Exodus the only answer for thousands of Venezuelans
Diomira Becerra knew it was time to leave Venezuela when she took her four-year old daughter to the local park in Caracas and they saw a man shot dead in Continue Reading
Venezuelan Opposition Figure Flees House Arrest, Says He’ll Fight From Abroad
Antonio Ledezma, a top opposition figure who led protests against President Nicolás Maduro’s government, fled house arrest in Caracas on Friday and crossed the border into neighboring Colombia, officials said. Continue Reading
Venezuela’s crude sales to the U.S. rose in October but remained low
Venezuela’s crude exports to the United States recovered in October from the previous month but were still the third lowest in 2017, according to Thomson Reuters trade flows data. The Continue Reading
Venezuela chooses Dutch-based firm for Orinoco oil JV
Venezuela has selected a little-known, Dutch-registered company for a new joint venture at the Junin 10 oil block in its Orinoco Belt region, according to a decree published on Thursday. Continue Reading
Dan Yergin on why Venezuela could cause a ‘big shock’ to the markets
If the global oil market suddenly loses Venezuela’s 2 million barrels of daily oil production, it would be “a big shock to the system,” according to Dan Yergin, vice chairman Continue Reading
Venezuela ruled in default by trade group after bond payment delays
Venezuela’s cash-strapped leftist government has defaulted on sovereign debt and bonds issued by state oil firm PDVSA after failing to make timely payments, a New York-based derivatives group ruled on Continue Reading
Russia Offers Venezuela Debt Relief
Wilmar Castro, Venezuela’s vice president for the economy, and Finance Minister Simon Zerpa, right, attend a briefing in Moscow at the signing of a deal between Russia and Venezuela on Continue Reading
Russia and Venezuela agree $3bn debt restructuring
Russia has come to the aid of Venezuela with a deal to restructure $3.15bn of sovereign debt, allowing Caracas to meet obligations to other creditors and underlining Moscow’s role as Continue Reading
Venezuela Signs $3.15B Debt Restructuring Deal With Russia
Russia is throwing a life-line to defaulting Venezuela after the two countries signed on Wednesday a deal to restructure US$3.15 billion worth of Venezuelan debt owed to Moscow. Under the Continue Reading
Russia Offers Venezuela Debt Relief
Wilmar Castro, Venezuela’s vice president for the economy, and Finance Minister Simon Zerpa, right, attend a briefing in Moscow at the signing of a deal between Russia and Venezuela on Continue Reading