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Italy to deploy warships to protect shipping through Bab al-Mandeb | Global Energy Crisis News

Italy’s defence minister warns of severe economic fallout if Bab al-Mandeb becomes impassable, bypassing EU delays.

Italy will deploy warships to ensure safe passage for its commercial vessels through the Bab al-Mandeb strait, Defence Minister Guido Crosetto said, adding that Rome would not wait for a joint decision from the European Union.

“We have the capabilities to protect the passage,” Crosetto said, warning that if the waterway became impassable, the economic consequences would be severe.

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The Italian defence minister said that Rome “must not allow bureaucratic delays in decision-making to exacerbate an already complex situation”.

Bab al-Mandeb links the Red Sea to the Gulf of Aden, forming one of the world’s busiest shipping corridors between Europe and Asia and a critical route for oil, gas and container traffic heading to and from the Suez Canal.

Roughly 12 to 15 percent of global trade has historically passed through the narrow waterway, which separates Yemen from Djibouti and Eritrea on the African side and is only about 30km (19 miles) wide at its narrowest point.

The strait’s importance has grown sharply since Iran effectively seized control of the Strait of Hormuz earlier this year amid its war with the United States and Israel, choking off the world’s most important oil chokepoint and pushing much of the Gulf’s crude exports towards alternative routes.

Saudi Arabia, in particular, has increasingly relied on pipelines and Red Sea shipping to bypass Hormuz altogether, making the Bab al-Mandeb strait one of the last major arteries still open to Gulf oil reaching global markets.

Control of the strait has been contested for years, as Yemen’s government, Houthi rebels and, at times, forces in the region have held stretches of its coastline at different points since the war in Yemen began in 2015.

The significance of the strait has been hit dramatically in the past few weeks, when the Iran-backed Houthi movement launched a rapid offensive that brought the entirety of Yemen’s western Red Sea coast under its control, including several strategically located islands.

The advance has given the Houthis effectively unrestricted access to the waterway, a development seen as a major setback for international shipping, given the group’s history of attacking vessels it associates with the US or its allies in the region.

The US and the European Union have already carried out military operations aimed at better protecting merchant ships from Houthi attacks in the area, though those efforts have struggled to fully secure the route as fighting in Yemen has escalated.

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Arab News | Syria should protect minorities to stop emigration: minister

ROME: Syria’s future constitution should guarantee the equality and inclusion of all religious minorities to stem emigration, a Syrian minister told AFP on Tuesday.

“We have to have a new constitution, which includes everybody, and (in which) everybody is equal under the law,” Syria’s Social Affairs and Labour Minister Hind Kabawat told AFP.

Kabawat is the only woman and only Christian in the Islamist transition government headed up by Ahmed Al-Sharaa set up after the 2024 fall of former president Bashar Assad.

The transition parliament set up since Al-Sharaa came to power has the task of coming up with a new constitution.

Syria, a majority Sunni Muslim country, is home to one of the world’s oldest Christian communities.

There are also sizeable Alawite, Druze, Ismaili and Kurdish minorities.

The number of Christians has plunged — going down from around a million before the start of the civil war in 2011 — to around 300,000 people, according to experts.

Kabawat said the departure of Christians started long before Assad’s fall.

“I felt the acceleration since the massacres of Hama in the 1980s. Many Christians decided to leave. We used to be 15 percent, then 9 percent, then 4 percent,” she said.

Asked whether the departures had sped up since the fall of Assad, Kabawat said Syrians from different communities were still leaving.

“They’re worried, and they don’t know what kind of government this is,” she said, adding that the government needed to do more to show it was “inclusive.”

Kabawat is in Rome to meet Pope Leo XIV on Wednesday with around 20 Muslim and Christian officials from the Arab world.

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Arab News | Saudi nature reserve authority calls for curbs on overgrazing to protect Saudi rangelands

RAFHA: Saudi Arabia’s Imam Turki bin Abdullah (ITBA) Royal Nature Reserve Development Authority has warned that overgrazing is degrading rangelands within its boundaries and called for stricter adherence to sustainable grazing practices.

