Venezuela’s state-owned oil company should be stopped from plundering its U.S. subsidiary Citgo Holding Inc., according to court papers filed Monday evening by a creditor seeking $1.4 billion from the Continue Reading
News coming out of Venezuela over the past two years has reeked of corruption and failed political leadership: a long list of shortages , rampant poverty , incrimination of the Continue Reading
A police water cannon disperses demonstrators during an opposition rally in Caracas, Venezuela. Venezuelan authorities confirmed that a young man was killed on Thursday during anti-government protests and vowed to Continue Reading
A deal to give Russia’s Rosneft 49.9% ownership of US refiner Citgo if Venezuela’s cash-strapped national oil company PDVSA defaults on its loans threatens US national security and should be Continue Reading
A few gasoline cargoes around the Caribbean Isles are looking for homes. Three tankers holding about 1.35 million barrels of gasoline and alkylate, an octane-boosting component blended with motor fuels, Continue Reading
Venezuela’s state oil producer PDVSA said it will pay $2.1 billion in bonds after a plunge in crude production and dwindling cash flow spurred bets on a default. Caracas-based Petroleos Continue Reading
For nearly two decades, Venezuela’s socialist government has maintained a façade. It proclaimed democracy and concern for social rights. In reality, it eroded civil, political and economic freedom. For a Continue Reading
Crisis-stricken Venezuela’s money supply has surged over 200 percent in a year, its fastest rise since records began in 1940, putting it on track for what is likely the world’s Continue Reading
Opposition supporters shout slogans as they block a highway during a protest against Venezuelan President Nicolas Maduro’s government in Caracas. REUTERS/Carlos Garcia Rawlins Venezuela’s opposition sought to keep pressure on Continue Reading
Venezuela’s opposition lawmakers said on Sunday they will push for the removal of Supreme Court judges whom they accuse of acting on behalf of the ruling Socialists after the top Continue Reading
