Home Tags Venezuelan economy

Tag: Venezuelan economy

Colombian police officers in front of people queueing to try to cross into Colombia from Venezuela on the Simon Bolivar international bridge in Cucuta, Colombia, January 24, 2018.

‘Like a natural disaster had hit’: Venezuela’s crisis is spilling over its borders — here’s what it’s like at grou...

Hundreds of thousands of Venezuelans are heading for the exits, and Venezuela's neighbors are struggling to deal with the influx.
Workers at an oil pump in Lagunillas, Ciudad Ojeda, in Zulia, Venezuela, March 20, 2015.

The industry keeping Venezuela afloat is under pressure from both inside and outside the country

Internal decay and external pressure are adding to the turmoil in Venezuela.
A Colombian soldier guards the border with Venezuela in Cucuta, Colombia, February 9, 2018.

‘I don’t have a happy ending’: Venezuela’s misery is deepening — and spilling over its borders

Colombian immigration officials say there are nearly 600,000 Venezuelans in the country — double the number six months ago.
Venezuelan President Nicolas Maduro fist-bumps with oil workers during a visit to a facility in the oil-rich Orinoco belt in the state of Monagas, March 21, 2013.

Rex Tillerson is talking about drastic action against one of the world’s biggest oil producers — again

Cracking down on Venezuela's oil industry "is something we continue to consider," Rex Tillerson said this weekend.
Demonstrators march in support of Venezuela, in Havana, Cuba, August 25, 2017.

Venezuela is ‘a target-rich environment’ for more US sanctions — but it could backfire

Venezuela's economy is set to continue deteriorating, but what effect that will have on its political scene is not yet clear.

Nicolas Maduro is cracking down on rivals and Venezuela’s oil industry could take a big hit

Several former high-ranking officials have been arrested in recent days in Venezuela, in what appears to be a campaign to consolidate political power.

Argentina’s president wants the US to take a drastic measure against Venezuela

Argentina's president wants the US to deepen its crack down on Venezuela, but the move he's touted could damage both the US and Venezuela.

$30 billion per year: IMF reportedly calculates bailout costs for crisis-hit Venezuela

The IMF has estimated inflation could rise to 2,300% by the end of 2018 and said the crisis has "no end in sight."

Some Latin American governments are making the most of Venezuela’s deepening crisis

The deepening turmoil in Venezuela has brought repudiation from around the world, but some of those governments reap political benefit from their condemnations.