NEWSWORTHY

Where now for Venezuela, as it wrestles with 1,000,000% inflation?

Jul 27, 2018

Where now for Venezuela, as it wrestles with 1,000,000% inflation?

Whether Venezuela's projected 1 million percent inflation sparks a social revolution or forces the government to open up the economy, one thing is sure: It will heap more misery on a suffering population. This week, the International Monetary Fund made the stunning projection, adjusting its ...

Jul 12, 2018

OPEC data show Venezuela oil output in free fall

Venezuelan oil production crashed to a new 30-year low of 1.5 million barrels a day in June, the Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday. The South American nation earns 96 percent of its revenue through oil sales but a lack of ...