In a report carried by the Saudi Press Agency (SPA), the nature reserve said uncontrolled grazing strips vegetation before plants can mature and produce seed, triggering soil erosion, reduced water retention and rangeland degradation, it said.

Left unchecked, these effects speed up desertification and sand encroachment, reduce food and shelter available to wildlife, and threaten historic sites located within the reserve, the authority said.

Describing rangeland conservation as a shared responsibility, it urged herders and other stakeholders to give vegetation sufficient time to recover to preserve the ecosystem’s long-term balance.

The appeal builds on a broader regulatory push by the authority.

Uncontrolled grazing strips vegetation before plants can mature and produce seed, triggering soil erosion, reduced water retention and rangeland degradation. (ITBA photo)
Uncontrolled grazing strips vegetation before plants can mature and produce seed, triggering soil erosion, reduced water retention and rangeland degradation. (ITBA photo)

In March, it introduced an updated, fifth edition of its grazing regulations, first rolled out in January 2022, as part of a wider strategy to protect vegetation cover and biodiversity across the reserve.

Under the rules, grazing is permitted only with official authorization.

It is restricted to designated zones, time periods and livestock quotas calibrated to each pasture’s carrying capacity, the authority has said.

The regulations also expand grazing areas around villages and settlements inside the reserve and establish buffer grazing belts on its periphery, in response to requests from local communities.

They bar tree-cutting, logging and off-road vehicle use.

The authority has said it enforces the rules through patrols and monitoring systems, with legal action taken against violators.

The reserve authority has pointed to improving environmental indicators as evidence its conservation programme is taking effect.

It reported a 76.2% drop in the frequency of dust storms within the reserve during 2026 compared with previous levels.

The Imam Turki bin Abdullah Royal Nature Reserve Development Authority has reported a sharp drop in the frequency of dust storms within the reserve in 2026,]. It attributed the decline to expanded vegetation cover, reduced soil erosion and broader land-restoration efforts. (ITBA photo)
The Imam Turki bin Abdullah Royal Nature Reserve Development Authority has reported a sharp drop in the frequency of dust storms within the reserve in 2026,]. It attributed the decline to expanded vegetation cover, reduced soil erosion and broader land-restoration efforts. (ITBA photo)

The authority attributed the decline to expanded vegetation cover, reduced soil erosion and broader land-restoration efforts.

Established by royal decree in 2018, the Imam Turki bin Abdullah Royal Reserve spans some 91,500 square kilometers in northeastern Saudi Arabia.

It stretches across parts of the Jawf, Qassim, Hail, Northern Borders and Eastern regions. Prince Turki bin Mohammed bin Fahd bin Abdulaziz chairs the authority’s board of directors.

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U.S. Air Force Seeks Anti-Aircraft Guns To Protect Its Overseas Bases

The U.S. Air Force is seeking anti-aircraft gun system to help defend its air bases around the world from drones and cruise missiles. The Request for Information (RFI) about these systems, posted on the government’s contracting website on Thursday, is part of a larger Air Force effort to play a greater role in air base defense via ground-based air defenses (GBADs), a capacity traditionally performed by the Army. As a result, the Air Force currently has no such systems. Now it is interested in changing that.

The request comes as the war against Iran exposed gaps in how the U.S. can provide effective, sustained air defenses for its foreign installations and amid concerns about a future fight against a peer competitor like China or Russia.

“The Government is conducting market research to identify potential industry sources capable of providing solutions for a Ground-Based, Medium-Caliber Gun Weapon System that fires affordable munitions, enables defense against air and missile threats with an initial focus on subsonic cruise missiles (CM) and Unmanned Aircraft Systems (UAS) to provide persistent defense in support of [the] United States Air Force,” the RFI notes.

The RFI doesn’t stipulate what it considers a medium-caliber round; however, according to the Army, the list includes 20mm, 25mm, 30x113mm, 30x173mm and 40mm shells.

