Venezuelan Credit Dashboard: Next Big Payment Due in April
Venezuela looks set to start 2017 with a somewhat quiet first quarter in terms of debt repayment, with only $1.1 billion due over the first three months of the year. Continue Reading
Venezuela president extends date to use 100-bolivar bills
President Nicolas Maduro has again extended the deadline for Venezuelans to stop using their old 100-bolivar bills. Maduro said in a television and radio broadcast address on Thursday that people Continue Reading
Venezuela’s President Once Again Extends 100-Bolivar Note’s Deadline
Venezuelan President Nicolás Maduro announced the extension for the 100-bolivar notes during a television program… CARACAS, Venezuela—President Nicolás Maduro has again extended the deadline for Venezuelans to stop using their Continue Reading
In Venezuela, lynchings kill one person every three days: report
Roughly one person is being lynched in crisis-ridden Venezuela every three days as frustrated residents take revenge on suspected criminals, a monitoring group said on Wednesday. The Venezuelan Observatory of Continue Reading
Cuba says economy shrank this year in tandem with Venezuela crisis
Containers are seen at the Mariel port in Artemisa province, Cuba January 5, 2016. Cuba’s economy shrank 0.9 percent this year in tandem with the crisis in its key trading Continue Reading
Venezuela says to cut 95,000 bpd crude output in OPEC deal
Venezuela said on Tuesday it will cut 95,000 barrels-per-day of oil production in the New Year in fulfillment of a producers’ deal to reduce global output and strengthen prices. Jan. Continue Reading
Venezuela is lurching closer and closer to chaos
VENEZUELA, WHICH was once Latin America’s richest country, has become an unwilling test site for how much economic and social stress a modern nation can tolerate before it descends into Continue Reading
THE WORST IS YET TO COME! Crisis Group anticipates rising discontent and social upheaval in 2017
The non-governmental organization The International Crisis Group warns in a report that Venezuela could enter a dangerous period of great turmoil after the worsening economic catastrophe and the decision of Continue Reading
Secrecy And Confusion Surround Venezuela’s Latest Oil Deals
Venezuela’s newly created and military run oil and mining company Camimpeg has formed a joint venture with UK-based Southern Procurement Services (SPS) to reactivate shut-in wells in Lake Maracaibo in Continue Reading
Venezuela Deploys Troops After Weekend Riots
A member of the Venezuelan army stands in front of commercial properties after looting erupted… PUERTO ORDAZ, Venezuela—President Nicolás Maduro’s government deployed 3,000 troops to the southeastern state of Bolivar Continue Reading