Clorox Leaves Venezuela, But Keeps Outlook
Demand from consumers isn't the only uncertainty companies face. Sometimes a firm can face hurdles in foreign countries where it does business. For Clorox (NYSE:CLX), it's cleaning up and moving on from unfavorable conditions in Venezuela. On Monday, the ...
Venezuela, China Sign $2 Billion Agreement for Housing
Over the weekend, Venezuela singed a two-billion-dollar deal with China which cements Beijing as Caracas’ second biggest economic trading partner and largest source of investment capital. The accord is part of an effort to help curb Venezuela’s huge ...
Blackout hits parts of capital, western Venezuela
CARACAS, Venezuela — Venezuela's government says parts of the capital and seven western states were left without electricity after two generating plants had technical problems. The blackout began at 1:30 p.m. Thursday in Caracas and lasted about an hour.
Venezuela Suffers Another Blackout
Another blackout hit various states across Venezuela on Thursday in an irritation for locals and embarrassment for President Nicolas Maduro's government which runs the electricity sector. The South American OPEC member nation has been suffering increasing ...
Washington Post Slams Venezuela for Electing 'Former Bus Driver'
It's no secret that the Washington Post editorial page was quite alarmed by Venezuela's shift to the left under former President Hugo Chavez. The Post–like the rest of elite US media (Extra!, 11/05)–was an unrelenting critic of Chavez's policies.
Venezuela: is Maduro back-pedalling on Citgo?
Nicolás Maduro, Venezuela’s president, made his debut at the United Nations this week. While in New York he talked about Citgo, the US-based subsidiary of his country’s state oil company PDVSA, which is supposedly up for sale. Only last month, a ...
Venezuela Bonds Rally as Three PDVSA Exchange Rates Permitted
Venezuelan bonds rose to one-week high after the government said it would let state-owned oil company Petroleos de Venezuela SA sell dollars at a more attractive level. The nation’s benchmark dollar bonds due in 2027 increased 0.92 cent to 73.25 cents on ...
Venezuela-Exxon arbitration ruling due in days - newspaper
CARACAS, Sept 25 (Reuters) - A World Bank arbitration tribunal will rule in days that Venezuela must pay between $700 million and $1.2 billion to Exxon Mobil Corp to compensate for a 2007 nationalization, a newspaper said on Thursday. Pro-opposition ...
Where Is Venezuela’s 366 Tonnes Of Gold?
* Is any of the country’s gold encumbered, loaned or leased to Goldman Sachs or other banks? * Bank of America economist on visit to Venezuelan central bank last week was allowed to view the bank’s gold vault and the gold repatriated by Former ...
Venezuela's Nicolas Maduro Calls For 'Re-Founding' Of UN; Slams US-Led Airstrikes In Iraq And Syria
Venezuela’s President Nicolas Maduro on Wednesday called for a “re-founding” of the United Nations, during his first speech to the annual General Assembly of world leaders in New York. Maduro also spoke up in support of Syrian President Bashar Assad ...
