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Venezuela

World NewsHow far will Venezuela go to avoid a default ?

Financial Times - ‎7 hours ago‎
But if forced to choose between default or cutting imports, Francisco Rodríguez, analyst at Bank of America Merrill Lynch, reckons Venezuela's cash strapped government would choose the latter and take the risk of worsening the country's shortage of ...
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CompaniesGoodyear takes $646m hit on Venezuela

Financial Times - ‎15 hours ago‎
The economic meltdown in Venezuela continues to blow holes across the balance sheets of corporate America, with Goodyear, the US tire maker, the latest to announce a substantial write-down to its business there.

Traveling Through Venezuela, a Country Teetering on the Brink

New York Times - ‎20 hours ago‎
It was a project where fleeting moments carried the story: shouting matches during the first session of Congress; soldiers at the tomb of President Hugo Chávez, who died in 2013; letters from expatriates who had left Venezuela because of crime and ...
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Venezuela charge drives Goodyear into loss

Financial Times - ‎10 hours ago‎
Goodyear Tire & Rubber became the latest big US company to detail damage from Venezuela's financial crisis when the automotive tyre manufacturer reported a $646m charge against fourth-quarter earnings.
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Venezuela cannot deal with onslaught of Zika because medicine shortages

Fox News Latino - ‎12 hours ago‎
Venezuela's Congress, which is now controlled by the government opposition, has declared a health crisis amid shortages of medications and medical equipment.
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Thinking About the Bern? Check Out Venezuela, and Then Think Again

PJ Media - ‎9 hours ago‎
For those young, naive and stupid enough to fall for the free-lunch siren song of socialism, and thus tempted to expend a vote on a man who is an enemy of the state and, essentially, the agent for an alien ideology, check out this piece -- from the New ...
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See huge opportunity in Venezuela; US supply not restricted: DRL

Moneycontrol.com - ‎13 hours ago‎
See huge opportunity in Venezuela; US supply not restricted: DRL. Saumen Chakraborty, CFO, Dr Reddy's, says the company has been calibrating sales in Venezuala where the market and capacity is huge.
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Gol airline suspends operations in Venezuela over currency dispute

Fox News Latino - ‎7 hours ago‎
Brazil's Gol airline announced Tuesday that it has temporarily suspended operations in Venezuela because of the difficulties the company encounters when it tries to send money back to its home country.
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The Economic Nightmare of Venezuela

The Market Mogul - ‎12 hours ago‎
Last year was horrid for Venezuela. Low oil prices and global weakness battered the country for whom 95% of exports are oil related, with oil representing around 40% of annual government revenue.

New Zika hotspot feared in Colombia and Venezuela

The Australian - ‎15 hours ago‎
Health authorities say the virus is acute in the Colombian border city of Cucuta and flourishing in a string of towns and cities stretching north across steamy, swampy cattle fields and hamlets to Venezuela's second-largest city, Maracaibo, near the ...
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Venezuelan default: Worse than Argentina?

CNBC - ‎Feb 7, 2016‎
Venezuela, a country that has endured nearly three continuous years of economic and social crises, is all but certain to touch off a new round of instability - one that is not altogether unfamiliar territory for emerging markets.
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Venezuela Can't Get Saudis To Budge On Oil Output

Investor's Business Daily - ‎Feb 8, 2016‎
Oil prices fell Monday after a meeting between Saudi Arabia and Venezuela ended Sunday without an output cut. Several energy companies fell especially hard amid executive and merger uncertainty (Energy Transfer Equity (ETE)) and debt restructuring ...
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Venezuela shopping centres halve opening times as crisis bites

BBC News - ‎Feb 7, 2016‎
Shopping centres in the Venezuelan capital, Caracas, say they will be halving their opening times to four hours a day. The move will allow them to comply with government energy rationing.

New Hot Spots Emerge as Zika Spreads

Wall Street Journal - ‎Feb 8, 2016‎
MARACAIBO, Venezuela—Health authorities say Zika is spreading quickly across Colombia and Venezuela, warning that the two countries' porous border region could be the next hot spot after Brazil for the mosquito-borne virus.
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Venezuela State Oil Company Cut Spending After Slump in Prices

Bloomberg - ‎12 hours ago‎
Petroleos de Venezuela SA cut 2015 capital spending as the state oil company grappled with crude prices that last month extended a decline to the lowest in almost 13 years.

Venezuela, where polarising is so easy

Open Democracy - ‎Feb 8, 2016‎
Venezuela has been shut off from access to financing, just when it needed it most because of the balance-of-payments crisis, exacerbated by the dramatic fall in oil revenues and an inefficient economic policy that has increased exponentially the ...

Venezuela's economy ranked the most miserable in the world

Latin Correspondent - ‎16 hours ago‎
Venezuela's economy has been ranked the most miserable in the world according to a new Bloomberg report. In a 63 country study, Venezuela was closely followed by Argentina, Brazil and Spain. Unemployment and inflation were the two variables taken ...
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Mexico beats Venezuela in Caribbean Series title game

The Seattle Times - ‎Feb 7, 2016‎
Jorge Vazquez hit a home run to lead off the bottom of the ninth inning Sunday, lifting Mexico's Mazatlan Venados to a 5-4 comeback victory over Venezuela's Aragua Tigres for the Caribbean Series championship in Santo Domingo, Dominican Republic.
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Why Venezuela Is in Talks with Deutsche Bank

Fortune - ‎Feb 5, 2016‎
Venezuela's central bank has begun negotiations with Deutsche Bank AG to carry out gold swaps to improve the liquidity of its foreign reserves as it faces heavy debt payments this year, according to two sources familiar with the talks.

Classrooms Without Teachers Spread in Southern Venezuela

Global Voices Online - ‎Feb 8, 2016‎
Although they love their profession, upwards of 300 teachers in Gran Sabana, Venezuela, have left their classrooms to find more affordable pay in other industries.
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