Banks Venezuela 2016 inflation skyrockets 800%, GDP falls 19% Yomna Yasser Jan 21, 2017 0 Venezuelan consumer prices skyrocketed 800 percent in 2016 while the economy contracted by 18.6 percent, according…
International News OPEC, Russia meet in Vienna for first check on oil cut progress Yomna Yasser Jan 21, 2017 0 Representatives of OPEC and several other major oil producers arrived in Vienna Friday for their first meeting to…
International News Venezuela reopens border with Colombia after eight days nada nasser Dec 21, 2016 0 Venezuela has reopened its border with Colombia, eight days after President Nicolas Maduro closed it in order to…
International News Venezuela delays 100-bolivar banknote withdrawal nada nasser Dec 18, 2016 0 Venezuela's President Nicolas Maduro has delayed the withdrawal of the 100-bolivar banknote until 2 January. The…
forex news Oil falls as Venezuela says market is 10% oversupplied Yomna Yasser Sep 20, 2016 0 Oil prices dropped on Tuesday after Venezuela said that global supplies needed to decline by 10 percent in order to…
Arab Oil surges as Venezuela sees output deal, Libya suffers clashes Yomna Yasser Sep 19, 2016 0 Oil prices climbed almost 2 percent Monday, after Venezuela said OPEC and non-OPEC producers were close to reaching…
Egypt News Egypt, Turkey FMs meet in Venezuela on sidelines of non-aligned summit Noha Gad Sep 18, 2016 0 A meeting was held between Egypt's Foreign Minister Sameh Shoukry and Turkey's Foreign Minister Mevlut Cavusoglu…
International News Lack of investment, payment delays hamper Venezuela oil output Noha Gad Aug 15, 2016 0 Venezuela, which holds the world's largest crude reserves, is on track to suffer its steepest annual oil output…
Banks Citibank to close Venezuela government accounts Noha Gad Jul 12, 2016 0 Venezuela's President Nicolas Maduro said on Monday that Citibank NA C.UL, planned to shut his government's foreign…
Industry & Trade Lufthansa suspends Caracas flights as Venezuelan economy struggles Noha Gad May 29, 2016 0 German airline Deutsche Lufthansa AG (LHAG.DE) said on Saturday it will temporarily suspend flights to Venezuela as…