“To effectively assess and compare air defense weapon system performance, there are 15 critical baseline operational and technical parameters that must be analyzed in unison,” the RFI explains.

(Air Force Request for Information)

“These key metrics begin with the system’s Salvo Probability of Kill (Pk) evaluated against both Cruise Missiles (CM) and Unmanned Aircraft Systems (UAS) Groups 1-5 at maximum range and altitude, ensuring robust lethality against diverse modern threats,” the RFI notes.

A salvo probability of kill measures how effectively a salvo, as opposed to a single shot, defeats a target. 

The following chart displays the weight, normal operating altitude and speed of the five drone group classifications.

(Congressional Research Service chart of Group 1 through 5 drones)

The Air Force wants this system to be “rapidly deployable, maintaining a lightweight, modular, and transportable footprint that can be swiftly projected into austere theater environments to meet emergent threats.” The RFI does not provide further details of how the Air Force is looking to transport these systems; however, the service relies on its fleets of C-130 Hercules, C-17 Globemaster III and C-5 Galaxy transport aircraft to move equipment. The size and weight of the systems determines which kind of aircraft can transport it.

These systems could also be moved by truck or ship or on their own if self-propelled, but those options also incur a cost in terms of the timeliness of delivery, and can be impossible for rapid global deployments.

U.S. Army Soldiers from the 1st Battalion, 7th Air Defense Artillery Regiment, 108th Air Defense Artillery Brigade, load equipment and trucks onto a C-17 Globemaster III with U.S. Air Force Airmen assigned to the 21st Expeditionary Airlift Squadron at an undisclosed location in the CENTCOM Area of Operations, Dec. 31, 2023. U.S. Army air defense artillery batteries are highly mobile, capable of deploying swiftly across the globe to support and defend U.S. troops and partners. (U.S. Army photo by Sgt. Christopher Neu)
U.S. Army Soldiers from the 1st Battalion, 7th Air Defense Artillery Regiment, 108th Air Defense Artillery Brigade, load equipment and trucks onto a C-17 Globemaster III with U.S. Air Force Airmen assigned to the 21st Expeditionary Airlift Squadron at an undisclosed location in the CENTCOM Area of Operations, Dec. 31, 2023. (U.S. Army photo by Sgt. Christopher Neu) Staff Sgt. Christopher Neu

A key point of evaluation will be the overall cost of the munitions. The Air Force wants to ensure that the shell’s velocity and terminal effects “are maximized without driving the cost-per-engagement to unsustainable levels or exceeding the physical constraints of the host platform,” the RFI states. We’ll discuss these factors in more detail later in this story.

The service is also looking for the integration of “the right mix of radar, electro-optical, infrared, or radio-frequency sensors—to ensure reliable target acquisition and tracking across varying weather conditions, environments, and countermeasure scenarios.”

As we noted at the top of this story, the Air Force is seeking to improve its organic ability to defend its bases. This has become “an increasingly high priority” for the service, Air Force Secretary Troy E. Meink told Congress on May 20.

“The Air Force is developing organic air and missile defense capabilities, including Counter-small Unmanned Aircraft Systems (C-sUAS) to defend our air bases in all theatres [sic],” Meink stated in his written testimony. “The fielding of the Air Base Air Defense Systems (ABADS) missile defense capability, including kinetic defenses, at overseas main operation bases contributes to joint layered defense but does not reduce the need for increased joint investment in air and missile defense. We will continue to work judiciously for the development and procurement of these critical defensive capabilities.”

(Written testimony of Air Force Secretary Troy E. Meink)

In its Fiscal Year 2027 budget request, the Air Force is seeking about $1.4 billion for a missile defense variant of the Air Base Air Defense Systems (ABADS), according to Air & Space Forces Magazine. In addition, the Air Force also requested $51.8 million in procurement funds for its Small Unmanned Air Defense Systems (SUADS) in Fiscal Year 2026, according to the Air Force Fiscal Year 2026 budget justification book. 

