Swiss Authorities Found Over US$10 Billion in Suspicious Funds Linked to Maduro Regime
The Swiss Prosecutor's Office detected bank accounts with over US$10 billion that they suspect come from misappropriated public funds in...
January 18, 2021Topic
venezuela economy
Venezuela Proposes Allowing Private Companies to Operate Oil Fields -Sources
Venezuelan officials have met in recent months with small domestic oilfield contractors to propose letting them operate fields owned by...
January 14, 2021
Young Venezuelans Turn to Selling Adult Content to Survive Economic Crisis
RIO DE JANEIRO, BRAZIL - Like many other young Venezuelans, Valery Lopez has found a way to survive the South...
January 12, 2021
Venezuela Criticises Joint U.S.-Guyana Naval Exercises
Venezuela on Monday, January 11th, criticized joint naval exercises by the United States and Guyana, with which it has a...
January 11, 2021
Financial Firm Credit Suisse Cuts Relations With Wealthy Venezuelan Families
Fearing of doing business with politically-exposed clients in a sanctions-hit country, Credit Suisse Group AG has cut relationships with a...
January 7, 2021
Venezuela’s Oil Exports Sink to 1940’s Level Under Tighter U.S. Sanctions
Pressured by strict U.S. sanctions, Venezuela’s oil exports plunged by 376,500 barrels per day (bpd) in 2020, according to Refinitiv...
January 4, 2021
Dollar’s Growing Dominance in Venezuela Leaves Locals ‘Short-changed’
With her arms full of US$11.87 worth of bananas, red peppers and onions, an elderly woman at a produce stand...
December 31, 2020
UAE Emerges as Hub for Companies Helping Venezuela Avoid U.S. Oil Sanctions
In June, the United States imposed sanctions on half a dozen oil tankers managed by established shipping firms. It was...
December 29, 2020
Venezuela: National Assembly Reports 65.7% Inflation in November
Venezuela closed November with an interannual inflation of over 4,000%, as reported on Friday by the National Assembly, a body...
December 5, 2020