Energy-short Venezuela creates new holiday, time zone

Apr 15, 2016

Energy-short Venezuela creates new holiday, time zone

Venezuela’s leader Nicolas Maduro declared a public-sector holiday for Monday and vowed to change the nation’s time zone in the latest dramatic measures to cope with a crippling electricity shortage blamed on low water levels at hydroelectric dams. Maduro last week gave the public ...

Apr 1, 2016

Monaco, U.K. probe vast graft scandal in oil business

Monaco’s government says it is helping British authorities investigate a “vast corruption scandal” implicating an unspecified number of international oil companies, the tiny European principality said in a statement released late Thursday. The statement said several executives of the Monaco-based company UNAOIL have been ...