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March 11, 2024
Puerto La Cruz Refinery, one of Venezuela’s biggest oil refineries, is located 300km east of Caracas in the state of Anzoátegui.
March 10, 2024
(Bloomberg) -- The risk of government defaults in emerging markets this year is subsiding, stoking a rally in bonds that were just recently teetering on collapse and propelling junk-rated sovereign debt to its best start to a year since 2019.Most Read from BloombergThese Are the Best Countries for Wealthy ExpatsBillions Pour Into Nigeria as Tinubu’s Reforms Start to Pay OffIs Now the Right Time to Invest in Bitcoin?Slow US Inflation Retreat Is Set to Bolster Fed Patience on Rate CutsThe $...
March 10, 2024
Fears are rising over the influence Iran has on Caracas as the two regimes strengthen economic and military ties and grow more hostile towards Washington DC .
March 9, 2024
Sitting on the largest oil reserves in the world, Venezuela was once the richest nation in Latin America. Then socialism opened the door to the Castro dictatorship, and it became a satellite of communist Cuba. The most amazing part was that this invasion by Cuba was totally consensual and welcomed. In part two of this
March 9, 2024
(Bloomberg) -- Brazilian state-controlled oil giant Petrobras sent a team of production specialists to Venezuela at the request of Nicolás Maduro, whose administration is welcoming oil majors despite US sanctions threats on its oil industry.Most Read from BloombergBillions Pour Into Nigeria as Tinubu’s Reforms Start to Pay OffIs Now the Right Time to Invest in Bitcoin?United Plane Veers Off Runway in Third Boeing Mishap of WeekThe $1 Trillion Race to Rebuild Ukraine Is Slowly Getting...
February 29, 2024
Guyana's economic development is at risk due to Venezuela's interference with its oil exploration and discoveries.
February 29, 2024
As Venezuela approaches its presidential elections, the government strategizes to combat inflation by stabilizing the bolivar-dollar exchange rate and cautiously managing public spending amidst U.S. sanctions and a prolonged economic crisis.
February 28, 2024
The kidnapping of Lieutenant Colonel Ronald Ojeda violates Chilean sovereignty in an unjustified and unprovoked aggression.
February 28, 2024
Venezuelas government is intensifying its efforts to lower inflation ahead of a presidential election this year, keeping the bolivar-dollar exchange rate steady and weighing how to manage spending...
February 28, 2024
March is typically one of the strongest months for outperformance in RBOB futures, thanks to the pending switch to summer gasoline specifications as well as...