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Venezuela

Venezuelan 'Unlivable' Crisis Continues, This Time It's Long-Distance Calls

Apr 16, 2016 08:20 PM EDT

Things just got worse in Venezuela. In addition to the shortages of medicine, food, toilet paper and the recently reported shortages of power, Venezuelans will now have to deal with interrupted long-distance calling as well as TV-channel outages.

Venezuela's Economy Expected to Worsen in 2016

Feb 27, 2016 06:00 AM EST

Venezuela's economy is not going to recover any time soon.

Iran Threatens to Floods Oil Market Even Further

Feb 11, 2016 06:00 AM EST

The oil glut crisis has gotten worse as Iran is trying to flood the market even more with its plan to export big amounts of oil to other countries after the United States lifted restrictions on its crude last year.

South America’s Largest Low Cost Airline Suspends Operations in Venezuela Due to Currency Dispute

Feb 10, 2016 06:00 AM EST

South America’s largest low cost airline has shut down its operations in Venezuela due to a currency dispute.

Venezuelan Oil Minister Holds Meeting with Qatari Counterpart to Discuss Dropping Prices

Feb 05, 2016 06:00 AM EST

Venezuelan Oil Minister Eulogio Del Pino’s meeting with his Qatari counterpart yielded good results.

Why Venezuela is Importing US Oil Despite Having 298 Billion Barrels

Feb 04, 2016 09:58 PM EST

Despite having billions of barrels of oil, Venezuela has just bought crude from the United States.

Venezuela Note at Risk of Inflation

Feb 04, 2016 06:00 AM EST

Venezuela notes shipping in by plane loads due to inflation problems

El Niño Possibly Connected with Zika Virus? [Details]

Feb 02, 2016 06:00 AM EST

El Niño could be blamed for the Zika virus outbreak in the Latin American region.

2016 Economic Forecast for Latin America: Where to Invest

Feb 01, 2016 06:11 AM EST

After a year full of crisis and trials, Latin America is expected to rise again in terms of economy for the year 2016.

Venezuela’s Oil Minister Urging Russia & Saudi to Cut Oil Production as Prices Collapse

Feb 01, 2016 06:00 AM EST

Venezuela's oil minister is convincing Saudi Arabia and Russia to cut oil production as prices continue to collapse.

Venezuela’s Navy Patrol Exchange Gunfire with Colombian Police at Border, Investigation Underway

Feb 01, 2016 06:00 AM EST

Colombia will launch an investigation after Venezuela’s Navy Patrol exchanged gunfire with police at their joint border.

Venezuela Oil Group Recommends Single Foreign Exchange for Oil Transactions

Jan 27, 2016 06:00 AM EST

To attract more investment from international oil companies with the recent drastic price drop, the oil group in Venezuela has proposed applying a single exchange rate to the industry.

Cuba Still Cautious of U.S. Telecommunications & Internet Deals

Jan 26, 2016 06:00 AM EST

The United States is in a hurry to close telecommunications deals with Cuba, but the Caribbean island nation is still holding out.

How Venezuelans Feel about President Nicolás Maduro Plans to Establish a New Revolutionary Congress

Jan 25, 2016 06:00 AM EST

Venezuela’s President Nicolás Maduro has announced a committee overseeing the creation of a new revolutionary assembly.

Opposition-Led Congress Denies President Maduro's Request for More Power Amid Venezuela's Plunging Economy

Jan 23, 2016 07:14 AM EST

The opposition bloc in Venezuela refused President Nicolas Maduro's decree requesting for emergency powers noting that it will not serve the current recession in the country.
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