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Category: Venezuela

Category:
  • Venezuela

GM Ceases Operation in Venezuela as Plant Is Seized

General Motors Co. became the latest multinational company to exit what used to be South America’s most lucrative consumer market, following the seizure of its plant linked to a court Continue Reading

Posted On : 21 Apr 2017 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela state oil company gave cash to Trump inauguration

Venezuela has donated $500,000 to US President Donald Trump’s inauguration, newly released records show. Citgo Petroleum, a US-based subsidiary of the Venezuelan state-owned oil company, is named in papers filed Continue Reading

Posted On : 21 Apr 2017 Published By : Tom Whipple
Category:
  • Venezuela

Many Poor Venezuelans Are Too Hungry to Join Antigovernment Protests

President Nicolás Maduro has lost support among the legions of poor Venezuelans that once backed the late Hugo Chávez, but they have largely shown little interest in joining the opposition-led Continue Reading

Posted On : 21 Apr 2017 Published By : Tom Whipple
Category:
  • Venezuela

At Least 3 Die in Venezuela in Violent Protests Across the Country

Protesters demanding elections and a return to democratic rule jammed the streets of Caracas and other Venezuelan cities on Wednesday. National Guard troops and government-aligned militias beat crowds back with Continue Reading

Posted On : 20 Apr 2017 Published By : Tom Whipple
Category:
  • Venezuela

Banned at sea: Venezuela’s crude-stained oil tankers

In the scorching heat of the Caribbean Sea, workers in scuba suits scrub crude oil by hand from the hull of the Caspian Galaxy, a tanker so filthy it can’t Continue Reading

Posted On : 18 Apr 2017 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela opposition seeks to strain security forces with protests

Venezuela’s opposition was rallying across the nation on Thursday as part of a bid to strain security forces by staging anti-government protests in each of the volatile country’s 335 municipalities. Continue Reading

Posted On : 14 Apr 2017 Published By : Tom Whipple
Category:
  • Venezuela

U.S. Oil Assets Could Fall Into Russian Hands If Venezuela Defaults

If Venezuela defaults on its debt obligations, it could result in Russia taking control over U.S. refining assets, leading to more Russian “control over oil and gas prices worldwide,” which Continue Reading

Posted On : 13 Apr 2017 Published By : Tom Whipple
Category:
  • Venezuela

PDVSA Notes Rally After Venezuela Makes Good on $2.2 Billion Debt Payment

Oil company honors debt obligations amid political unrest Government says it will continue paying debt due this year Bonds issued by Venezuela’s state oil company rallied after the country made Continue Reading

Posted On : 13 Apr 2017 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela Staves Off Default, but Low Oil Prices Pose a Threat

Venezuela has put off a reckoning on its tens of billions of dollars in debt, but its ability to avoid a disastrous default will probably require much higher oil prices Continue Reading

Posted On : 13 Apr 2017 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela: Severe Nationwide Protests Continue

Widespread and intense protests continued across Venezuela on April 11, El Nacional reported. The day before, protesters alleged that authorities fired tear gas onto the grounds of the Policlinica Las Continue Reading

Posted On : 12 Apr 2017 Published By : Tom Whipple

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