Citgo Petroleum posts fourth quarter net loss of $255 million
May 7, 2021
HOUSTON (Reuters) -Eighth-largest U.S. refiner Citgo Petroleum Corp on Friday reported a wider $255 million fourth quarter loss as slack demand for fuel
Economy
Private equity funds eye Venezuela acquisitions on hopes Biden could ease sanctions
May 7, 2021
CARACAS(Reuters) – At least two private equity funds are seeking to acquire stakes in Venezuelan companies that have survived the country’s economic crisis,
Venezuelans Still Flock To Cryptocurrency Despite The Failure of The Petro
May 5, 2021
Venezuela’s governmental initiative of an oil-backed national cryptocurrency in 2018 was met largely with scepticism from global leaders, with the Trump administration
Venezuela Increases Minimum Wage to Less Than $4 on Labor Day
May 3, 2021
The information you requested is not available at this time, please check back again soon. Oscar Medina, Bloomberg News Workers wearing protective masks
Venezuela raises minimum wage in fourth year of hyperinflation
May 1, 2021
The Venezuelan government increased the monthly minimum wage by 289%, an official said on Saturday, moving from the equivalent of 64 U.S. cents
Venezuela’s socialist-held congress to ratify ‘anti-blockade’ law, official says
April 27, 2021
CARACAS (Reuters) – Venezuela’s socialist-held National Assembly will ratify a law passed last year by a separate legislative body that let the government
Venezuela Cut Off From Share of IMF’s $650 Billion New Reserves
April 16, 2021
(Bloomberg) — The International Monetary Fund won’t hand over $5 billion of special drawing rights to Venezuela to bolster its reserves as part
In Venezuela Bond Market, Gunmen and Bags of Cash Are Required
April 13, 2021
(Bloomberg) — In what is perhaps the tiniest and almost certainly the most primitive bond market in the world, default isn’t the greatest
Double Risk: the Adventure of Buying International Health Insurance in Venezuela
April 11, 2021
A version of this post was originally published at our sister site, Cinco8. In 2016, when health insurance in dollars became available in
GoFundMe or death: Venezuelans seek online help in Covid pandemic
April 8, 2021
By Andrea TOSTA (AFP) 9 hours ago in World Four family members with Covid-19, zero savings and no relief from Venezuela’s collapsed public
