRE falsely accused a rival politician, the current SLC Minister Richard Frederick, of narcotics trafficking, resulting in the loss of Frederick's U.S. visa, by Secretary of State Hilary Clinton. Frederick's attorney at the time, now a prominent former attorney for Donald Trump, was appointed a Counselor to the Attorney General of the United States in April, which is an extremely powerful and influential position in the DOJ. We trust you understand the political implications regarding Minister Frederick; he may now want to extract payback for that backstabbing.

Kenny Anthony

We are hearing rumors that Frederick, who understandably wants his visa status restored, will be cooperating with the DOJ, regarding PJP, who is now the sitting Prime Minister of Saint Lucia, involving alleged money laundering and corruption, particularly as it pertains to China's role in the Citizenship by Investment (CIP) program, as well as corruption in the Saint Lucia Labour Party (SLP). We will be closely watching future developments in this matter, and report back to our readers on all developments. Meanwhile PM Pierre might want to consult with one of Miami's better criminal defense attorneys, in an overabundance of caution, lest he too receive a visit from U.S. Navy SEALS at home one night.

MONTREAL MANAGEMENT FAILS TO INCLUDE RANGE FROM ITS DISMISSAL OF THE CONTROVERSIAL SUIT AGAINST THE GOVERNMENT OF THE COMMONWEALTH OF DOMINICA; ERROR OR DECEPTION?

We have been closely analyzing certain unusual aspects of the "Notice of Discontinuance," which amounts to a voluntary dismissal, without prejudice, in the MMCE action against the Government of Dominica, and others, alleging that Montreal Management owns and holds a monopoly on CBI projects in the Caribbean state. Our previous article disclosed that the Government was still a party to the pending action, and therefore not dismissed from the case, as the MMC Press Release appeared to intimate. Confusing? you bet it is.

We find that to be disingenuous, and misleading. See WE UNSCRAMBLE THE DISINFORMATION FROM MONTREAL MANAGEMENT REGARDING ITS DOMINICA LITIGATION
https://lnkd.in/ecniauPD
and THE REAL STORY BEHIND HOW MMCE TRIED TO OBTAIN A CBI MONOPOLY IN DOMINICA, AND THAT THE BATTLE IS NOT OVER
https://lnkd.in/eVZ9cNxt

Further analysis reveals something even more disturbing; the principal Range Dominica corporate entity, RANGE DEVELOPMENT PARTNERS (DOMINICA) LIMITED, was NOT dismissed from the civil litigation, although one other Range entity (Range Marina Developments Ltd.) was dropped on May 22, 2026, in the Notice. 

We cannot attribute this to a scrivener's error, as attorneys always carefully draft such pleadings. What on earth is going on with this litigation? Some defendants are dismissed, yet others technically remain in the case. Who is seeking to fool whom here? More to follow.

WILL CUBA BE FORCED TO GIVE UP THE HUMAN TRAFFICKING OF PHYSICIANS AND MEDICAL STAFF TO THE CARIBBEAN?

As history appears to be repeating itself (cf. Gunboat Diplomacy, circa 1898), with an American armada of warships cruising in racetrack patterns just of the coast of Cuba, plus drones flitting continuously over its territory, we wonder aloud whether the Trump Administration will, as part of any negotiated arrangement with Cuba's autocratic leadership, force the country to terminate what is essentially a human trafficking operation in the Eastern Caribbean. The American position is that the onerous conditions surrounding the placement of Cuban doctors and media staff to the Eastern Caribbean states has been, and is, Human Trafficking, and that it must cease forthwith.

Given the reluctance of both Cuba and several of the Caribbean states that are recipients of these services, which the U.S. holds is little more than indentured servitude, bordering on legalized slavery, to cease this arrangement, America has taken a strong position. Will it be a major factor in any Trump deal with Cuba's leaders? We believe it will.

What the effect will be on the availability of medical care in the Eastern Caribbean states, whose own nationals who become doctors often end up abroad permanently, we cannot say, but they may have to make hard choices if they want adequate levels of care for their citizens.

Given that, at present, and due to in part to severe energy shortages, there is presently a backlog of 100,000 Cubans waiting for surgery, including 12,000 children. Perhaps the Cuban Government might consider recalling the all doctors that they have dispatched abroad, in exchange for hard currency, so that they can care for their needy patients at home. It's high time to repatriate them; take care of your own first.

ANOTHER FEDERAL INDICTMENT AGAINST NICOLAS MADURO IS EXPECTED, THIS TIME TO BE BROUGHT IN MIAMI, INVOLVING FINANCIAL CRIME; WHO ELSE WILL BE NAMED?

