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  • MILAN, July 21- The United States will ship its first liquefied natural gas cargo through an expanded Panama Canal next week. A day later BP Plc's British Merchant will begin passing through the Panama Canal also carrying cargo from the United States to Manzanillo on Mexico's Pacific coast, Kpler LNG said. The Panama Canal Authority confirmed the Maran Gas...

  • July 21- Confidence in prospects for the global economy has been dented following Britain's vote to leave the European Union, with a growing view that monetary policy is a fading force and many governments now need to borrow and spend, Reuters polls showed. "Given how fragile the global economy is nearly eight years after the start of the global financial crisis,...

  • Oil crude oil

    Colombia's oil-reliant economy appears to be navigating global uncertainty that has hammered places like Venezuela and Brazil.

  • Venezuelan soldiers participate in a parade to celebrate the 195th anniversary of the Battle of Carabobo in Caracas, June 24, 2016.

    As his country's economy implodes around him, Venezuelan strongman Nicolas Maduro has resorted to what may be a last-ditch effort to stay in power.

  • CARACAS, Venezuela— Venezuela's military is getting a major promotion as the socialist-run country struggles to combat severe shortages and stave off food riots. President Nicolas Maduro on Monday created a new government initiative to boost production and guarantee the smooth distribution of food supplies in the face of what he called economic sabotage...

  • CARACAS, Venezuela— The people waiting for hours in front of the drugstore were dazed with heat and boredom when the gunmen arrived. Instead of handing it over, Junior Perez took off toward the entrance to the pharmacy. "These days, you have to put the line above everything," said pharmacist Haide Mendoza, who was there that morning.

  • CARACAS, Venezuela— Venezuela's government said Monday that it will seize a factory belonging to Kimberly-Clark Corp. after the U.S. personal care giant said it was no longer possible to manufacture in this crisis-wracked South American nation. President Nicolas Maduro accused Kimberly-Clark of participating in an international plot to damage...

  • HOUSTON/ CARACAS, July 8- Venezuela's falling crude output and financial woes have left it struggling to maintain a 15- year-old oil assistance program to its closest ally, Cuba. The shift signals an unraveling of the oil diplomacy pioneered by Venezuela's late socialist leader Hugo Chavez and helps explain why Cuba, which generates electricity from fuels,...

  • HOUSTON/ CARACAS, July 8- Venezuela's falling crude output and financial woes have left it struggling to maintain a 15- year-old oil assistance program to its closest ally, Cuba. The shift signals an unraveling of the oil diplomacy pioneered by Venezuela's late socialist leader Hugo Chavez and helps explain why Cuba, which generates electricity from fuels,...

  • He, along with former presidents Martin Torrijos of Panama and Leonel Fernandez of the Dominican Republic, are trying to facilitate talks between the government and the opposition. Given the diametrically opposed views of each side in Venezuela, internationally mediated talks outside Caracas could help address their differences, Shannon said.

  • He, along with former presidents Martin Torrijos of Panama and Leonel Fernandez of the Dominican Republic, are trying to facilitate talks between the government and the opposition. Given the diametrically opposed views of each side in Venezuela, internationally mediated talks outside Caracas could help address their differences, Shannon said.

  • Given the diametrically opposed views of each side in Venezuela, internationally mediated talks outside Caracas could help address their differences, Shannon said. "The hope that this can be used not only to address political differences but also to create a platform from which both the government and the opposition can ask for help from the international...

  • Given the diametrically opposed views of each side in Venezuela, internationally mediated talks outside Caracas could help address their differences, Shannon said. "The hope that this can be used not only to address political differences but also to create a platform from which both the government and the opposition can ask for help from the international...

  • WASHINGTON, June 24- Dialogue between the Venezuelan government and opposition could provide a platform from which they could request help from the international community, U.S. Under Secretary of State for Political Affairs Tom Shannon said on Friday. Shannon, a veteran U.S. diplomat who led talks with Venezuelan officials in Caracas, said there was no date...

  • WASHINGTON, June 24- Dialog between the Venezuelan government and opposition could provide a platform from which they could request help from the international community, U.S. Under Secretary of State for Political Affairs Tom Shannon said on Friday. Shannon, a veteran U.S. diplomat who led talks with Venezuelan officials in Caracas, said there was no date set...

  • CARACAS, June 22- Citgo Petroleum, the U.S. unit of Venezuela's PDVSA, will likely invest about $400 million to $600 million to overhaul Aruba's refinery under a 25- year lease with the Caribbean island's government, a top PDVSA official said on Wednesday. "We're eyeing investments in the refinery that would be more or less between $400 and $600 million," Jesus...

  • Gas flare from an offshore oil rig platform.

    That gap in price forecasts is important. If an investor believes oil prices will peak next year, the case for buying into energy stocks becomes more urgent.

  • BUENOS AIRES, June 21- Venezuela has badly mismanaged its vast oil resources, a senior U.S. diplomat told Reuters in an interview on Tuesday in which he said a change in government could quickly turn the OPEC member's fortunes around. Tensions have been high between Washington and Venezuela, where the president is facing a possible recall referendum amid...

  • Venezuela grapples with food shortages

    An alarming number of Venezuelans say they do not have money to buy enough food, according to the most recent assessment of living standards by Simón Bolívar University.

  • Police keep guard as people line up to buy groceries in a supermarket at Catia neighborhood in Caracas, on June 11, 2016.

    With delivery trucks under constant attack, the nation's food is now transported under armed guard. Venezuela is convulsing from hunger.