Investing in Venezuela

RECENT NEWS
Clusterstock  Jan 26  Comment 
For the 9 months or so Venezuelans have weathered through hyper inflation, goods shortages, and days-long lines to enter near-empty grocery stores without mass demonstrations. But last week, according to Bloomberg, President Nicolas Maduro...
Yahoo  Jan 24  Comment 
In a likely sign of things to come from a number of companies this results reporting season, Ford Motor Co on Friday said it was taking a pre-tax charge of $800 million for its Venezuela business. Ford also said that it was unable to maintain...
Clusterstock  Jan 23  Comment 
Venezuela is the most miserable country in the world. And it's because the country's situation is declining at such breathtaking speed. For the second year in a row Venezuela has topped the "Misery Index," an annual list compiled by The Cato...
Reuters  Jan 23  Comment 
NEW YORK, Jan 23 (IFR) - Venezuela's US oil-refining unit Citgo will probably have to pay double-digit yields to lure investors into a US$2.5bn financing package aimed at pumping new cash into its state-owned parent PDVSA.
Wall Street Journal  Jan 23  Comment 
Ford Motor is removing its Venezuelan operation from its consolidated financial reports, taking an $800 million pretax charge in the fourth quarter amid unstable economic conditions and additional currency devaluation.
Financial Times  Jan 22  Comment 
Maduro needs access to financial markets and to end shortages




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