The war against Iran and the Ukraine war have, in particular, illustrated the challenges of defending against drones and cruise missiles.

Iran launched thousands of these weapons against U.S. air bases and a wide range of critical infrastructure targets in Bahrain, Israel, Iraq, Jordan, Kuwait, Qatar, Saudi Arabia and the United Arab Emirates. It also launched hundreds of ballistic missiles.

Taken in concert, these attacks have resulted in the deaths of at least nine U.S. troops, more than 760 injuries and the destruction of aircraft, radars and other critical equipment as well as widespread damage to the Middle Eastern nations Iran has targeted.

Concerns about the tremendous expenditure of U.S. interceptors exacerbating the stress on America’s magazine depth of these high-end defensive weapons are an issue that TWZ has raised frequently for years.

There are two facets to potential use of gun systems for base defense. The first is that in complex air defense environments, it provides an inner, last line of defense against incoming threats. If the outer layers fail to take down the target or that target is not considered a priority over others, a hard-kill gun system offers a predictable and relatively reliable fallback. The gun system would become even more important if interceptor stocks run low, even temporarily, and those weapons need to be rationed for higher-end threats. With the outer defensive rings collapsing, the inner becomes far more important.

For small drones, that interceptors would not be effective anyway, the gun system can take them down in localized air defense scenarios. Then there is also defending bases in lower threat areas where there are not additional layers of SAM systems. A gun system can provide a core aerial defense against lower-end, lower-density drone and cruise missile threats without costing huge sums of money or requiring a huge logistical footprint.

Beyond that, there is a direct cost comparison argument, but again, that is in a vacuum and a gun system cannot take the place of a multi-layered air defense system without inviting huge risk. Still, the engagement cost comparison is worth mentioning.

High-end, expensive, difficult-to-manufacture air defense weapons, like Patriot PAC-3 MSE, are clearly inefficient against drones. For instance, a mass-produced Iranian Shahed-136 can cost about $35,000 to $50,000, while a Patriot PAC-3 can run about $5 million and takes years to procure. By comparison, the cost-per-engagement efficiency of gun-based air defense systems, designed to defend against drones and subsonic cruise missiles, is far greater. One example of how this plays out is the cost of firing the Army’s Centurion Counter-Rocket, Artillery, Mortar (C-RAM) system. It is a ground-based version of the Phalanx Close-In Weapon System (CIWS) used on various U.S. and foreign warships, and is armed with a six-barrel 20mm Vulcan Gatling-type cannon firing M940 rounds. Those self-destructing rounds currently have a price tag of $80.70, according to the Army’s Fiscal Year 2025 budget request. This means a two-second burst from a Centurion, at a rate of fire of 4,500 rounds per minute, would cost just over $12,100.

C-RAM Test Fire thumbnail

C-RAM Test Fire




Again, this is not a strict apples-to-apples comparison, but it can become a bigger factor during prolonged conflicts when high-end weapons stocks begin to run short. It’s also worth noting that drone interceptors are a rapidly growing capability set that are a lower-cost option for swatting down one-way attack drones and even some cruise missiles. Systems like Coyote have been in service for years with the Pentagon and have been protecting bases overseas with strong results. Even cheaper systems are emerging out of lessons learned in Ukraine. All of these systems have their own advantages and disadvantages, but pairing them with a new gun system would likely have synergistic effects. Overall, deploying densely layered short-range air defenses is becoming increasingly important in its own right, at least in high-threat areas.

Ukraine has a great deal of experience with the costs and prioritization of air defense capabilities. The country faces daily attacks by Russian missiles and drones, which is causing mounting casualties and destruction. This ceaseless bombardment has almost completely depleted Ukraine’s supply of Patriot interceptors, leaving it largely defenseless against ballistic missiles. As we noted yesterday, Ukraine is also running short of air-to-air missiles its Air Force F-16s use to swat down drones.

