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Category: Venezuela

Category:
  • Venezuela

The Collapse Of Venezuela’s Imaginary Oil Currency

Earlier this year, Venezuelan President Nicolas Maduro rolled out his latest scheme to rescue his economy, offer an alternative to the increasingly worthless bolivar, and skirt U.S. sanctions on financial Continue Reading

Posted On : 4 Sep 2018 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela’s PDVSA to divert tankers to nearby port after accident: sources

Venezuela’s state-run PDVSA is organizing a contingency plan to address its latest oil-export problem following a minor accident last week at the country’s main crude terminal, two sources from the Continue Reading

Posted On : 1 Sep 2018 Published By : Tom Whipple
Category:
  • Venezuela

Special Report: In Venezuela, new cryptocurrency is nowhere to be found

To hear Venezuela’s leftist President Nicolas Maduro tell it, this remote hamlet of 1,300 souls is perched on the cutting edge of an innovation in cryptocurrency. Located in an isolated Continue Reading

Posted On : 31 Aug 2018 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela Claims It Aims To Boost Oil Production By 640,000 Bpd

Venezuela’s state oil firm PDVSA has said that it signed a US$430 million joint service agreement with seven companies that would help it increase its crude oil production by 641,000 Continue Reading

Posted On : 31 Aug 2018 Published By : Tom Whipple
Category:
  • Venezuela

Exclusive: Venezuela’s port woes stall oil exports to Rosneft

The closing of a dock at Venezuela’s main oil export port could delay as much as 5 million barrels in crude deliveries to Russian company Rosneft, further complicating oil-for-loan agreements Continue Reading

Posted On : 30 Aug 2018 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela’s PDVSA files appeal against Crystallex court ruling

Venezuela’s state oil firm Petroleos de Venezuela SA (PDVSA) PDVSA.UL said on Saturday it filed an appeal requesting that a Delaware court vacate a decision on Aug. 23 granting Canadian Continue Reading

Posted On : 27 Aug 2018 Published By : Tom Whipple
Category:
  • Venezuela

Venezuelan exodus approaching crisis moment: U.N. agency

The exodus of migrants from Venezuela is building toward a “crisis moment” comparable to events involving refugees in the Mediterranean, the United Nations migration agency said on Friday. Growing numbers Continue Reading

Posted On : 25 Aug 2018 Published By : Tom Whipple
Category:
  • Venezuela

Backlash Against Venezuelan Refugees Grows Across South America

News of the assault prompted Pacaraima locals, who already had been planning a protest the next day, to set fire to a refugee camp and chase away Venezuelans with rocks. Continue Reading

Posted On : 25 Aug 2018 Published By : Tom Whipple
Category:
  • Venezuela

Venezuelans left reeling by dollar shortages and hyper-inflation

For 40 years, Víctor Urbina has sold sweets from a stand outside a shopping centre in Caracas. Now 80, his hair white, he lived through the city’s infamous “Caracazo” of 1989 Continue Reading

Posted On : 25 Aug 2018 Published By : Tom Whipple
Category:
  • Venezuela

Venezuela’s neighbours urged to keep borders open

The UN urged Venezuela’s neighbors on Thursday to keep their borders open as thousands of migrants continue to pour out of the country to escape hyperinflation and economic collapse. Speaking Continue Reading

Posted On : 24 Aug 2018 Published By : Tom Whipple

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