"The oil market right now is probably as dicey as I've seen it my career," former energy portfolio manager Nick Tiller says.» Read More
CARACAS, Venezuela— When Judith Faraiz's son was near death after a severe motorcycle accident, she put his life in the hands of God and Cuban doctors.
NEW YORK, April 14- Two former executives of a defunct New York broker-dealer were indicted Monday as part of a widening U.S. investigation into foreign bribery involving their employer and Venezuelan state economic development banks.
CARACAS, Venezuela— A Venezuelan journalist was freed Monday, eight days after she was kidnapped by masked men in front of her house.
CARACAS, Venezuela— The father of a Venezuelan TV journalist says his daughter has been kidnapped by armed, masked men in the western section of the capital of Caracas. Luis Pinto said Monday that his daughter Nairobi Pinto was taken hostage Sunday afternoon at the entrance to the building where she lives.
BUENOS AIRES, March 30- Argentina has been approached by financial institutions offering it loans at favorable rates, the economy ministry said on Sunday, marking a tentative reopening of international credit markets for the first time in over a decade.
MERIDA, Venezuela, March 18- An engineering student armed with a slingshot commands a barricade. This is Merida, the small university city in western Venezuela where students and faculty have spent more than a month protesting against socialist President Nicolas Maduro.
March 17- Air Canada has suspended flights to Caracas until further notice citing the ongoing civil unrest in Venezuela, and said it could no longer ensure the safety of its operation. The airline, which operates three return flights weekly between Toronto and Caracas, said the suspension is effective March 18.
CARACAS, March 14- President Nicolas Maduro on Friday warned airlines not to limit flights in and out of Venezuela, a day after reports a Colombian airline was reducing services to Caracas amid industry complaints of billions of dollars in unpaid debts.
As it struggles against street violence, oil-rich Venezuela is fighting an even tougher battle to reverse its economic slide.
CARACAS, March 5- Followers of the late Venezuelan leader Hugo Chavez took to the streets on Wednesday to mark the anniversary of his death, a sad but welcome distraction for his successor, who has faced a month of violent protests. "He changed Venezuela forever, and we cannot go back.
Diego Moya-Ocampos, senior Latin America analyst at IHS, discusses the on-going protests in Venezuela and says that they are still not strong enough to destabilize the government.
Apostolos Bantis, credit analyst at Commerzbank, says that while political risks have escalated in certain emerging markets, appetite for hard currency bonds remains strong due to high yields.
The country has neglected the energy sector, says Robert Hormats, Kissinger Associates vice chairman, sharing his thoughts on widespread political instability in Venezuela.
The Ukrainians will have to figure out a solution for themselves, says Robert Hormats, Kissinger Associates vice chairman, sharing perspective on widespread political instability in Ukraine.
Following the ouster of Viktor Yanukovych in Ukraine this weekend, Venezuela may be next to depose its president, analysts warned on Monday.
Feb 21- Venezuela's oil minister said on Friday he may cut off deliveries of fuel to areas hit by anti-government protests, and the threat of local supply disruptions could further drive up crude prices even though exports are running normally.
CARACAS, Feb 21- Venezuela's jailed protest leader urged supporters on Friday to keep demonstrating peacefully against President Nicolas Maduro despite violence that has killed at least six people and rocked the OPEC member nation.
CARACAS, Feb 21- Venezuela's jailed protest leader urged supporters on Friday to keep demonstrating peacefully against President Nicolas Maduro despite violence that has killed six people and rocked the OPEC member nation.
CARACAS, Feb 20- Security forces and protesters fought around Venezuela on Thursday in streets blocked by burning barricades and a supporter of socialist President Nicolas Maduro was shot dead, the sixth fatality from more than a week of violence.
CARACAS, Feb 20- Venezuelan security forces and demonstrators faced off in streets blocked by burning barricades in several provincial cities on Thursday as protests escalated against President Nicolas Maduro's socialist government.