NEWSWORTHY

Trump signs sanctions order targeting Venezuela gold exports: John Bolton

Business Nov 2, 2018

Trump signs sanctions order targeting Venezuela gold exports: John Bolton

Washington ratcheted up pressure on Venezuela's leftist President Nicolas Maduro on Thursday with new measures aimed at disrupting the South American country's gold exports, U.S. national security adviser John Bolton said. Bolton promised a tough stance by the Trump administration toward "dictators and despots near ...

Venezuela's annual inflation hit 488,865% in September: congress

Business / Economy Oct 9, 2018

Venezuela's annual inflation hit 488,865% in September: congress

Venezuelan consumer prices rose 488,865 percent in the 12 months ending in September, a member of the opposition-run congress reported on Monday, as the OPEC nation's hyperinflation continues to accelerate amid a broader economic collapse. Daily inflation is now 4 percent, according to opposition legislator ...

Maduro says oil finance commitments won from China

World Sep 16, 2018

Maduro says oil finance commitments won from China

Venezuelan President Nicolas Maduro said Saturday he had new commitments from Beijing on funding for the oil industry on which crisis-hit Caracas relies. Oil output is the main generator of Venezuela's income but has fallen to its lowest level in three decades, with the South ...

Maduro heads to China in bid to bolster Venezuela's collapsing economy

Business Sep 13, 2018

Maduro heads to China in bid to bolster Venezuela's collapsing economy

Venezuelan President Nicolas Maduro departed Wednesday for China in search of agreements to bolster the oil-exporting country's collapsing economy. Maduro said the trip was "very necessary, very opportune and full of great expectations." "We are leaving under better conditions, having activated a program of economic recovery, ...