EXCLUSIVE: Ukraine F-16 Pilots Rationing Missiles as Russian Attacks Intensify | NEWSMAX2 thumbnail

EXCLUSIVE: Ukraine F-16 Pilots Rationing Missiles as Russian Attacks Intensify | NEWSMAX2




However, Ukraine has also relied heavily on a wide array of gun-based air defense systems, including the German-made Gepard self-propelled anti-aircraft guns (SPAAG). Based on the chassis of the Leopard 1 main battle tank, Gepards feature twin radar-aimed 35mm automatic cannons, mounted on a single turret. The German variant sports an S-band search radar and a Ku-band tracking radar. These radars are critical to the Gepard’s ability to locate, track, and engage targets at night and amid poor weather conditions.

The success of the Gepards in Ukraine have helped spur new global interest in SPAAGs.

The following video shows a Gepard blasting an Iranian-made Shahed-136 out of the sky.

The Air Force force is also looking at directed energy weapons like lasers for force protection and especially for defending bases overseas. While gaining traction across the services due in large measure to the much lower cost of delivering effects, these systems are still works in progress. Gun-based air defenses, on the other hand, are mature and proven and modern precision-guided, programable ammunition makes them even more efficient and effective.

Beyond the cost, high-end air defense systems — including their component sensors — though portable, are generally fixed to a specific location. That makes them vulnerable to attack. This has been the case in both the war against Iran and Ukraine. The same concerns hold true of aircraft. Both conflicts have shown aircraft vulnerability to drones when parked out in the open. Ukraine’s Operation Spider Web attack on Russian strategic bombers last year in particular shed light on this issue, which we have been sounding the alarm a long time.

For years now, U.S. military officials have often pushed back on the utility and cost-effectiveness of investing more in the physical hardening of bases and other critical facilities, especially shelters to shield aircraft from drones and other threats. However, that is beginning to change. In February, the Pentagon released new guidance about hardening, which “does not mean enclosing an entire facility, but selectively introducing obstacles that disrupt predictable aerial access,” the document explains. “Even modest obstacles can deter low-cost, consumer-grade drones and force higher-risk flight profiles.”

In addition to these challenges, the Air Force is also facing the headwinds of an overall lack of U.S. short-range air defense capabilities, a concern we have been highlighting for years. Currently, there are three gun-based SHORAD systems being fielded by the U.S. military. These include the aforementioned Centurion C-RAM systems.

The Army also uses the Sgt. Stout, an air defense system based on the 8×8 Stryker light armored vehicle. The Sgt. Stout has a turret that can be fitted with up to two four-round launchers for Stingers. Those launchers can also be swapped out for ones that can be loaded with a pair of millimeter-wave radar-guided AGM-114L Hellfire missiles. The turret also has a 30mm XM914 automatic cannon, which can fire proximity-fuzed airbursting rounds against drones and other aerial threats, and a 7.62x51mm M240B machine gun.

Soldiers assigned to 4th Battalion, 60th Air Defense Artillery Regiment conducted a live fire exercise with the SGT STOUT (Stryker A1 M-SHORAD) vehicle in Fort Sill, Oklahoma, Sep. 23, 2025. The SGT STOUT vehicle provides lethal, mobile, and survivable air defense against an array of aerial threats for the "Fighting Aces" Regiment. (U.S. Army photo by Cpl. Emaney Wilson)
Soldiers assigned to 4th Battalion, 60th Air Defense Artillery Regiment conducted a live fire exercise with the SGT STOUT (Stryker A1 M-SHORAD) vehicle in Fort Sill, Oklahoma, Sep. 23, 2025.
(U.S. Army photo by Cpl. Emaney Wilson) Cpl. Emaney Wilson

The Marine Air Defense Integrated System (MADIS) is armed with 30mm cannons and M240C coaxial machine guns in remote weapon stations (RWS). The RWS on one of the two vehicles is also configured to fire Stinger missiles for a spectrum of ground-based air defense scenarios.

