Venezuelan President Nicolás Maduro came under growing pressure Monday as the opposition announced plans for a parallel government and U.S. President Donald Trump warned of sanctions if his government moves Continue Reading
World leaders including Donald Trump urged Venezuela’s embattled president Nicolás Maduro to heed the call of his people on Monday and scrap plans for a “constituent assembly” that could dissolve Continue Reading
Voters have been queuing in the capital Caracas Venezuelans are taking part in an unofficial referendum on government plans for a new assembly that could change the constitution. Critics of Continue Reading
Norwegian energy company Statoil said Friday it extended its reach beyond Norway to acquire stakes in what could be one of South America’s biggest prizes. Statoil took a 33.3 percent Continue Reading
Record low renewable energy prices in Chile are here to stay and will likely push power prices even lower, Chile’s energy minister told Reuters, a development that would pressure the Continue Reading
Venezuela’s foreign reserves have dropped below $10bn for the first time in 15 years as chronic mismanagement, corruption and subdued oil prices continue to batter what used to be the Continue Reading
Venezuela’s crude and fuel deliveries to Cuba have slid almost 13 percent in the first half this year, according to documents from state-run oil company PDVSA viewed by Reuters, threatening Continue Reading
Venezuela’s only source of cash is quickly dwindling as the country faces mounting unpaid bills, violent political protests and citizens starving due to food shortages. Oil makes up nearly all Continue Reading
Opposition sees no double-standard in views of banks, refiners Oil companies ‘are the ones bringing cash into the economy’ The reaction was furious when word got out that Goldman Sachs Continue Reading
Five years ago, when Hugo Chávez was president and Venezuela was a much different place, Ana Margarita Rangel could still afford to go to the movies and the beach, or Continue Reading
