Venezuela News
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Venezuela’s state-controlled oil company will sell
dollar bonds for the first time in six months as the government seeks
foreign currency to end shortages of imported goods.
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Venezuelan President Nicolas Maduro accused political
opponents of rejecting the legitimacy of his government after the
opposition suspended talks to end nationwide demonstrations that have
left at least 42 dead.
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Venezuela’s opposition has suspended talks to end
nationwide demonstrations that have left 42 dead after a government
crackdown on protest camps in Caracas.
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The global oil market will remain “fairly balanced”
in 2014 as supply disruptions including delays at the Kashagan field in
Kazakhstan prevent the build-up of a surplus, according to OPEC.
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A Venezuelan national police officer died as a result
of gunshot wounds after National Guard troops raided four tented
protest camps in eastern Caracas yesterday morning as the country’s
economic crisis deepened and support for President Nicolas Maduro
tumbled.
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Venezuelan National Guard troops raided four tented
protest camps in eastern Caracas this morning as the country’s economic
crisis deepened and support for President Nicolas Maduro tumbled.
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Panama’s Copa Airlines will cut routes to Venezuela
starting this month as it struggles to repatriate funds trapped in the
South American nation.
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Venezuela’s government announced the start of
electricity rationing in western Zulia state as well as water rationing
in Caracas to reduce demand on the power grid, a day after Ford Motor
Co. halted production in Latin America’s largest oil exporter.
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Lawrence T. Williams, the Bank of Guyana governor since 2005, has died. He was 59.
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CNH Industrial NV plans to more than double profit by
2018 as the maker of Iveco trucks and New Holland tractors sets its
sights on expansion in Asia.
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