U.S. Marines with 12th Littoral Anti-Air Battalion, 12th Marine Littoral Regiment, 3rd Marine Division, fire a XM914 30mm chain gun mounted on a Marine Air-Defense Integrated System during a live-fire range at Camp Schwab, Okinawa, Japan, July 28, 2026. The MADIS is the U.S. Marine Corps’ advanced mobile air defense system designed to detect, track, and neutralize drones and low-altitude aircraft using missiles, cannons, and electronic warfare. (U.S. Marine Corps photo by Lance Cpl. Skilah Sanchez)
U.S. Marines with 12th Littoral Anti-Air Battalion, 12th Marine Littoral Regiment, 3rd Marine Division, fire an XM914 30mm chain gun mounted on a Marine Air Defense Integrated System during a live-fire range at Camp Schwab, Okinawa, Japan, July 28, 2026. (U.S. Marine Corps photo by Lance Cpl. Skilah Sanchez) Lance Cpl. Skilah Sanchez

The Army may have additional gun-based systems on the way. In July, the service put out a request for information to companies that can provide a new gun-based air defense option, using a 50mm cannon system to track and defeat Group 1, 2 and 3 drones.

A few weeks later, Northrop Grumman introduced its Raid Hunter 50mm GBAD system, which it said “combines proven Chain Gun® technology, precision‑guided 50mm ammunition and a networked, interoperable system controller to deliver powerful protection against high-volume, mixed-threat aerial raids. It is designed to defeat a range of aerial threats including high‑priority cruise missile threats, unmanned aerial systems (UAS), and other advanced threats.”

There are foreign options should the Air Force want to go that route. For instance, German arms maker Rheinmetall makes the popular Skyranger 35 gun system, which is a turret that can fit on a wide array of armor hulls.

The Skyranger 35 “is equipped with a KDG 35/1000 revolver cannon in 35 mm x 228 caliber with a firing rate of 1,000 rounds per minute,” according to Rheinmetall, which began delivering these to Ukraine in January. “It has an effective range of up to 4,000 meters and a high degree of commonality with the Oerlikon Revolver Gun Mk 3. Thanks to AHEAD technology, the Skyranger 35 is airburst-capable. In the future, it will also be possible to equip it with modern guided missiles.”

Skyranger 35s mounted on Cold War-era Leopard 1 tanks have just emerged on the battlefield for Ukraine.

You can see a video of that system below.

Skyshield is the fixed placement cousin of this system and has been bought by a number of nations

NBS C-RAM Nächstbereichschutz Camp Protection Skyshield Sensor Unit GDF020 BFZ
Skyshield (Rheinmetall)
Rheinmetall Air Defence: Ahead - Highly effective, programmable ammunition thumbnail

Rheinmetall Air Defence: Ahead – Highly effective, programmable ammunition




This is just one example of a large number of potential offerings that could fit the USAF’s interests, from both domestic and foreign origins.

As we discussed earlier in this story, the U.S. is already facing a challenge defending against Iranian threats. A war with China would be more devastating and, when it comes to the Air Force protecting its bases, require far more robust defenses. At the same time, the Air Force is still very early in the process of taking on more responsibility for protecting its assets.

Parties have until 5 p.m. Oct. 9 to submit their proposals to the Air Force for a gun-based air defense system. With limited options and the service pushing to address its growing desire for organic air defenses, it will be interesting to see who comes forward and what systems they offer. We will provide more details about this effort when they become available.

Contact the author: howard@twz.com

Howard is a Senior Staff Writer for TWZ. He writes frequently about conflict, focusing heavily on the Middle East and Ukraine, and interviews with military and intelligence officials and industry leaders from around the globe. He lives near Tampa, Florida, home of U.S. Central Command, U.S. Special Operations Command.


Tyler’s passion is the study of military technology, strategy, as well as foreign policy, and he has fostered a dominant voice on those topics in the defense and national security space. Tyler was the creator of the hugely popular defense site Foxtrot Alpha before developing TWZ, which he continues to lead as the Editor-In-Chief to this day.




