Investing in Venezuela

RECENT NEWS
Mondo Visione  45 min ago  Comment 
The former chief executive officer and former managing director of a U.S. broker-dealer (the Broker-Dealer), were sentenced to prison today for their roles in a scheme to pay bribes to a senior official in Venezuela’s state economic development...
Reuters  Mar 25  Comment 
Vietnam's state oil and gas group PetroVietnam (PVN) is considering selling its 40 percent stake in a joint venture with Venezuelan counterpart Petroleos de Venezuela...
Reuters  Mar 21  Comment 
Pharmacy chain Farmatodo said on Saturday two of its managers have been freed from jail pending trial on charges in an emblematic case of what President Nicolas Maduro calls Venezuela's "economic war."
Reuters  Mar 20  Comment 
China will lend Venezuela around $10 billion in coming months, half as part of a two-way financing deal and the rest to develop oil fields, a senior official at state oil company PDVSA said on Thursday.
Reuters  Mar 19  Comment 
China will lend Venezuela around $10 billion in coming months, half as part of a bilateral financing deal and the other half for the development of oil fields, a senior official at state oil company PDVSA said on Thursday.
Reuters  Mar 19  Comment 
Venezuela will seek to reduce a $46 million compensation claim it has been ordered to pay to oil service company Tidewater in a case stemming from the 2009 seizure of vessels, its oil minister said in an interview published on Thursday.
Forbes  Mar 19  Comment 
I like to boil down economic concepts into very small and simple forms. They are like life preservers that one can cling to in an emergency, when cabinet meetings become a whirlwind of bad economic advice. One such concept is: the health of the...
Clusterstock  Mar 17  Comment 
Last week, President Obama designated 7 members of the Venezuela's socialist political elite threats to the US and placed sanctions on those individuals. Venezuelan President Nicolas Maduro is having a field day with the designations. The...
Reuters  Mar 17  Comment 
Venezuelan President Nicolas Maduro said on Monday the South American OPEC country would keep servicing its debt and find resources despite a tumble in oil prices.
Clusterstock  Mar 16  Comment 
Three former Venezuelan government officials who defected from Hugo Chavez's regime spoke to the Brazilian magazine Veja about an alleged alliance between Argentina, Venezuela, and Iran, which included a deal in which Argentina would get Interpol...




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