The latest news from Miami is a pending Federal criminal investigation of former Venezuelan President NICOLAS MADURO MOROS, who is already in custody in the existing SDNY case. Media reports state that the Miami investigation, which was initiated after Maduro arrived in New York earlier this year, concerns financial crime, and involves significant money laundering in the United States. A senior Miami prosecutor is said to be supervising the case. A number of major Venezuelan laundrymen have already gone through the criminal justice system in SDFL, and they could supply first-hand knowledge or evidence against Maduro, as Cooperating individuals seeking a sentence reduction.

PM Gaston Browne

ALEX SAAB MORAN, himself in custody in Miami's Federal Detention Center, which houses pretrial inmates, and probably looking at a life sentence, will most certainly be a principal witness against the former president of Venezuela in this new, as yet unfiled, case against the dictator, but the mystery is who else will be named in that future indictment. Saab transited a major portion of the narcotics profits that he cleaned for Maduro's criminal organization through financial institutions in Antigua and Barbuda, where he had diplomatic status as Economic Envoy, which was granted by Prime Minister GASTON BROWNE, and where he enjoyed special status. Will any Antiguan government official banker, or attorney be named in the new Miami financial crime case? We cannot say, but we will be watching.

CUBA'S FOREIGN MINISTER DENIES THE EXISTENCE OF CHINESE,RUSSIAN AND IRANIAN INTELLIGENCE COLLECTION FACILITIES PROVIDING SURVEILLANCE ON THE UNITED STATES; WILL THEY BE TARGETED?

In a recent interview broadcast on American media, the Minister of Foreign Affairs of Cuba, BRUNO RODRIGUEZ PARRILLA, flatly denied that America's autocratic adversaries, China, Russia and Iran, maintained intelligence listening posts inside his country, for the purposes of conducting electronic surveillance of signals intelligence (SIGINT) on the United States. The Deputy Minister of Foreign Affairs, Carlos Fernandez de Cossio, also denied the existence of listening stations on Chinese military bases on the island, notwithstanding widely published photographs of four such sites.

Given the position of the Trump Administration, through its Cuban-American Secretary of State, Marco Rubio, regarding the necessity for reform, if not regime change within Cuba, are these espionage facilities primary targets of the United States, and if attacked and shuttered, what will be response of the countries operating these supposedly non-existence bases; Silence? They cannot admit that they exist.

Perhaps America's enemies might want to look at the record, when considering whether to quietly withdraw these listening posts; Since September 2025, the American military has sunk 58 vessels in the region suspected of engaging in narco-terrorism, and killed 194 crew members on board those ships. Should they not withdraw their staff, and close down the facilities, slinking off ahead of what will most certainly be American efforts to erase what are regarded as unacceptable foreign intelligence operations?

The United States has repeatedly warned Cuba that allowing these electronic surveillance bases is unacceptable; they provide America with a powerful reason for military intervention, and all know how that will end; ask Nicolas Maduro Moros.

MIAMI'S MONEY LAUNDERERS ARE PARTYING LIKE IT'S 1980, AFTER THE TREASURY SECRETARY TOUTS A USD$250 BIL

Miami money launderers, where Bulk Cash Smuggling is revered by its resident drug money launderers as the perfect instrument to evade reporting requirements, must still be celebrating this morning, in an all-night champagne party, after the Secretary of the Treasury held up a proposed Trump USD$250 note. Doesn't he realize that any bill denominated over $100 is pure success for the money laundering industry?

Who does he think owns and holds all the €500 notes inside the EU? That item is a favorite tool of Euro-laundrymen, and most of them are currently located within Spain, where they are legendary performers. Before the EU adopted the Euro, I went on record warning that this large note would end upo in their hands; if you look, you can still see my blunt warning online, which I delivered to the UK press more than two decades ago. Nobody in Brussels listened, and look at the result. Europe is stil trying to fix that colossal mistake in judgment. 

The larger the value of paper currency, the easier it is to bulk cash smuggle it through international borders, within consumer goods being exported, and even inside or on human beings. As a practising money launderer for a decade, I moved bulk cash weekly into the Tax Havens of the Caribbean, and was never detained or interdicted in the act. Do we really want to see an explosion of Bulk Cash Smuggling, back bigger than before?

I beseech the Treasury Department to forthwith withdraw this crazy proposal, before it gains any momentum. A $250 bill would seriously set back anti-money laundering, bringing back the ineffective "Miami Vice" days of the 1980s, but with a vengeance; Do not allow this folly to proceed, please. This old money launderer knows better.