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Venezuelan Parliament Approves Law to ‘Protect’ Real Estate Developers

Venezuelan authorities have looked to address the post-earthquake housing needs by granting benefits to the private sector. (National Assembly)

Caracas, August 22, 2026 (venezuelanalysis.com) – The Venezuelan National Assembly unanimously approved on Friday the Law on the Promotion and Protection of Housing Construction, a reform establishing updated rules for the construction and commercialization of residential properties.

The legislation, which replaces the Law Against Real Estate Fraud from April 2012, consists of four chapters and 40 articles establishing rules for purchase and sale contracts, construction company responsibilities, and oversight mechanisms under the Ministry of Housing and Habitat.

“This is a law that protects real estate developers and companies dedicated to housing construction while also protecting homebuyers so they can gain access to housing quickly and preventing any situation that undermines their right to acquire a home,” National Assembly President Jorge Rodríguez said on social media.

The initiative was backed by opposition parties alongside the ruling United Socialist Party (PSUV). COPEI deputy Miguel Salazar stated that the legislation creates “great expectations” and “strengthens the legislative ecosystem that protects the real estate sector.”

The law has been sent to Acting President Delcy Rodríguez for final approval before being published in the National Gazette.

The newly endorsed legislation establishes a series of conditions for real estate developers to meet before beginning to pre-sell housing units, including proof of land ownership, municipal approval of the preliminary project, and mechanisms to protect funds contributed by buyers.

The law also establishes a unified registry for real estate projects and provides a financial protection mechanism. Funds deposited through an escrow arrangement may only be released once the development has obtained the corresponding permits. Companies must also detail the characteristics of the homes and the construction schedule in each contract.

The law also establishes fines for delays in submitting documents, permit failures, non-compliance with regulations, and violations of preventive measures, among other offenses.

At the same time, the legislative project establishes incentives for private sector constructors such as greater flexibility to set prices, an end to a prior existing 24-month deadline for completing certain projects, and modified conditions benefiting sellers should buyers fail to make payments.

The bill also eliminated the lending banks’ liability in case the real estate project is not completed. For buyers, the change removes one of the parties they could potentially hold accountable in case the purchased home is not delivered.

Venezuelan authorities have moved to improve conditions for private real estate companies and landlords in the wake of the 7.2 and 7.5 earthquakes that struck Venezuela on June 24, leaving some 17,900 people homeless, particularly in La Guaira state. On July 14, National Assembly President Jorge Rodríguez estimated that 25,000 homes would be needed to accommodate those who lost their houses.

The government has assigned 335 apartments to displaced families since the earthquake. Acting President Rodríguez has pledged to deliver 4,000 homes before December and reach 10,000 by the end of 2027. Venezuelan authorities have likewise created a credit program for housing purchases and provided loans to condominium boards for repair works.

The legislative initiative favoring real estate developers came on the heels of the Residential Property Lease Law approved on July 31. Authorities presented the project’s goal as improving conditions for landlords to put their properties on the market.

The law allows landlords and tenants to freely and independently establish contractual terms and rental rates and sidelines the state’s housing superintendency SUNAVI. The bill allows rents to be paid in national or foreign currency and establishes a three-month rent limit for deposits.

In addition, landlords and tenants have access to multiple mediation mechanisms, including conciliation centers, arbitration, the intervention of local peace justices, or municipal court proceedings. Tenant organizations had recently denounced recurrent landlord practices of bringing trespassing criminal charges as a way to force evictions.

At the same time, the new law acceded to a long-time demand from real estate lobbies in fast-tracking evictions. Landlords can rescind the rental agreement if tenants are two months behind on rent, have illegally sublet the property, or have given it a different use than the one agreed to, among other conditions.

The 2011 law regulating housing leases, which was approved by former President Hugo Chávez and is highly protective of tenant rights, remains valid for existing contracts, while all rentals signed in the future will be governed by the new law. However, local media have reported on a spate of evictions after the new law was enacted.

Edited by Ricardo Vaz in Caracas.



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