City Caracas, Venezuela Financial News

19.11 / 15:55

Flushing boost Venezuela Turns to Flashy Casinos, SUVs and U.S. Dollars for an Economic Boost

CARACAS, Venezuela—A dozen casinos are opening here in a country where the Socialist government had banned gambling as a capitalist vice. And stores that were barren just a couple of years ago are now flush with imported goods, ranging from $8,000 bicycles to frozen desserts from the Cheesecake Factory.

28.01 / 10:35

economy Election community wellness Trade President country Venezuelans suddenly have hope for the Economy. Less so for democracy.

Subscribe to enjoy similar stories. CARACAS, Venezuela—Weeks after a U.S. military raid ended the 13-year rule of Nicolás Maduro, Venezuelans are living through a whiplash transition that feels less like a democratic dawn and more like an economic takeover.

23.01 / 01:57

Provident security Election Bill President country 2020 Venezuela unveils oil bill to attract investors, lift output

Subscribe to enjoy similar stories. CARACAS, Venezuela—The country’s interim government unveiled a bill Thursday to loosen the state’s iron-tight control over its beleaguered oil industry, a move aimed at attracting U.S. energy companies but one that analysts say falls short of what is needed to unlock major new investments and revive output as President Trump has demanded.

08.01 / 10:41

markets UPS Action Trade President country Updates Mint Explainer: Why haven't oil prices crashed after US action in Venezuela?

Mint explains why oil prices have remained range-bound and what it means for India.Oil prices are back to where they were before the US action in Venezuela. On 3 January, US forces attacked the Venezuelan capital Caracas and captured President Mudaro. When the markets opened on 5 January, the benchmark Brent Crude saw a marginal spike to $62.56 a barrel.

04.12 / 01:51

UPS Citi Election Flushing President International Here in Venezuela, people are more afraid of runaway inflation than Trump

Subscribe to enjoy similar stories. CARACAS, Venezuela—With a U.S. Navy flotilla off the coast and President Trump pushing for strongman Nicolás Maduro’s ouster, Venezuelans are focused on a more urgent matter: the price of Christmas preparations.

18.12 / 00:31

FIVE Action Election President Justice Courts rights Canada imposes economic sanctions on 5 Venezuelan officials, including the high court president

Canada has imposed economic sanctions on five Venezuelan officials, including the head of the country’s high court, accusing them of engaging in electoral fraud during the disputed July presidential election

22.10 / 20:39

Man Williams economy Instagram President country International Venezuela arrests a former oil czar and accuses him of working with the US to undermine the industry

Venezuela’s top prosecutor has announced the arrest of a former oil minister and accused him of working with the U.S. government to undermine the industry that drives the country’s economy

30.08 / 16:47

Telegram economy President Experts country voice peace Major power outage hits Venezuela's capital, with Maduro government blaming 'sabotage'

Venezuelans awoke Friday to a major power outage in the capital, Caracas, and several states

18.07 / 13:14

UPS MET Election President country Relationships The uncertainty that plagues life in crisis-ridden Venezuela is also wreaking havoc on relationships

In crisis-ridden Venezuela, nothing has been spared the uncertainty that plagues everyday life

10.04 / 09:33

Williams Trade President reports Courts Investigations International Former Venezuelan oil minister is arrested in connection with corruption probe, authorities say

Venezuela’s government says the country’s former oil minister has been arrested on allegations of corruption

13.02 / 07:11

UPS Action show cover rights International Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts

The government of Venezuela accused neighboring Guayana of granting illegal oil exploration concessions in territory the two nations are disputing

24.12 / 03:27

Provident FIVE Tapestry love Celebrity Merry Christmas 2023: 5 intriguing traditions from around the world

Christmas reflects a diverse tapestry of traditions worldwide, where each culture adds its unique and occasionally eccentric customs to the festive celebration. Christmas is observed on December 25th, and serves as a commemoration of the birth of Jesus Christ. While the Bible doesn't specify the exact date of Jesus' birth, early Christians opted for December 25th to coincide with pagan winter solstice celebrations.

06.12 / 13:19

Action President country Latin Maduro orders the 'immediate' exploitation of oil, gas and mines in Guyana's Essequibo

Venezuelan President Nicolás Maduro is asking the country’s state-owned companies to “immediately” begin to explore and exploit the oil, gas and mines in Guyana’s Essequibo region, a territory larger than Greece and rich in oil and minerals that Venezu...

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