Despite uneasy relation between Venezuela and the U.S. the trade relationship between these two countries are souring high. No matter, even if Hugo Chavez has launched an incessant tirade against the U.S. but it seems these political outbursts from both sides, has nothing to do with the economic rel[...]
Posts Tagged ‘Venezuela’
July 9th, 2012 - 11:20 am § in News Of Economy
Venezuela-U.S. trade soaring high despite political tensions
July 6th, 2012 - 11:15 am § in News Of Economy
Chavez bid for greater state control, a chilling message for US investors
Venezuela president Hugo Chavez in a shocking move for foreign investors indicated for fresh efforts to assert greater control over Venezuelan economy by announcing plans to nationalize power and telecoms companies. Sending a chilling message to foreign investors Hugo Chavez clearly indicated his in[...]
May 10th, 2012 - 1:22 pm § in News Of Economy
No compensation for oil firms in Venezuela
Venezuela’s oil minister warned yesterday that foreign oil firms might not be compensated when their operations in the OPEC affiliated nation’s vast Orinoco reserve oilfields are taken over by the government in coming months. This has followed Friday’s rhetoric by Venezuela’s[...]
April 10th, 2012 - 6:43 am § in News Of Economy
Chavez drags Venezuela economy in danger: Zoellick
Robert Zoellick, possible new head of World Bank, warns Venezuela that leftist Chavez led government will ruin the country. Government anti-liberal policies are pushing economy on the limbo as it’s causing to alienate country from the outer world. Zoellick said: “It’s a country where e[...]
April 6th, 2012 - 6:00 am § in News Of Economy
Venezuela to encapsulate Inflation
To curb the galloping inflation, Venezuelan government has decided to curtail public spending by issuing $2.8 billion in bonds and treasury notes by the end of this year. Country’s inflation has risen to 17 percent last year, which raises the apprehension of policymakers. Country’s finan[...]