If the newly elected Venezuelan National Assembly votes to cancel that country's program of subsidized oil sales to Caribbean and Central American nations, the United States will not be able to substitute U.S. oil for Venezuelan oil, a senior U.S. official warned this week.
US President Barack Obama and Cuba's Raul Castro on Friday shook hands and sat near each other at the historic Panama Summit of the Americas, a new milestone in efforts to shed decades of animosity. Obama and Castro greeted each other as UN chief Ban Ki-moon looked on, before taking their seats with other regional leaders at a Panama City convention center.