Investing in Venezuela

RECENT NEWS  Apr 4  Comment 
DEARBORN (dpa-AFX) - General Motors Co. (GM) said Thursday that it expects to incur a pre-tax charge of about $400 million in the first quarter of 2014 due to a currency exchange rate remeasurement in Venezuela. This is in addition to a charge of...
Wall Street Journal  Apr 3  Comment 
General Motors Co. expanded to $1.15 billion the amount of unexpected charges it will now take against its first-quarter results.
The Hindu Business Line  Apr 3  Comment 
Venus Remedies today said it has received marketing authorisation for meropenem, an antibiotic drug, from Venezuela and plans to launch the product in the Latin American country in the next few mon...
Automotive World  Apr 3  Comment 
The currency crisis in Venezuela began more than a decade ago, when the government halted foreign exchange sales as a precursor to capital and import controls. These controls came into effect a few weeks after the stop of forex sales. What the...
Times Online  Apr 1  Comment 
Venezuelan families are to be restricted to one weekly shop for subsidised food under measures to prevent households hoarding basic...
Financial Times  Apr 1  Comment 
Torres is on a marketing drive to convince investors that all is well in his country’s socialist economy since loosening currency controls last week

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