RECENT NEWS
Wall Street Journal  Dec 5  Comment 
Venezuela took over three more small banks, adding to the threat to the country's entire banking system.
Reuters  Dec 4  Comment 
Venezuela on Friday took over three more banks, raising the week's tally to seven, in a clean-up of the financial sector that has worried investors but is seen as unlikely to herald a major nationalization wave.
Metal Bulletin  Dec 4  Comment 
Venezuelan hot-briquetted iron (HBI) producer Venprecar has resumed production after a stoppage of nearly two months for maintenance and labour disputes, a senior executive at the company told MB.
Wall Street Journal  Dec 3  Comment 
Venezuelan banks seemed to be on the verge of a crisis, stoking fears Chávez could nationalize the system.
The Globe and Mail  Dec 3  Comment 
President Hugo Chavez has unsettled the nation's financial sector and made investors jitteryamid the rhetoric around Venezuela's banks. How serious is the situation?
OilVoice  Dec 3  Comment 
The Venezuelan government is reported to have delivered the final terms for its longawaited 1.2 million barrels per day bpd Carabobo ultraheavy oil crude auction. Significantly it is the governm
Bloomberg  Dec 2  Comment 
Venezuela’s benchmark dollar bonds plunged, sending yields to a four-month high, after President Hugo Chavez threatened to seize more banks following the government’s takeover of four lenders.
Upstream Online  Dec 2  Comment 
Venezuela has delivered the final terms for the auction of the 1.2 million barrel-per-day Carabobo extra-heavy crude project, a government source said, after long delays to its first tender in more than a decade.
The Globe and Mail  Dec 1  Comment 
Many economists expect South America's top oil exporter will devalue currency at some point
New York Times  Dec 1  Comment 
Tribes in remote Venezuela face the challenges of a thriving bush-meat trade, incursions by gold miners and government control over their land.
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