And Now Venezuela Will Have To Go It Alone
Of all the member nations of OPEC, Venezuela arguably is most in need of a rally in oil prices. An agreement to cut oil production would do the trick. But OPEC members have reportedly indicated that it will not cut. This means Venezuela will most ...
Venezuela Turmoil Signals End of Oil-for-Jeans Giveaway
“The huge drop in oil prices makes it so much more difficult for Venezuela to sustain this,” Lisa Viscidi, director of the energy program at the Inter-American Dialogue, a public-policy research group in Washington, said by telephone Nov. 13. “I don't ...
Venezuela Seeks Oil Price Up Back at $100 a Barrel
VIENNA—Venezuela wants oil prices to return to $100 a barrel, the country's foreign minister said on Tuesday, ahead of an OPEC meeting. Speaking to reporters, Rafael Ramirez, who will represent Venezuela at the Organization of the Petroleum Exporting ...
Exclusive: Venezuela sets date for Citgo bids despite ruling sale out
(Reuters) - Bankers representing Venezuela have set a date for prospective buyers to submit revised offers for Citgo Petroleum Corp, according to people familiar with the matter, despite the country's finance minister ruling out the U.S. refineries sale.
Oil woes for Venezuela
Falling gas prices around the world, now at a four-year low, could result in the lifting of government subsidies on gasoline inside Venezuela, which has been a big savings for its citizens. The combination of the end of the subsidies and the rise in ...
The Iran-Cuba-Venezuela Nexus
Regular readers of this column will remember that in July the U.S. asked local officials here to arrest Venezuelan Gen. Hugo Carvajal and to extradite him on suspicion of drug trafficking with Colombian guerrillas. He was detained but the Netherlands ...
Venezuelan MP Claims: The Zionists Financed Hitler
A Venezuelan member of parliament recently claimed that while Hitler had killed Jews during World War II, he did not kill any “Zionist Jews”. In an interview with Hezbollah's Al-Manar TV, Venezuelan MP Adel Al-Sughayar said that Hitler's main ...
Venezuela, China go in opposite directions when it comes to capitalism
Venezuelan President Nicolás Maduro, whose country has the world's highest inflation and Latin America's lowest economic growth, has just convened a “World Conference on the Crisis of Capitalism” for early 2015. He should invite Chinese leader Xi ...