As fresh rounds of U.S. sanctions begin to affect Venezuela’s economy, the government in Caracas has been trying to reassure ...
Crashing oil prices have left Venezuela, which gets 95% of its export ... Unrelenting inflation has also staggered the economy. The rate reportedly reached 69% in December 2014, and estimates ...
The price of oil is one of the most closely watched economic trends in the world. It affects the economies of every nation, and petrostates such as Venezuela are highly dependent on oil exports.
(Bloomberg) -- One of the key reasons Venezuela’s economy is slowly recovering from the worst collapse in modern history is an oil giant 2,200 miles away: Chevron Corp. The Houston-based company ...
The report revealed a sharp drop in Venezuelan imports in 2016, when purchases totaled US$16.4 billion, half of the US$33.3 billion of the previous year. Venezuela's economy shrank a massive 16.5% ...
Luis Salas, the new 39-year-old vice president for the economy, has scant administrative experience, but champions the same theories of price and currency controls that have defined Venezuela's ...
TASS/. Venezuelan economy shrunk by 47.7% since 2013, the country's Central Bank said in a report released on Tuesday. According to the report, inflation in Venezuela reached 130,060% in 2018.
(Bloomberg) -- One of the key reasons Venezuela’s economy is slowly recovering from the worst collapse in modern history is an oil giant 2,200 miles away: Chevron Corp. The Houston-based company, ...