The consortium designing and building the Panama Canal’s new set of expanded locks says they are working at full capacity and ready to receive their first ships. Grupo Unidos por Continue Reading
Venezuela is running out of just about everything. Food, medicine, electricity, toilet paper, condoms — you name it. And over the weekend at least two large international airlines — Lufthansa Continue Reading
As Venezuela drowns in debt and takes its state-run oil company, PDVSA, down with it, Reuters is reporting that BP has over 2 million barrels of oil stuck at a Continue Reading
Lufthansa has cancelled the only flight between Germany and Venezuela, underlining the worsening conditions and growing isolation of the South American country. The German airline has flown from its Frankfurt Continue Reading
Oh, that men should put an enemy in their mouths to steal away their brains.Nicolás Maduro’s stint as president of Venezuela has had Shakespearean overtones from the start. Ascending to Continue Reading
On one side, under the burning midday sun of Maracay in north-central Venezuela, hundreds of angry people have been waiting in line since 4am to buy food. On the other Continue Reading
Venezuela’s gold reserves have plunged to their lowest level on record after it sold $1.7bn of the precious metal in the first quarter of the year to repay debts. The Continue Reading
As U.S. gas exports ramp up, new route will slash time to Asia A century after transforming global markets, the Panama Canal is about to redraw world trade once again. Continue Reading
NUMEROUS GOVERNMENTS, including the Obama administration, last week called for political negotiations in Venezuela to head off an incipient and potentially catastrophic breakdown of political and economic order. Former Spanish Continue Reading
The Venezuelan economy is melting down, leading to a growing humanitarian crisis . Electricity shortages and a general shortfall in investment are also putting a dent in the country’s oil Continue Reading
